Many people don’t want to hire a real estate agent when selling their home—hiring a real estate agent can mean you will have to pay a percentage to them for selling your house, and it can make you feel like your hands are tied since you won’t have the power to make most of the decisions. Aside from hiring a real estate agent, there are a few other ways to sell your home. One of the most popular ways to sell your home in Idaho is to sell it to Boise home investors. Many people actually prefer selling to home investors over more traditional methods. Today, we will go over some of the reasons more and more people are starting to sell their house this way:
Avoid Repairs
Most people choose to sell their houses to home investors because they don’t have to invest additional money in their homes by making repairs. Most home investors don’t care about the shape or condition of your house. If your house requires repairs or needs a little TLC, they won’t care and will make you an offer regardless. This option is a great one for people who want to sell their house and get rid of it as is.
Sell Your House Fast
Another reason people like selling their homes to home investors is because this is usually a quick process. When you sell your home on your own or hire a real estate agent, you typically have to wait months to find the right seller. Even after finding the right seller, you will have to wait to close the deal and receive funds. This process usually takes over three months. Some people want to sell their homes quickly, which is why they sell to home investors.
Home investors can usually make you an offer for your home within 24 hours. Once you have agreed to the offer, then the closing process is quick, and you can have your money within days—or you might even be lucky enough to get paid cash. The process of selling your home to an investor can take as little as two days from when you first contact them when you receive the money for your home.
Keep All Your Profits to Yourself
Real estate agents are known to be helpful when selling a house. They are usually reliable and have many resources that make the process of selling your house a quick and easy one. Real estate agents also do most of the hard work when it comes to selling your house, and all you have to do is sit back and wait for a buyer to show up.
Although this sounds amazing, real estate agents usually take a percentage of what you sell your house for as their commission for the work they do. This seems like a fair trade, but you lose tens of thousands of dollars by doing this. That is why many people choose to sell their home on their own. Selling your home this way will allow you to keep all your money to yourself, but it is still a complicated task that requires a lot of work. If you aren’t looking to do all the work, you can sell your home to an investor. These investors will give you a good offer, and you will be able to keep all your money to yourself without having to pay a commission to an agent.
Avoid Complications
Selling your home the traditional way can take up to a year due to potential complications—after all, finding a good buyer is just the first step to making a successful sale. Once you find an interested buyer, you will still have to do a lot of paperwork, and your buyer will have to apply for a loan to make the large purchase. This is where things can get a bit complicated.
If your buyer gets the loan, you will get your money, and the closing process comes to an end after all documents have been signed. However, not everyone gets this lucky. Your buyer might only be approved for a partial loan. If this happens, the buyer might try negotiating with you to lower the cost and find other ways to get the rest of the money needed for the purchase. If your buyer can’t come up with the money for the house, then the deal is put to an end, and you have to start the process all over again. By selling your home to a real estate investor, you avoid all this because most investors already have the money to buy your home.
Conclusion
Many people aren’t aware of how easy it is to sell your home to a real estate investor. There are many benefits to selling your home this way, but one of the best ones definitely has to be that the process is quick, and you get paid fast. There are many other benefits to selling your home this way. Make sure you contact a real estate investor and see what they have to offer for your home.