Working with an Agent at a Glance
The most talked-about aspects of working with a real estate agent are also its biggest pros: you have a market professional to advocate on your behalf. In a seller’s market, you also have your pick of eager buyers, and you’re free to negotiate with them as much as you want in order to get the best possible offer.
However, it’s also important to understand that working with a real estate agent to find a conventional mortgage buyer is not the most time-efficient way to sell your house. It takes an average of three months to sell your house with a real estate agent in Florida. This accounts for the time it takes to list and market your house, field potential buyers’ offers, choose a buyer, negotiate on a contract you’re both happy with, and undergo a series of inspections, appraisals, and document submissions. With all of that, you run the risk of having something go wrong (a low appraisal, an unapproved loan, or a host of other issues) and having to start from scratch at any point. On top of that, it’s important to understand that the offer you get on your house is highly unlikely to be the money you walk away with: sellers are often responsible for paying agents’ commissions, contributing to closing costs, and/or offering credits or discounts for needed repairs.
How Cash Sales are Different
Cash sales are an increasingly popular alternative to traditional real estate processes, and it’s not hard to see why: in a cash sale, none of the bureaucracy that goes with a traditional process applies. You don’t have to market your house, field different offers, or go back and forth for days (or weeks!) negotiating a contract – and you definitely don’t have to rely on bureaucracy or inspections. A cash process is intended to be simple: a buyer sees your property, gives you an offer, and you choose whether or not to accept. If you don’t have much time to sell your St. Pete house or need the money right away, a cash sale can be a great solution.
Lots of homeowners are nervous about selling their house for cash. After all, isn’t that a perfect way to get undershot? Not necessarily. The integrity, ease, and legitimacy of your cash sale will completely depend on the buyer you choose. Be attentive and choose them well.
Why PlacePitch is Best-in-Class
Choosing a great buyer is all about paying attention to what you can expect from your process with them. These expectations are simple: open communication, expertise, integrity, and flexibility. Choose a buyer who:
