Although the economic shifts of the past year have hit the US housing market hard, things are finally moving again. The numbers are showing that the US housing market is beginning to boom, as pent-up demand from the pandemic fuels a surge in sales. If you are considering selling your home, you have several options.
One of these is to sell your home to a cash buyer, who will pay-in-full for your house in a single and swift transaction. If you want to know more about who buys homes with cash and why this route might be preferable to selling a home the traditional way, read on to find out.
1. Sell Your Home Quickly
When selling houses for cash, the most obvious appeal is that the process is much, much quicky than the alternative. Selling a home from start to finish in the US takes at least 2 months on average, with many states showing averages of more than six months. If you just want to sell up and move on, then selling to a cash buyer will allow you to do so in just a few days.
2. Sell Your Home in Any Condition
If you wish to sell your home the conventional way, you may struggle to do so if your home is not in perfect condition. In fact, a realtor will likely pressure you to spend tens of thousands of dollars remodeling and redecorating your home so that it looks better on their website. These investments often will not make a substantial enough difference to your listing price to be worth it. When choosing a person or company that will buy houses for cash, you can instantly sell your home regardless of the condition it is in.
3. A Cash Buyer Will Not Impose Fees
If you wish to sell your home the conventional way, be prepared to spend thousands or even tens of thousands of dollars on fees. The realtor will take a commission ranging from 1-5% of the list price. Your lawyers will demand fees totaling thousands of dollars. An appraisal service will gladly charge a thousand dollars to check and value your home. If you’re wondering “how can I sell my house fast without paying any fees”, then choose a company that will buy it in cash.
4. Avoid Time-Consuming Home Marketing
Selling your house involves so much more than just hiring a realtor and hoping for the best. You will have to spend a significant portion of your free time marketing your house and preparing it for viewings. Suddenly, all of your free time will feel like it is dedicated to selling your house. However, by selling to a cash buyer, you do not have to engage in any marketing at all. The buyer will simply offer you a serious price for the house that you can choose to accept or reject.
More Home Hacks at Your Fingertips
Knowing the benefits of selling your home to a cash buyer is just one important home hack for 2021. To find out more about the home hacks you need to know, make sure to consult our expertly-curated Home Improvement section today.