It’s interesting to us that we’ve ended up as real estate investors, considering there was a point in time when we had no idea this was even an option. The reality is, not many people do. Yes, we had seen the signs on the corner of the street touting ‘I Buy Homes For Cash!’ and ‘Sell Your House Fast!’, but we just never really paid much attention….to be very honest, they always seemed a little mysterious, and they were just one of those things where you wonder if it’s legit. Since those days, we’ve learned the answer to that question (legit!) and a lot more about what options make the most sense for homeowners in any situation. Our goal is always to help our partners figure out what the best solution is for their specific situation and the goals they want to achieve. For many people, this may be the traditional route of working with a real estate agent, but for many others the ease and transparency of working with an investor to sell their home can provide a simpler, quicker way to get homeowners on to their next phase of life.
When to list with an agent:
The goal of a real estate agent is to market your house at its best to sell it for the highest possible selling price.
Realtors bring a lot to the table in terms of expertise. They know how to sell houses. Realtors have access to great marketing resources as well as a variety of methods to get your house sold at a good price. They will be able to give you a realistic perspective on selling prices (because they don’t have emotional attachment to the property like you do.)
Another plus to working with a realtor is that they will negotiate for you. They know how to persuade and finagle offers to get you in the best financial situation possible. Realtors will also plan all your showing and open houses—just another thing you won’t have to deal with as the seller. They will connect you to their network of professionals and will help guide you through the closing. Overall, working with a realtor will help you stay on target financially and chronologically through the home selling process. But, of course, you’re paying for it.
If working with an agent sounds appealing to you, you probably want to start getting opinions from friends and family of the best realtors to work with here in Louisville, Kentucky.
When to sell to an investor:
The goal of an investor is to have a win-win situation. Yes, they want to make a profit, but they also want to make sure you get what you want and need. Investors won’t buy just any property. They will buy properties on which they can make a profit. Usually this includes situations where the seller is in some sort of financial distress or urgency. The benefit to working with an investor is that they will buy your home as-is with cash. Working with investors is also a quick process and very hassle-free. Closing can often come within a week or two of the offer if desired. This not only relieves the seller of the burden of repairing and updating the property and the burden of having the property sitting on the market for months and months, but it also relieves the burden of closing costs and realtor fees on the seller.
Working with an investor is not for everyone, but it is a huge relief to those who need the convenient and quick house sale.
Listing with an agent and working with an investor both have their perks, but you must decide which option is best for you and your home selling situation. Below is a table that will help you decide which option is best for you.
|List with an agent||Work with an investor|