What is the Difference Between a Real Estate Investor and a Real Estate Agent?
Do you want to sell your house? You might be thinking about selling your house with the help of a traditional real estate agent. Or, you might want to sell your house to a real estate investor instead. What are the differences between these two options?
Working with a Real Estate Agent
The traditional route is to sell your house with a real estate agent. A real estate agent is usually a local expert who will try to get as much money as possible for your home. Then, when you sell your home, your real estate agent will take a commission on the sale price of the house. Usually, this is between two and three percent, which could be tens of thousands of dollars. Furthermore, it could take a few weeks or months for a real estate agent to get a good offer for your house.
Selling to a Real Estate Investor
Another option is to sell your house to a real estate investor. A real estate investor is usually someone who makes cash offers for homes. This means you may be able to save money because you don’t have to pay a buyer’s agent commission and there probably will be fewer closing costs. Furthermore, because a real estate investor may not have to secure financing, you can close faster.
Think Carefully About How You Sell Your House
These are two of the most common options available when selling your house. Your house is a valuable investment, so you need to think carefully about how you go through the process. You want to put as much money in your pocket as possible; however, you also want to sell your house quickly. Consider taking a cash offer from a real estate investor.