If you’re thinking about selling your house, you might be weighing your options about how to sell. Keep reading to learn the key disadvantage of selling to an investor over a traditional buyer in Dallas…
Disadvantage Of Selling To An Investor Over A Traditional Buyer
You have a lot of options when it comes to selling. You might sell through an agent to a traditional buyer, or you might consider selling your house directly to a real estate investor.
So what is the disadvantage of selling to an investor over a traditional buyer? There are actually advantages and disadvantages to both. But if you’re thinking of selling to an investor, here’s the one key disadvantage of selling to an investor over a traditional buyer in Dallas that you should be aware of:
When you use an agent to list your home, that agent usually has to pass an exam and get certified in order to be an agent. Meaning they are more educated and have more training (hopefully) in real estate. They also have to pay all sorts of fees just to maintain their license. It costs money to continuously be a part of the local MLS board, they have to take courses every year to keep their license current, and they also have to pay their broker fees for every transaction they complete.
On the other hand, anyone can be an investor without any formal training or certifications. Someone can just say they’re an investor and they’re an investor… without any additional training. This can be a disadvantage to house sellers like you who might be looking for help in your situation, but you end up working with an investor who has no experience.
Fortunately, there ARE investors out there who have the skills, knowledge, and experience to help you in your situation, no matter how complicated it is. The best way to find out their experience level is by asking the right questions. It’s important to ask how long they’ve been in this business and how many sellers have they helped in the exact same situation. But again, what is the disadvantage of selling to an investor over a traditional buyer?
Here’s How To Find A Great Investor To Sell To
Start by looking for the investor’s website (which you’re on one right now, so you’re off to a good start). Do they have one? What information is on there? Is it helpful? Do they give you lots of information?
Then, call their office and talk to them. Or you can fill out the form on their website. Do they call you back in a timely manner? Do they sound like they know what they’re talking about? Are they helpful? Ask them about their process and how they work with you. They shouldn’t be pushy and should offer no-obligation offers to you.
Do they also work with you by making the process as convenient as possible? For example, we provide virtual services as well and can do appointments via Zoom so you never have to meet with us face to face.
You can learn a lot about an investor with just these two steps. While anyone can be an investor, there are many great real estate investors out there who have your best interests at heart and who will work hard to help you. And to be truthful, just because a Realtor goes through all of the training that they go through, that doesn’t mean they know much about this industry or are very experienced. So, it would be beneficial to research them as well as ask the same questions to see if they’re the right fit for you.
But if you think going with a real estate agent might be the better fit for you, then you might be right! You can always call an agent and investor to learn more about the process for both sides.
When it comes down to selling your house through an agent or to an investor, selling to an investor is faster and easier… as long as you find the right investor! For example, we cater to our sellers and their needs. We can close as fast or as slow as you need us to and sometimes, we can even let you stay in the house after we buy it. This is a case-by-case basis, but we’re always to help wherever we can.
We’re happy to talk to you before you make any decision! We want to get to know you and earn the right to buy your house.