Sell a Home in Birmingham to an Investor vs. Listing with an Agent
Transactions involving real estate are some of the biggest decisions you’ll have to make in life. Regardless of whether you are buying or selling, a lot of money is involved. It’s the type of decision that will significantly impact your bank account, which is why it’s important to weigh your options.
Here we compare the difference between listing with an agent or if you should sell a home in Birmingham to an investor.
Exhausting All Options with Your Current Lender
When selling your home involves your primary residence, it can add an extra level of stress to your situation. That’s why you should try to work out a solution with your lender first if your circumstances have changed.
Most lenders have implemented new programs to help homeowners who have experienced a change in income or who are upside down on their mortgage. These programs are designed to keep people in their homes, so they are not forced to sell or go into foreclosure.
But, if you’re situation is different, and you just want to sell your home quickly, you have a few options to consider.
Listing with an Agent vs. Selling Your Home to an Investor
The traditional way to sell a home is by listing with an agent. However, this may not be the best option for you if you need to sell your home fast. When you list your home with an agent, it can take weeks or often months to sell. If you’re in a time crunch, you likely won’t get a quick solution by going that route. Plus, you also have to add in having to do open houses and contract negotiations, which will eat away at your personal time.
Instead of having to wait or add more stress to an already stressful situation, you should definitely consider selling your home to an investor. Real estate investors can often buy your home within 7 days, so you’re not only reducing stress, but you’re also saving time and money.
Expenses That Come with Selling a Home
If you list your home with an agent, you also have to take into consideration the fees and costs that come with that option. On average, a real estate agent will charge you 3% in commission fees based on the sale price of your home. You will also need to add in any closing costs you may have to pay in addition to making repairs to your property so that it’s sell-ready in the agent’s eyes.
When you sell your home to an investor, those fees and expenses disappear as they buy will buy your home in as-is condition. It also costs you nothing to get a quote on your home with them, and they don’t charge any commissions or fees, so you can sell your home without any out-of-pocket costs.
Your Best Option to Sell a Home in Birmingham Fast
If you’re comparing options to sell a home in Birmingham fast, your best bet is to go with an investor. By selling your home to an investor, you can avoid any unnecessary delays. You will also save money by not having to pay any commissions or upfront costs that are associated with the typical sale of a home.
If you want to learn more about how to sell a home in Birmingham quickly, reach out to a member of our team by filling out the form for a free consultation.