When you have intentions to sell your house, an important consideration is to ascertain the potential buyer of the property. More often than not, it is this area where you have to face most problems as getting a reasonable client in a specific period is a steep achievement. However, with the Lake Conroe TX real estate, there is an added variable that you have to take into consideration;” I am selling, should I go for an agent or an investor?” The answer to this question can only be achieved when you have clarity on their roles and profile. Here, we would look into three essential elements that differ one from the other and would aid you in choosing the right one for your property.
Buying Pattern
The profound way of distinguishing an agent from an investor is to enquire about their buying pattern. This essentially means determining what would they intend to do with your property. The investors would be looking to invest their resources into the property and would opt to professionally acquire it from your directly. Hence, with the investors, it’s always straightforward.
On the other hand, the agents are primarily looking to list your property on the listing services in a bid to attract potential customers to a productive deal. Agents prefer to list and produce interest in your property among the people referring to the property listing sources. Hence, you have a bigger pool of customers to sell your property to with agents as compared to the investor.
Selling Timeframe
Another prominent distinction in the profiles of agents and investors is the time they would require to buy your property. The investors would provide you with a definite timeline as they are the ones who are actually purchasing your property. They would be precise with their answers as they have a clear idea about when they would be able to buy it from you.
The agents would not provide you with a clear, direct answer as they are banking on the response generated from listing your property and resultantly attracting a serious customer. They have to look for a buyer themselves first, which can take an indefinite amount of time. Typically they would ask for a period of 3 to 12 months for acquiring a client themselves to sell your property to and would then correspond with you.
Commissions?
Theoretically, the most noticeable difference between the two profiles is the commission. Agents are providing a service in the sense that they are assisting you in attracting a reliable client for your property. In that respect, they would mention their commission from the total amount acquired from the selling of your property. The investors, on the other hand, would not offer such conditions as they are the buyers themselves and are not providing service of any sort for you. Hence, with clear distinctions in mind, you can speed up your selling phase by coordinating with the relevant profile from the two.
