You’ve made necessary upgrades and repairs, you took photos of the property, you set your asking price, and you’ve listed it on the MLS with a real estate agent – all that’s left to do is wait for the right offer, accept it, and sell the home! It might sound easy, but narrowing down your offers is harder than you think.
Most of the offers you’ll receive can be grouped into one of two categories:
- Cash Offers – the buyer has the money and is ready to transfer it to you once the offer is accepted (closing process usually takes a week).
- Financed Offers – the buyer is securing the money through a lender or bank and will transfer the money after 30-45 days, at the least.
One of the toughest questions a homeowner faces when selling their home is whether to sell it to a cash buyer or sell it through a traditional real estate transaction (a financed offer). There are pros and cons to each kind of sale, and the right answer will largely depend on your personal preference and the offers you end up receiving.
Selling Your Home to a Cash Buyer
When someone says they’ll make you an all-cash offer, don’t expect them to show up with a briefcase full of money – that’s not what they mean. While they certainly can ‘pay cash’ in some cases, that’s not a very safe way to exchange large sums of cash. They do, however, have the money in full and are ready to transfer it over.
Here are some of the reasons why someone might consider a cash transaction:
- Most cash buyers will buy the home as-is (no matter the condition)
- No repairs, staging, or improvements needed
- Cash buyers tend to offer a quicker home-selling process
- Most cash buyers try to avoid placing contingencies on the sale
- Less of a headache and fewer chances of things falling through
- Save on closing costs and other expenses that come with traditional home sales
There are plenty of reasons why some home sellers prefer cash offers and cash sales, but there are a few downsides, too. For example, most cash offers are around 60-70% of the real market value, and there’s little to no room for negotiation. Of course, they’re saving you a lot of time, energy, effort, and headache, so it usually balances itself out.
Selling Your Home the Traditional Way
The traditional way of selling a home refers to the use of real estate agents who list the home on the MLS (or through a private network) and receive offers from interested buyers who get approved for a mortgage loan. The money doesn’t come directly from the buyer, but rather from a bank or lending company.
Here are some of the reasons why someone might consider a traditional sale:
- More exposure and a greater overall interest in the property
- Open the door for bidding wars as more people send offers
- Working with a local real estate agent can make you feel more confident
- Gives you extra time to move out and begin a new life elsewhere
- You’ll almost always sell your home for more money than a cash offer
One of the biggest downsides to selling your home the traditional way is the added costs that come with it. Agent commissions, closing costs, contingencies – these things add up quickly. Not only that, but it results in unwanted delays and a flurry of headaches that might make you consider a cash home buyer.
How to Sell Your Home Fast & Easy
If you’re looking to sell your home in record time and without the hassle, then a cash offer is often your best bet. Most cash offers close at least four times faster than traditional real estate sales. You might not get as lucrative an offer, but you’ll end up making a lot of that money back in saved expenses and costs.
At Sell Your House Fast Kansas City, we understand how crucial it is that you sell your house fast, but we also understand you don’t want to sacrifice too much of your asking price. That’s why we do our best to make you a fair, honest, and no-obligation cash offer – one where we all win. Here’s how it all works:
Step 1: Provide Your Information
First, you’ll need to send us some basic details about the home to give us a better idea of what type of property it is, the features it has, how big it is, how many rooms it has, where it’s located, the surrounding area, and what condition the home is in – we buy homes in any condition, so it’s okay if it’s abandoned.
Step 2: Schedule a Home Tour
You should receive a response from us within 24 hours. Before we can send you the cash offer, we’ll need to perform a quick home tour to confirm what we think we know about the property. You can schedule an in-person or virtual tour – whichever one is more convenient for you. Either way, we’ll make it work for us.
Step 3: Receive Your Cash Offer
Within a few days, you’ll receive a free, no-obligation, honest, and fair cash offer for your Kansas City home. Since we pay all closing costs (in most cases), you’ll be saving an enormous amount of money in commissions and other expenses. In the event you receive a better offer, you can walk away for free.
Contact SYHF KC for a Cash Offer Today!
Are you struggling to sell your house on the real estate market? Are you trying to bypass the need for a real estate agent? Do you need to sell your house fast so you can get out of your mortgage? Are you ready to receive your free, no-obligation cash offer for your home? If so, then you came to the right place.
At Sell Your House Fast Kansas City, we take pride in making some of the most competitive cash offers you’ve ever seen. Our goal is to put money in your pocket now, so you can move out of your home comfortably. If you’re ready to receive your cash offer, contact Troy Kearns to begin the process today!
