Sometimes you need to sell your house as quickly as possible. It doesn’t always make a difference. If you’re pressed for time and wondering, “How long does it take to sell my house with an agent versus an investor?” then this blog post will walk you through the process…
You’re looking to sell your Georgia home, and you may be in a hurry to sell it. Most likely, you’ve arrived at this blog post in the hopes of finding the best solution for you, one that will allow you to sell your Atlanta home as quickly as you want it to.
The following is an explanation of the difference between what an agent does and what an investor does before we get to the answer:
When you hire an agent to sell your Atlanta home, you are essentially asking the agent to represent you in the sale and to attempt to find a buyer on your own behalf. In other words, you’re selling to a buyer THROUGH the intermediary of an agent.
When you work with an investor to sell your Atlanta home, you are actually working directly with the person who will be purchasing your home. In other words, you’re selling TO an investor rather than FOR an investor (they are the buyer).
Assuming you understand the distinction, here is an estimate of how long it may take…
In the case of an agent vs. an investor, how long does it take to sell my Atlanta house?
The Agent enlists the assistance of…
An agent is required to show your home to prospective buyers and attempt to persuade them to purchase it. As a result, they’ll want your home to be in immaculate condition, and then they’ll want to find as many potential buyers as they can to show your home to.
As a result, it may take weeks or months for you to make necessary repairs to your home before an agent determines that it is ready to be listed. When your house is listed, it can take months before the agent finds buyers who are interested in seeing it and for one of those buyers to make an offer (on average, it takes 3-6 months… but sometimes it can take up to 12 months for this to happen). And what most people don’t realize is that if the buyer is unable to obtain financing or loses interest in the transaction, they can back out and you will have to start over from the beginning.
Because of this, it may take months to sell your Atlanta home through an agent – it all depends on how quickly you can get your home in “showroom condition,” how quickly they can find a buyer, and whether or not the buyer completes the purchase.
In the case of an agent vs. an investor, how long does it take to sell my Atlanta house?
In what time frame can I expect to sell my Atlanta house to an investor?
Most people are surprised to learn that an investor can purchase your Atlanta home very quickly – some investors can even purchase your Georgia home in as little as 7-10 days if that is what you desire. Due to the fact that the investor is the buyer (and thus there are no showings required), and because many investors (including us here at Georgia Fair Offer) will buy houses in any condition, you won’t have to spend any time or money fixing up the property.
So, should you sell through an agent or sell to a private equity firm or a venture capital firm? That is entirely up to you. If speed is important to you, you may want to consider selling to an investor rather than to a traditional buyer.
When it comes to commissions, what are the differences between commissions paid to agents and those paid to investors? — Commissions to Agents
An agent is a salesperson, and they will make every effort to locate a buyer for your property. In order to accomplish this, they will list your home with a real estate listing service and engage in a variety of marketing initiatives in an attempt to locate a buyer.
As a result, you will be required to pay some fees to the agent. When you hire a real estate agent, their fees typically include a commission if they are successful in selling your home (this is the most money you’ll have to pay, and it’s typically around 6 percent of the sale price of the property, or around $6,000 for a $100,000 home). In addition, there may be additional expenses that you must pay, which may include extra advertising fees or other charges related with selling your home. If you decide to list your home, there may be a cost to the agent’s brokerage, a fee to have a sign placed in front of your home, or a fee to the title company. There could also be a fee to the title company. The list might go on forever. You can inquire with the agent about these and they should be able to provide you with information.
When it comes to commissions, what are the differences between commissions paid to agents and those paid to investors? — Fees to Investors
This is the part that most home sellers are surprised to learn: for the vast majority of investors, there are virtually no fees to pay. Typically, investors will cover all of the costs related with the sale of the property. Furthermore, there is no commission to pay because they are not real estate brokers and are not listing your home. Closing costs may be your responsibility, but this is dependent on the investor, so be careful to inquire with the investor about who is responsible for such fees.
The One “Fee” That You Might Not Have Considered
There is one additional cost (“charge”) that you may not be aware of: when you deal with an agent, they will convince you to make repairs to your home, after which you will be responsible for paying your bills and taxes for as long as it takes the agency to find a buyer. So, while this is not a fee paid to the agent, it is a cost you will incur as a result of the agent’s services… However, when you sell your home to an investor, they will purchase it immediately, allowing you to save on this expense as well.
