Thinking of selling your home? Perhaps you’re listing the pros and cons of each method and asking yourself, “Should I hire a real estate agent in Montreal or sell my home directly to an investor?”. Well, this article is for you! (It may also be useful to anyone wishing to sell a home in or around Montreal).
Selling a home is a big decision. That’s why it’s a good idea to plan each stage in advance.
Should I hire a real estate agent or sell my home directly to an investor?
Working with an agent: Pros and cons
Pros:
- The agent has sold before. So he knows the process inside out.
- You won’t need to negotiate; the agent will do it for you.
- The agent will guide you step by step.
- The amount you receive could be very close to the asking price.
Cons:
- You’ll have to pay for the renovations.
- You’ll need to clean the house.
- You’ll have to wait while the agent shows your home to buyers. (This can take months.)
- This means you’ll have to pay bills, taxes and insurance while the property sits unsold.
- You’ll have to pay commissions to your agent.
- The amount you receive may not be very close to the asking price.
Should I hire a real estate agent or sell my home directly to an investor?
Working with an investor: pros and cons
Pros:
The investor has bought before. So he knows exactly what he’s doing.- You’ll immediately know how much is on offer. You won’t have to gamble on the supposed market value of your home.
- You won’t have to pay for renovations.
- You won’t have to clean the house.
- You won’t have to wait for months.
- So you won’t have to pay bills, taxes and insurance for an extended period of time.
- You won’t have to pay any commissions or fees.
Cons:
- The amount you receive may not be equal to the “market price”. An investor might offer you a lower amount.
What’s the best option for you?
Most of the time, just a few questions are enough to determine this.
- How fast do you want to sell?
- Would you rather take the gamble of seeing IF you can get the market price (but spend more beforehand) or know immediately how much you’ll receive (and save on expenses)?
Once you’ve answered these questions, you’ll have the answer to that question you’ve been asking yourself: ” Should I hire a real estate agent in Montreal or sell my home directly to an investor? “
Ready to sell now?
If you’re interested in selling your home, have questions about the sales process or would like to know how much we can offer for your property, contact us and we’ll discuss your property together. We’ll do our best to help you. We may be able to make you a cash offer right away, or put you in touch with a good real estate agent we’ve teamed up with. Simply call us at 514-320-1000 or click here and fill out our form, and we’ll call you shortly.
