One of the main reasons that people often opt to sell their homes to a cash buyer is how fast the process is. The entire process—from first contact with a buyer to final transactions—can be completed in a few weeks. This makes selling to a cash buyer a great option for those needing to relocate quickly or not wanting to deal with selling their home for long months or years.
According to Your Schedule
When you sell to a cash buyer, everything will happen according to your schedule. If you have a very tight schedule of a few weeks, you can allow a few business days up to a week for a buyer’s evaluation of your home. Once that portion is complete, the rest of the timeline is widely determined by how quickly you are willing to negotiate, agree, and sign documents. This is not the case when selling using traditional methods. The timeline for traditional methods is highly unpredictable since it depends on buyers’ attitudes and the housing market, things that you don’t have control over. Selling to a cash buyer grants you lots of control over your timeline.
Negotiation Period
After evaluating and researching your home, a cash buyer will come up with an offer. This offer will include a price and any specific selling conditions. If you feel that the offer and conditions are fair, you can agree to them and start signing documents right away. However, if you are not satisfied with any part of the agreement, you can negotiate with the cash buyer to find a compromise. There is no set timeline for the negotiation period, but cash buyers are typically very responsive and either willing to compromise or straightforward about their criteria.
Final Transactions
Once negotiations are complete, the process is just about done. All that is left is for you to hand over the home and to receive payment in full. This can be done very quickly. Additionally, it is very uncomplicated because you receive payment in full instead of having to wait for incremental payments or having to pay commission fees.
Whatever your schedule is like, you can sell to a cash buyer. Selling this way doesn’t have to disrupt your daily responsibilities and schedule like other methods often do. With cash buyers, the timeline is completely up to you and what you are comfortable with.
To sell your home on your own terms and timeline, check out Taggart Property here today.
