If you’re contemplating selling your Chicago house, you’re likely weighing your options on how and to whom. When it comes to selling, you can go the conventional route by teaming up with an agent or attempting to sell independently. However, opting for a real estate investor means selling your house swiftly and directly. Discover the benefits of selling to an investor over a traditional buyer, and learn why this choice can significantly streamline the selling process in Chicago.
Speed
To uncover a traditional buyer, agents typically invest months in the search process. The great news is that you don’t have to endure such a prolonged wait. Selling to an investor over a traditional buyer not only accelerates the closing process, often wrapping up within just one to two weeks (though the timeframe may vary), but also offers distinct advantages. Since investors are ready buyers, there’s no need for an extensive search; you already have a clear idea of who they are, facilitating a speedy sale.
One notable advantage is that you won’t be saddled with bills and taxes on the property while awaiting a buyer. This can lead to substantial savings, potentially reaching hundreds or even thousands of dollars in ongoing expenses, making selling to an investor a financially savvy choice.
No Repairs
Not every home is in perfect shape, and that’s totally fine—it happens. However, if you decide to sell to a regular buyer, you might find yourself shelling out cash from your own pocket to spruce up and tidy the place before they even consider making an offer. On the flip side, most investors are cool with buying homes as they are. This means you can save both money and time (not to mention the hassle!) by bypassing the need for repairs and cleaning.
And here’s the bonus: if the fixes needed are pretty major, you won’t even have to go through the headache of hiring a contractor. Sure, the investor might ask for a slight discount on the selling price because they’re taking care of the repairs instead of you. But think of it as a small fee for the convenience of selling swiftly and without all the headaches.
No Guessing
Selling your house poses a significant challenge, and one major issue stands out: when dealing with a traditional buyer, you’re left with uncertainty, crossing your fingers that they’ll agree to your home’s asking price. The waiting game can be nerve-wracking, and if negotiations lead to a lower offer after months of anticipation, it’s far from ideal. On the flip side, opting to sell to an investor offers a clear advantage – you immediately know the exact amount the investor is willing to pay. While you’re not obligated to accept their offer, it serves as a valuable starting point, aiding you in making informed decisions about your next steps.
Exploring the various methods of selling your house reveals numerous options. Selling to an investor may not be the perfect fit for everyone, but it could be the right choice for you, providing a straightforward and decisive path forward.