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. Check out this blog post to learn the key advantages of selling to an investor over a traditional buyer in Connecticut…
When it comes to selling your Connecticut 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. Or you could list your house yourself and try to find a buyer. Or, you could work with a real estate investor who will buy your house from you directly… and fast. Here are the advantages of selling to an investor…
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Connecticut: Speed
If you are looking to sell to a traditional buyer, that buyer needs to be found by an agent. That process can take several months to happen, and as we’ve seen by keeping an eye on the MLS, for some sellers, that can take over a year. Yikes!! However, if you sell to an investor, you are selling to the buyer. There’s no waiting and one of the best perks is that you don’t have to clean your house up and leave when an investor comes to look at it. Is it messy? We don’t care. Does it need a lot of work? We don’t care. Compare that to cleaning your house and packing up your pets and leaving your house for every single showing, not knowing whether the people coming through are actually interested or even qualified to buy!
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. For homeowners who are behind on their payments, all that mortgage interest just continues to build up as they wait to find a buyer. This obviously impacts their bottom line once they finally do find a buyer.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Connecticut: No Repairs
Most homeowners have projects that they need to get to or want to get to but always can’t. We all have bills to pay and usually have to save up to make major repairs or improvements to our homes. If you plan on selling to a traditional buyer through and agent, most of the time it is expected that the buyers will want or need certain repairs to be made to the house before they buy. However, when selling to an investor, most buy houses in as-is condition. They don’t expect any repairs to be made to your house. So all that money can stay in your pocket!
And if the repairs are really extensive, you won’t have to deal with a contractor, either. Yes, the investor may ask for a small 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.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Connecticut: 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. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward.
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.