Pros & Cons of Selling Your House to an Investor
Why do so many people sell to an Investor?
Thinking of selling your house or rental property? You do have options! Let’s take a look at the Pros & Cons of selling your house to an Investor, compared to listing it, or putting it up on Zillow.
We’d like you to consider selling your house to an investor. Then again, you may choose to meet with a real estate broker and have him/her work on selling it for you, or you might sell it by placing an advertisement on Zillow.
In the chart below we help you examine the pros and cons of each method. However, we are not labeling anything as a pro or con.
Why don’t we tell you if the situation is a pro or con? – Good question. I’ll answer that. It’s because the situation may be good for some sellers and the exact same situation can be bad for another seller. It really depends on what you need, and what’s best for you.
There are 3 main ways to sell your house. Each with their own pros and cons.
- List it with an agent
- You put an advertisement up on Zillow
- Directly sell it to a real estate Investor (Like Grateful Nuts Homes!)
All three options are great in certain situations… and terrible in others.
Learn when to list with an agent, when to sell yourself, and when selling to a real estate investor makes the most sense.
And, learn the costs associated with each option… because you’ll be surprised at what “hidden costs” there are in listing with an agent or selling it yourself that most people never even think about until it’s too late.
|Sell to an Investor||List with a Realtor||Sell on Zillow|
|When do you want to close?||Sell on the exact date you want.||Final sale date is way in the future with an unknown closing date||Depends on who your ultimate buyer is.|
|People going through your house||Just one time—the ultimate buyer, your investor.||Potential buyers who were vetted by the real estate agent. The parade can be long.||Anybody and everybody! They even show-up without a phone call!|
|Inspections||The Investor will normally do a once through, or sometimes his/her contractor comes too.||Inspections can include structural inspection, electrical inspection, plumbing inspection, dry-rot inspection, insect inspection, roof inspection, mold inspection, and asbestos inspection are the most common inspections.||Who knows what inspections the potential buyer will want? It depends on the buyer.|
There’s more! Get the rest of the comparison chart!
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If you need to sell your house quickly… this guide walks you through why real estate agents may end up costing you tens of thousands and still end up not getting your house sold.