Why Going to a Professional Home Buyer Might Be the Better Move for Your LA Property

Selling your home might sound like a daunting task. On top of gauging the real estate market, there’s going through various buyers (if there are any), many of whom ghost you for better offers on the market. Then there’s the whole process afterwards to close the deal, which include deduction from what you earned from the sale. Thus, the price you put on your home isn’t the same as what you earn. For some, it might seem like a lot of work for a lot less. 

But what if we told you that it doesn’t have to be?  Direct home buyers in Los Angeles – also known as professional home buyers – are the quicker, hassle-free option of selling your house and still getting a fair price.

Here are a few reasons why it’s the better option to consider for your property in LA. 

Faster Sale

Zillow estimates that the average house takes 25 days to sell followed by a 30- to 45-day closing. But take note that this doesn’t apply to all. Ugly houses, houses that are in a bad location, and houses with a variety of problems can leave your property on the market for longer. Also take into consideration the demand for houses in your area, and you could be looking at your property staying on the market for months.

While some have the luxury of time, you might be rushing to sell your home and get money for it fast. Whether it’s a medical emergency or the need for cash fast, it’s possible that all other loan options are unavailable and your home is the only property you have to sell.

Going to a home buyer means a fast deal closed. Home buyers pay in cash, meaning you don’t have to wait for them to apply for a loan to afford your house. You also get a fair cash offer within 72 hours – that’s 3 days to receive and review your application to sell your property. 

No Renovation and Repair Costs

When listing your property on the market, it’s strongly recommended that you do renovations and repairs. First, it attracts more people on the market as there’s little to no repairs needed before they move in. And second, these renovations can increase your property value, fetching higher offers from buyers.

However, these renovation and repairs will cost money. And for some looking to sell their homes, they may not have money to throw at renovations. As a result, they’re at a disadvantage and have to negotiate their price since the cost of renovations will be shouldered by the buyers.

Professional home buyers, however, buy homes as-is. You do not have to perform renovations to attract home buyers as they will buy properties in any condition. Hence, you do not have to pay for any renovations and earn more when you sell. 

No Hidden Costs

Did you know that the average homeowner spends around $15,000 to sell their home? Aside from the renovations and repairs, there are other hidden costs of selling a home, including the real estate agent commissions, taxes, and other miscellaneous expenses. These deduct from what you earn from selling your property.

On the other hand, not only do professional home buyers have no commission fees, but they also handle the inspections and shoulder the closing costs. This means you get the most out of selling your property to them rather than putting it on the market and handling all the hidden costs. 

Fair Cash Offer

Should you try to sell your home as-is on the real estate market, you may be bombarded with negotiations from buyers due to the state of your home. Many buyers are looking for houses they can move into immediately, and it’s normal for them to want to reduce the selling price of your home if they will be responsible for shouldering the costs of renovations and repairs. This means selling your house way lower than what it’s worth in the market.

In comparison, professional home buyers offer you a fair cash offer. They take into consideration factors like location and demand (instead of just the house itself) and can come up with a fair cash offer. All you have to do is accept the offer, and the quick selling process can get started. 

If you’re looking to sell your house in LA for cash, reduce the hidden costs, and close a deal on your property fast, your best option is to go to a professional home buyer. Contact In House Offer today to get a fair cash deal on your property within 72 hours or less.

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