If you’re thinking of selling, you’ll likely connect with people who want to help. Some will be agents and some will be investors. Check out this blog post to read about 3 ways to tell real estate agents and investors apart in Pensacola, and help you understand why you might want to work with one versus the other…
Thinking about selling your house? You might be approached by a bunch of different people who all offer to help you sell. But not everyone who offers to help will help in the same way. Some are real estate agents, other are real estate investors and they’ll help you in different ways. But before we dive into how to tell the difference between real estate agents and real estate investors. You must understand that Not all agents are created equal. Nor that all real estate investors are created equal. But what do I mean about that?
Let me explain. People in general. They live with different qualities in morals and ethics. Not all agents have the intention of helping you out as much as helping their financials, and not all investors are looking for your best interest! There’s a lot of agents and investors are good people and looking to help you out. But not all for sure! Since we have more clarity now about not all apples in the basket are the same quality. Now your job to do your own due diligence about who you want to work with. And now. Here are 3 ways to tell real estate agents and investors apart in Pensacola.
Ways To Tell Real Estate Agents And Investors Apart In Pensacola: List Versus Buy
Selling your house is never an easy process. While traditional real estate agents have been the go-to for sellers in the past, cash home buyers (also known as investors) are becoming increasingly popular in the Pensacola area.
The easiest way to tell agents from investors is to ask what they are going to do with your house – list it or buy it. A real estate agent will list your house on a listing service and they’ll try to find a buyer. They might need to show it to several people in order to find one buyer.
Real estate agents will likely list it on the MLS (Multiple Listing Service) and wait for offers to come in. In contrast, cash home buyers typically take a more direct approach. They will often make an offer on your property just as it is, without you needing to make any repairs or renovations. They also typically close much faster than traditional home sales, which can be beneficial if you’re looking to sell quickly.
One of the key difference between real estate agents and real estate investors who buy homes is that real estate agents can’t guarantee a sale. In contrast, reliable and a trusted real estate investors like Quality Properties Of Northwest Florida LLC can guarantee the sale of your home. Because the key decision make to buy the house is the owner of that company. Where the real estate agent he’s the middle person on the sale, and the key decision maker is the client.
An investor, on the other hand, isn’t going to list your house – the investor is a buyer and they will buy your house from you directly. (That’s what we do at Quality Properties Of Northwest Florida LLC – we’re buyers and we buy houses in Pensacola. If you want to sell your house, click here and enter your information to find out how much we can pay).
As I said previously, reliable and trusted real estate investor or real estate investment company. I always encourage homeowners to do their own due diligence about a home buying company before committing with a contract just to find out 30 or 60 days later they don’t have the money or they’ve changed their mind about buying your home for whatever reason.
When you decide to put your home for sale. What’s the most important thing other than the home offer you will get from home buyers? The answer is simple. Commitment!!
Ways To Tell Real Estate Agents And Investors Apart In Pensacola: Timeline To Sell
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).
At Quality Properties Of Northwest Florida LLC, we can close as fast as 10 days. Or on the date of your choice. It all depends on how fast you want to close. Some homeowners like to close in 10 days because of an obligations they have like, moving for job transfer, or facing foreclosure for example. On the other hand. Some homeowners like to extend the closing because they’re buying another home, and they want to make sure they close on the home they’re buying before selling the house they’re selling.
Commission Versus No Commission
This one is crucial! An agent makes their money when they find a buyer and then you have to pay them a commission on the house (which could be somewhere around 6% of the sale price… or $6,000 on a $100,000 house).
Real estate agents work on commission, meaning they only make money if and when your property sells. As such, they may be less inclined to take on properties that need a lot of work, or that might not sell quickly.
An investor, however, isn’t listing your house so there aren’t any commissions. That’s because an investor will make money by either renting the house to a tenant or fixing up the house and selling it… so they make their money in a different way.
Investors will typically make an offer that is good for a set period of time, giving you a clear indication of what you can expect to receive if you choose to accept their offer.
There are other ways to tell an agent or investor apart. The best thing to do is just ask… they’ll tell you!
There’s a big difference between listing your house with an agent. The main key difference is the agent will list your house and try to sell it for a commission, where a real estate investment company is the one who’s buying your house. A reliable real estate investment company can be the best option if you want to sell FAST and in AS-IS condition. If you’re not in a hurry and you want to spend money upfront to get retail price then listing with an agent could be the way to go.
Also, when choosing a reliable and trusted real estate company to buy your home. It’s a sure thing you get to sell your home, where agents don’t hold the key decisions to guarantee the sale.
If you’ve read this post and decided to see what an investor can pay for your house, get in touch with us. At Quality Properties Of Northwest Florida LLC. We take pride in serving homeowners in Pensacola, Florida and anywhere on the gulf coast. Click here and enter your info, or pick up the phone and call our team at 850-346-4995.