Real estate investing is a major piece of the real estate market, but it’s often not as well-known as traditional home buying and selling conducted by individuals who are living in these homes. In today’s blog post, we’ll help you learn more about what a real estate investor is, and how they can make selling your property a breeze.
At Wistar Real Estate in Lincoln and Omaha, we’re pulling back the curtain on real estate investment to show local property owners just how safe, easy, and fast it can be to sell your home, commercial property, or industrial space through our services. Wistar Real Estate connects you with real estate investors who are looking for your type of property right now, be it residential, commercial, or industrial. Contact us today to get started!
What Is a Real Estate Investor?
Real estate investors can fall under many different categories, but what they all have in common is that they buy properties from sellers with the intention of reselling them for profit.
Residential real estate investors may do this through a variety of approaches, including:
- Wholesale investing — the investor buys and then resells the property for a profit, without making any improvements.
- Buy-and-hold — the investor buys the property and retains ownership, most often to rent out the property or grow their portfolio.
- House flip — the investor buys the property, renovates or repairs it, and then sells it for a profit.
- Hybrid buy-flip-hold — the investor buys the property, improves it, and retains ownership for the purpose of renting it out or expanding their portfolio.
Commercial real estate investors, on the other hand, can be divided into categories based on the types of properties they purchase:
- Office properties
- Industrial properties
- Multifamily properties
- Retail properties
In most cases, the investor will retain ownership of the property and turn a profit by leasing it out. However, it is also possible to sell the property to a new owner.
How Is a Real Estate Investor Different from a Traditional Buyer?
Unlike real estate investors, traditional buyers are typically looking to purchase a home or property in order to live in it or use it for personal purposes. For commercial and industrial properties, a traditional buyer would be an individual or company who wants to directly utilize the property for their venture. This difference in end-user intentions can make a big impact on the speed and ease with which you sell your property, be it residential or commercial.
Selling a House to a Traditional Buyer
At Wistar Real Estate, we specialize in connecting Omaha and Lincoln residents and business owners with real estate investors who are ready to buy the type of property you’re selling. There are a variety of benefits from this approach, but we realize it’s not for everyone at every time.
Perhaps the biggest reason an individual or family will choose the traditional home-selling process is that they will often receive higher offers on their property than they would from a real estate investor. However, this benefit isn’t without its fair share of drawbacks.
As a seller to a traditional home buyer, you’ll be responsible for:
- Choosing and paying (via commission) a real estate agent
- Repairing or improving your home to secure an offer
- Scheduling and working around home showings
- Buying decor and spending time staging your home
- Fielding buyer offers
- Complex and drawn-out closing processes
- Paying other fees and taxes
- Potential buyer backout
Selling a House to a Real Estate Investor?
When it comes to selling your home or property to a real estate investor, the process is much simpler, faster, and free from the typical hang ups you’ll run into when selling traditionally. This is because the investor is strictly making a financial decision, not a personal one. While this doesn’t mean the investor you work with is going to be distant or unfriendly, it plays into why you may receive a slightly lower (but still fair) offer than you would from a traditional buyer.
Unlike an individual or family who wants to make your home their own, or a commercial buyer who will use the property for their own venture, a real estate investor is simply weighing how they can make a profit by purchasing your property. The other buyers will be more likely to make higher offers simply because they really like the space, regardless of its actual value.
Benefits of Selling a House to a Real Estate Investor
The “strictly business” nature of a property purchase made by a real estate investor means that the process is faster, simpler, and easier than selling a property to a traditional buyer. All you need to do is decide if you want to accept the offer. There is often little room for negotiation in this straightforward transaction, but this also means you as the seller won’t be responsible for many of the tasks associated with selling on the traditional market. Benefits of selling to a real estate investor include:
- Cash payment in full
- No repairs or renovations needed
- No real estate agent commission to pay
- No staging or multiple showings — the investor just needs to see the property as-is
- No pressure to field multiple offers
- Less likelihood of buyer backout
- Faster, simpler closing process
- Helpful for selling a property in time-sensitive or difficult situations — divorce, sudden relocation, financial hardship, etc.
- Easily sell a commercial or residential property
Sell Your Home or Property With Wistar Real Estate in Lincoln and Omaha
If selling your home or property to a real estate investor sounds appealing, you can get started on the process with Wistar Real Estate. Because of our vast network of investors, we can connect you with the right investor for your property type. There’s no need to search for and meet with multiple cash-for-homes companies or wonder if the property buyers you find are legitimate. All of the investors we work with are verified professionals. Contact us today to begin or to get answers to any questions you may have!