The time has come to sell your home, but you can’t decide whether you should hire a real estate agent to sell your Montreal, Quebec home. Are commissions worth it? How long can you wait before receiving an offer? How long will it take to close the deal? What renovations do you need to make? Do you have time to show your property, even if you receive less than 24 hours’ notice? This article will show you the advantages of selling directly to a real estate investor and how to make a worry-free sale.
No open house or tours
By selling your home directly to a professional buyer in Montreal, Quebec, you’ll avoid the emotional roller coaster that usually comes with selling a home. You won’t have to answer those pesky calls in the middle of dinner from people who want to come and visit. Nor will you have to worry about running into an agent or buyer, or trying to find answers to questions you simply shouldn’t have to answer.
No fees or commissions
Real estate agents pay their salaries with a certain percentage of the sale price. If you don’t deal with them, you don’t have to pay commission to either your agent or your buyer’s agent. We’re talking thousands of dollars saved! Commission fees are usually around 3% per agent. So, if you sell your home with an agent for $200,000, you’ll have to pay $12,000 in commission fees, plus closing costs and other costs charged by your agents. Normally, a real estate investor doesn’t charge commissions, transaction fees or closing costs, and if he does, the costs will be very low.
Significantly reduced waiting times
Real estate agents advertise properties for sale on their company’s website, making them easy for potential buyers to find. At first glance, this may seem ideal, but it’s easy to forget that a property can be advertised for sale for a very long time. How quickly do you receive offers to buy? On the other hand, real estate investment professionals usually have a fairly extensive network of contacts. That way, if your property doesn’t meet their selection criteria, they can refer you to their colleagues, who will be happy to conclude a sale with you as quickly as possible. In all cases, you’ll only have to wait a very short time before receiving one or even several offers. What’s more, selling a home in Montreal, Quebec directly to a professional buyer closes faster than selling with an agent, and is paid for in cash and in one lump sum! On the contrary, a sale on the traditional market must necessarily go through a few detours: having the property inspected and applying for a mortgage takes time, and sometimes the buyer doesn’t qualify and we have to start all over again.
No inspection, no renovation
Quebec real estate professionals generally buy properties as is. This means that, as a seller, you won’t have to worry about any renovation, cleaning or home staging costs, or any unexpected expenses. Some companies actually buy as-is, without prior inspection. On the contrary, if you’re dealing with a real estate agent, your buyer’s agent will almost certainly ask to have the property inspected before proceeding with the purchase. If the inspection reveals a problem with the foundation, your buyer may ask you to arrange the renovations yourself before closing.
No need to rush
If you’re selling your Montreal home to an investor, he or she will give you a certain amount of time to move, without stress. On the contrary, if you’re selling in Montreal with an agent, you’ll certainly be asked to leave before the closing date, since the buyer will want to move in quickly.
By working with our team of real estate investors, you won’t have to worry about renovations or cleaning up after your move. We’ll buy your property as is and give you the time you need to find your new home!
