There are many reasons why a homeowner might want to sell, and many ways to do it! You could sell with an agent on the traditional market, try to sell yourself, or sell your property directly to a Montreal investor.
The investor is interested in you
Professional real estate buyers in Montreal, Quebec generally close their sales faster than regular commercial property buyers and pay in cash. In the traditional market, buyers more often than not need to receive a mortgage in order to buy, which means applying to the bank and having the property inspected before selling. It all takes time! And we don’t even know whether or not a loan will be granted in the end. A professional buyer won’t put you through any delays or uncertainties. What’s more, selling direct means selling with no commissions to pay, first for your agent, then for your buyer’s agent.
Commissions are normally around 3% of sales price per agent. So if you sell your property for $200,000, it could cost you $12,000 in commissions alone! Professional commercial property buyers often don’t even charge transaction or closing fees. If they do, these out-of-pocket expenses pale in comparison with the commissions and closing costs involved in selling on the traditional market. Also, rather than meeting you in person, professional investors can mail you all the paperwork if that makes life easier.
Nothing to prepare
Professional investors in Quebec City buy commercial properties as they are. This means you won’t have to renovate before you sell, or worry about unexpected expenses that might surprise you halfway through. Some companies don’t even ask to have buildings inspected before buying them.
Moving at your own pace
Professional investors are investors; they don’t intend to use the property they buy quickly. As a result, they can give you some breathing space after the signing, allowing you to organize your move at your own pace. This is all the more useful in the case of direct sales, since investors can close a sale very quickly. What’s more, your buyer may not even ask you to clean the place before leaving. This way, your move will be as simple as transporting what you want to keep and leaving everything else behind.
Selling with confidence
If you’re selling to a professional investor in Montreal, Quebec, you won’t go through the roller-coaster of emotions usually associated with selling a property. You won’t receive a call in the middle of dinner from a potential buyer asking if you’re available to show your property for sale. You won’t have to clean up and take care of every little detail before you leave, or go over everyone’s head again, just in case a visit is organized while you’re away.
You won’t come face to face with an agent or a buyer, so you won’t have to answer those questions you simply don’t have the answers to. And you won’t have to negotiate about which furniture you can keep and which you’ll have to give up to the next occupant.
No risk to take
Selling to a professional investor is simple and transparent. Your investor will explain the next steps in detail and present you with a short, concise contract. What’s more, selling as-is exposes you to far fewer legal risks; a traditional buyer might discover something you failed to tell them or that disturbs them about the house or neighborhood and cancel the sale, or even sue you.
A traditional real estate sales contract allows the buyer to take you to court if he believes he has been misinformed. Conversely, a professional real estate buyer knows exactly what condition the house is in, and is willing to take full responsibility for it without asking you to renovate first.
