There are many reasons why you would want to sell your property, and you have different options for selling. You could use a traditional real estate agent, you could try to sell your commercial property to the owner, or you could be selling your commercial property to an San Antonio investor.
Understanding the Buyer
Professional property investors in San Antonio, TX typically close faster than traditional buyers, and usually pay full in cash. Traditional commercial property purchases usually require qualifications from banks, mortgage underwriting time, and property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings.
The usual commission is 3% per side, so if you sell your property for $200,000, you would have to pay $12,000 in commissions alone! Professional property investors also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide mail-away closings which are a wonderful thing for out-of-state owners.
No Preparation Necessary
Professional property investors in TX will usually purchase commercial properties as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. There are some companies that do not require inspections when selling your commercial property, which makes it a truly as-is transaction.
Extended Occupancy
Professional property buyers are in it for the investment. They are not expecting to move into the property on the day of closing. Most property investors will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes. Also, you may not even have to clean the property when you leave. You can simply pack the personal items and furniture you want to keep and leave the rest.
Sell With Confidence
When you decide to use a professional property investor in San Antonio, TX, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your property. You don’t have to worry about your business or tenant’s business being clean and orderly, just in case there is a showing.
You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture your tenants are taking and what they are leaving.