If you are trying to sell your home or even just thinking about it, you may or may not be considering whether it would be a good idea to sell to a cash buyer. Many people don’t even consider this option when they start the process of selling their house, but there are plenty of reasons it may be a better choice for you.
If you need or want to sell your home quickly, there’s no better option than a cash home buyer. It’s the fastest way to sell a home. Cash purchases can be completed in as little as a week or two, while traditional purchases will take at least a month. And that’s not even counting the time the house sits on the market, whereas you can get an offer from a cash buyer in a matter of days, or sometimes even hours.
Selling your house to a cash buyer streamlines the process significantly. All you have to do is ask the buyer to evaluate your home, wait for an offer, and then accept. What could be easier?
Selling to a cash buyer is much cheaper than the traditional way of selling a house. Why? There are no real estate agents to pay. You’re working directly with the buyer, so there’s no need to pay a middle man to help you sell your house. Real estate agents typically charge a commission of 6% of the sale price. That means less money for you.
Advertising your home? No need, because you already have a buyer. Costly repairs that you’re responsible for as a condition of a buyer’s offer? None; a cash buyer will buy your house as-is and take care of any necessary repairs once they own it. Even houses that need extensive repairs or have code violations can be sold as-is.
It’s Low Hassle
When you sell to a cash buyer, the process is so easy and simple, you barely have to do anything. Just wait for the buyer to evaluate your home and make an offer, and that’s it. You don’t have to do any repairs, any cleanup, or any staging. You don’t have to be constantly ready for potential buyers and real estate agents to walk through the door with little or no notice. You don’t have to maintain your house like a sterile model home. You can just continue living in it.
You Can Move When You Want
One of the best parts about selling your home to a cash buyer is that you can move whenever you’re ready. If you need to unload an unwanted house, need to move on short notice, or just don’t want to deal with the hassle for any longer than you have to, a cash sale will let you sell your house and move almost immediately. No long waits, no searching for a buyer, no extended negotiations.
Not ready to move right away? That’s okay, too. Cash buyers are generally pretty flexible and will work with you to schedule a closing date that works for you.
Not ready to move at all? Maybe you’re worried the offer will be too low and you can’t back out, or maybe you change your mind at the last minute. Maybe you don’t even want to sell and just wonder how much your home is worth. No worries, there’s no obligation to sell your home. You’re free to reject an offer and walk away at any time.