blog-30

In the real estate industry, and so many other industries today, significant changes have been brought about by technological innovations. For example, thanks to a home buying company, without being at a specific location, you can quickly purchase a house online (thanks to today’s technology). Buying up real estate properties is what these companies do. Their goal? At a profit, they’ll sell them off later.

Naturally, there’s more to it than that. Should you decide to sell your home, you may opt to go with a home buying company rather than going through the hassle of listing your home, dealing with the real estate agent, negotiating on a price, deciding whether or not repairs have to be done… you name it. Some home buying companies, in fact, will buy your home “as is”… and some, for cash!

The Workings of a Home Buying Company

Without hiring a real estate agent, directly from sellers, real estate properties are purchased by home buying companies. Compared to traditional house selling processes, there is far less hassle involved. Valuable time can be saved, as well.

Compared to market value, however, a lower price is usually paid by companies that say “We Buy Houses”. You might be lucky enough to get 70% of the value of your home, or possibly only 50%. Many things weigh in to determine the final price. After they purchase the home, they make the renovations and repairs necessary, and sell the house. Ideally, they’ll make money in the process. It’s a business, after all.

Should You Deal with a Home Buying Company?

There are numerous benefits to working with home buying companies, depending on your goals. By working with a home buying company for the sale of your house, you may be able to enjoy the following benefits:

  • They don’t rely on commissions.
  • This is possibly the most convenient way to sell a home or property.
  • If you want to sell in a hurry and you’re in need of fast cash, there is every chance you can receive a quick cash payment for your home.
  • Foreclosure issues can be handled by a homebuying company, saving you from possible foreclosure. That’s much better for your credit report.
  • No matter if your home has asbestos, termite damage, or is in need of other types of repairs (possibly even code violations), some home buying companies will still purchase your property as is. That saves you time, effort, and money on repairs, updates, contractors, upgrades, etc.

Bottom Line

Depending on your circumstances, one great method of selling your home could be by selling it to a home buying company. If you have sold through traditional channels, there are numerous costs you may have had to endure. So, though you won’t likely get your house’s true value, you’ll save money in other areas. It’s up to you to see if this balances out the numbers or simply due to sheer convenience.

Need Help with Buying Your Home? Contact Modern Feather Properties 

Would you like to sell your home in or near Haslet, Texas? Or, perhaps, you would like to buy a Haslet property? We can help you buy or sell. To get started, contact Modern Feather Properties LLC. We are a family/veteran owned real estate investment company providing flexible solutions for today’s homebuyers and homeowners. 

Modern Feather Properties is located at 536 Vidalia Court, in Haslet. Call 214-531-3310 to speak with a representative. If you prefer, email us at josh@modernfeather.com.