Selling your home to a real estate investor can be an efficient, simple, and profitable way to sell your Philadelphia property. In our latest post, we’ll discuss how it works, what you can expect, and how to determine if it is the right selling method for you!
When people initially decide to sell a house in Philadelphia, their first thought may not be to find a real estate investor to work with. However, the right investor can save a property owner thousands, in addition to all the time that can potentially be saved. Working with a buyer such as the team at Rapid Home Liquidation will allow you to avoid the traditional selling costs, save you time on the sale, and give you the peace of mind in knowing that once an offer has been accepted, you can consider the house sold. Below are a few things you should know about selling your house to a real estate investor in Philadelphia.
Preparing Your Property
The beauty of working with a direct buyer or property investor is that there is usually very little if any prep work that needs to be done before selling a Philadelphia home. Most buyers will purchase the property as is, saving you the time and effort of getting it ready for a sale. With a listing, it is important the property be kept clean at all times in case of a last minute showing request from a potential buyer. You’ll want to show your home in the best light for everyone who comes to see it. By selling directly, you won’t have to worry about strangers traipsing through your house or keeping the property in showing-ready condition at all times.
One of the major perks about working with a direct buyer when selling your Philadelphia house, is all the cash you’ll be able to save. There aren’t usually any costs when you work with a professional investor. The house is typically purchased as-is, not requiring any repairs or maintenance be done before it is sold. There is no need to clean, stage, or even market the house which can ultimately save thousands.
With a traditional listing, you aren’t free of the costs even after a buyer has been found. After the appraisal and inspection, you might be faced with even more repairs. When the property eventually closes, there are commissions, agent fees, and many other costs that must be paid. When you choose a direct sale, commissions and agent costs go out the door. You’ll be able to keep more money in your pocket when all is said and done.
When you work with a direct buyer, the amount of time saved can sometimes be shocking. It is not uncommon for houses to stay on the MLS for months at a time. However, with a direct sale, the process is usually completed in only a matter of days. We make things easy and efficient so you can sell your house quickly and move on.
A fast sale helps you to avoid any more holding costs for the property. Instead of officially selling your house months down the road, selling right away saves you money on your property taxes, homeowners insurance, utility bills each month, and regular, routine maintenance.
Not All Buyers Are The Same
When discussing direct buyers and real estate investors in Philadelphia, it’s important to note that not all of them are the same. The points above are true for the team at Rapid Home Liquidation, however, if you choose to work with another buyer, make sure you find out how their process works. Some buyers may require repairs be made, that you pay for the closing costs, or that you wait to close until they have found a new buyer for your home within their network. Before selling, make sure you are asking all of the right questions so you know what to expect. When working with any company, you’ll receive a fast closing and an excellent price.
Investors Aren’t Bad Guys
We simply have a passion for real estate and make our living fixing up properties in the neighborhoods and towns we love most. It’s not about making the highest profit possible. It’s about helping local homeowners while restoring and revitalizing the Philadelphia area. The common misconception is that a real estate investor will only be out for themselves. However, once you get in touch with Rapid Home Liquidation, you’ll quickly find that’s not the case with us. We love real estate and we love the Philadelphia area. But above all else, we love the people who live in the area, and we want to do all we can to help!
Some Investment Companies Are Reasonable
Look, we get it. There are a lot of sharks out there in the business world today who will simply take advantage of people who are down on their luck. We are not one of those types of companies. We have a cash back loyalty rewards program where we will actually donate a portion of the profits that we have earned after the sale back to the family who has sold us the home as a token of appreciation to show them how much them choosing to work with us means to us. We realize that there are hundreds of other investors out there who you could call up and sell your house to, so when you choose to deal directly with us we really take that as a compliment and a huge vote of confidence.
Investors Can Close Fast
One of the major reasons that most homeowners end up choosing to sell their home to a real estate investor is because investors are able to close much faster than listing your home with an agent. Sellers who list their properties with a real estate agent can expect to wait around for months while the home sits on the market and the offers come in. If you are looking to speed up this time-frame and make it a fast cash transaction then you need someone who can close fast. That person is a real estate investor like us here at Rapid Home Liquidation.