Should I Sell My House to a Home Investor?
When you think about selling a home, what do you imagine? Most of us have an idea about how the process works, but in reality, the business is changing. You have more options to sell your home than you might realize, and one of those involves home investors. It’s a different approach to the whole process, and you might find that it’s an approach you like.
What Is a Home Investor?
These are people and businesses that specialize in buying homes. Sometimes, they flip the homes. Sometimes, they rent them out. Other times, they’ll sell the home to a developer. There are a lot of options, and what is done usually depends on the property. The thing to understand about investors is that they are always buying houses. This comes with a set of pros and cons, but most of all, it comes with consistency. They’ll approach your house the same way as hundreds (or thousands) of others. So, you get something of a standardized experience.
The Pros of Selling to a Home Investor
Home investors wouldn’t exist if no one ever sold to them. There must be some advantages, right? There are plenty, but two stand out above the rest.
Speed
If you want or need to sell your house fast, this is by far the best route to take. Home investors are known for making an offer within a week of the first contact. They can close in as little as another week after that. Of course, if you don’t need to move quite that fast, they can work with you on a flexible schedule. The bottom line is that home investors have cash on hand and offer the quickest route to selling your house.
Ease
The second major advantage of going through a home investor is ease. They’re going to be offering you cash, so there’s no extra work involving a bank. They’re experts in real estate, so they know the process and how to navigate it. They’ll use that expertise to help you along. They don’t want delays or frustrations any more than you do.
Most of all, they do this a lot. They have a streamlined service. Basically, you contact them and tell them about your house. They’ll schedule a walkthrough, and then they’ll make an offer. If you take the offer, they’ll walk you through the closing process. It is not possible for a home sale to be any easier.
The Cons of Selling to a Home Investor
In reality, there’s only one true con to selling to an investor: it’s non-traditional. The price you get for the house will mostly depend on the condition and value of the home. It might be possible to get a higher price through a different means, but that’s not always true. When you factor in the cost savings of selling the house so easily, selling to a home investor is a better value in plenty of cases.
The only con is a bit of a stigma. When you think about selling a house, you have preconceived notions of going through a realtor, listing the property, and maybe having some open houses. Skipping all of that might feel weird, but as long as you get an offer you like from the investor, there’s nothing to worry about. It’s not shady. It’s not questionable. It’s just non-traditional, and even that is changing. Nowadays, roughly a quarter of houses are sold to cash buyers. It might not be long before selling to investors is the new normal.
If you really want to understand this experience, contact We Buy Houses Tulsa. You can get an offer with no commitment on your part. You’ll see that this really is fast and easy. Once you have an offer, you can decide what to do with it. You really have nothing to lose.