Why a cash home buyer can benefit you is something you might want to consider before selling your house in Phoenix. There are many options available to you when you want to sell your property in Phoenix; You can decide to sell the house by yourself, use a listing service, or contact a realtor. A cash home buyer is an individual real estate investor with interest interested in houses with unique situations like divorce, a disaster, and death. They usually buy the house in the current condition. A realtor is a professional that works alone or with an agency; they take a more active role in marketing your house and providing advice. A realtor will take a commission on the sale, while a cash home buyer is more interested in purchasing the house.
Benefits Of using a Cash home buyer over a realtor
Multiple benefits come with using a cash home buyer when selling your house instead of a realtor. Here’s why a cash home buyer can benefit you more:
- Buying In Current State: Using a cash home buyer helps you optimize for profit because they buy the house as-is. This means that they prefer to buy the house in its present condition without you having to expend on repairs. This is helpful if the house has some damage, not up to habitable standards. This saves you the time and expenses of repairs. You can also get an offer within the shortest possible time.
- Cash Payments: As the name goes, they are cash home buyers and preferably pay with cash, which removes the option of financing from banks or lenders. Cash payment also makes the process faster and smoother and removes the bureaucracy of selling through a realtor. The buyer doesn’t need to obtain a loan from a lender or bank and doesn’t need to inspect the property as they are buying it.
- No Realtor commissions: Realtors have to take a commission, as we highlighted earlier. The commission a real estate agent typically takes is 6% of the selling price (you should note that this could be more and shouldn’t serve as a standard for transactions). The average home price in the Phoenix area of Arizona is around $273,000, so you might have to pay about $16,380, and that’s a considerable chunk of money to take off the selling price. In this article, we’d be talking about the benefits of using a cash homebuyer over a realtor when you want to sell your house in Phoenix.
- Sell In a faster Time: There is not much paperwork and third-party interference. Cash payment indicates the property sale, and therefore the sale will take a shorter period. You can typically get an offer between 24 hours to 7 days in practice.
One of the most reliable Cash homebuyers for the Arizona Market is EZ Max Offer. They have served many customers and have designed a process to ensure you get an offer within the shortest possible time. They also cover ancillary expenses that come with the sale.