When it comes to real estate, there are many reasons why owners want to sell, and many ways to do it. You could work with a real estate agent, try to sell on your own, or team up with a Montreal investor. In this article, we’ll take a closer look at this last option.
The investor is interested in you
Professional real estate buyers in Montreal, Quebec generally close sales faster than regular multi-family property buyers pay 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. It all takes time! And we don’t even know if a loan will be granted in the end. A professional buyer won’t put you through these delays and uncertainties. What’s more, selling direct means selling without having to pay commissions to your agent, and then to 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! Often, professional buyers of multifamily properties 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, we can mail you all the paperwork if that makes life easier for you.
Don’t renovate
Quebec City real estate professionals buy 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.
Stay at home longer
Multi-family property professionals are investors; they have no intention of moving into the properties they buy. As a result, they can give you some breathing space after the signing, so that you can organize the move at your own pace. This is all the more useful in the case of a direct sale, since investors can close very quickly. What’s more, your buyer may not even ask you to clean the place before leaving. So your move will simply involve transporting the furniture and objects you want to keep, and leaving everything else behind.
Sell without worrying
If you’re selling to a professional multi-family property buyer in Montreal, Quebec, you won’t go through the roller-coaster of emotions usually associated with selling a property. You won’t get a call in the middle of dinner from a potential buyer asking if you’re available to show the place. You won’t have to clean up and take care of every little detail before you leave for work, or get behind your tenants just in case a visit is organized while you’re away. You won’t come face to face with a buyer’s agent, or with the buyer himself, and he won’t ask you questions you’ll have trouble answering. And you won’t have to negotiate about which furniture you and your tenants can keep, and which you’ll have to give up to the next occupant.
Don’t take any risks
Selling to a multi-family home buying professional is simple and transparent. Your investor will explain the next steps in detail and present you with a short, concise contract. Legally, selling as-is exposes you to far fewer risks; a traditional buyer might discover something you failed to tell them or that bothers them about the house or neighborhood and cancel the sale, or even sue you! Indeed, utraditional real estate sales contracts allow buyers to take you to court if they believe they have been misinformed. 
On the contrary, a professional real estate buyer knows exactly what condition the house is in, and accepts full responsibility for it.
