Should You Get an Offer From a Home Cash Buyer?
July 1, 2021 Mark MacFarlane

Should You Get an Offer From a Home Cash Buyer?

Posted in Cash Buyers (for Homes), Cash Home Buyers Dallas, Home Buying, Home Selling

Should You Get an Offer From a Home Cash Buyer?

Selling a Home

Given how stressful, time-consuming, and tiring it is to prepare a home to be sold, many sellers are seeking a better and easier way to sell their home. It is no surprise that raffle home sales, auctions, and selling without the help of a realtor are becoming more popular every year. But the faster and easier alternative way to sell a home that is currently giving traditional home sellers a run for their money is selling to companies that buy homes for cash or ‘home cash buyers.’

So you may be wondering, should you request an offer from a home cash buyer? Before we answer that question, it will be helpful to take a look at how home cash buyers operate.

What is a home cash buyer?

A home cash buyer or a ‘we buy homes for cash’ real estate firm is a company that buys homes for cash, in almost any condition. The home cash buyer business model is based upon making the sale of your home super fast, convenient, hassle-free, and a commitment to close quickly, usually in 10 days or less. They make it easy to sell a house fast as-is.

Why should you get an offer from a home cash buyer?

There is one simple reason every home seller should get an offer from a home cash buyer—offers are fast, free, and there is absolutely no obligation. You have everything to gain and absolutely nothing to lose. To ensure you sell your house fast for the highest cash price, we recommend you get 2 or 3 offers from home cash buyers.

The better question to ask is – why wouldn’t you get an offer from a home cash buyer?

Benefits of Selling your Home Fast As-Is to a Home Cash Buyer:

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No Commission:
When you sell to a cash for home buyer, there are no painting, no cleaning, no landscaping, no staging, no repairs, no showings, and no real estate commissions. Do the math and you will see that you might save thousands on the 6% real estate commission alone!

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Streamlined process:
Because the process doesn’t involve 3rd party inspections, surveys, mortgage approval, real estate agents, and commissions, it’s easy to understand how selling to a cash for home buyer reduces the red tape and processing times significantly.

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Sell house-as-is:
Who wouldn’t want to sell their house as-is? When you sell your house to a cash for home buyer, it is an as-is sale. They will buy homes for cash in their current state and form, irrespective of any upgrades, renovations, or repairs that may be necessary.

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The deal closes faster:
With a quick home buyer, the sale is hassle-free. You won’t have to deal with preparing the home to sell, staging, finding a real estate agent, showing the home, emotional buyers, the buyer requested repairs, and hoping the buyer gets approved for their mortgage. You can sell, close, and have your cash quicker than it takes to find a real estate agent and get the house listed on the MLS. Cash for home buyers will typically close in 10 days or less.

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Move on your schedule:

When you sell your home to a typical buyer, they will want to move into their new home as soon as possible. In this case, you will need to move out immediately. When you sell to a home cash buyer, they are not moving into the home, so you can arrange to move out on your schedule. Want to stay living in the home for an extra 5 days or 5 months? Not a problem when you sell to a cash for home buyer.

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No open houses or showings:
Selling to a cash for home buyer is super simple. Make one call or submit one request and you are done. The home cash buyer will do the rest, and do it quickly. No signs in the yard, no lockboxes, and no last-minute calls to show the house. Instead of dreading the open house or weekend showings, you can relax and enjoy your nights and weekends. It is the hassle free way of selling a home.

The Cash for Homes Offer Request Process

 

Getting an offer from a cash for home buyer is very easy and quick. Sophisticated computerized home valuation systems enable cash home buyers to calculate the value of a home in seconds. It has become so fast and simple that you can now get a cash offer in minutes. By the time you are done typing the address and answering a few multiple-choice questions, the offer is calculated and displayed on the screen.

Information Required to Get a Cash Offer:

  1. The address of the home
  2. Occupancy of the home
  3. Basic questions concerning the condition and features
  4. Requested closing date
  5. Are you represented by an agent or broker

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It is very simple to get a cash offer for your home. For example, to get a cash offer from OutFactors the entire process only takes 2 minutes and personal information is NOT required. Yes, you read that correctly. No registration. No email address. No telephone number – not even your name. Sellers love the ability to get a cash offer without giving their personal information!

If the offer is not acceptable or if you have any questions, you are encouraged to call the home cash buyer. Computer systems are great but they do make mistakes and sometimes the information about your home is not correct which caused your offer to be lower than it should have been. With the correct information, the home cash buyer might raise their offer and get to the price you wanted.

Once you accept the cash for home offer, things move very quickly. The home cash buyer will immediately prepare the contract for signatures, arrange a time to visit and inspect the home. While that is being done a professional licensed closing company will prepare the closing documents. All of this is done at no cost to the seller—this is part of the service provided by the home cash buyer.

What is the catch?

There really is no catch or gotcha, but there are two potential downsides:

  • Some home cash buyers will constantly call or email to follow up after they send an offer. This can be annoying but can easily be stopped by only getting offers from cash home buyers that do not require you to register or provide personal information to make an offer.
  • You wasted a few minutes requesting an offer. On the plus side, you now have some great information, for free, on what a home cash buyer believes your house is worth. You can set this as your absolute lowest selling price!

Most sellers believe the downside is minimal and the benefits far outweigh the potential lost time and annoyance. Especially if personal information is not required when getting an offer!

The Bottom Line

Times are changing along with the old way of doing things. We believe the time is fast approaching when every home seller will just automatically request two or three cash for home offers before even considering hiring a real estate agent. And why not, when requesting your highest cash for home offer only takes 2 minutes or less?

The worst-case scenario is you wasted 2 minutes of your time!

Sell Your House Fast to a Trusted Home Cash Buyer!

If you happen to own a home in the state of Texas and want to sell your house as-is quickly for the highest cash price, you are at the right place. At OutFactors, we buy houses as-is for cash and close quickly. To get a cash offer on your home just enter your address and answer a few simple questions about the house. The entire process only takes about 2 minutes and personal information is NOT required. Yes, that is correct! No email address, no telephone number, not even your name. If you like the offer, great, your home is sold. If not, just “X” out and go enjoy the rest of your day. To get a great cash offer click here!

For those who prefer a personal touch, we invite you to call us at 800-420-7030 to speak with our friendly and helpful customer advocates. We are here to help!

OutFactors
539 West Commerce StreetGold Best Cash Offer Button
Suite 1205
Dallas, Texas 75208
Contact@OutFactors.com
(800) 420-7030

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