What Are Companies That Buy Houses?

When you decide to sell your house, your first thought may be to do a traditional home sale. In a traditional sale, you hire a real estate agent, list the house, and hopefully get into a bidding war with buyers with a sizable profit as your end game. If that’s your strategy, you’re not alone. Most home sellers go the traditional route when selling a house.

However, if the traditional method of home-selling doesn’t work for you, or your circumstances make it difficult, you can work with a company that buys houses in your area. The company appraises your house, makes a cash offer, and buys your house as-is. You make no repairs, pay no closing costs, and don’t have to hire a real estate agent.

What You Need to Know About Companies That Buy Houses

Companies that buy houses are essential local home buyers that are looking for real estate investment opportunities. Like any other investor, the company hopes to make a profit.

However, home buyers differ from other types of buyers, such as iBuyers, investors, or brokers. These differences distinguish home buyers and why you should choose them when selling your home.

House-Buying Companies Are Seasoned Buyers

The best companies that buy houses have been around. They have engaged in dozens of real estate transactions with home sellers over a period of several years. Many of them have worked in the real estate industry in various capacities before buying and selling houses. They have also built a solid reputation with home sellers, partners, and real estate professionals in the area.

House-Buying Companies Work with You Regardless of Your Situation

If you have an old or damaged home or you are in a situation that makes it difficult to sell your house, the average buyer will not even look at your property. A professional home buyer works with sellers in all types of situations: foreclosure, bankruptcy, probate, divorce, new job, downsizing, rental houses, etc. You have more flexibility and options to sell your house fast.

House-Buying Companies Speed Up the Home-Selling Process

A traditional home sale can take months to complete. When you consider everything you have to land a deal – home repairs, hiring a realtor, listing and staging the house, finding a buyer, negotiations, and, finally, closing the sale – it may be too much for you to handle. A company that buys houses speeds up the process by eliminating nearly all these steps.

House-Buying Companies Are Not Real Estate Agents or Brokers

Home buyers do not broker or moderate real estate deals like agents or brokers (although some buyers have their realtor license). In other words, buyers do not make a commission off the sale. Instead, they are the ones that buy your house. The transaction is exactly like selling your house to any buyer without an agent in the middle.

House-Buying Companies Are Dependable

You may get an offer from a buyer claiming to be in the “process of getting a loan.” However, the deal falls through because the buyer didn’t get the loan, leaving you to start over with another buyer. This can happen multiple times when you are selling your house, and it can be frustrating. Professional buyers are already pre-qualified and ready to move forward with buying your house the instant they make an offer.

Sell Your House As-Is for Cash to Ernest Buys Homes

If you need to sell your house and want to work with a reputable buyer, then contact Ernest Buys Homes. Let s appraise your house and make a fair cash offer today. Call 865-292-2499 to get a fast cash offer today.

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