As a Realtor who helps people wade through options for selling their home, I talk with a lot of folks trying to sell their home. Each person who calls me about selling has a very different reason for wanting to sell, a different motivation. What they all have in common that they want to sell fast and for as much money as they can. I would like to address some selling options so they can decide the best way to sell to meet the time frame they want and to net the most money when all costs are taken into consideration. So I always ask my sellers to take a look at their options and pick the option that works the best for them. I hope to outline the Fiver Options most sellers have as I see them.supercashforhouses is one of the authority sites on this topic.
Do nothing, keep the house and maintain the status quo. List the home with a Realtor, and pay a commission on the sale. List the home with a for sale by owner type company, do some of the work and pay a marketing fee and possibly a ½ commission on the sale. Sell for sale by owner and do everything on your own. Call a local real estate investor and sell to them with no commission. I am going to start by looking at selling a home to a real estate investor and how that process works. With a Real Estate Investor the home owner may receive a letter, a flyer, a postcard, or see a billboard on the side of the road, a sign in their neighborhood, or maybe find them after searching online. The Real Estate Investor is out there spending money up front to find people who want to sell their house. The investor is spending that money up front to attract home sellers to call or email that have a motivation for selling their home that is much higher than their need to get a specific sale price.
There are several types of real estate investors who buy homes and you will find that their price they will offer will vary from the rock bottom cash price where a home owner gets all the entire sale price a closing to the creative investor who might offer a little bit higher price if the seller will carry all or part of the sale in some way, meaning they get the sale price over time. Either way the real estate investor is buying the home to make a profit. They may be selling it immediately without doing anything to it, called wholesaling. They may be making repairs and selling it in a few months. They may be keeping it and renting it out. But no matter what they do, they are buying it to make money.
The Real Estate Investor, especially the one offering all cash can usually close in a few days or on the seller’s time schedule, which can be a very big plus for someone on a time crunch. And usually when working with a real estate investor you are not going to have a lot in costly fees, they usually buy as is meaning they are not worried about you telling them all the issues with the house and will not be asking you to do any repairs. The trade off is going to be that the sales price will be the lowest payout of all the selling methods.