When it comes to selling real estate, homeowners have two options at their disposal:
- Sell on the market! You can list and advertise your property on the open market. Simply state your asking price and look (typically together with an agent) for a buyer.
- Sell off the market! You can skip the “sell-on-the-market” altogether. It’s not uncommon to work directly with a buyer like us at Sunshine State Buyers. Check out our website >>> We Buy Florida Houses Fast!
If you’re planning to sell a property in Miami or anywhere in Florida, you might be wondering, “Would An Investor Offer Close to Asking Price For My Miami House?”
If that’s the case, stick with us and check out our article below!
What Does Being An Investor Mean?
An investor’s main goal is to invest in real estate and turn around a profit. This is accomplished by buying property, refurbishing them, and then selling at an increased amount.
This means investors need to discover houses that are affordably priced in order to turnaround a profit.
The Asking Price
The asking price is a starting point for negotiations. You shouldn’t assume that you will instantly achieve the asking price for your property even if you work with an agent. Buyers will typically offer lower and you’ll work with them to find a middle ground.
For instance, a high asking price assumes the following:
- The property is market-ready!
- Any building work is complete.
- The property is move-in ready!
- The building is in great shape.
If you’re prepared to set the bar high, remember retail buyers will be on the lookout to find exactly what your property offers that similar properties lack. Retail buyers can be notorious at discovering any justification as to why they should offer less.
Plus, don’t forget while you wait for the perfect buyer, you have to pay bills, insurance, and taxes on your property the whole time. And then, after the sale, you’ll have to pay a hefty commission fee, which could easily total thousands of dollars.
Bypass This Headache By Working With An Investor
Save yourself months of stress and additional costs by selling to an investor. You won’t be asked to do any of the following:
✘ Fix up the property.
✘ Buy new appliances.
✘ Clean the property.
✘ Cover rent, bills or insurrance.
✘ Maintain the property.
✘ Sort out any damage, mold or damp.
Best of all there’s no expensive commission fee at the end of the sale.
By selling to an investor you can sell faster and avoid expensive commission fees and hidden costs.
An agent is unlikely to remind you that you have to cover mortgage payments, utility bills, insurance, maintenance costs, and so on while they spend months searching for a buyer at the same time as representing other sellers in the area.
That’s not the case with an investor! You can sell straightaway and save months of expenses, not to mention the stress of maintaining a property you want to get rid of.
This brings us back to our original question:
Would An Investor Offer Close to Asking Price For My Miami House?
An investor might not be able to match your asking price. However, the discount you offer them is the same money you would lose while you wait months and take the risk of selling your house on the open market.