Due to the current economic climate, it is no wonder that many individuals have started considering the sale of their homes. Of course, the option of using traditional real estate agencies is there; but this can take time, and many people will lose more money than they earn. Fortunately, there is a method available that is speedy and provides the seller with a reasonable final amount; they are known colloquially as the ‘we buy houses‘ agencies. This article will provide the top reasons as to why you should consider using their services.
1. Speedy Sales Time
The first factor to consider when using a ‘we buy houses’ agency is the speed of the sale. If you are facing foreclosure and the auction date is looming, it would be highly beneficial to sell the residence as quickly as possible. It may be that the house requires repairs or the home is part of a divorce settle; irrespective of the reason for sale, this type of service is typically available to make an offer within 24 hours.
2. No Commission Fee
Unlike real estate agents who require a commission fee, typically ranging between 5-7% of the final selling amount; the house purchasing investors do not require any commission whatsoever. If you are looking to sell a property quickly, it is highly likely that you are willing to lower the asking price so that buyers will place an offer more quickly. A lower asking price by real estate agents is often higher than the typical rate; therefore, the amount for your pocket is less. By using the investors who buy houses, you can make the sale without the need to lower the offer or lose money in the sale.
3. No Need For Repairs
When listing a property with traditional real estate agents, it is required that the home is in excellent condition when placed on the market. To meet the criteria for sale, it is the owner’s obligation to complete any necessary repairs or redecorations. This can be costly, and if you do not have the time to make repairs, you could lose money on the sale (even more than would be lost conventionally). By using the investors who buy houses service, you can make a quick sale without the need to make any repairs to the property or redecorate in any way. This particular service purchases the home as it is in its present appearance.