If you’re thinking of selling, you’ll likely connect with people who want to help. Some will be agents and some will be investors. Check out this blog post to read about 3 ways to tell real estate agents and investors apart in Fort Myers, and help you understand why you might want to work with one versus the other…
Thinking about selling your house? You might be approached by a bunch of different people who all offer to help you sell. But not everyone who offers to help will help in the same way. Some are real estate agents, other are real estate investors and they’ll help you in different ways. Here are 3 ways to tell real estate agents and investors apart in Fort Myers.
Ways To Tell Real Estate Agents And Investors Apart In Fort Myers: List Versus Buy
When distinguishing between agents and investors, a simple question about their intentions with your property can reveal their role. Real estate agents typically aim to list your home on a listing service, working diligently to secure a buyer. This process often involves showcasing the property to multiple potential buyers until a suitable match is found. Their goal is to facilitate a successful sale through traditional real estate channels, maximizing the property’s exposure and appeal to the market.
An investor, on the other hand, isn’t going to list your house – the investor is a buyer and they will buy your house from you directly. (That’s what we do at Sell My House Now USA – we’re buyers and we buy houses in Fort Myers. 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 Fort Myers: Timeline To Sell
One key method to distinguish between a real estate agent and an investor is by inquiring about their purchasing timeline. A real estate agent typically lacks a definitive timeline due to the nature of their role; their primary objective is to locate a suitable buyer before proceeding with a purchase. This process can be quite protracted, often spanning anywhere from 3 to 12 months. During this period, agents are tasked with showcasing the property to numerous potential buyers, a task that can be time-consuming and requires patience.
Conversely, an investor often operates on a more condensed timeline. They are typically more decisive in their approach, aiming to finalize a purchase within a shorter timeframe. Investors often have a clearer idea of their purchasing schedule, which could range from a few weeks to a couple of months. Their focus is on swiftly assessing the property’s value and potential for return on investment, leading to a more streamlined buying process compared to that of a real estate agent.
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 Fort Myers: Commission Versus No Commission
Hiring a real estate agent is a significant decision with financial implications. Agents typically earn their commission when they successfully find a buyer for your property. This commission is often around 6% of the final sale price, which can amount to a substantial sum. For instance, on a $100,000 house, you could end up paying $6,000 in commission. While this fee covers the agent’s services and expertise in marketing and negotiating, it’s essential to weigh this cost against the potential benefits and alternatives, such as selling your house yourself or exploring direct sale options.
An investor, however, isn’t listing your house so there aren’t any commissions. 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!