There are as many reasons to sell a property as there are ways to do so. You could sell on the traditional market with a real estate agent, you could try to sell yourself, or you could sell directly to a Montreal investor.
5 things to know before selling your land to an investor in Montreal – It’s great and we’re in the best position to buy it
Who’s buying?
As a general rule, professional land buyers in Montreal, Quebec are able to close faster than buyers on the traditional market, and often pay in one lump sum, in cash. To sell on the traditional market, most of the time you have to qualify for a mortgage with a bank, wait for it to be granted, have the property inspected, and all this without knowing whether the buyer will actually close or whether you’ll have to start from scratch. Another advantage of working with a professional investor is that, unlike your agent and your buyer’s agent, they don’t charge commissions. This could save you thousands of dollars.
The average commission rate is 3% per agent. So when you sell a property for $200,000, you have to pay $12,000 in commissions! In addition to saving on commissions, dealing with a professional investor will most likely allow you to avoid transaction fees. If, on the other hand, your buyer asks you to pay closing costs, the amount he asks you to pay will be very small compared to what a real estate agent would have charged. What’s more, professional buyers can adapt to your needs and allow you to sell remotely by mailing you all the paperwork, if this suits you better than a face-to-face sale.
Planning
Quebec land buying professionals buy land as is. This means you won’t have to maintain your property before you sell it, or worry about unexpected expenses that might surprise you halfway through. Some companies don’t even ask to have the space inspected before buying it.
Selling with confidence
If you sell to a professional land buyer 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 land. You won’t be face-to-face with an agent or a buyer either, so he won’t ask you any of the questions that would be hard for you to answer.
No risk to take
Selling to a professional land purchaser 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 disturbs them about the land 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 accepts full responsibility for it.
Grounds are different…
Selling land to a Montreal investor is not the same as selling a house or building, since there are no buildings involved. Buying land is very simple. Most Montreal investors won’t even come and see her in person, since all the information they need is available on the web.
Your buyer may not even ask you to define the property boundaries precisely, and will most likely prefer your lot if there are no added installations (fence, barn, etc.). Investors love this type of property, which leaves them free to build exactly what they have in mind. Selling a plot of land can take as little as a few days! To sell quickly and easily, do business with Vendre Maison Vite!
