1. Request a cash offer

Let’s say you prep your house to perfection, attract an offer in only a few days, and enter the closing phase of the sale. It’s a dream seller scenario, but even so, you’ll likely still be weeks or even months out from closing.

When you list a home, it’s hard to predict whether you’ll receive an offer from a cash buyer or a financed buyer prequalified for a home loan. But you’re more likely to see the latter, considering 80% of recent buyers financed their home purchase.

With a financed buyer, steps like the inspection and lender-ordered appraisal add time. Your buyer’s loan will also need to be processed, which takes 42 days on average in today’s market, according to data from Ice Mortgage Technologies.

Despite the best-laid plans, selling your home the traditional way isn’t always fast enough. Thankfully, you’re not stuck. As an alternative, you can go out and request a cash offer from a real estate investor or house-buying company to speed things along.

Benefits of selling to an investor or house-buying company

• Receive a near-instant offer, rather than wait an average of 33 days and with Cash Offer Option you can even receive one in 5 days with an instant contract.
• No risk that your buyer’s mortgage will fall through, because it won’t .
• Save money on real estate agent commission fees, because with us the service is 0% fees.
• Skip the hassle and cost of repairs, you’ll sell your house as-is.
• Close in a matter of weeks or even days, compared to the months it can take with a financed buyer.

Due to the lack of lender involvement, a cash buyer is able to operate more nimbly and on a shorter timeline, providing convenience and certainty to sellers.

You’ll have to weigh the advantages against the possibility of a reduced offer since investors aren’t likely to raise their bid out of emotion and will intend to make a profit by flipping or renting out the home.

However, when you eliminate home prep costs — such as fixing a rotted deck or installing a new front door — and you account for agent fees of 5% to 6%, you may end up with a similar amount of money from a cash buyer as you would with a traditional listing.

3. Hire a Top Agent Specializing in Fast Sales

According to 2023 data from the National Association of Realtors (NAR), 89% of sellers engaged a real estate agent for their home sale. Skilled agents leads the navigate negotiations, showings, title issues, and other complexities, ensuring expedient transactions.

Connect with a top-performing agent through Cashofferoption to capitalize on their track record of swift home sales in your local market.

4. Sell By Owner (FSBO)

For those considering selling independently to save on agent commissions unlike any of the other services it charge 6%fees, FSBO is a viable option. However, bear in mind the responsibilities of pricing, marketing, staging, negotiating, and managing contracts fall solely on you.

FSBO transactions constituted 7% of recent home sales, reflecting a less common yet feasible approach. Despite potential cost savings, FSBO homes typically sell for less than agent-assisted sales, as indicated by median sale prices.

While FSBO remains an option, be mindful of its challenges and the potential trade-offs in sale price and transaction efficiency.