What Is a Direct Home Buyer and Are They a Good Option for Sellers?
Selling a home may bring good things, like the chance for new beginnings and monetary proceeds. However, depending on the circumstances, the stress and amount of work needed to complete the sale may be an unwanted burden for some homeowners. Either due to personal difficulty or a house in a significant state of disrepair, some homeowners might seek a faster or easier path to closing day.
That’s where direct home buyers can enter the picture. These individuals or companies will buy your home for cash — albeit typically for less than you would fetch on the open market — in exchange for the convenience of a smoother and quicker sale process.
Although there’s a lot to consider before deciding to sell your home to a direct home buyer, experienced North Carolina real estate agent Alyson Gulassa who serves the Ginger Vereen Peters brokerage team in Raleigh-Durham, says the biggest misconception about selling to a direct home buyer is whether you can still use an agent.
“When you operate with a house-buying company, you can choose to have representation in many cases,” Gulassa says. “I think that is something that potential sellers don’t always realize.”
Having representation or not is no small matter. Even though direct home buyers promise convenience, they ultimately act in the company’s best interest, not your own. Furthermore, although there are many legitimate companies operating in the market, disreputable companies also exist, so it’s good to have someone experienced on your side.
