The Pros and Cons of Cash Offer Programs
There should be no secret that the real estate industry has become more and more digital every year.
One of the newest ideas in the digital space is selling your home online to a cash buyer. There are a lot of companies that will give you an offer on your home with no strings attached. You share your address and a little information about your home, and they give you an offer.
Is this the new best way to sell a home? For some, it is. It depends on what you're trying to accomplish.
Here are the major benefits of selling your home like this...
- No Listing
- No Showings
- No Open House
- No Inspections and repairs
- Complete Certainty
If selling your home with as little headache as possible is your goal, this is a great option. You're skipping past all the traditional methods of selling a house and going to the offer.
This is a great option for people who have homes in less than good condition. These companies don't care about
- Upgrades to the home
- Timelines for moving out
- Clearing out the house
A lot of these companies will do anything they can to make your life easier. That is the whole point of going with a home sale like this.
Sounds great, but what is the trade-off?
When you're selling your home this route, you're passing up the traditional home sale. You'll never know what the home could have sold for if it were on the market.
Selling to an online buyer like this will often mean that you're leaving some money on the table. How much money depends on a few things... Who you're selling to and who's negotiating that deal.
Some of these buyers are going to offer 60% of the home's true value, and some are willing to go up to 90% of the home's value. You still need to know what you're doing.
If you're curious what you could sell your house for to a cash buyer - click here
Christian @ Onyx Homes
PS - Requesting a cash offer will do a couple things.
First - You'll fill out the form on this page and share some basic information about your property.
Second - You'll get an estimated home value of the property.
Third - We'll apply for a cash offer on your home.
Last - If you take it and sell, great. If you don't no hard, no cost, no obligation.