Real estate transactions are more complex than other investments as they involve a substantial outlay, long-term commitments, and various other considerations. The dynamics of real estate are different and abstract. The buyers and sellers of property look for value-for-money deals, but they face multiple challenges at various levels individually in real-world scenarios. The property sellers might
- Own unwanted rental property
- Have frustrating or non-paying tenants
- Own a vacant property
- Inherit an unwanted property
- Need to relocate quickly
- Avoid paying realtor commissions
- Go through the divorce process
- Face cash crunch
- Owe property taxes and face foreclosure
While buyers might seek a home with better amenities in the desired location but need more funds, or the deal closure takes time to realize in search of a dream home despite sufficient funds.
Need of the Real Estate Intermediaries
The sellers cannot sell their properties at desired price quickly even after repairs and restoration in many conditions. At the same time, the buyers need to get the dream home or property at an optimum cost in a particular location within a specific timeframe. However, the intermediaries and investors often help correct such conditions. The owners can contact the investors that advertise ‘We buy houses Suffolk County NY' (CT, or other areas) for immediate property disposal.
Real Estate Agent V/s Real Estate Investor
A real estate agent or broker presents property alternatives to potential buyers and helps arrange property visits on behalf of the sellers. He charges a commission depending on the value of the home. The property owners must improve their homes' condition to make them saleable, besides providing brokerage or commission to mediators. In contrast, real estate investors readily buy the house fitting into their criteria in any condition for quick bucks without fees or commission. They do not list the house of sellers like realtors, and instead, they buy the home directly from the sellers. They highlight ‘We buy houses Suffolk County NY‘ or other such lines in their promos.
Reasons to Prefer Local Real Estate Investor
Most homeowners want to sell their homes soon, and local real estate investors provide the best solutions in any area. The owners need to send their property details to them online. The investors connect with the owners if they find their properties suitable per their criteria. They present the sellers a fair written, no-obligation offer within 24 hours. Once the sellers agree, they close the deal at a local licensed attorney and hand over or transfer the cash to the seller's account fast. The sellers realize the dream of sell my home fast, CT or other parts of the country with real estate investors.
