Sell through real estate agent vs. Buy home for cash- Make an informed decision!

Selling a house can be intimidating process-from home inspections to staging the property for viewings to legal paperwork. All these things are not only time consuming but have cost attached to it. Most of the homeowners choose the traditional route of hiring a real estate agent so as to sell house fast Dayton OH. 

However, you may have also heard of ‘we buy homes for cash’ companies but would have ignored thinking that this could be a scam. However, this is far from the truth. We buy a home for cash companies can offer you a quick and a hassle-free sale with immediate cash payment. Let’s see how-

Time taken in closing the deal

Most of the real estate agents take about a couple of months to complete the deal. For instance, if you have a financial need or you are relocating and want to sell house fast Dayton OH then dealing with real estate agents can be a challenge. They have a process to follow, where your property is first inspected and then you will have to get the necessary renovation done according to the report. Sometimes, this process can go on and on. On the other hand, the cash buyers don’t involve any third party and can buy your home as-is and provide you with instant cash, thus ensuring that you are able to sell house fast Dayton OH.

House valuation

Cash buyers will never ask the seller for renovations or any repair work. So if you want to sell house as-is Dayton OH you can avail the services of a reputable cash buying company. They are only interested to buy the property and have their own team of skilled professionals to get the necessary facelift done on the property if the deal finalizes. This is one of the reason that they may offer a price which is a bit lower than the market rate. However, if you see the advantage of this as a seller is that you are not only unloading the property faster but also saving the cost of repairs and maintenance which is typically demanded by realtors for enhancing the curb appeal of the house.

Financial contingency

The prospective buyers that the real estate agents engage for your property are dependent on loans. In such cases, there are chances that the buyer may be declined a mortgage that will bring the seller back to square one. However, the cash buyers have the capability and cash reserves to pay you immediately.

Commission and the fees

The real estate agents charge a significant amount as fees or commission. If you analyze your spending on repairs, proceedings, and commission, you may end up spending a huge amount. With cash buyers, there is no such commission involved.

You pocket all the cash 

On the closure of the deal, cash home buyers pay the entire amount in cash. So if you have a debt-burden or you need immediate funds for any personal reason, you will have it all. However, this not the case in real estate agent deals, you may have to wait for a couple of weeks or months to complete the whole process.

So, if you want to sell house quick Dayton OH and also need quick money, we have listed the factors above. Make an informed decision today!