More than 5.34 million homes sold to new buyers in 2019 alone and demand for homes isn’t fading. But selling your house with the help of a realtor isn’t the only way to help you get out of your old home.
In fact, selling your home for cash can be a smarter, better alternative to the traditional selling process. It’s faster, easier, and often less stressful.
If you’re on the fence about working with a real estate agent or trying to sell your house on your own, don’t rule out selling for cash. Here are a few great benefits you’ll experience when you do.
1. You’ll Get the Money Fast
When you sell your house with a realtor, the process can take a long time. It all depends on how many buyers are interested in your property, the other homes available in your area, and the price you set.
But finding a buyer isn’t the only challenge. You also have to wait for their lender to approve the loan. Then, you have to wait even longer to close on the sale and get the money you need to buy a new property.
When families sell homes for cash, they get the money in a matter of days, not months. That makes it easier to move to your new home and gives you the freedom to use the money however you see fit.
2. You Won’t Have to Pay a Commission
When you work with a realtor, you have to pay a commission for their services. Remember, they’re in charge of marketing your property and helping you navigate the legal side of the sale.
That commission may be a small percentage of the sale price, but it still adds up to thousands of dollars.
When sellers accept cash offers for a house, they’re able to keep that full amount. Since you’re not working with a realtor, you won’t have to worry about paying commission or covering any additional fees.
3. You Can Sell the House As Is
Ordinarily, when you sell your house, you want to make it look as attractive as possible. This helps you get a better offer on the house and encourages buyers to take notice of the property.
Unfortunately, every repair you make is one you have to pay for. Those repairs can add up and eat into the amount you get from the sale of the property itself.
However, when you sell your home for cash, you’re able to sell it in whatever condition it’s in. You don’t have to worry about making repairs or staging the property. Selling your property as is means you get to keep more of the money from the sale in the long run.
Selling Your Home for Cash Can Be Smart
If selling your home quickly is a priority, selling your home for cash is your best option. When you do, you’ll be able to experience these benefits firsthand.
Just make sure to entertain multiple offers if you can. This way, you’ll know you’re getting the best price for your home.
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