So, which option is best for you? It all depends on how much you’re willing to spend and how quickly you need to sell your house……………………..
Contact us if you want to go through this in greater depth or confirm that we will not charge you any fees if you sell your house to us. We would be pleased to guide you through the process.
How to Tell the Difference Between a Real Estate Agent and an Investor in Atlanta:
List vs. Buy
The most straightforward way to distinguish real estate brokers from investors is to inquire as to what they want to do with your home – list it or buy it. A real estate agent will put your home on a multiple listing service and will make every effort to locate a buyer for it. It’s possible that they’ll have to display it to multiple people before they find a buyer.
An investor, on the other hand, is not going to list your home; rather, the investor is a buyer who will purchase your home straight from you. This is exactly what we do at Georgia Fair Offer – we are buyers who purchase houses in the Atlanta area.) If you wish to sell your house, please click here and fill out the form to find out how much we can offer you for it.
In Atlanta, there are several ways to tell real estate agents and investors apart:
Timeline To Sell
The second technique to determine the difference between an agent and an investor is to inquire about their timetable for purchasing a home. An agent will not be aware of this because they must first locate a buyer. It’s possible that they’ll continue showing the house to various potential buyers for three to twelve months in most circumstances.
An investor, on the other hand, will know exactly how long it will take to purchase your home because they are the ones who will be purchasing it. They will be able to provide a precise timeline (which could depend on you and how quickly you want to sell).
In Atlanta, there are a few ways to tell the difference between real estate agents and investors: Commission vs No Commission.
This one is absolutely critical! In order for an agent to make money, they must first find a buyer for your home, after which you must pay them a commission on the sale (which may be as much as 6 percent of the sale price, or $6,000 on a $100,000 home).
An investor, on the other hand, is not listing your home, so there are no commissions to pay. This is due to the fact that an investor will make money either by renting the house to a renter or by fixing up the house and selling it… hence, they make their money in a different method than a regular homeowner does.
There are various ways to tell the difference between an agent and an investor. The best course of action is to simply inquire… they will inform you!
Selling to an investor as opposed to a traditional buyer has its disadvantages.
When it comes to selling, you have a wide range of possibilities. You may sell your house through an agency to a regular buyer, or you might explore selling your house directly to a real estate investor who will pay cash for it.
It is possible to have advantages and disadvantages in both situations. For those considering selling to an investor, there is one major disadvantage to selling to an investor versus a typical buyer in Atlanta that you should be aware of: There is no guarantee that the investor will purchase your property.
It is common for agents to be required to pass a test and obtain certification before they can represent you in a real estate transaction. Furthermore, they are required to make payments to a variety of organizations (such as a brokerage and/or a licensing board – the specifics of which vary from one state to the next).
On the other hand, anyone can become an investor regardless of whether or not they have any professional training or certification. Someone can just state that they are an investor and that they are an investor… without having to undergo any additional training. This can be a disadvantage for house sellers like you who may be looking for assistance in your situation, but who may end up engaging with an investor who has no prior experience in real estate investing.
Because of this, investors with the abilities, knowledge, and experience to assist you in your position, no matter how hard it may be, are available.
Discover How to Find a Great Investor to Sell Your Property To.
To begin, seek for the investor’s website on the internet. Do they have one of these? What kind of information is contained therein? Are they of any use? Do they provide you with a great deal of information? Does the company have any customer testimonials or case studies that highlight their expertise?
Then phone their office and speak with someone there. Are they courteous and considerate of your time? Do they appear to be knowledgeable about what they’re talking about? Are they of any use? Inquire about their procedures and how they collaborate with you. They shouldn’t be overbearing, and they should make you no-obligation deals if they want your business.
With just these two actions, you can discover a great deal about an investor. There are many outstanding real estate investors out there who have your best interests at heart and who will work tirelessly to assist you, despite the fact that anyone can become an investor.
Consider our company as an example: you are invited to browse through our website and discover more about us at your leisure. We are a kind bunch who are always willing to lend a hand. Please do not hesitate to contact us if you have any queries for our team before making a decision.
When it comes down to selling your house through an agent vs selling to an investor, selling to an investor is both faster and easier… as long as you find the right investor, of course. We’d be delighted to speak with you before you make any decisions! We’d want to get to know you and earn the right to purchase your home by meeting with you.