What are the benefits of selling your house fast for cash?
Listing with agent
While you may be able to get a higher sales price listing your house with a traditional real estate agent, it does come at a cost.
In exchange for a possible higher price, you’ll be burdened with all of the risk, expense, time commitment and stress that this process requires.
Sell your house for cash fast
On the other hand, you could sell to a professional home buyer.
This strategy is mainly for people who are willing to sacrifice a bit on the sales price in exchange for a fast convenient sale with no hassles.
For many, selling at a lower price makes sense in return for the elimination of commissions, fees and the expedited timeline which can quickly outweigh the cost of carrying a house.
 |
Listing with Agent |
|
|---|---|---|
| Process | Simple and convenient | Complex and uncertain |
| Timeline for the entire process | In as little as 7 days | 6 months on average |
| Commissions paid | Zero, zip, zilch, nada | 6% on average |
| Closing costs paid | We pay all closing costs | 2% on average |
| Repairs needed to sell | We buy “as is”. Never worry about repairs or cleaning. | Most likely |
| Upfront cost? | Not a dime | As much as it takes |
| Number of showings | 1 (Just Us) | As many as it takes |
| Closing date | You get ot pick the closing date | At the mercy of buyers |
| Sale contingent on buyer financing | We’re ready to pay in cash right now | 15% of sales fall through |
| Sale contingent on home appraisal | No | Most likely |
| Sale contingent on sale of the buyer’s property | No | In most cases, yes |
| Sale contingent on official home inspection | No | Of course |
Which option is best for you?
If you are facing tough circumstances or just in a hurry to get cash for your house, selling a house the traditional way can end up costing more versus selling at a reasonable discount today. We encourage you to work the numbers to see which option is best for you!
