1. 6% Real Commissions
When selling your home through a realtor, you typically have to pay a commission fee of around 6% of the sale price. However, when dealing with an investor, you can avoid this cost altogether.
2. No Repairs Needed
Investors often have a pool of buyers who are willing to purchase homes in as-is condition. This means you don’t have to worry about making any repairs or renovations before selling your home.
3. Fast Fair Cash Offer
Investors can provide you with a cash offer for your home, allowing for a quick closing. Whether you need to sell your house within 21 days or if you require more time, investors can accommodate your timeline.
4. No Inspection Clause
Unlike when listing with a realtor, investors typically do not include an inspection clause in their offers. This means that even if your house doesn’t pass an inspection, the deal won’t fall through, as investors are often willing to buy the property as-is.
5. No Financing Contingencies
When selling through a realtor, there is always a risk that the buyer’s financing may fall through at the last minute, causing the deal to collapse. With investors, you don’t have to worry about financing contingencies since they use their own cash to purchase properties.
6. Faster Payment
In the Pittsburgh market, it can take anywhere from 85 to 100 days to receive payment for your home when selling through traditional methods. However, investors can typically provide payment within 21 days or less, allowing you to access your funds much faster.
These reasons highlight the advantages of selling your home through an investor rather than listing it with a realtor. It’s important to consider these factors when deciding on the best approach to sell your property.