You are most likely familiar with the traditional real estate process, but if you are looking to sell your home quickly, you may want to consider selling it to a cash home buyer. Before you go about the process of selling your home for cash, you need to make sure that you know how things work.
It Isn’t a Traditional Sale
You are most likely used to the traditional sales process, where at least one person puts in an offer and you get to consider which one you want to take. You go through the process of listing your home and showing it off in order to attract the best offer. Rather, you do your research and choose the cash home-buying company that you want to work with. Once you have made the decision, you can submit your information that allows them to put together an offer for your home, which you then accept or reject. A cash home sale is much simpler and cuts through the red tape that you usually deal with.
There Isn’t Much Negotiating
In the normal closing process, you negotiate with the buyer over all of the details. You hash out the price, the repairs, the closing costs, the moving date, and anything else you can think of. When dealing with a cash sale, you don’t really have any negotiating to do. Because you sell your home as-is and the company covers the closing costs, you don’t have to negotiate for that. You also don’t negotiate on the price. The offer that the company makes is based on the value of your home and the cost of any repairs needed. The only thing you have to negotiate on is when you move out of your home. The company will usually work with whatever timeline you have, as they aren’t looking to move into your home immediately.
You Need to Do Your Research
While most companies are great to work with, there is always someone out there who wants to scam you. Before starting to work with a company, you need to do your research to make sure that the people you are working with are legitimate. Luckily for you, Home Helpers Group is one of the good ones, but if you are trying to learn more about a company, start by looking at company reviews and accreditations.
Understanding how the cash home buying process works and how it differs from the normal real estate process is an important step to making sure that you are able to sell your home properly and get the cash you need to take your next steps. Doing your research is a great way to begin.
Want to learn more about the process? Click here to see how we buy homes!
About the Author: dean@homehelpersgroup.com
