If you are thinking about selling your home chances are you will be selling it by yourself, through a realtor, or with the help of an investor.
These are some of the most common ways houses are sold. If you would like to know the 3 ways to tell real estate agents and investors apart in Houston, read this blog post.
It will help you to understand why you would want to use an agent versus an investor.
Wondering if right now is the time to sell your home? Chances are you have been bombarded with people trying to offer you help with selling your home.
But not all the offers you get for help will be the same. Some real estate agents are investors and they will approach you differently from other traditional agents.
Real estate agents who are investors tend to give you more options for selling your home, which isn’t a bad thing.
Here are 3 ways to tell real estate agents and investors apart in Houston and surrounding areas.
Ways To Tell Real Estate Agents And Investors Apart In Houston: Listing VS Buying
The simplest way to tell agents from investors is to ask what they are going to do with your house. Are they going to list or buy it?
A real estate agent will list your house on the MLS and advertise it to attract buyers.
The agent would normally schedule showings to get a potential buyer.
An investor isn’t going to list your home for sale, so you don’t have to deal with the inconvenience of multiple showings.
An investor is a buyer and they will buy your house from you directly. (That’s what we do at Sell Your Homes Houston – we’re buyers and we buy houses in Houston. If you want to sell your house, click here and enter your information to find out how much we can pay).
Ways To Tell Real Estate Agents And Investors Apart In Houston: Selling Timeline
The next way to tell an agent apart from an investor is to ask about their timeline to buy. An agent won’t know because they have to find the buyer first. In many cases, they might be looking at 3-12 months during which they’ll show the house to multiple potential buyers.
An investor, though, will know exactly how long it will take to buy your house since they’re the ones who will buy it. They will have an exact timeline (which could depend on you and how quickly you want to sell).
Ways To Tell Real Estate Agents And Investors Apart In Houston: Commission Versus No Commission
Understanding this is very important! A real estate agent makes their money when they find a buyer for your property and close on the transaction.
After the transaction has ended you pay the agent a commission for selling your home. This could be somewhere around 6% of the sale price… or $6,000 on a $100,000 house).
An investor, however, isn’t listing your house so there aren’t any commissions to be paid.
That’s because an investor will make money by either renting the house to a tenant or fixing up the house and selling it. Therefore, the investor makes a profit in a different way.
There are other ways to tell an agent or investor apart. The best thing to do is just ask… they’ll tell you!
Conclusion
There similarities between working with an agent and selling your home to an investor. If you would like to know the differences between the two, this blog will help you to decide who to work with.
ARE YOU SURE YOU WANT TO WORK WITH A REALTOR?