If you are thinking about selling your property to a local “we buy houses” because you have realized the many advantages it offers you’ll also want to be sure to consider some of the disadvantages that comes along with selling your home to a professional home buying company. This post will walk you through some of the disadvantages of selling to an investor and some typical indications that your property may not be the right fit for an investor buyer.
Disadvantage Of Selling To An Investor Over A Traditional Buyer
You have a lot of options when it comes to selling. You might sell through an agent to a traditional buyer, or you might consider selling your house directly to a real estate investor.
First you will want to consider the overall condition of your property. If your property is in absolute perfect condition and has been fully remodeled with everything up to current style then a local investor is not likely going to be your buyer.
There are advantages and disadvantages to both. But if you’re thinking of selling to an investor, here’s the one key disadvantage of selling to an investor over a traditional buyer in Chicago that you should be aware of:
When you sell through an agent, the agent usually has to pass an exam and get certified in order to be an agent. And they have to usually pay money to different organizations (such as a brokerage and/or a licensing board – it varies from one state to the next).
On the other hand, anyone can be an investor without any formal training or certifications. Someone can just say they’re an investor and they’re an investor… without any additional training. This can be a disadvantage to house sellers like you who might be looking for help in your situation but you end up working with an investor who has no experience.
Of course, there are plenty of investors with the skills, knowledge and experience to help you in your specific situation. However, it is important to be aware the there is a lower barrier to entry for real estate investors as since there is no qualification process so you’ll want to be sure the investor you choose to work with is someone who can clearly demonstrate their experience with particular knowledge of your situation in a brief initial phone call.
Here’s How To Find A Great Investor To Sell To
Start by looking for the investor’s website. Do they have one? What information is on there? Are they helpful? Do they give you lots of information? Do they have testimonials or case studies that demonstrate their experience?
Then, call their office and talk to them. Are they respectful of your time? Do they sound like they know what they’re talking about? Are they helpful? Ask them about their process and how they work with you. They shouldn’t be pushy and should offer no-obligation offers to you.
You can learn a lot about an investor with just these two steps. While anyone can be an investor, there are many great real estate investors out there who have your best interests at heart and who will work hard to help you.
Consider our company, for example: you are welcome to click around our site and learn more about us. We are an open book and always happy to help. Feel free to get in touch with us to ask our team questions before you decide.
When it comes down to selling your house through an agent or to an investor, selling to an investor is faster and easier… as long as you find the right investor! We’re happy to talk to you before you make any decision! We want to get to know you and earn the right to buy your house.