There are many differences between real estate agents and property buyers. Both offer professional services relating to real estate, but the differences are clear. You should be aware of the differences between estate agents and property buyers. Use the right real estate professional for the right house selling situation.
Property buyers are people who actually buy homes. If you need to sell your house, property buyers are the real estate professionals who actually give you an offer to buy your house. Property buyers do not charge you any commissions or fees and can typically buy your house very quickly.
Property buyers are real estate professionals that purchase many houses in your local area. Property buyers are also real estate investors so they many not be able to pay as much for your house as an end home owner would. With that said, if you are selling your house you typically have to pay 6 percent in real estate agent commissions. For a $100,000 house that is $6,000 in real estate commissions. Given the large amount of commissions you would have to pay when using a real estate agent, property buyers may be able to give you the price you need for your house.
A property buyer will give you a free, confidential, no-obligation offer for your home. So if you are thinking about selling your house I would recommend getting a free offer from your local property buyer. You have nothing to lose because if you do not like the offer you receive you do not have to sell your house to them.
The best time to use a professional property buyer is if you need to sell your house fast. There are many reasons people need or want to sell their house fast. If you are in any of the following situations I would recommend getting a free offer for your home from a property buyer.
Going through a divorce, need to stop foreclosure, being relocated by your work, you re an investor who want to cash out of an investment property, you do not want to be landlord anymore, you just inherited a property and need to sell it, you do not want to deal with a real estate agent, your home is not in excellent condition, your home is 100 percent financed and you have no equity.
These are just a few of home selling situations where you would be better offer selling your house to a local property buyer. The best way to get in contact with a local property buyer is to complete a very short on-line form from a company that focuses on buying houses. You basically complete the very short form, and then a property buyer will contact you with their offer. You have no risk or obligation to accept.
Real Estate Agents:
Real estate agents are real estate professionals who help home owners buy and sell real estate. They do not buy and sell real estate themselves. Real estate agents typically charge a commission of 3 percent for their service. The 3percent is the percentage related to the price of the home you are selling or buying.
When you enter into an agreement with a real estate agent you are signing an agreement with them that you will allow them to help you sell or help you buy a home. You can not go anywhere else or use any other agent to help you in your home selling or home buying needs.
Many times home owners sign an agreement with a real estate agent and months later, after their house sitting on the market want to cancel their agreement. Because the real estate agent has expenses for marketing, time and effort they are reluctant to let you out of your contract.
The best time to use a real estate agent is when you buying a home. Home sellers typically pay real estate commissions, so when you buy a home it is free to use a real estate agent. Now if you have bad credit and you want to buy a home, real estate agents are not always your best option. Many times a professional property buyer has many homes they will sell to you on terms. You may have herd of the terms rent to own, lease option, or lease purchase. There are homes that property buyers are selling to people who have trouble getting traditional financing.
The best time to use a real estate agent is when you are buying a home. Home sellers typically pay real estate commissions, so when you buy a home it is free to use a real estate agent. Now if you have bad credit and you want to buy a home, real estate agents are not always your best option. Many times a professional property buyer has many homes they will sell to you on terms. You may have heard of the terms rent to own, lease option, or lease purchase. There are homes that property buyers are selling to people who have trouble getting traditional financing, which in our current real estate market can be very easy.