Five Things You DON’T Have to do When You Sell for Cash

Selling your home can be a stressful and time consuming endeavor. From prepping it for the market, retaining a real estate agent, and hoping you can actually get qualified buyers, there are a lot of things that have to fall into place for a home sale to happen. Even with the help of a realtor, you’re looking at a lot of work, time and money, and no matter what, there are almost always at least a few hiccups in the process.

That’s why more and more people have started utilizing real estate experts who will purchase your home for cash. Being able to sell your house for cash is appealing for many reasons, as it removes a lot of the pressure from those sellers struggling to get their house on the market. All the things you have to do to before you can sell your house, as well as concerns about whether or not your buyers are qualified and making sure the deal doesn’t fall through, are real worries that homeowners have to think about when it comes time to sell.

When you sell your house for cash, that to-do list and worries become things you really don’t have to think about anymore! Instead of all the things you’ll have to do to sell your home, take a look at all the things you don’t have to do when your home is purchased for cash:

You don’t have to get (and pay!) a realtor

Depending on where you live, most realtors take a commission of 2.5 to 3%, based on the sales price of your home. As the seller, it is your responsibility to pay that fee, which can add up to tens of thousands of dollars. Sellers are also often required to pay the commission for the buyer’s agent as well, which means you’re losing upwards of 6% of the sales price of your home. With a cash purchase, you don’t have to worry about any realtor fees or commissions.

You can avoid expensive and time consuming upgrades or maintenance

In order to get your home looking as good as possible before you put it on the market, your realtor is likely to suggest that you take care of any deferred maintenance and do some upgrades around the house. This can mean painting, new carpet, fixing that cracked window, or even replacing the roof. These projects are, at the very least, time-consuming, not to mention often quite expensive. Going with a cash purchase means your house can be sold “as-is”, without having to invest in any kind of repairs or improvements.

You don’t have to wait 30 – 45 days to close

There are plenty of reasons you might not want to wait around for the buyer’s mortgage lender to schedule a closing date. Maybe you’re moving to a new state and need the money right away, or maybe you have a family emergency that makes selling and getting that cash quickly a necessity. Whatever the reason, if you sell your home for cash, you can close on that sale in as soon as one week, putting your house’s equity directly into your hands without waiting for the finalization of endless closing documents.

People aren’t going to be traipsing through your house

Putting your house on the market means opening it up to potential buyers, which means keeping your house looking staged and perfect at all times, not to mention having to vacate the premises every time there is a showing. No one really loves having strangers wandering through their homes, especially right now when we have a global pandemic on our hands. If you sell for cash, there aren’t any buyers or realtors coming in and out, no open houses, and no stressing about the house being pristine while you’re trying to pack and move.

You don’t have to worry about the deal falling through

There are a million ways a home sale can fall through, and as a seller, it can be financially and emotionally devastating. Your buyer comes in, loves the house, makes an offer, and you think it’s all a done deal. Then an issue pops up with the inspection, or the appraisal comes in lower than expected. Or maybe those perfect buyers end up not being as qualified as you (or their lender) thought. The time and trouble of an “almost sale” can be difficult to recover from, but with a cash sale, those potential deal breakers are non-issues.  Your signed contract guarantees the purchase of your home, without the potential hassles of inspection repairs or buyers backing out.

Getting your house sold can feel like an insurmountable task, but it doesn’t have to be that way. Here at Clear Sky Properties, we not only make it easy for you, we make it a positive experience. You’ll have cash in your pocket within a matter of days instead of months, all without any of the stressors of a traditional home sale. And instead of having a million things to do to make that home sale happen, you’ll be able to enjoy all the things you don’t have to do!