If you want to, or need to, sell your house, your first thought will probably be to contact a local realtor. This is a good idea if you have time on your side. Selling a house through a realtor will result in the best price, but it is time-consuming, and costs more than you might realize at first. If you think “I want to sell my house fast in Connecticut,” consider selling it directly to an investor.
There are several advantages of selling your house to a property investor.
Speed
Although listing a house with a realtor may result in a marginally better price, it takes time. Even though realtors market houses through advertising and open houses, it still can take several months to get a responsible offer.
Even when you do get an acceptable offer, the buyer will usually need to qualify for a mortgage. This process adds more time. At this stage, the deal may fall through due to buyer credit issues.
In a situation where you need to sell your house fast, a property investor can present you with a firm offer within a day. If you agree to sell the house, you can see your money within a week.
No Commission Fees
Although a realtor can get you more for your house, the service does not come free. When you list with a realtor, you will pay a commission based on an agreed percentage of the ultimate selling price. The commission is usually six percent.
To avoid paying commission, homeowners often go the DIY route. Selling a house is complicated. You will have to undertake in-depth market research, develop your marketing strategy, and deal with a mountain of intimidating paperwork.
When you deal with an investor, the deal is made between two parties, the investor, and you. There is no commission or fees involved. On a $200,000 house, you save $12,000.
An investor will assess your house, make a fair cash offer on the spot and close within a week. The process is simple and fast.
