Many people sell to a cash home buying company because it’s fast and convenient. But you may not realize how the benefits of a quick sale can benefit you. The simple process and direct sale of a cash buy bring multiple advantages.
You Don’t Have to Make Repairs
In a typical sale, you have to fix up your house before putting it on the market. Whether you do it yourself or hire someone, the work can take several weeks. Since listing involves photographs and showings, you won’t want to list it until everything is finished.
In contrast, cash home buying companies will buy your home in its present condition. You never have to make repairs, declutter it, or make cosmetic changes. This saves you both time and money. The benefit extends to costly repairs, like a new roof or furnace.
You Don’t Pay Commission
When listing a house on the market, the selling price is only a starting point. Whatever the buyer offers, up to 5 to 6% of the sales price is deducted off the top for commission. Then there may be other closing costs and fees to pay. That’s not the case with a cash sale to a home buying company. They don’t hire brokers or agents, so there’s no commission charged. You walk away with the full amount you are offered.
You Can Get Cash Quickly
At certain times in life, you may need a great deal of cash, and you may need it quickly. You may have lost a job and can no longer afford to pay your mortgage. Or, you may need to relocate immediately because of a family emergency.
In these situations, you don’t have the time and mental energy to deal with a long, drawn-out sales process. Selling to a cash buyer takes less than 30 days, start to finish, and there’s no burden on you. You can sell the home and move on to whatever comes next in your life.
People sell their homes for many reasons and, often, the traditional sales process works for them. But, if you want to avoid the hassles, delays, and uncertainties, or if you need cash quickly, you should investigate selling to a cash buying company. You may find more benefits than you imagined.
See how other Utah homeowners benefited from selling to a cash buying company by clicking this link.