In certain exigent circumstances, the prompt disposal of one’s abode becomes an imperative matter. It may be the case that time is of the essence, while in other situations, time may not be as critical. If you find yourself constrained by time and wondering about the duration it takes to sell a house with an agent versus an investor, then this discourse shall provide you with the necessary perspicacity.
It is plausible that you are keen to sell your domicile and require prompt action. It is likely that you arrived at this article because you are searching for the ideal solution that not only sells your residence as expeditiously as you desire but also aligns with your particular needs.
Prior to delving into the answer to your query, it is crucial to apprehend the distinction between the undertakings of an agent and an investor.
When you engage the services of an agent to vend your house, you endow the agent with the responsibility of representing you in the transaction and procuring a buyer for your property. In other words, you sell your property THROUGH the agent to the buyer.
On the contrary, when you elect to sell your abode to an investor, you are dealing directly with the entity that is purchasing the property. In simpler terms, you are selling your property TO the investor who is the buyer.
Now that you have a comprehensive understanding of the divergence between these two options, let us delve into the timeframe involved in each scenario.
How Long Does It Take To Sell My House With An Agent Vs An Investor?
The Agent…
The utilization of an agent’s services necessitates the exhibition of your domicile to potential purchasers in order to persuade them to make a purchase. Consequently, your abode must be in pristine condition to appeal to potential buyers. However, prior to enlisting the services of an agent, a few weeks or even months may be expended to bring your residence up to the standards that are required. Following that, it may take several months for an agent to identify a suitable buyer for your domicile, and then additional time for the purchaser to make an offer, with the average process taking anywhere from three to six months, and sometimes up to twelve months. It is important to consider that a buyer who may have been qualified for financing could potentially withdraw from the transaction, leaving the process to begin anew. Therefore, selling a property through an agent can be a prolonged process that is heavily contingent on the prompt execution of property refurbishment and the discovery of a dependable buyer.
How Long Does It Take To Sell My House With An Agent Vs An Investor?
The Investor…
It is indeed an epiphany for many individuals that an investor can procure their abode with great swiftness, some investors even manage to do so in just 7-10 days if that is what the homeowner desires. This is primarily because the investor is also the purchaser, thus, there is no need for any showings or inspections, and a considerable number of investors, such as ourselves here at 123SoldCash.com - Phone: 786-904-1444, purchase properties in any condition, obviating the necessity for any refurbishment or repairs.
Therefore, the decision of whether to sell one’s property through an agent or an investor rests with the homeowner. While selling to an agent is a more conventional and drawn-out process, vending the property to an investor is markedly quicker. Hence, if promptness is a crucial factor for the homeowner, then it would be wise to contemplate selling to an investor.