Selling your home to a cash buyer: how it works

realtor

October 8, 2018 • Finance

Selling your home through a traditional realtor can take a long time and involve considerable hassle and expense. From making improvements to your property in order to attract a buyer, to attending open houses, to covering realty fees and closing costs, there’s a lot to deal with. Luckily though, there’s a much simpler and quicker alternative – and that’s to sell your home to a cash buyer.

Whether you want to achieve a quick sale in order to travel, clear your debts or for any other reason, this could be the right move for you. Keen to know more? Here are the steps you’ll need to take to sell your home to a cash buyer.

 

Find a suitable company

Firstly, you’ll have to find a suitable company that operates in your area. For example, if the home you want to sell is located in Florida, you could turn to a specialist cash buyer such as Fast Sale Florida, which purchases homes across the state in areas including Hollywood, Collier, Desoto, Miami-Dade, Broward, Charlotte, Palm Beach, Sarasota and more. Make sure that the company you approach is regulated and licenced, and can provide you with a competitive, guaranteed cash offer.

 

Get a quote

The next stage is to request a quote. To do this, you simply have to complete an online form providing information such as your name, contact details, city, postal address and zip code. Based on the details you give, the cash buyer will come back to you with a quote. This could happen within as little as 48 hours.

 

Schedule a home inspection

If you’re happy with the offer you receive, you can then set up a home inspection. This provides the cash buyer with an opportunity to make sure that the details you provided about your home are correct. As long as everything checks out, the company will present you with a written offer that matches the one previously agreed online or over the phone.

 

Progress to closing

Lastly, as long as you’re satisfied with this written offer, you can sign on the dotted line and proceed to closing. The cash buyer should agree to handle the paperwork on your behalf, and the money could be in your account within as little as two days, while the deal could be fully closed within around a week.

The ease and efficiency of selling your home in this way can certainly make a refreshing change from using a traditional realtor, so it’s well worth exploring it as an option if you’re looking to sell up and move on.

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