Selling a home when you don’t feel rushed and are naive to think it will happen quickly and that you will get your asking price sounds good.
However, if you’ve ever been rushed to sell a home or you’ve had another negative experience, then you might have a nervous feeling in the pit of your stomach this time around.
Are you in a time crunch?
If not, then you at least have time to think and make different plans. If not, then you must act quickly.
Whichever group you fall into, there is another group of people that are prepared to act quickly. They are real estate investors, and they can be your buyer if you are willing to accept their cash offer. Yes, you read that right.
After looking up companies that advertise this slogan ‘We buy houses Loveland,’ you are going to be able to talk to companies of investors ready to make you cash offers for your property.
They aren’t thinking about whether junior has enough space growing up or whether or not the closets are big enough. They aren’t asking you to make upgrades or repairs.
They aren’t debating on whether to buy your home or the one three streets away. They want your home no matter what, and that gives sellers peace of mind. It also makes them not have to wait or spend money to make money.
But what do you give up by pressing the easy button?
You’re certainly going to give up some money, but you have to ask yourself if you’re really giving it up. Let’s say you have a home you would like to sell for 170,000 dollars.
You call the company that advertises ‘We buy houses Loveland’ and they offer significantly less money than you’re asking. Then you get to thinking about the traditional processes in regards to selling your home.
Once the overzealous real estate agent shows up and tells you to paint the floors and plant petunias, the money can start pouring out of your account. The agent alone is going to cost you money in the end, and that’s even if there is an end.
You would love to get an offer in the first few days and close in a month, but what are the chances of that happening? Even if it does, by the time everyone takes their piece of the pie, which pie is going to be bigger, the remainder of that one or the cash pie the investors are going to offer you?
In other words, are you better off taking a cash offer?
One thing you might want to remember and have reiterated to you is that the quickest you can sell your home traditionally is staging it as you get an offer and closing in a month.
These groups of investors are willing to make you a cash offer today. There are times, perhaps many times, when the opportunity doesn’t seem like the right choice.
Yet it’s a numbers game in essence, so you can play this opportunity scientifically to see if it’s a good fit.