On average, houses stay on the market for about 56 days before they’re sold.
Do you need to sell your house faster than this? If so, choosing to sell your house for cash might be a better option.
Listed below are the top three reasons to consider this approach.
1. More Money in Your Pocket
When you choose to sell your home fast for cash, you get to keep more money from the sale.
Selling homes in the traditional way requires you to pay a realtor’s commission. That seriously eats into your profits. Don’t forget about all the other fees associated with selling a house or making repairs before you list it, too.
If you want to sell your house in the most cost-effective way possible, working with a cash buyer is often the best approach to take.
2. Fewer Hurdles to Jump
The process of selling your home for cash is far less stressful than a traditional sale, too.
When a person sells their house on the market, they often have to make lots of repairs, stage their home, and make plans to come and go at odd hours so people can come and tour it. There’s also all of the paperwork, inspections, and appraisals that take place during a typical sale. All of that adds up to some major stress for you and your family.
Want to avoid all of this stress and move on with your life as quickly as possible? Then a cash sale is a great option.
3. Less Risk
Finally, there are fewer risks associated with selling your property for cash. As long as you’re working with a reputable buyer, the chances of the sale not going through are very slim.
When you sell your house on the market, there’s always a risk that the buyer’s loan won’t get approved or that something will go wrong at the last minute. Since cash buyers work in, well, cash, they rarely run into this problem.
How to Sell Your Home for Cash
Are you more interested in trying to sell your home for cash now? If so, here are some steps to take today. They’ll help you get the house off the market and get money in your pocket as soon as possible:
- Contact a qualified cash buyer
- Schedule an appointment for a walk-through
- Review the buyer’s offer (most provide offers within 24 hours)
- Accept or reject the offer (remember, you have no obligations just because they did a walk-through of your house)
- Sign the purchase agreement
- Close on the sale
This whole process usually takes 1-2 weeks. That’s far less than the typical closing on a house sold with a realtor.
Sell Your House for Cash Today
Clearly, there are lots of reasons why you might want to sell your house for cash. If you’ve been on the fence, be sure to keep these benefits in mind as you weigh your options and make your final decision.
Need more real estate advice? Need answers to questions like “how to sell my house fast” or “who should I call to sell my house for cash?”
We’ve got you covered. Check out some more of our real estate blog posts today to learn everything you need to know.