Selling your home in Orlando FL can be a nerve-wracking process, so it’s always a good idea to look outside the box for solutions that help you. You may have heard stories of real estate buyers being a great help, but also fantastic investor stories. If you’re unsure which to go with, read on and let us help you decide!
Pros: Working With An Investor
Selling with an investor means that you don’t have to worry about property showings and real estate agents demanding perfection from your home. You don’t have to be concerned and stressed just waiting by the phone all hours of the day for someone to book a showing.
Investors have done this time and time again and can help you through the process. You won’t need to haggle over buyers trying to bring your price down, you won’t have to shell out for renovation costs or commission fees, and you don’t have to wait for months to get an offer.
Cons: Working With An Investor
The main downside to working with an investor is that you might not get the full market value of your property. Real estate allows you to bargain and haggle, whereas an investor is likely to simply offer a cash price without informing you what they’ll be doing with your property.
Another downside is that you’re putting your trust in an investor. While The Local House Buyers are open about their identities, there isn’t a legal requirement to tell you who is purchasing your Orlando property, so you may feel uncomfortable without the reassurance that your investor isn’t looking to tear down your home and build new apartments.
Pros: Working With A Real Estate Agent
Real estate agents in Orlando FL are well educated and experienced in the retail home market and will be able to walk you through the process easily. The agent takes care of all the price negotiations, and you might even get closer to the market value of your home.
Agents often know where the best buyers are for your type of property as well, so as soon as you’re ready and hire them, they’ll be able to put that experience to the test and market your property to the appropriate audience.
Cons: Working With A Real Estate Agent
Working with real estate agents means that you’ll have to pay the agents commission fees, along with paying to renovate or repair your home to make it eligible for the retail market. You have to be strict with cleaning and staging your home in preparation for a house showing as you don’t know when someone may book one.
There’s also the chance that you’ll be waiting in the dark for a while. An agent has to find buyers before most things can progress further, and this can take up to months of waiting. In the meantime, you’ll still have to pay your regular bills and taxes while the house is being shown.
What’s Best For You?
Everyone who sells their Orlando home will have a different approach to it depending on what suits them. If you don’t mind spending more money to have an expert sell your home, a real estate agent might suit you best. You’ll also be more likely to know what the buyer will be doing with the property, though that isn’t a guarantee.
However, if you’re in a difficult situation and need to downsize quickly, you may be unable to afford a real estate agent or your current bills. Selling with an investor can help you get the cash you need quickly without having to spend more on repairs and getting the property ready for the retail market.
Conclusion
Both investors and real estate agents have their pros and cons, but ultimately it comes down to what you need when selling your Orlando home as opposed to what’s best overall. While a real estate agent has more experience and can find buyers who’ll likely use your house as a home, an investor can give you the cash you need to help you on your way and you won’t have to worry about any extra costs along the way.