5 Advantages that Cash Buyers have Over Real Estate Agents

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Selling your house is more of a hassle than anything else. You have to clean it, tend to its repairs, hire a real estate broker and then wait till they find a genuine buyer for you to negotiate with.

Even after all that, there is no guarantee that you will have the best deal. That is why modern-day sellers trust instant home buyers.

Unlike real estate agents, they are the end buyers who do not charge commissions and buy your house without the involvement of mortgages.

So, here are five points that will help you understand why cash buyers are better than real estate agents.

1. No remodeling required

If you go the traditional way, your agent will ask you to make necessary changes to your property so buyers can be pleased.

That would mean spending a hefty sum to make the property attractive. Even after such an investment, the real estate agent cannot guarantee that the buyer will not back out of the deal at the last minute.

But in the cash-buying process, you don’t have to worry about anything like that. Cash buyers purchase your property in as-it-is condition.

2. No need to find a buyer

Property owners generally have to wait months, if not years, to find a feasible buyer. Many buyers do not even go through the deal.

Therefore, a substantial amount of time is wasted just searching for a genuine buyer.

Moreover, if you are looking for instant cash, this method is certainly not for you.

But cash-buying companies are the end buyers themselves. That means you do not have to search for a buyer. As a result, the deal is closed within a week, and all payments are settled.

3. No need to hire a realtor

Unlike a traditional deal, cash-buying deals do not involve any mediators. Commission on sales and all extra fees get eliminated with the elimination of a mediator, leaving just two parties; you and the cash-buying company.

Not having a realtor in the mix would also mean that you can directly state your conditions with the end buyer and sell your house.

Moreover, cash buyers have a professional approach toward their clients. For example, they don’t call you every second hour to discuss price negotiations and update you on the progress.

Thus, the absence of a realtor gives you peace of mind too.

4. No inspections needed

Inspections can take a mental toll on you. For example, the inspector may conclude that your house needs remodeling to be considered fit for selling.

Remodeling your house would mean draining your pockets and stressful days.

But cash buyers do not need any inspections. Even if your house is in bad condition, they would still buy it and pay you a genuine sum.

Also, you don’t have to worry about a random stranger visiting your house and checking up on your belongings.

5. No uncertainty

The risk factor is always prevalent with random buyers. In other words, you may not know a lot about the buyer’s intent and mood.

Since there is no binding contract, the buyer can walk out on you at the last minute.

But cash buyers are credible. They are registered companies carrying a reputation in the market. That is why they always intend to close the deal with clients to maintain their goodwill.