5 Tips for selling your house for cash to a private home buying company.
Have you heard someone eating in a specific restaurant talking about how much better another restaurant is in their opinion? If you haven’t, trust us, it’s pretty weird when it happens. It’s like, why are you eating here then. When it comes to selling residential real estate, this type of scenario happens more than you think. In this article we are going to show you 5 tips for selling your house for cash to a private home buying company, like Lewis Brothers Properties.
Here’s a recurring scenario. A homeowner looking to sell their home will ask a real estate agent about private home buying companies and the agent will spill their guts about the false myths surrounding private home buying companies like us. Why you might ask? They want your business.
Yes, we are a private home buying company and we buy houses for a living. Because of that fact, this article is based on our years of experience in the home buying industry. We believe that if you’re looking to sell your home quickly, using a private home buying company is a fantastic option. For starters, our process is very simple and requires little effort on your part. We guarantee closing and we will save you money throughout the simple process.
Our process has been used for many years now and for it to work as seamlessly as possible, here are 5 tips to consider when selling your home for cash to a private home buying company. (Of course we hope you choose us.)
The timeline is based on your needs
If you need to sell a rental property, a home you inherited or your current home, selling to a private home buying company will always be your fastest option. Most of the people we serve are in a hurry to sell their house or do not want to go through the hassle of renovating it before listing it on the MLS. If you’re not in a hurry, a private home buying company might not be the best fit at the time. Think about it this way. If you need to sell your truck fast, you know you can always take it to a dealership. Sure, they might not give you top dollar for it, but you accomplish the need to sell it. The same thing applies here when selling to a private home buying company. If you’re in a time crunch, selling to a cash house buyer or private home buyer is the fastest option. (before leaving this article….be sure to read the next tip)
Save a lot of money
As private home buyers, we buy homes, as we say, AS-IS. This is an industry term for buying a home in its current condition. For most private home buying companies, there are not too many homes that they will walk away from based on the current condition of the home. How does this fact save you money? Great question. You save money in the following ways:
You do not need to hire a professional photographer to take enticing pictures of your house for the MLS.
You do not need to start or complete major renovations before selling your home. Home renovations, maintenance and the ever illusive curb appeal cost major money. Are you ok spending an additional $3,000-$7,000+ before your home is even sold?
You do not need to pay for a home inspection or appraisal
You will never pay high commissions (5+% realtor fee) or fees which means you keep more money in your pocket.
No upfront costs ever come out of your bank account.
Learn what the value is for your home:
It is critical for you, the homeowner, to know the value of your home before calling a private home buying company. Keep in mind that you will discover the range your home is worth will vary depending on a variety of factors. A private home buying company will most likely offer towards the middle of that range. Why? It’s not because they are scammers, it’s because they are buying the home as-is, not what it would be worth if the home was in tip top shape. Knowing the value of your home is important but what is more important is the current situation you find yourself in. Do you need to sell it quickly? Can you afford to list it for 30-90+ days using a real estate agent and the MLS? All of these are factors to consider.
Avoid all the typical hassle of selling your home:
When selling your home to a private home buying company there are certain headaches and pain points you will get to avoid entirely. As mentioned above, the selling process is simple. If you choose to work with the Lewis Brothers Properties, there are only three steps to go through. In our selling process, here are something you will avoid:
The process of hiring the right real estate agent
Multiple inconvenient stranger walkthroughs
Scheduling conflicts for home open houses
Going through or waiting for offers
Wondering what the exact amount your home will sell for
Paying your mortgage and other bills while your wait for your home to close
Sell your home to a Private Home Buying Company you trust:
At the end of the day, after all the research is done, it is paramount that you sell your home to a company you trust. If you trust the company buying your house, the smoother the sale will go. It is our mission to help homeowners sell their house quickly and serve them to the best of our abilities. We know that if we’ve earned your trust, you will feel better during the process.
In Conclusion
There are many reasons why selling your home to a private or cash house buyer is a great option. If you’re looking for the fastest way to sell your home in Ontario, we’d love to chat with you and get you an offer within 24 hours. You’ve just read 5 tips for selling your home fast to a private home buying company, but trust us, we have hundreds more. We hope these 5 tips have peaked your interest and have given you a little more clarity about using a private home buying company to sell your home.
