Selling a house has never been a simple task. When selling the house, the property owner is faced with two dilemma to sell the house as soon as possible and to avoid making losses. For this reason sellers normally encounter several problems while they are trying to sell their houses. buyers realize the urgency of the seller and try to force them at selling the property at a low price. If the real estate investor considers the option of using real estate agents to sell their homes, they pay huge fees and commission and this leads to losses.
The first advantage of selling your home directly to a cash buyer is that it helps you save time. It is important to note that selling directly to a cash buyer takes a short time compared to contracting real estate agent. Using the services of a real estate agent can take up to six months before you finally get cash for the property. Normally people who buy houses using real estate agent pay using mortgage loans. Mortgage loans normally take six months to be fully processed, and in some cases they are not approved by the bank. In a situation where the loan is not approved, then the real estate agent starts the whole procedure again by looking for a new buyer. Cash buying takes a short time compared to selling the house using the services of a real estate agent. In a direct sale, no time is needed for the money to mature.
The next advantage of selling to buyer without the services of a real estate agent is that you save a lot of money. There are no commission you need to pay. When using the services of realtor they need an average commission of between six and eight percent of the house value. Apart from the commission, realtor also charges expensive fees for their services. Considering all these costs, selling the property to the cash buyer will help an individual avoid these expenses and therefore save a lot of cash. An individual therefore gets to enjoy the value of their house without sharing the profits with a real estate agent.
The third advantage of selling your house to a cash buyer is that you can sell the property in any condition. Selling the property to a buyer does not need any repairs or house maintenance.
In conclusion, it is important for an individual to consider selling their house to cash buyer instead of using the services of a real estate company due to the benefits explained above.