When selling property, homeowners face two traditional selling options: sell a house to a cash home buyer or sell the property utilizing a licensed realtor. Depending upon your home selling needs, either option can be suitable. Regardless of the decided home-selling method, conducting thorough research on the realtor or cash buyer is essential; only some professionals in the real estate industry are equivalent and can produce the most appropriate results. Compare your options and see how each route can benefit you. There are substantial advantages to selling with an agent, but it comes with many time-consuming stipulations.

Reasons Individuals are Forced to Sell Property

Life can be unpredictable, and we live our lives based on the terms we are dealt. A property owner may be forced to sell the home they love for many reasons, including their finances, ability to manage and move freely around the house, or personal situations. Each property seller has a different time frame in which they need to sell the house; some individuals/families need a quick sale, usually within a week or two, while other homeowners can wait multiple months to complete their property sale. Some homeowners have the funds to satisfy home renovations to receive the most money on their house sale, while others need to sell their homes as-is because they cannot afford costly repairs. Below are some reasons why a homeowner may need to sell their house:

-  Some homeowners simply need help to afford costly/extensive repairs.
-  A homeowner misses mortgage payments and faces pre-foreclosure.
-  The individual or family relocates for employment or personal issues.
-  Desire to live in a neighborhood with more resources.

Sell a House with an Agent

The most common way to sell a house is to use a licensed realtor, which comes with many benefits but could be time-consuming and expensive. Selling a house with a real estate agent usually requires repairs/renovations to get the property to specific standards; these house repairs can sometimes be challenging and not even worth the hassle. Listing a house on the market is a long process that requires months. The buyer isn’t always guaranteed because of factors such as getting financing and passing home inspections. 

Using a realtor can help you receive the most profit on a home sale, but the requirements can be complicated for some homeowners. If you’re a homeowner who doesn’t have the resources to make necessary repairs or a fast off-market sale is desired, consider using a cash home buyer when selling your home.

Using a Home Investor

There is a trending method of selling your house directly to a cash buyer; this route allows the homeowner to have total control over the transition, allowing the seller to market the property to qualified buyers. Selling your property to a home investor eliminates the requirements of property repairs, inspections, and even showings. When a home seller uses a cash house buyer like Sell My Home Fast Philadelphia, these companies typically charge no realtor commissions or other real estate fees, and most of the time, cash buyers cover all the closing costs. There is no need to wait multiple months for the sale; home investors usually close within two weeks. Using a cash buyer is basic: discuss sales prices with the buyer, sign a brief two-page sale agreement, forward the documents to a reputable title company or lawyer, and close on the property within two weeks.

-  Sellers are responsible for no real estate fees or agent commissions.
-  No repairs, cleanouts, inspections, or property walkthroughs/showings exist.
-  There’s no marketing cost to using Google to locate buyers.
-  An investor provides a speedy sale, usually within a week or two.
-  Simple transaction; let the title company/lawyer do all the difficult work!

Advantages of Options

Having options in life is refreshing, allowing individuals to decide on the most suitable option. The real estate industry is the same; one home-selling choice might be appropriate for a particular seller but not for every property owner. Homeowners are forced to sell for numerous reasons; some desire a swift sale, while others can follow the time-consuming standard process that will produce the most return on investment. Potential sellers must weigh the possibilities of using an agent or selling directly to an investor and discuss their options with a friend or loved one to see the best fit. Interview multiple sources to determine who can assist you the best. Only some agents or investors are equivalent; the knowledge and experience level may vary. Also, some companies may offer different benefits, so it’s crucial to conduct thorough research and take time to make this large life-changing decision.