Would An Investor Buy My House In Washington DC For Close To Asking Price?

investors buy my house

We buy houses in Washington DC. Are you looking to sell a house in Washington DC? Then this blog post will answer the question, “Would an investor buy my house in Washington DC for close to asking price?” Keep reading to find out the answer…

When it comes to selling your house, you have a couple of options:

  • You can sell it on the market by stating your asking price and then working with an agent to try and find a buyer (or trying to find a buyer yourself).
  • You can skip the “sell-on-the-market” process and just work with a buyer directly (like what we do here at The House Guys) who can offer you a price for your house.

If you’re wondering, “Would an investor buy my house in Washington DC for close to asking price?” then here’s what you need to know:

Why Investors Invest

An investor invests in real estate because they hope to buy at a lower price and either sell at a higher price or rent out the property. Therefore, investors are motivated to find houses that are priced affordably for them to buy.

Before you set your asking price, think about what benefit an investor provides…

Understanding The Asking Price

Your asking price is a starting point for the negotiation. Even if you sell your house with an agent to someone on the market, your asking price will be the starting point and the buyer will usually try to negotiate a lower price.

But here’s what most people don’t realize: the asking price has other factors built in… for example, it assumes that you have fixed up and cleaned up your property so it’s in pristine shape and ready for buyers. And, don’t forget that you have to pay bills, insurance, and taxes on your property the whole time an agent tries to find a buyer (which can take months). And then you’ll have to pay the agent a commission, which might be thousands of dollars.

So your asking price has all of these things “built into it”.

An Investor Skips All This

When you work with an investor, you actually skip all of this. You don’t have to fix up or clean up your house so you can save thousands of dollars there. And, you don’t have to pay bills, taxes, and insurance for months while you wait for a buyer to be found, so you save thousands of dollars there. And, you don’t have to pay a commission because no agent was used, so you save thousands of dollars there.

Add it all up: you save thousands of dollars by selling TO an investor instead of selling THROUGH an agent.

Summary

Selling to an investor allows you to sell faster and avoid all those expenses. That’s why an investor might not be able to buy a house near your asking your price. However, the discount you might provide them is money you wouldn’t see anyway while you wait months and “gamble” to sell your house on the open market.

We Buy Washington DC Houses

We buy houses in DC. Do you want to sell your house fast in Washington DC? The House Guys use a faster, better, simpler way to buy homes, so you don’t have to deal with the hassles of selling with an agent. No commission. No fees. If you’re looking to sell your house fast, get a fair all-cash offer from us. Just fill out the form below or call our office at (571) 207-5171‪.

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