Nowadays, home buyers are having more choices about the homes they will buy. In the real estate market, competition is tough now to find a buyer that sees the potential in a home that needs a little work, without substantially lowering your asking price.
There is a reason why you cannot get a fair price. In many cases buyers expect your home to be in ‘move-in’ condition before parting with their money. They see new carpets and freshly painted walls in showrooms and are judging your home with the same measuring stick. It changes what people are willing to pay. You receive offers subject to negotiations – meaning you have more work to do before the sale takes place. Others may simply try to give you a ridiculously low offer if they buy ‘as-is’.
If you have pressing circumstances that mean you cannot do the work or cannot afford the time it would take to have the work done you may take one of these offers, losing thousands of dollars of value just because it was the best offer on the table.
Real estate investors know the market you are selling in, usually with the help of their Real Estate Assistant. They are not put off by stains on the carpets, fading paint or any of the other typical wear and tear that comes with lived-in homes. You can find real estate investors who will take on all of the hassle of cleaning and prepping your home for new buyers – all the while taking over your payments so you don’t have to wait for the closing before moving on.
You save yourself the hassle of finding a buyer that’s willing to give you a fair price for your home while also being relieved of the work involved to make it look what it’s worth. This can be very important when a move needs to be made right away but you simply don’t have the time or ability to fix things up.
It is better to find a realtor that can sell your home on the date you choose, giving you a fair price and doing the fixing up for you! All they can do is listing your home to the market – the market will decide what they will pay, not the realtor. Instead you may be talked into doing the work yourself or lowering your price – not always an option.
Remember that an investor is a buyer – you will not be paying them to list your property, they will be purchasing it from you or taking over the payments until a buyer is ready to purchase. You will not pay commission fees and other usual closing costs – you just sell your home. Have your home evaluated and find out the process involved – it’s easier than you think!