Are you looking to sell a house in Columbia, the [market_zipcode} zipcode, or anywhere in South Carolina? Then this blog post will answer the question, “Would an investor buy my house in Columbia for close to asking price?” Keep reading to find out the answer…
When it comes to selling your house in the Midlands, you have a couple of distinct options:
- You can sell it on the traditional market by setting your asking price and then working with a real estate agent to find a buyer (or attempting to find a buyer yourself).
- You can bypass the “sell-on-the-market” process entirely and work directly with a family-owned cash buyer (like what we do here at Columbia Cash Home Buyers, LLC) who can make you a fair offer for your house in any condition.
If you’re wondering, “Would an investor buy my house in Columbia for close to asking price?” then here’s what our decade of local experience has taught us:
Why Investors Invest
As professional home buyers in the Columbia area, we invest in real estate because we aim to purchase properties at a reasonable price and either renovate them for resale or maintain them as rental properties. This means we’re actively seeking houses that are priced to allow for our business model to work while still providing homeowners with a fair cash offer.
Before you set your asking price, consider the valuable benefits a local, BBB-accredited investor like us provides…
Understanding The Asking Price
Your asking price is merely a starting point for negotiation. Even when selling through traditional channels (with a real estate agent), your asking price serves as the beginning of a conversation, and potential buyers will typically negotiate for a lower price.
But here’s what many South Carolina homeowners don’t realize: the asking price includes numerous hidden costs… For instance, it assumes you’ve invested in repairs and thorough cleaning to present your property in pristine condition. Don’t forget that you’ll continue paying utilities, insurance, and property taxes throughout the months an agent searches for a buyer. And ultimately, you’ll owe the agent a substantial commission, potentially thousands of dollars.
So your asking price has all of these expenses effectively “built into it” – costs that many sellers don’t initially consider.
An Investor Skips All This
When you partner with a local cash home buyer like us, you bypass all these hassles and expenses. You don’t need to renovate or even clean your house – we buy properties in any condition, saving you thousands in repair costs. You avoid months of carrying costs like mortgage payments, taxes, and insurance while waiting for a traditional buyer. And you pay zero real estate agent commissions or fees, preserving thousands more in your pocket.
Add it all up: you save thousands of dollars and considerable stress by selling TO a professional cash buyer instead of selling THROUGH an agent, especially when dealing with foreclosure, inherited properties, problematic rentals, or homes needing extensive repairs.
Summary
Selling to an established investor like Columbia Cash Home Buyers allows you to sell faster (in as little as 7 days) and avoid all those expenses. That’s why an investor might not be able to match your exact asking price. However, the difference you might accept is money you likely wouldn’t see anyway while you wait months and “gamble” to sell your house on the open market, especially in today’s uncertain real estate conditions.