If you’re interested in selling your home for cash, here are some FAQs to help you gain an understanding of what this process entails—and why it may be beneficial for you.
A: Real estate agents work closely with buyers and sellers to facilitate real estate transactions. Cash buyers differ from real estate agents because we purchase properties directly from homeowners. Since there’s no financing as part of our transaction with you, we are able to provide a quick and hassle-free selling experience.
A: If a real estate agent sells your home, they will earn a 5-6% commission on it. That means that if you sell your home for $100,000, you owe your real estate agent anywhere between $5,000-$6,000. One huge advantage of working with us is that we don’t earn commissions and we don’t charge fees.
A: We’ll determine the price to offer on your house by taking into account numerous factors, including its size, condition, and location. The price we offer you on your home reflects our strong interest in acquiring your property, so we’ll present you with a competitive offer that we hope you’ll happily accept.
A: We buy houses and do not list on MLS. The reason for this is simple—the MLS (Multiple Listing Services) is a database that’s only accessible to real estate agents and brokers who are listing properties for sale. We are looking to buy properties, not sell them.
A: We take great pride in paying fair prices for the properties we buy. We closely assess your home and the neighborhood in which it is located so we can offer you a price that we consider fair—if you agree, you can accept it and then we’ll move forward with the sale.
A: If you sell your home to a cash buyer, you’ll receive your money in 7 to 10 business days, on average. Rapid transactions make selling your home to a cash buyer appealing, especially if you would rather not deal with all the uncertainties associated with a traditional mortgage sale.
A: When you work with a cash buyer, you can take comfort in knowing that we buy your home as-is. This saves you time and money—there’s no need for you to make any repairs or renovations, even if your property requires extensive work or if you can’t afford to invest in upgrades that a real estate agent will likely recommend in order to attract more traditional buyers currently perusing the market.
A: Financing issues, inspections, and appraisal requirements are just a few examples of contingencies that come with working with a real estate agent. When you sell your home to a cash buyer, you won’t encounter such contingencies because when we make you an offer, we’re prepared to move swiftly and close quickly without bank loans or financing potentially creating hiccups in the process.
A: When you work with a cash buyer, you can expect a quick, convenient, and streamlined process. The peace of mind of a guaranteed sale is priceless, especially if you need a quick influx of cash and/or if you need to sell your home quickly (perhaps you’ve purchased a new home or you’ve received a job offer that requires you to relocate).
A: It really is! We cash buyers want to make selling your house as hassle-free and straightforward as possible. Contact us today to learn more about selling your home for cash!