Selling your house to a realtor who claims to buy any home in any condition may seem like a convenient solution, but it may not always be the best option. While it is true that houses in good condition typically bring in higher prices than those in poor condition, it is also possible to over-improve a home and lose money if the return on investment does not match the expenses. Therefore, it is essential to consider whether the price offered by the realtor is fair and reflects the current market conditions.
Before making a decision, it is crucial to ask the realtor several questions, such as whether they are licensed, work full-time, and how long they have been in the business. It is also essential to factor in closing costs, which can be as high as 8 to 10 percent of the sale price. Additionally, home sellers should be prepared to move quickly, as the average time it takes to sell a house is between 65 and 93 days from list to close. Finally, it is important to fulfill closing obligations to ensure a smooth transaction.