Should I List With an Agent or Sell to a Home Investor?

If you need to quickly settle an estate, split marital assets in a divorce, or relocate out of state swiftly for a new job, you can’t always afford to wait around for the standard 47-50 day — or longer — closing window. Home investors are much more willing to work with you and your timeline than traditional homebuyers — and can complete the entire sales process in a matter of days.

When deciding whether an investor might be interested in your home, keep the following in mind:

• Buy-and-hold investors are looking for single-family homes or condos in up-and-coming neighborhoods to rent out.
• Flippers want a deal on an “as is” property, often single-family homes, that they can renovate and sell quickly for a profit.
• iBuyers want a home in good condition typically valued within $200,000 to $500,000.

Depending on your market, multiple types of investors might be interested. Minteer says that “the majority of the properties that we see go the direction of an investor sale are the ones that need more love.”

Of course you want to make money selling your home, but you also have to consider the cost of preparing the house for market, as well as the repairs a potential buyer might ask for after the home inspection process. The costs can be steep, with a recent survey finding that the average cost of selling a house (including agent fees and closing costs) is $21,000. A bad roof, faulty plumbing and HVAC issues can run up to $10,000 each in repairs alone.

As you compare an estimation of what you could fetch on the open market against a cash offer, you should calculate your estimated net proceeds rather than compare offers at face value.

If you’ve already got your eyes on a new property and need the proceeds from the sale of your house to take the next step, then a cash sale liquifies your assets faster. Investors can typically close on the date of your choosing, even if it’s within a few days, and in some cases, they “can provide specialized solutions for each specific seller’s situation. For example, they can release the money to the seller early to help pay for moving expenses if cash is tight,” says real estate investors at Your Florida Home Buyer®.

If you’ve inherited a property that is out of the area, the process of cleaning out the home, staging it for sale, and being present for the closing process might seem like more than you want to take on. In this case, working with a local investor — particularly one who will manage the home cleanout, as well — could be the quick solution you’re looking for.

Yes, but like all things, not all home investors are created equally — and there are some bad apples in the mix.

As we previously mentioned, this is why it’s so important to get multiple quotes, do your research, and have a top real estate agent on your side who can help you evaluate offers and ensure you’re making the right decision for you and your financial future.

We at JC REInvestment Group “Your Florida Home Buyer®” offer a hassle-free solution that allows you to sell your house fast. When you deal with us, we handle all of the paperwork. Plus, we have our funding lined up and ready to go before we even discuss your house. We are professionals and know how to navigate the transaction process with the least amount of hassle or time wasted.