There are over 2 million real estate agents in the United States. For most homeowners looking to sell their property, the first instinct is to call in a realtor. While it may work out for some, it may not be the best option for you when you are looking to sell a house quickly.
Going through the traditional route can be stressful and frustrating. You may have to prepare the home for listing, stage it, and wait for months on end for a close. There is a more attractive option: selling your house for cash. Here are some reasons why you may want to consider this option.
1. You’ll Receive the Whole Amount
The moment you sign an agreement with the real estate agency, you forfeit a portion of the money as agent fees. The commission may range from 3-6%. You may also need to conduct expensive repairs and pay for staging and photography. When you sell a house quickly for cash, you receive the full amount without deductions. You gain access to ready money to settle your debts or fund your new home purchase.
2. Selling a Home As-Is
Your real estate agent may demand that you conduct major repairs to your house to make it more attractive to potential buyers. Some of the expensive renovations that you complete may not offer any ROI. With cash home buyers, you do not have to worry about your property’s condition. You can benefit from selling a house as-is, even in poor conditions. It is an excellent option for individuals that wish to dispose of unwanted, inherited property.
3. Faster Selling Process
The whole premise of selling a home to ‘we buy home companies’ is the all-cash offer and quicker closing dates. In 2018, listed homes in the country spent an average of 65 to 93 days on the market, from listing to closing. This can be a long period, especially if you wish to sell a house fast. When selling a home fast for cash, you can close your deal within a week. You receive an instant, fair cash offer after a walkthrough of your property and get the chance to choose a closing date of your liking.
4. More Likely to Complete the Sale
It can be quite frustrating to have your home sale fall through due to delayed or rejected mortgages. With cash home buyers, you get to ask for proof of cash to finance the deal before continuing the negotiations. With the ready funds on hand, there is less risk that the sale will not go through.
5. No Staging Needed
With realtors, you may have to organize for home inspections and appraisals. You will also have to keep your property clean and neat throughout the open house sessions. You do not have to worry about staging and photography when dealing with private real estate investors—experience less hassle when you sell a house quickly to cash buyers.
Selling a house fast for cash can help reduce headaches associated with the home selling process. You receive an all-cash offer with a flexible closing date. You can also take advantage of selling a house in bad condition. Spanish Moss Home Buyers are willing to make a fair offer for your home in Savannah, GA.