If you’re thinking about selling, you’re probably weighing your options right now and maybe deciding how to sell and who you should sell to. Sometimes when we buy houses our clients have already made that decision or just know that a traditional sale doesn’t make sense. Other times people are on the fence as there seem to be pluses and minuses to both sides. Or worse, thy just don’t have enough good info to make a decision. Well, let’s try and fix that today!
When it comes to selling your Killeen house, you have a number of options. You could work with an agent to list your house and they’ll try to find a buyer. This is the pretty standard traditional way of doing things, Or you could list your house yourself and try to find a buyer. Personal opinion, this is NOT the best option. Paying an agent sucks but mispricing and negotiating your own contracts just isn’t something to be taken lightly.
The third option involves someone like me who does buys houses fast for cash, which has it’s place for sure but lets see when and where that makes sense.
Key Differences Of Selling To An Investor Over A Traditional Buyer In Killeen: Speed
In order to sell to a traditional buyer, that buyer has to be found by the agent… which is a process that can take months. And really, it’s more that ANOTHER agent brings a buyer, they make an offer and negotiations happen. During that time you have to pay the holding costs for the property… Mortgage, utilities, insurance, maintenance, taxes, etc.
WHEN THIS MAKES SENSE: If it’s a hot market and your house is in good repair then this is likely the best option for you. Find a good agent (I have a recommendation if you need one SUNBURST REALTY), get that puppy listed and go!
Fortunately, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as ten days or so (it varies, depending on the investor and the situation). Since I’m the end buyer, and there’s no searching… you already know who they are and we can often make it happen fast! And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Killeen: No Repairs
Not every house is in pristine condition. In fact, real deal, EVERY house we work with needs updating at a bare minimum and usually a lot more work than that. But when you sell to a traditional buyer, you’ll probably have to pay out-of-pocket to fix up the property and clean it before a traditional buyer will even look at your house. And most “retail” buyers do not want to buy a project so expect to take a price hit even for little stuff and possibly limit your buying pool to investors and people who want a project
But most investors buy houses in as-is condition, which means you can save money and time (and hassle!) by skipping the repair and cleaning.
And if the repairs are really extensive, you won’t have to deal with a contractor, either. Yes, the investor will need a discount on the selling price since THEY are covering the repairs instead of you, but this is a small price to pay to sell quickly and without all the hassle and in my experience can be less than what the repairs would cost you as a homeowner.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Killeen: No Guessing
This is perhaps the biggest problem of them all: When you sell to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the house… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to an investor, you know exactly what the investor will pay right away. I won’t lie and say there are never any negotiations or things we have to work through together but our goal is to get a deal that works for everybody involved and at the end of the day our offers are no obligation, no stress so there’s really no reason not to check us out!
There are many ways to sell your house. And although selling to an investor might not be the right choice for everyone, it might be right for you. And if you want some more info on cash home buyers and our process then check out this link.