If you’re thinking of selling your house, you’ll most likely need to connect with people who want to help in some way. The people who can help you sell your house are either real estate agents or investors. Check out this blog post about 3 ways to tell real estate agents and investors apart in Raleigh to help you understand why you might want to work with one versus the other…
Are you considering selling your house? You might be approached by many different people who will offer to help you sell. However, not everyone who offers to help will help in the same way. Real estate agents who offer their services to sell your house will approach it differently then real estate investors. Investors will help you in an entirly different way. Here are 3 ways to tell real estate agents and investors apart in Raleigh.
Ways To Tell Real Estate Agents And Investors Apart In Raleigh: List Versus Buy
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 in hopes to find a good buyer. Real estate agents will have to show your house to many different potential buyers.
An investor, on the other hand, isn’t going to list your house – the investor is a buyer and they will buy it directly from you. (That’s what we do at Narrow Path Investments, LLC – we’re buyers and we buy houses in the Raleigh area). If you want to sell your house, click here and enter your information to find out how much we can pay).
Ways To Tell Real Estate Agents And Investors Apart In Raleigh: Timeline To Sell
The next way to tell an agent apart from an investor is to ask about their timeline for you to sell your property. An agent really doesn’t have a definite answer on this because they have to find a buyer first. In many cases, this might take several 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).
Ways To Tell Real Estate Agents And Investors Apart In Raleigh: Who Receives a Commission
This one is crucial! Real estate agents make their money when they find a buyer. When your house sells you will have to pay a commission at closing (which could be somewhere around 6% of the sales price… or $6,000 on a $100,000 house).
An investor, however, isn’t listing your house, so there aren’t any commissions to worry about. 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.
There are other ways to tell an agent or investor apart. The best thing to do is just ask… they’ll tell you!