| Traditional Home Sale | Home Sale to a Cash Buyer/Investor | |
|---|---|---|
| Sales Process | Typically a longer process that involves listing the property, showing the property to potential buyers, negotiating offers, and completing paperwork | A relatively fast process that involves contacting the cash buyer, receiving an offer, and completing paperwork |
| Timeframe | Can take several months to sell the property | Can be completed within days or weeks |
| Buyer Financing | The buyer will likely need to secure financing, which can take time and cause delays | Cash buyers do not need to secure financing, which can speed up the sales process |
| Sale Price | The sale price may be higher due to the competitive bidding process and negotiation with buyers | The sale price may be lower due to the convenience and speed of the sale |
| Fees and Commissions | Typically, the seller pays a commission fee to the real estate agent, which is usually around 6% of the sale price | In most cases, there are no fees or commissions |
| Repairs and Renovations | The seller may need to make repairs or renovations to the property to make it more attractive to buyers | Cash buyers often purchase properties as-is, so the seller may not need to make any repairs or renovations |
| Certainty of Sale | The sale is not guaranteed until the closing process is completed | The sale is almost always guaranteed, as cash buyers do not need to secure financing and are often willing to purchase properties as-is |
Overall, the decision to sell a home using a traditional real estate agent or to a cash buyer will depend on the seller’s goals, timeline, and financial situation. If speed and convenience are the top priorities, selling to a cash buyer may be the best option. However, if getting the highest possible sale price is the priority, selling through a traditional real estate agent may be a better option.
Call/text 720-336-3865 to receive a cash offer on your Denver and front-range property today.
DISCLAIMER: THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY, AND YOU SHOULD NOT CONSIDER IT AS LEGAL, FINANCIAL, OR ANY OTHER TYPE OF ADVICE.