If you’re thinking about selling a property, 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 Minneapolis St Paul…
When thinking about selling your Minneapolis St Paul house, you have a number of options to consider. You could go the traditional route of hiring a real estate agent to list your house on the MLS (Multiple Listing Service). An advantage of having an agent, is they would come out and giving your advice on what you should be doing to prepping your house to be sold. They would suggest repairs, staging, maybe repainting rooms. Then they would take pictures and set up all the marketing material. They would march home traditional buyers threw your home at all hours of the day and night. For sure they are good at that, and a good agent will sell your home. 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…
We are going to discuss the who your should work with an investor or a real estate agent to sell your Minneapolis St Paul property. You might be surprised by the one many chose to use! check it out!
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Minneapolis St Paul: Speed
In order to sell to a traditional buyer, that buyer has to be found by the agent… Real Estate Agents know today that traditional buys are pickier then they have ever been. They expect a house that is in really good shape and the agent will encourage you to do the repairs and prepping to make your house its best. This can take 1 to 3 months depending if contractors need to come in. Then they list it and if everything goes right they find a buyer, which is a process that can take months. 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 a week or two (it varies, depending on the investor). Since they are professional house buyers, and there’s no searching for a buyer… you already know who they are so you can sit down and figure our the best deal for both of you. The whole process helps you sell quickly!
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 threw a traditional agent. This can save you hundreds or even thousands of dollars in ongoing bills. That can be a true advantage of selling to an investor over a traditional buyer in Minneapolis St Paul metro area.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Minneapolis St Paul: No Repairs
Not every house is in pristine condition. That’s okay, it happens. 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. 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 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.
Some cities including Minneapolis St Paul require a TISH Inspection (Truth In Sale Housing) where an inspector will need to come threw your home before you sell it and write down everything that is wrong with your home. Some items they consider haphazardness and you are required by law to fix those before the you list your home for sale. We at Minnesota Cash Home Buyers have a way of buying your home and we take over all the repairs. You are still required to do the report but we will inherit the issues and do all the repairs after we close. Like we said earlier, professional home buyers make it easy for your to sell.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Minneapolis St Paul: 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. Even when you get an offer that your accept they have an inspection period where they find all the problems and ask for another reduction in the price because of them. But the advantage when you sell to an we buy houses 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.