Can I Trust Selling My House Directly to a Buyer?
Chances are, regardless of your current situation, when you decided to sell your house, your first thought was to contact a real estate agent and list your house on the market. This is known as a traditional sale or conventional selling method - mainly because it’s the most popular way to sell a house.
Since this way of selling your home is what you are used to, you may avoid any alternatives simply because you do not trust them. While it may be understandable, there may be a better option of selling your house that suits your situation. One option is to sell your house fast for cash directly to a local buyer in Cleveland, Ohio.
What Does It Mean to Sell My House Directly to the Buyer?
When you choose a traditional house sale, you are likely to go through the following steps:
- Contact a real estate agent.
- List the house through the agent.
- The agent markets and shows the house.
- The agent negotiates with the buyer.
- The agent sells the house.
- The agent helps you close the sale.
On the surface, it appears that the agent is doing all the work - this is true. However, you still must go through all the steps to sell the house. Plus, you incur most of the selling costs. The entire process typically takes three to six months from listing to closing.
When you choose a cash sale, you are likely to go through the following steps:
- Contact the buyer directly.
- Schedule a walkthrough.
- The buyer makes an offer.
- You agree to the offer.
- You close the sale.
As you can see, the process of working directly with the buyer eliminates a lot of steps. Plus, you do not have to go through a realtor. You also avoid repairs, closing costs, and realtor commissions. The entire process typically takes seven to 21 days. Best of all, you do not list your house on the market.
Can I Trust a Cash Sale Directly with a Buyer?
The answer is yes, you can trust a cash home sale. There are several reasons why.
Most Buyers Are Local
It is true that national real estate buying companies exist. However, you can find a reputable local buyer here in Cleveland, Ohio. A trustworthy buyer has experience working with home sellers, has a good reputation in the industry, and has earned the trust of other professionals. They typically buy and sell several houses per month.
Most Buyers are Pre-Qualified
What do we mean by ‘pre-qualified?’ The buyer can either pay cash for the house or secure a loan from a lender with whom they have a longstanding professional relationship. This is a huge perk for you, the seller, since you do not have to wait for the buyer to get approved for a loan, taking one to two months in a traditional sale.
You Save Thousands of Dollars in Selling Costs
Realtors often appear to be a safe bet, simply because they are realtors - nothing else. However, realtors make an average of six percent commissions on a house sale. In addition, you still have to pay for all repairs, showings, and closing costs. When you sell your house to a buyer, all the selling costs disappear.
You Can Sell Your House Regardless of Your Situation
If you are going through a legal situation, a realtor may not help you sell your house fast. If you list it on the market, finding a buyer can take months. There is virtually nothing that can prevent you from selling a house directly to a buyer. Furthermore, a cash sale can help you avoid serious legal problems such as foreclosure, bankruptcy, short sale, probate, or a distressed house.
Buyers Are Often Looking for Deals
A local buyer is more likely to shoot straight with you because you already know their end game - to make a profit. They’re more likely to tell you what your house is worth and what they’re willing to pay upfront. They’re not going to play the same cat-and-mouse game as regular buyers. Simply put, professional buyers are not going to waste your time.
SELL MY HOUSE FAST IN CLEVELAND, OH
Before you contact the realtor or list your house on the market, do not pass up the chance to sell your house as-is for cash. Home Buyers Ohio is here to help you find the most straightforward solutions to get cash-in-hand quickly without wasting time and money on repairs and closing costs. To schedule a quick, no-obligation walkthrough with one of our local house buyers, call 440-490-4600.