Everything You Need to Know About Selling to a Real Estate Investor

Nancy Tannehill

Nancy Tannehill

As a listing agent in the Northern Michigan area’s of Bay Harbor, Charlevoix, Boyne City, Petoskey, Harbor Springs and Torch Lake, my extensive knowledge of the area and negotiating skills gives Sellers the opportunity to get the maximum value for their property. For Buyers, I will search until I find the perfect home and then negotiate the best possible deal.

A home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk through the front door. And the way you can instantly envision your life unfolding there. It is about your life and dreams.

I have a love and appreciation for our Troops and Veterans. Being a supporter to organizations such as Toys for Tots and Tunnels2towers. Patriotism, national pride, and love of her country are some examples of her devotions. A lover of all things Michigan, I live in Downtown Charlevoix, with my husband Tavis, our Chihuahua’s Bear, Copper and Dachshund who wishes to remain anonymous (Minnie).

Share Post:

When you sell your property, you may sell it to an individual or a family who are looking to move in and make it their home. But not all buyers are looking for their forever home; some are just looking for their next investment, so it’s important to understand the process and implications of selling to a real estate investor.

recent article from realtor.com answered some common questions homeowners have about selling to a real estate investor, including:

  • How does selling to an investor impact a market? By definition, when you sell to an investor, they’re not planning on using your home as a primary residence. That means they either have plans to flip the home and sell at a profit, or use it as a rental, which can lower available inventory in the market — both of which can drive up prices and make it harder for individual buyers (particularly first-time buyers) to find and buy homes.
  • How do you know if an offer is from an investor? You won’t always know if an offer is coming from an investor. That being said, there are certain signs you can look for that sometimes point to an investor’s involvement, including a buyer approaching you with an offer before you list your home; getting an all-cash offer that’s significantly below your asking price; or getting an offer with an LLC instead of a person’s name.
  • Are there any ways to avoid selling to an investor? Avoiding any type of buyer can potentially lead to a lawsuit. If a buyer is qualified to buy your home, be careful not to decline an offer based upon who they are. That said, if you truly want to ensure your home is not sold to an investor, speak to a lawyer for help establishing a deed restriction, which will limit what your buyer can do with the property.