Selling Your Investment Property in Charlotte? Consider a Real Estate Investor
Are you a landlord looking to sell your investment property in Charlotte, NC? Perhaps you're tired of dealing with tenants, maintenance issues, or you're ready to move on to other investments. Whatever your reason, selling your property can be a daunting task, but there is an alternative to listing your property with a real estate agent – selling to a real estate investor.
Why Consider a Real Estate Investor?
- Quick Sale - Real estate investors often have cash on hand and can close quickly, which means you can sell your property without the usual delays associated with a traditional sale.
- No Repairs Required - Investors are typically willing to purchase properties in as-is condition, which means you won't have to spend time or money on repairs or upgrades before selling.
- No Commissions or Fees - When you sell to an investor, you don't have to pay any commissions or fees associated with a traditional sale, which can save you thousands of dollars.
- Avoid Marketing Costs - Listing a property with a real estate agent can be expensive, with marketing costs eating into your profits. Selling to an investor eliminates these costs.
- Flexibility - Investors can often offer creative solutions to fit your unique situation, such as leasebacks or delayed closings, which may not be possible in a traditional sale.
Housing Market Conditions in 2022
As of December 2022, the Charlotte housing market saw a 10% decrease in new listings, a 20.5% decrease in pending sales, and a 15.3% decrease in closed sales compared to the previous year. However, the median sales price increased by 16.7% to $379,890, and the average sales price increased by 14.9% to $444,600. The percent of original list price received decreased by 1.1%, and the days on market until sale increased by 15.8%. The inventory of homes for sale increased by 54%, and the months supply of inventory increased by 100%. These market conditions suggest that it may take longer to sell your property, and you may need to be open to alternative selling options such as selling to a real estate investor especially if you aren't looking to dump money into repairs matching existing sales.
If you're a landlord looking to sell your investment property in Charlotte, consider a real estate investor. Contact us today to learn more about how we can help you sell your property quickly and hassle-free.
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