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Would Investors Buy Houses In Denver For Close To Asking Price?

Posted on: August 10th, 2016 by , No Comments

 

Investors don’t pay close to asking price do they?

When it comes to selling your house close to asking price, there are options to consider. A house is only worth what it actually sells for after all..

  • You first have to dictate what your house is worth and stick to your bottom line number.
  • You can call a Realtor and let them run a Comparative Market Analysis on your house to figure out how they can help (although you’d have to pay a 6% commission).
  • You can call a home buying company directly and find them in many places through their advertising.

It’s tough to know if anyone would pay close to asking price let alone a real estate investor. But let’s go into more into how investors operate. Each house is relative to the market.

Investors provide a service.

Some people get into real estate investing so they can try and make some quick money. The more accomplished and successful investors get involved with real estate for a purpose higher than money. They get involved to provide housing to the general public and compete with each other to see who can come up with the best designs, architecture and projects. That’s just one an investor provides a service.

You got to know your sale’s price.

In any business of buying and selling we all know both parties involved want the best deal possible. This is where negotiations start but it’s not how people come up with an asking price. Usually a seller has there what they want price and what there bottom line number is. Of course, expecting to get as close to asking price as possible.

A seller should be able to justify there asking price though. It must be comparable with other houses that have sold on the market in the same neighborhood, like with like and in the same condition. Also, another thing to consider is that what you need the money for doesn’t equate to what the house can sell for. Adding debts owed for example, shouldn’t be included in the asking price because even an appraiser will look at the value of the house itself and nothing more.

A house buying company is the end result.

A house buying company is not going to list your property because they are the end result a seller is looking for. This is why a lot of money is saved when selling to a real estate investor if you add up closing costs, holding costs and commissions into the equation of how close to asking price you’ll be able to get when selling directly to a home buyer. Also, you will not have to clean up, do repairs or even be in a rush to sell since the investor is buying as an investment and not a personal residence. This allows you to close on your time frame.

Real estate investors provide a very valuable service and help sellers from many situations the average home buyer may not be able to pull off on their own without the experience. But that doesn’t mean a house buying company is going to be a fit for every seller. It’s all up to you at the end of the day to get as close to asking price as much as possible depending on the property condition, location and situation you are in.

Just click here now to fill out the form or call me direct at 303-997-2045 if you have a house in Denver you’d like to sell hassle free and pay no closing costs with.

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