The COVID-19 pandemic has undeniably impacted the real estate market, introducing complexities to the traditional sales process. With emotions already heightened and relationships strained, the additional demands of a traditional sale, like multiple showings, open houses, and mountains of paperwork, can feel overwhelming. This is a key reason why more people in Fort Myers are choosing to sell their homes directly.
Direct buyers, like iBuyer companies, offer an alternative to the traditional route. These companies typically streamline the selling process by simplifying paperwork and expediting the closing timeline. For sellers who prioritize a fast and hassle-free sale, even if it means getting a slightly below market value, direct buyers can be an attractive option. In the next section, we will delve deeper into the reasons why people are choosing to sell directly in Fort Myers during Covid-19 and explore the pros and cons of this approach.
Time is of the Essence
Because direct buyers like Core Real Estate Properties typically close faster than traditional home buyers, more people are choosing to sell their homes directly in Fort Myers during Covid-19. No matter if a property is listed with an agent or by the owner, traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. All of these steps gobble up precious time and in the end, a traditional listing carries no guarantee of when, or if, your house will ever sell. The time to sell is now, as more and more people are moving towards purchasing their own homes during the pandemic. If your need to sell is due to a relocation for work or personal reasons, unless you sell quickly, you will likely be carrying the financial burden for two homes. In addition to the stress and expenses of holding two properties, you will either be required to do a great deal of traveling or hire a caretaker for the property you have listed.
Showings Can Be Difficult
For many people, just the thought of dealing with the hassles of showing their property when it is listed on the market is extremely stressful and can truly be a nightmare. This reason alone is why more people are choosing to sell their homes directly in Fort Myers during Covid-19. By selling directly to a company like Core Real Estate Properties, you can eliminate all of the frustrating phone calls asking if your house is available right now to show your home. When you sell directly to Core Real Estate Properties, you won’t have to worry about leaving your home spotless everyday before heading to work, just in case there is a showing while you’re gone. There is also no chance of the discomfort of possibly running into a buyer’s agent or their clients or dealing with rude buyers asking you questions directly. When you work with us here at Core Real Estate Properties there will be no more buyers arguing with you over which furniture you are taking and what you are leaving.
People in Your House
The pandemic has fundamentally changed the way we view in-person interactions, especially within our homes. Having strangers freely wander through your house, potentially carrying germs from different households, cities, or even states, is a significant health risk. This is particularly concerning when selling a property. Traditionally, real estate agents would bring a constant stream of potential buyers through a seller’s home. Now, with heightened awareness of COVID-19 and other transmissible diseases, many sellers are hesitant to expose themselves and their families to this level of contact. This is why, in Fort Myers, we’ve seen a rise in “For Sale By Owner” (FSBO) listings. However, navigating the complexities of selling a home directly requires significant effort and knowledge.
No Repairs Needed
Professional home buyers like Core Real Estate Properties offer a welcome alternative to the traditional home selling process, especially during uncertain times like a pandemic. Since they typically waive inspections, you can sell your house in Fort Myers “as-is,” meaning it goes on the market exactly as it stands. This eliminates the burden of scrambling to make repairs before closing or facing unexpected expenses. Because professional home buyers factor the property’s condition into their offer, they take on the risk of any necessary repairs. This streamlined approach translates to a significantly faster closing timeframe compared to a traditional sale. Core Real Estate Properties prides itself on transparency, providing clear communication throughout the process. Their straightforward contracts are easy to understand and eliminate potential confusion. For sellers in Fort Myers seeking a fast, hassle-free experience, especially during COVID-19, professional home buyers like Core Real Estate Properties are a compelling option.
Legal Risks
While selling your house yourself in Fort Myers might seem appealing, especially during COVID-19, it can expose you to unforeseen legal issues. Real estate transactions involve a multitude of disclosures and legal requirements. If you, the seller, are unaware of a potential problem with the property or neighborhood, failing to disclose it could lead to legal trouble down the road. Even if you were genuinely unaware, a buyer who discovers an undisclosed issue after the sale could sue you, claiming they wouldn’t have bought the house if they had known. This lawsuit could cost you significant time and money, not to mention the stress of litigation. Partnering with a reputable company like Core Real Estate Properties can help you navigate these legal complexities and ensure a smooth, secure sale.
While we can’t cover all of the reasons selling directly may be one of the best precautions you can take to protect yourself and your family here, at Core Real Estate Properties, we completely understand your concerns. At Core Real Estate Properties, we will stop and take the time to listen and we’re more than happy to answer any questions you may have. Please send us a message or call Core Real Estate Properties today at 239-360-3176.