Three options how you can sell your house fast for cash

Posted by Sarah Peter
5
Jan 30, 2020
437 Views

Selling your house for cash is a time-saving process. You do not have to involve many intermediaries in between when you are dealing in cash. We have heard many people asking, “How can I sell my home fast for cash?” So, we came up with this article that will tell you three options how you can sell your home fast for cash. All three options have some pros and cons.

Option 1: Hire a real estate agent

Hiring a real estate agent can be a good option for you if you want a good deal for your house and want to sell your house at the best possible price. You will not have to do a lot of work as the agent will take care of it. You have to sit back, relax, and wait for a good buyer. It can take from 3-12 months, but on average, the whole process can take six months.

Pros

·         Real estate agents have a pool of customers, so you have many options to find a potential buyer.

·         They have expertise ad can get you the best price for your house.

·         They can market your property in front of the buyers and can put together all the documents.

Cons

·         Agents charge a commission fee that can lower the cash you are going to receive at the end of the deal.

·         Some real estate agents still use the traditional marketing method, so finding the customer can take longer.

Option 2: Sell your home on your own

Selling home on your own would be the best option if you want to avoid paying commission fees to the agent. You can wait a little before you find a fair deal, and you do not mind working yourself.

Pros

·         You can get a huge amount because you do not have to pay any middle man.

·         You can sell your home fast for cash.

·         You have full control over the process of selling the house.

Cons

·         If you have no experience of selling the house, it will take longer.

·         You cannot determine the right value for your house.

·         Your cost might increase than if you sell the house through the agent.

Option 3: Sell your house to a real estate investor.

Selling your house to an investor is the fastest option you can get; you do not even have to worry about the repair and maintenance.

Pros

·         You can sell it fast compared to other two options within a month only.

·         Investor will pay the closing cost, so you do not have to pay the investor.

·         Most investor will not require any maintenance; they will buy your house on cash in the current condition.

 Cons

·         Investor will not pay the full value of your home.

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