Selling your house and relocating to a new house has never been an easy activity. You need to get cash fast for your property and at the same time you don’t want to make losses. Buyers on the hand take advantage of the seller need for cash and try to obtain the at a lower price than its market valuation. When they go to third parties such as brokers, they are also exploited and end up with so many loses.
The first advantage of selling your home directly to a cash buyer is that it helps you save time. By selling your house for cash directly to a buyer you saving a lot of time that it would take when you sell your property the traditional way of using the services of a real estate agent. Selling the home using the services of a realtor can take six months or more before you get the cash. This is because real estate agents sell houses to buyers who are using mortgage loan for the purchase. It is important to note that mortgages take long time to mature and sometimes fall apart at the last minute. If this happens your property takes a long time in the market before the real estate agent can get a new buyer. On the hand, cash buyers take a maximum of two weeks to make their purchase and finalize the deal. In a direct sale, no time is needed for the money to mature.
The next advantage of selling to buyer without the services of a real estate agent is that you save a lot of money. You don’t need to pay commissions to any person as long as you pull the deal all alone. When using the services of realtor they need an average commission of between six and eight percent of the house value. They also charge huge fees apart from the commission. It is therefore important to avoid all these costs by selling the property to a cash buyer instead of the traditional method of using real estate agents. It is therefore beneficial if you sell your house directly to a cash buyer because you get to enjoy all the profits and relocate to a new surrounding knowing that you have obtained a good deal for the property.
The third advantage of selling your house to a cash buyer is that you can sell the property in any condition. Selling the property to a buyer does not need any repairs or house maintenance.
In conclusion, selling the house directly to a cash buyer has many advantages as highlighted in this article.