You may need to sell your home quickly at times. It doesn’t always matter. If you’re short on time and want to know “how long does it take to sell a house with an agent vs. an investor?” this blog post will help you figure it out…
You want to sell your home, and you may need to sell quickly. Most likely, you’ve arrived at this blog post in the hopes of discovering the best solution for you, one that will allow you to sell your home as quickly as you want.
Before we get to the answer, it’s crucial to understand the distinction between what an agent and an investor do:
When you hire an agent to sell your home, you’re asking them to represent you in the transaction and try to find a buyer on your behalf. In other words, you’re selling to a buyer THROUGH an agent.
When you work with an investor to sell your home, you are working directly with the person who will be purchasing it. To put it another way, you’re selling to a potential investor (they are the buyer).
Now that you know the difference, let’s see how long it might take…
How Long Does It Take To Sell My House With An Agent Vs An Investor?
A real estate agent will show your home to potential buyers and try to persuade them to buy it. As a result, they’ll want your home to be in pristine condition, and they’ll need to find as many potential buyers as possible to show it to.
As a result, it may take weeks or months for you to finish fixing up your home before an agent considers it ready to sell. And once the agent has listed it, it can take months for the agent to find buyers to show your home to, and for one of those buyers to make an offer (on average, this takes 3-6 months, but it can take up to 12 months). What most people don’t realize is that if the buyer can’t get financing or loses interest in the deal, they can back out, and you’ll have to start over.
Therefore, selling your home through an agent can take months – it all depends on how quickly you can get it in “showroom condition,” how quickly they can find a buyer, and whether the buyer completes the transaction.
This part surprises most people: an investor can buy your house very fast – some investors can even buy in as little as 7-10 days if that’s what you want. That’s because the investor is the buyer (so no showings are necessary) and many investors (including us here at Present Day Properties) buy houses in any condition so you don’t have to fix up the property either.
So, should you sell to an investor or through an agent? It’s entirely up to you. An investor is faster, so if speed is important to you, selling to an investor is the better option.