Sellers usually want one number: how long to sell with an agent vs investor, start to finish. On the market in Berkeley, plan on one to three weeks of prep and photographs, two to eight weeks of showings depending on price and condition, then thirty to forty five days from contract to closing while the lender orders an appraisal and works through underwriting. Add time back if the inspection produces a repair list. The agent vs investor timeline on the direct side runs shorter because most of those steps do not exist: a walkthrough, a written offer within a day or two, then a closing set by the title work, which in Missouri usually means one to three weeks. What nobody controls is probate, a lien, or a title defect. Those set the floor either way. Pick the path by which delay you can live with, not by the fastest number on a website. If speed matters, read how we buy houses, or see what we do across St. Louis.
You want to sell your home, and perhaps you need to sell in a hurry and want to get cash for houses in Berkeley fast. Chances are, you arrived at this blog post because you’re hoping to find the best solution for you to sell as quickly as YOU want. Before we get to the answer, it’s important to understand the difference between what an agent does and what an investor does.
When you sell your property with an agent, you are asking the agent to represent you in a sale and to try and find a buyer on your behalf. In other words, you’re selling THROUGH an agent to a buyer.
When you sell your home with an investor, you are actually working directly with the one who will be purchasing the house. In other words, you’re selling TO an investor (they are the local homebuyers in Missouri).
How Long Does It Take To Sell My House With An Agent In Berkeley, MO?
An agent needs to show your house to prospective buyers and try to convince them to purchase. Therefore, they’ll want your property to be in pristine condition, and then they need to find as many prospective buyers as they can to show your home to.
Therefore, it can take weeks or months for you to fix up your house before an agent feels that it’s ready to list. And once the agent lists it, it can take months for the agent to find buyers to show your home to, and for one of those buyers to make an offer (on average, it can take 3-6 months, sometimes as long as 12 months for this to happen). And what people don’t realize is: if the buyer can’t get financing or gets cold feet in the deal then they can back out and you go through the process again.
Therefore, it can take months to sell your real estate through an agent – it all depends on how quickly you can get your house in “showroom condition” and how quickly they can find a buyer and whether the buyer goes through with the purchase.
How Long Does It Take To Sell My House With An Investor In Berkeley, Missouri?
This part surprises most people: an investor can buy your property very fast – some investors can even purchase in as little as 7-10 days if that’s what you want. That’s because the investor is the buyer (so no showings are necessary) and many investors (including us here at Chris Buys Homes in St. Louis) purchase houses in any condition so you don’t have to fix up the property either.
Sell My House In Berkeley, MO
So, should you sell through an agent or sell it to an investor? That’s up to you. An investor is faster so if speed is important to you then you may want to think about selling to an investor. Plus, you don't have to pay any commissions or fees!
As local Missouri home buyers, we’re here to help. Whether you need to sell your house in St. Louis fast or just want to understand the process a bit more, we’ll gladly spend the time talking to you about the home-selling process for your situation.
