For homeowners, one of the most commonly asked questions is: should I sell my via a real estate agent or through a cash homebuyer? And while the answer might seem easy, it’s actually a pretty complex question with a surprising conclusion.
Cash home buyers in Naples, Florida are almost always going to be better at providing an offer to sellers, and while it might seem unique to the Sunshine state, more and more cash home buyers across the country are starting to prove that direct cash offers might be better than working with a third-party real estate agent. So if you’re asking who you should sell your Naples home to, the short answer is: cash home buyers. And here are some very good reasons why.
Cash Home Buyers Provide Better Offers
There’s a common misconception out there that cash homebuyers give out ‘bad’ offers to sellers when compared to a real estate agent. This is simply untrue.
This misconception stems from the fact that real estate agents can often sell properties at higher than market value. But there’s a very good reason for that: they have skin in the game. Depending on who you work with, real estate agents can take up to 7% of your home’s sale as commission, and this doesn’t include what you’ll pay the listing agent, setting up the open house, and every other miscellaneous fees in between. Real estate agents will also have to work with current real estate prices around your area and advise you on a price that is close to it.
A cash home buyer, meanwhile, goes to your Naples home, evaluates it, then makes an offer. Is it lower than the sticker price a real estate agent might slap on your home? Yes, but with a cash home buyer, you pocket 100% of the sale. In essence, you’ll be earning more because there are no middle men to pay off.
Can cash home buyers give bigger offers? Probably not all the time, but they can definitely give better offers.
The Home Sale Process is Faster with Cash Home buyers
With a real estate agent, you’ll have to contact an agent first, then you’ll find a listing agent to help you list your house on the market. Then you have to advertise it, whether digitally or through ads. Then you wait for an interested client. Once a client is interested, then you have to set up an open house, but before you can do that, you’ll have to touch up your Naples home with repairs and maybe a fresh coat of paint and so on and so forth.
Meanwhile, with cash home buyers, you contact them, they schedule a meeting, they go to your property and do a walk through, then they either make an offer right then and there, or they go back the next day with a figure in mind.
Most cash home buyers will buy a house in ANY condition, so there’s no need to touch up or do repairs. An initial offer might seem low, but contact enough home buyers in your area, and you’ll soon find yourself in the middle of a bidding war that could easily bump your house price up.
And all of this could be happening within a span of a week, maybe two if the bidding is good. Yes, it’s that fast. Remember that cash home buyers want to buy your property because they want to develop it into something else, so time is of the essence.
Selling Your House is Easier with Cash Home buyers
Home sales done through a real estate agent can fall through, and most of these failures can be attributed to buyers not having the right mortgage on hand. That’s probably one of the most common complications in a home sale, and the worst part: a sale will definitely not push through if mortgage issues aren’t handled quickly.
Other financial complications can also crop up, like the buyer not having a good enough credit score or the real estate agent marking your house with an unrealistic price. Look, a lot of these things can happen, and they happen quite regularly, and honestly, it’s all part of the real estate game. It’s messy, but it’s a natural part of the process.
However, that’s not the case with cash home buyers.
There are no financier-related problems with cash home buyers. As their name suggests, they have ready cash on hand to give to you for your property. No mucking about with credit scores and mortgages and all that jazz: you have property in Naples and they have money.
We are Your Best Option!
Alpha Properties is one of the leading cash home buyers in Naples, Florida. Over the years, we’ve built a positive reputation for ourselves because of our transparency and for working with our clients to find them the best value for their homes as possible.
We believe that our clients deserve to be paid as close to fair market price as possible, which is why our team of experts work tirelessly to study real estate trends, neighborhood prices, and other real estate matters. Contact us, today, to learn more about our process and how we can help you sell your Naples home fast!