If you have heard of selling your home to a cash buyer, one thing that may be deterring you is that you can’t get as high of an offer as you could selling it a traditional way. However, did you know that selling your home to a cash buyer can actually save you a lot of money? With traditional methods of home-selling, there are a lot of hidden fees that can quickly eat away at a high offer. Opting to sell to a cash buyer is often a much better choice for getting the most money for what you are selling.
When you sell to a cash buyer, you work directly with the buyer to complete all the negotiations. Because you are working directly with the buyer, there is no middleman like a realtor or other outside agent. Realtors and agents often take significant commission cuts out of the offer price in traditional selling and charge for various time and services. All of these extra charges can add up to a lot, meaning that the amount of money you actually receive for your home can be much lower than what you were originally offered. With selling to a cash buyer, there are no middlemen or hidden fees, so the price you agree on one-on-one with the buyer is exactly what you will receive for the house.
Another benefit to selling your home to a cash buyer is that you don’t need to complete any repairs before selling. Cash buyers are willing to buy houses as-is and very quickly. When selling traditionally, you can rack up expenses by completing costly repairs in order to make your home more marketable and competitive. These are repairs you won’t even enjoy while you are living in the home, so they cause very unnecessary expenses that waste your money.
Homes on the regular housing market can take long months or even years to sell. During that time, there are regular costs for keeping listings up, paying agents, and maintaining the home. Additionally, having a home on the market longer can cause depreciation. Selling for cash will ensure that you quickly get a fair amount for your home.
Selling your home to a cash buyer will always get you a fair price. On top of that, you save a lot of money by avoiding expensive pitfalls of traditional selling. If you value cost effectiveness in home selling, make sure to check out selling to a cash buyer.
To find out how much you could take home for your house today, contact Simply Sold here.