Selling a house can be a long, tough process.
In Kansas City's current market, which is forecast to be slow compared to the rest of the country, it might be even tougher. If you are among the many Kansas citizens looking to move this year, you should be thinking "how can I sell my house for cash?"
Selling for cash has a number of advantages. The sale can be processed faster, and you save a ton on realtor fees.
So how do you know if selling for cash is right for you? This article will break down the facts and make sure that you get the most bang for your buck, fast!
Fast Money When I Sell My House For Cash
The biggest advantage of selling your house for cash is the speed of the sale.
Instead of weeks or even months of house showings and negotiations with buyers, selling your house for cash means you get your money fast.
If you have got to move, or need cash quickly for any other reason, selling your home this way could mean getting your payment in as few as seven days instead of months of waiting.
Avoid the Difficulties of Selling a Rundown House
Does your home have some serious issues that would turn most buyers off?
Issues with plumbing, electricity, mold, or even just ugly design can make it seem impossible to sell your home for a fair price. These issues can seriously impact the market value of your home, and make buyers wary.
People looking for a cheap fixer-upper or simply a property to demolish and rebuild on the lot won't be willing to pay high prices.
Fixing your home up to prepare it for sale is time-consuming and costly. You need to think about buying materials such as paint and new light fixtures, or even hiring professional contractors. These expenses can add up fast!
Plus, if you are inexperienced with home repairs, trying to flip a house — even your own — can cause you to lose much of the money you invest in repairs.
The buyer will know exactly how to make the repairs and fix up the house cheaply, so they are willing to buy a less that perfect house. By choosing to sell for cash rather than trying to fix the problems yourself, you can pass all the renovation costs onto the buyer.
Instead, selling your home for cash to a fair agency means you can get a good price without having to deal with all the added stress, work, and expense.
Deals Don't Fall Through When I Sell My House for Cash
One of the most frustrating parts of selling a house is when a sale falls through because the buyer couldn't get a loan, or backed out at the last moment.
All the expense and time you put into staging the house and negotiating the sale have basically gone to waste. Plus, you might even have had to turn down other offers, only to be left right back at square one.
When you decide "I want to sell my home for cash," you will only be dealing with a buyer who already has the money to purchase your home up front.
This means that once you accept an offer, there is a far less likely chance that the deal will fall through.
Easier Negotiation Process with Cash Sales
When you deal with a company that will buy your home for cash, you will typically have a much smoother negotiation process. This company has handled this process before, and the right company will want a fair outcome for both parties.
This shared goal can make for a much smoother negotiation process than you might experience in a sale to regular buyers. Instead of the tricky, detailed negotiation between real estate agents, you can get a fair sale decided without a lot of back and forth.
Leave Behind Costly Real Estate Commissions
When you sell your home through a real estate agent, there will always be a large chunk of the sale price that goes to cover other expenses. This means that the full value of your home won't be going into your own pockets.
Instead, a percentage of the sale price will go to paying your estate agent. Their commission is generally around 5.1% to 6%. As the seller, you're usually responsible for paying all of it, half to your real estate agent and half to the buyer's agent.
So, if you're selling your home for $400,000 and the commission is 5.1%, you will be paying $20,400.
Add all the other costs associated with selling a home and any fees that might be charged for staging, photography, and advertising, going with a real estate agent can be costly. And, if your house doesn't sell quickly, these costs will keep adding up.
If you decide to sell your house for cash, you can avoid all of these extra costs and problems throughout the process. In fact, we don't charge any commission or costs. The only money that changes hands is when we pay for your house in cash.
From the quote to the offer to the sale, you'll know how much money you'll have in your pocket at the end.
Getting Help to Sell My House for Cash
It is not surprising if these many benefits made you decide "I would like to sell my house for cash!"
The next step is getting started with a quote. With a free quote, you can get a better idea of how much your home is worth and whether selling for cash is right for you.
As experienced home buyers, we can help you through the process of selling your home for cash, fast. We will see what we can do to help you achieve your goals with a fair offer.
Do you have more questions about the process of selling your home for cash? Want to know more about our process, or any explanation of your quote? Contact us today to find out more.