Selling Investment Property Westminster: The Good and the Bad of Hiring a Realtor
The initial stages of selling investment property Westminster will not be complete if you have not identified the way you want to sell the property in question.
This can be a huge challenge to anyone who has not sold property before. You are probably confused and wondering what you need to do now that you have this property you want to sell. Maybe selling investment property Westminster is simply picking up the phone and giving a call to a local Realtor and tell them that you have a house to sell. But do you even know of a local real estate agent that you should call? Wait, you don’t even know if you need to sell the property through an agent, right?
Well, if this is you and you are here, it means you are in the right place. By the end of this, you’ll have some answers to your questions. The first thing you need to know is how fast you need to sell the property. The time you have to sell it will determine the channel you use to sell it.
Real estate agents are known to sell more than 90% of all homes sold in the country. This means that when selling investment property in Westminster, somehow, an agent must be involved in almost each sale. It also means that hiring a Realtor should guarantee the house will be sold.
To be honest, hiring a real estate agent can be in the best interest of some home sellers, however, there are others it won’t be an option. In order to put this into perspective, here are the pros and cons of dealing with a real estate agent when selling an investment property in Westminster.
Before you start dealing with a particular real estate agent, do your homework. Using platforms such as Zillow and Trulia, you can find some details about your local Realtor and possibly know something about their experience in the business. This simple search could be a life saver as it helps narrow down the list to the best agents in your local area, which should be a good step. You can now choose to concentrate on the agents that have built a solid reputation in the community and leave out those with poor reputations.
So, if you find the right real estate agent, there are a number of benefits you will enjoy. First is you may not have to deal with too much paperwork and they should know how to deal with red tape. With some education on top of their experience, a good real estate agent can ensure that your sale is done in the perfect way – no errors and omissions. Hiring a real estate agent also saves you a lot of time and energy that you would have used to sell your house. Things like hosting open houses, showing potential buyers around the property and staging the house will now be handled by the agent as you continue handling your normal schedule.
In case your property needs some repairs or maintenance before being sold, a good agent will organize everything to be handled thanks to their rich network of professionals in the home improvement section, be landscapers, contractors, inspectors and even attorneys if needed. Whenever there is a home that has some issues that are preventing it from selling, they’ll never miss someone to call for a solution. The fact that the Realtor is based locally means they understand the market perfectly and thus will be able to advise you better on the pricing matters as well as the timing of the sale. Also, not everyone is good at negotiating, which is where Realtors can be really handy.
No good thing lacks a bad side and so do Realtors. One major con of selling investment property Westminster through a real estate agent is there are extra charges. Be it agent commissions, closing costs, escrow fees and many others. Given that they deal with many clients, you don’t know where you are on the list and thus can’t tell when or if the house will actually sell.
Since a Realtor is not the direct buyer, they create a longer chain, which could eventually slow down the whole process and sometimes increase costs. Also, selling investment property in Westminster through an agent means that you are at his mercy because they house will only sell if they think it’s right to sell.
Rather than deal with any of these, Denver Property Flip will buy your property and pay the cash after just 5 days. We will eliminate any of these cons by closing the deal in a shorter period. Call us now on (720) 370-9595.