Are you thinking of doing a sell house by owner? It may be tempted to sell your home on your own, but there are numerous challenges. There are also better options out there, such as selling to a real estate investment company. First, let’s discuss what the challenges are.
Are you prepared to negotiate and speak with many people when you sell your own house? If not, then you should be. Some of the people you will likely negotiate with include the buyer, who will want to get the best price possible. You’ll also have to deal with the buyer’s real estate agent and in some regions, you may have to speak with the buyer’s attorney. Home inspection companies that work for the buyers will also be speaking with you and you may have to negotiate with your bank (if it’s a short sale) and an appraiser.
Another major hurdle is marketing your property. Putting up a ‘for sale’ sign is only going to get you so far. Sure, using a real estate portal to advertise your site will get you some results, but professional agents usually have professional marketing strategies in place. If you don’t know how to market your property, then you won’t gain much exposure for it. Marketing a home takes a lot of hard work and even after you do the hard work, you may not get any results.
Finally, there’s a lot of paperwork involved. You may have found a buyer, but when you’re faced with the paperwork, it can easily discourage you. It may also lead to you needing an attorney, which is not cheap. There may be something in the contract you don’t understand and something could come back and bite you in the future if you’re not careful.
In short, the main challenges are:
- Negotiate with many people
- Marketing your house is difficult
- A lot of paperwork involved
There are many other challenges. Those are just some of the top ones.
Sell To A Real Estate Investor
Selling your home to a real estate investor is the better option. There are many reasons why, with one being you can sell your home fast. Best of all, you won’t have to do any marketing, no advertising your property online, no dealing with attorneys or anything of that nature. You simply contact a real estate investor, such as Arcane Properties, and request a quote. They will perform an inspection in a timely manner and they will make you an offer. It’s as easy as that.
When dealing with prospective buyers, then they care about the condition of the home. When dealing with an investor, your home’s condition is not relevant. Your home can be in horrible shape, but a real estate investment company will still buy it. You might be surprised at how many ugly houses these companies buy. You can still receive a lot of money for your ugly home. If your home is in good condition, then you’ll probably be offered more money, but you’ll be surprised at how much money you can get for your home, if it is in bad condition.
Finally, there’s no waiting around for weeks and months on end to get your money. If you accept the deal presented to you by a real estate investment company, then you’ll receive cash virtually right away. You’ll get cash within a week or two, sometimes sooner. It is a lot quicker to get money for your home via a real estate investor than it is when you sell your property on your own. If you are in need of money and you want to get rid of your home as fast as you can, then use a real estate investor such as Arcane Properties.
In short, the main benefits of using a real estate investor are:
- Sell home quickly
- Condition of home doesn’t matter
- Get the money you need fast
Should you sell your home by owner or should you sell to a real estate investor? The choice is up to you, but if you want to sell your house fast and not deal with any stress or headaches, then you know what option you should choose.