Selling your home can be a daunting experience, especially when you need to sell your house fast. Homeowners often find themselves struggling to make the best choice between two primary routes: the traditional home sale through a real estate agent or a cash sale with a home buying company. If you’re in this situation and thinking of how to sell your house in Marlboro or Matawan fast, look no further! Let’s take a look at the top differences between traditional home sales and cash sales to help you make an informed decision.
Selling Fees
Traditional Home Sale
Traditional home sales come with a variety of fees and expenses. In a traditional home sale, working with a real estate agent means you’ll have to pay agent commissions, which can amount to 5-6% of the selling price. Additionally, there may be other closing costs and fees involved, which can eat into your profits.
Cash Sale
Cash sales eliminate these expenses entirely. Working with a cash home buyer means saving on agent commissions, fees, and other costs, leaving you with more money in your pocket!
Repair Costs
Traditional Home Sale
When selling your home traditionally, you’re often required to make numerous repairs and costly upgrades to attract buyers and get top dollar. Along with this, home inspections could lead to further repairs or negotiations based on the findings.
Cash Sale
Cash home buyers will buy your house as-is, in any condition, allowing you to avoid costly repairs or upgrades. This not only eliminates the unnecessary expenses associated with prepping your home for sale but also saves precious time and effort.
Financing Contingencies
Traditional Home Sale
Traditional home sales often hinge on the buyer’s ability to secure financing. Unfortunately, this means that in a conventional home sale, there’s always the risk of financing contingencies. If a buyer’s loan application falls through or they can’t obtain the necessary financing, the sale could collapse, leaving you with the burden of finding a new buyer.
Cash Sale
Cash sales eliminate the uncertainty of financing contingencies. Cash home buyers buy properties with cash, meaning there’s no waiting for financing approval or worrying about the deal falling apart. Cash home buyers take care of any complexities related to financing and close the deal quickly.
Closing Time
Traditional Home Sale
Traditional home sales may involve dealing with realtors or other third parties that can increase the time it takes to complete your sale. Even with a dedicated real estate agent, traditional home sales can take months because of lengthy processes like property showings, marketing, and waiting for mortgage approval.
Cash Sale
One of the most significant advantages of cash sales over traditional home sales is closing time. Cash sales can close in just a few days, significantly reducing the time it takes to close on your home. This means you’ll have the cash in your hands sooner, allowing you to move on with your life without delays.
Ultimately, when weighing your options between a traditional home sale and a cash sale, it’s essential to consider your priorities and goals. If you need to sell your house in Marlboro or Matawan fast without the hassle of listing it on the market, making costly repairs, and hiring a real estate agent, consider going with a cash home buyer for a quick and easy sale.
Sell Your House Fast with Quick n Easy Offers
Are you looking for a reliable cash home buyer to make a quick and easy sale? At Quick n Easy Offers we buy houses in the Marlboro and Matawan areas and promise a quick, hassle-free sale on your property. At Quick n Easy Offers, we work to accommodate your specific needs and preferences to make your home selling experience as seamless as possible. Our local home buyers are serious about buying your house, and with our no repairs, inspections, agent fees, or commissions approach, you’ll enjoy a smooth and worry-free process. Contact us today at (732) 737-6623 to get started!
