Do you need to sell your home due to a job relocation, divorce, or because of your financial situation? If you want to sell your home quickly without putting a lot of money into preparing it, you may be worried that selling it through a real estate agent will not help you accomplish your goals. There is another option—other than trying to sell it For Sale By Owner—that you should consider: selling to a cash buyer.
Here is what you need to know about why cash buyers have become a popular option and why you should consider it when wondering how to sell my house.
It’s Faster Than Traditional Selling
If you list your home with a real estate agent, it can take weeks or even months to get it prepared, to have showings, and to negotiate offers. While some home sellers can afford to wait this amount of time to sell, others cannot. Selling your home to a cash-buying company is up to ten times faster than selling it through a real estate agent or on your own. Many times, you can sell your home and have cash in hand in only a couple of weeks.
You Don’t Have to Repair or Upgrade
You can easily spend thousands of dollars on repairs, replacements, and upgrades your realtor suggests to make your home more appealing to potential buyers. When you sell to a cash buyer, they buy your property as-is. That means you don’t even have to clean out clutter or repair broken steps or holes in the wall before selling. This can save you valuable time and money.
Staging and Showing Are Not Needed
Anyone who has sold a home knows how disruptive it can be to have a professional stager come in and move all their furnishings and then to work their schedules around when the house will be shown to potential buyers. If you’re selling to a cash buyer, staging and showings are not needed. You can sell quickly and get cash in hand so you can easily move on to the next phase of your life.
You’ll Get a Cash Offer
Most people who buy homes secure financing for the purchase. This means a lot of red tape and waiting time on the part of both the buyer and seller and it could be months before you see the proceeds. With a cash buyer, you simply schedule a consultation, have a rep from the company come out for a quick inspection, then an offer will be sent to you. You can simply accept the offer and schedule a closing date that works for you and you’ll be able to get the money you need.
Sell My House to a Cash Buyer: Is it Right for You?
If you’re wondering, “Should I sell my house to a cash buyer?”, you need to consider if you can afford the time, energy, and added costs that come with selling traditionally through a real estate agent. If your answer is no, consider working with a cash-buying company to quickly get your home sold so you can take the next steps in your life.
