Are you planning to sell your house in the near future? If that’s the case, you’ve most likely done a lot of research to learn more about the home selling process.
Of course, you’ve probably read thousands of articles about how to increase the value of your property, make it more desirable to buyers, and get it ready for sale. But what if you don’t have time to go through the typical house-sale procedure? What if you don’t have the money to do repairs and renovations?
Have you thought about selling your home to a cash buyer? Whether you agree or disagree, this piece is for you. Continue reading to learn everything you need to know about the benefits of Selling Your House to a Cash Buyer.
1- No Realtor Fees
If you want to sell your house in the traditional style, we recommend hiring a realtor. They offer a lot of local knowledge that will benefit you. They can assist you in selling your house more quickly and for a higher price.
Real estate agent services, on the other hand, come with a heavy price tag. For assisting you in selling your home, most agents charge a commission fee ranging from 3% to 6%. In addition, in many buyer-seller transactions, the seller pays for both realtors.
At the end of the day, you could be paying up to 12% of the earnings from your house sale. To put it another way, if you sold your house for $260,000, you would owe more than $31,000. A real estate agent is not required when Selling Your House to a Cash Buyer, saving you tens of thousands of dollars in realtor fees alone.
2- No Lengthy Inspections or Appraisals of The Property
One of the most advantageous aspects of Selling Your House to a Cash Buyer is that you can avoid typical home inspections and assessments. Buyers and/or lenders generally request and/or require both of these services. Naturally, banks and mortgage businesses will not invest in a home until the condition and value have been established.
However, scheduling an appointment for these services can take several weeks. Home inspections and appraisals are also expensive, costing between $300 and $450 each.
3- You Don’t Have to Spend A Lot Of Money On Repairs or Renovations
The majority of homeowners invest tens of thousands of dollars on preparing their homes for sale. Home repairs, updates, and minor renovations account for the majority of these costs.
But what if you don’t have that amount of cash on hand to prepare your home? You could put your house on the market as-is, but it will significantly reduce the amount of interest you receive from potential buyers. As a result, your home may lie on the market for months before receiving a serious offer.
A cash buyer, on the other hand, will make you a cash offer regardless of the condition of your home. A cash buyer may be your only option if you need to sell your home but don’t have the time or money to renovate it.
4- Non-Invasive Home Tours
All of the preparations and costs we’ve discussed thus far in the typical house selling process are in place to attract buyers and produce offers. Providing home tours is a crucial step in obtaining an offer.
Buyers will organize a private tour of your house with their agents (or independently). If you have an agent, they will take care of the tour, but you will have to leave your home while it is taking place. You will be responsible for the tour if you do not have an agency.
In any case, it requires you to take time out of your day to show strangers through your home, which may be boring, intrusive, and inconvenient. There will be only one tour if you work with cash purchasers. A certified representative from the cash purchasing company will come to your home to assess it so that they can make you a fair and accurate offer.
5- Skip the Cleaning and Staging
If you’ve been keeping track, the standard home selling procedure can cost upwards of $50,000, including real estate agents, inspections, appraisals, and upgrades. There are, however, additional expenditures to consider.
In the traditional real estate market, a home’s cleanliness and staging are critical to attracting buyers and receiving offers. Most buyers will avoid a home that is filthy, stinky, and has soiled floors. As a result, many property sellers hire domestic cleaning services to get their properties ready for private tours and open houses.
Furthermore, properties that have been professionally staged sell far faster than homes that have not been professionally staged. These services, on the other hand, can cost hundreds of dollars each month per room. To put it another way, having your home staged would cost thousands of dollars every month.
Cash purchasers are unconcerned about your home’s cleanliness or staging. They understand that stains and filth, as well as left-behind belongings, have no bearing on property prices. As a result, you won’t need to clean or stage your home yourself, nor will you need to hire someone to do it for you.
6- Quick and Guaranteed Closing
When you contact a house cash buyer for a free cash offer, you should hear back within a few days and have your offer in hand. Most cash purchasers will close in 7-14 days if you accept their offer. This is due to the fact that their closing process is guaranteed.
In contrast, there are no guarantees when selling a house the traditional way. At any point, the buyer can back out. For a variety of circumstances, they may also be rejected.
How CashBuyersNY can Help You?
We make the simple 3 steps to Buy your house for cash. At CashBuyersNY, we buy houses in three simple steps and make it easy to get a fair cash offer on your home. You can sell your house As-Is in any condition and avoid the hassle and stress that go with listing with a real estate agent. There are no lengthy contracts, repairs, cleaning, agents, or months of uncertainty when working with Cash Buyers NY. You can even pick the closing date
When you sell your house straight to CashBuyersNY, you can combine the savings from avoiding unnecessary holding fees with the lack of agent charges, and you’ll have a wonderful option for selling your home whenever you want and for a guaranteed cash price. Get in touch with us now and get an offer for your house if you want to Sell Your House to a Cash Buyer