We all know people usually put their homes on the market for several reasons. Regardless of what your purpose is, your ultimate goal is always to get cash fast for your home. If you do have a small window to look for money to cater for your needs, you must be wondering which route to take between hiring a real estate agent and contacting an investor. Hopefully, by the time you are done going through this article, you’ll have all the answers needed.
Because you are reading this blog, it’s safe to assume you are selling your home, and you need money fast. We are ready to offer you solutions, but first, you need to acquaint yourself with the difference between what an investor does and what you should expect from an agent.
The primary function of an agent is to search for a potential buyer, represent you during a sale and eventually close a deal. Simply put, your agent acts as a conduit between you and the buyer.
The case with an investor is a tad bit different. When you work with such an expert, you are selling your house directly to a buyer who happens to be the investor. In other words, there’s no middle party involved in the transaction.
Let’s now delve into the timeframe difference between a Houston house seller who’s working with a real estate agent, and the one working with an investor.
What to anticipate when working with an agent
The function of an agent is to market your house, find a potential buyer, and negotiate a fair deal with the intentions of closing it. For them to sell the home at a better price, you will have to work on the repairs and ensure the property is in pristine condition for it to lure buyers. The agents will take it from there and go to the market to search for as many prospective buyers as possible to show your house.
Undoubtedly, by the time you are through with the repairs and the agent feels the house is in an excellent condition, you’ll have worked for weeks or even months. The property will then get listed preferably on the MLS, but unfortunately, before finding a buyer, it will have stayed on the market for several more months. Because most individuals purchase properties using loans, buyers have to apply through banks and other lending institutions. However, there’s a possibility of the approval process falling through, and thus leaving both of you in limbo. Consequently, you’ll have no other choice but to go through the entire process a second time.
In a nutshell, if you opt for an agent, you have to make sure your home is in peak condition. Motivate your realtor to adequately market your property if he or she is to find a potential buyer fast enough. The sale also hinges on the financial status of the buyer and how willing they are to go through with the deal.
What to anticipate from investors
It might come as a surprise but you should know an investor can give you a fair offer and close the deal in as little as seven days. They are always looking for properties to invest in, and we buy houses any condition. You won’t even have to work on the paperwork because they deal with everything on your behalf. An example of such an investor is the company ‘We Buy Houses Fast Houston.’ If you’re in dire need of cash now, they are your go-to people. Call them today and smile your way to the bank.