3 Benefits of Selling To an Investor over a Traditional Buyer in Toronto

 Are you thinking about selling your home? Maybe you are searching for multiple options, including how are you going to sell your house and who should you sell to. In this blog, we will highlight some of the most important benefits of selling your home to a real estate investor as compared to a traditional buyer in Toronto.

Nowadays there are several options than ever when trying to sell your house. You can go to the traditional buyer who will list your house on the MLS – Multiple Listing Service and try to find a purchaser. Another choice would be going to the FSBO – For Sale By Owner. In FSBO - For Sale By Owner method you advertise the property by yourself and try to find the potential purchaser. Another substitute that is becoming very popular is working with a real estate investor who will directly purchase your property. Let us discuss some of the major benefits of selling your home to an investor.

BENEFITS OF SELLING YOUR HOUSE IN TORONTO TO A REAL ESTATE INVESTOR OVER A TRADITIONAL BUYER: 

1. SPEED:

When taking the traditional buyer way, there are a lot of steps included:

Ø Cleaning and making the repairs essential to list the house

Ø Waiting for your real estate agent or another agent to find a potential buyer

Ø Having ample of individuals walk through your house, and then with a bit of luck, one of those potential purchasers place in an offer that might or might not be suitable.

On the contrary, with a real estate agent, you can prevent long procedures. When you sell your house to a real estate investor, they could make you an offer in as minimum time as possible and close as fast as possible – often as quickly as a week or two max. Always keep in mind, a fast closing means you do not have to pay bills, property taxes, mortgages for those additional months while a realtor would be looking for a purchaser and extra waiting on them to close the deal in a maximum of ninety days.

2. NO REPAIRS:

Not every home in Toronto is in tip-top condition. Unluckily, realtors and traditional purchasers are often very scared away by this, whereas a real estate investor is not dissuaded by required repairs. Realtors often just won’t list your house until you make the important repairs, cleans the whole house, and significantly make it look like it must be in a showroom! This could mean pricey and time-consuming repairs disbursed right of your wallet. On the contrary, most real estate investors purchase homes in even-as condition, which means you can save cash and time both and possibly headaches from working with contractors. Leave the repairing and cleaning for the real estate investor to take good care of.

3. NO GUESSING:

This is probably the most irritating factor of selling your house in the traditional way, the continuous guessing.

Ø How long will it take for my home to sell?

Ø What offer will I get?

Ø How fast can the purchaser close?

Ø Will the offer be conditional on the purchaser qualifying for a mortgage?

But when you work with a real estate investor, they can make an offer within just hours and you would often get the closing date of your choice. You do not have to accept their offer but at least you won’t be waiting and guessing and waiting.

Selling your home to a real estate investor might not be the perfect choice for everybody but always remember that there is no harm in getting an offer and it might just exactly be what you wanted.

List with confidence is here to help you with any queries or concerns you might have regarding the choice ahead. Get in touch with us now to learn everything about a direct sale versus hiring a real estate agent when selling your home in Ontario. 
Location: Greater Toronto Area, ON, Canada

Comments

Post a Comment

Popular posts from this blog

10 Tips for Selling a Condo Fast

  1. KNOW CONDO ASSOCIATION NEEDS: Often, condos are directed by home proprietors – condo associations. When it comes to advertising and selling, every association has its regulation, often including who you could and cannot sell to. Check with the homeowner's association first, as purchasers might have a possibility in the agreement enabling them to back out over homeowner's association regulations. Save time and annoyance by studying the regulation and being open with possible purchasers regarding any association pros and cons. 2. SELL AT THE CORRECT TIME: Houses tend to sell quicker in the summer and spring seasons, but condos do not always follow this outline. Families tend to purchase houses in the springtime when restrain appeal is high and move in the summer season so as not to disturb the school year. But condo purchasers tend to be solitary, or newlywed, so school schedules are not a problem. Also, a lot of condos do not have yards, making cyclic landing a non-pr...
Read more

14 Benefits of Accepting a Cash Offer on Your House

  14 BENEFITS OF ACCEPTING A CASH OFFER ON YOUR HOUSE: Cash house sales vary from customary house sales in a few methods. Let us dive deep into these 14 major points. 1. NO EVALUATION: Through a cash house sale, no evaluation is important. In most customary house sales, the purchaser functions with a mortgage lender. To lessen their monetary risks in case the house purchaser excludes in the future the lender requires deciding that the home they are being asked to invest is worth at least the loan amount. In most cases, an evaluation is utilized to decide the value of the house. If an evaluation comes in low, the mortgage lender might determine they are not interested to invest in the house sale. This is a major cause of house sales dropping by. A cash home sale takes the evaluation out of the procedure. Because there is no mortgage lender involved, nobody needs an evaluation, eradicating a big hurdle from the house selling procedure. 2. QUICK CLOSING: Another differen...
Read more

How to Make a Winning Offer in a Competitive Real Estate Market‍

 1. MAKE YOUR FINEST OFFER FIRST: When you know you have found the one, it is time to move on. However, buying a home is a huge choice that must be weighed cautiously; if you know this is the house for you, don’t get confused. In a competitive real estate market , it is likely other purchasers are only as interested as you are. Submitting the initial bid could assist you to stand out in the mind of the seller and would often set the tone for other offers? If it is the house you do not need to miss out on, make a firm offer from the beginning. Do not underbid with the expectation that there is a space for negotiation. In a cutthroat market, you must come in as close to the asking cost as possible or even a bit above. If you come in under, you might risk begin rejected, particularly if there are already the finest offers on the closing table.  Setting an expiry date for your offer could as well assist push things ahead. If you submit a stellar offer with a short expiry, the sel...
Read more