Are Real Estate Investors Better Than Individual Buyers?

Sold Home with the sign focused and house blurredIf you’ve ever faced the need to sell your property, you may have many questions: How long should you wait to pull the trigger on an offer? What’s the highest you can sell your house for? Should you sell your house for cash?

You might even receive offers both from individuals (e.g. your neighbors and relatives) or real estate investors like Klamen Real Estate. Can you rely on individual buyers more than brokers when selling your St. Louis house for cash?

Here are some advantages of selling your house to real estate investors:

Reliability

Imagine if someone makes a great offer to buy your house. After the verbal and written handshake, the would-be-buyer applies for a cash home loan. A week later, the buyer receives a letter from the bank, saying the loan request was rejected.

In this case, it’s best to sell it to an investor. Unless the person who made an offer has the cash on hand to buy the property, it can take weeks for the transaction to be resolved. Even then, it’s not guaranteed to succeed. Time would be lost, and you would have to go back to the drawing board and wait for offers again. This is not the ideal place to be for those who need cash urgently.

Documentation

With brokers, you can have some more peace of mind. If someone makes an offer to flip your St. Louis property, you can always ask them for a license. This way, you can find out whether they are authorized to practice in the state of Missouri and protect yourself from any scam.

Real estate investors are trained to appraise properties and make the best offers for your house. If you’re in need of quick cash, you can inform them that you’re receiving cash offers by sending them an e-mail, filling out a web form, or even by calling them.