You have a property - a Texas house. The property is desirable (even if it needs some deep TLC), and you want to know how you can take advantage of the housing craze to earn big off of your selling your home... with an all-cash offer.
How? We'll get to that.
You'd have to be living under a rock to have missed the housing market explosion over the past few years. If you're one of the fortunate people who own a home in the DFW area, you know you can stand to earn a big payout by selling your home.
There are MANY ways to sell your home in Texas for a profit, and the powers of the internet seemingly offer more options than ever. Between fixing up your home, finding a real estate agent, having professional photos made, hosting open houses, and keeping track of all the fees and add-ons involved in a traditional home sale... it's exhausting and overwhelming.
BUT, there's a better way. Like we said, there are many ways to sell your home, but only a few involve an all-cash offer with an expeditious closing date to sweeten the pot.
Before we get to the best ways to sell your house in Texas for a fair cash offer, let's look at what is required by the traditional selling process and how likely or not sellers are to get a cash offer with traditional real estate professionals.
Remember how we mentioned there's so much to do when selling a home it can be overwhelming? This is the overwhelming route we meant. We're here to tell you about cash sales, which are still possible with this route, but we focus on full disclosure and want to be sure you know what to expect from all cash offer processes.
While an instant cash offer is VERY rarely available from Texas home buyers on the open market, it can happen. Here's what you'd need to do in order to sell your home for cash with a traditional real estate agent.
You should never go blindly into the sale of your property. The traditional way of selling your home (with the slim hope you'll receive a fair cash offer) requires some leg work on the seller's part. You'll need to scope out the market to see what's selling around your property address, and what average prices are for local cash home buyers in the market, and keep those prices in mind when you get to improvement costs (we'll get there).
We hope you are ready to study because this task also falls under the research category.
You may know an agent or have worked with one in the past, but you'll need to find a trustworthy professional with a good track record to handle the sell process, decide what improvements to make, come to an understanding with the listing agreement, and hope the showings work well for you - more on that in a bit, too.
Your listing agent will tell you if your home meets their standard buyer's expectations or not. The traditional way of listing a house on the market almost always includes upgrades and out-of-pocket spending from sellers.
Sometimes a simple home improvement such as painting the cabinets is an investment that yields high returns, while cheaper upgrades such as adding a bedroom will not yield much value. The key to achieving good results is determining which improvements are necessary and profitable, and which are above and beyond it.
After deciding what improvements you need to make to get the best profits, you'll have to hire a contractor to oversee all of the improvements, at your own expense up front. Keep this amount of spend in mind when you are totaling what you hope to make from a traditional sale cash offer (if any come your way).
If you want to earn max profits through traditional sale, you have to engage a professional photographer to photograph your home. Your house will first need deep cleaning, fresh furnishings, and minimalist decor with your personal items packed away so potential buyers can see themselves in it, especially traditional real estate cash house buyers you need to impress.
Just like contractors for construction, you can also hire a home-staging company to do this work for you. It's a lot, but a staged home will make your house sell more quickly. The cost of furnishing your home and staging it professionally can however be a bit pricey. Be sure to keep these costs in mind with a traditional selling route, and remember you're still just crossing your fingers that your agent has a cash home buyer.
Remember how we mentioned finding a real estate agent you trust with whom you'll work on the listing agreement? This is where you'll set your price. Remember, agents have their own expectations and also price for the benefit of their buyers. Keep this in mind.
Having an organized home is always important to prospective buyers - we covered that already. It is also necessary that your agent will be well-maintained scheduling showings and tracking potential buyers. Remind your agent to push for cash buyers only.
You'll need flexibility when displaying your house for the convenience of the buyer, especially if you only want a cash buyer. Keep your house tidy! This will take more than just a quick vacuum. Your house needs to appear to be a model home (not actually lived in) for the best value via a traditional home sale.
With a traditional sale on the open market via an agent, you have less leverage with pricing when hoping for an all-cash buyer.
Negotiations involve a lot more than just selling the price. You must agree upon contract contingency and how closing costs are split. Those closing costs (and having to consider the buyer's needs for the closing date) usually come to 10% of the price of the home and are almost always on the seller.
The disclosure of the sellers outlines the known issues that exist in your home. Some federal backed loans may require borrowers to provide a detailed list of the flood risks. If a house was constructed after 1979 federal rules require you to disclose any danger to children. These are just a few of the many considerations banking entities and Texas require for a traditional home sale.
This can really affect a seller's plans to move or buy a new home, as well as cut into max profitability and exponentially add to the seller's already lengthy list of to-dos and sweat equity.
We're sure you're wondering, now, at the alternative option and way to sell your home for a sure-thing cash offer with the least amount of work and no investment on your end.
Most people do prefer that option, but they often wonder…
The answer is a resounding YES, and it's a method guaranteed to put cash in the seller's hand when they want it, and without the hassle of research, improvements, and showings!
Let's get to it! Show me the money!
Most people think that selling a property for cash means an underserved sale, but that's not true. Cash offers are just a way of guaranteeing your buyer has the cash to purchase your home easily without having a mortgage and its requirements in place or demands for improvements from the seller.
This is the only method that allows a homeowner in Texas to sell their house quickly, safely, conveniently, and CASH-ly.
Ok, we know cash-ly isn't really a word, but you know what we mean.
So, what is the process, and most importantly... what are the benefits of selling to a real estate investor like Cash DFW Group? We're going to show you the money!
Market comps? We've got 'em. Even better than that: we live and breathe DFW and know every neighborhood inside and out. We know what sells and where, so we are able to present a fair all cash offer from the beginning and are happy to break down what you can profit from top-to-bottom.
Cash DFW and our buyers seek a faster and easier way of resolving their real estate needs in Texas, and our process is on the express path.
What does that mean? We can make reasonable cash offers, even on properties most listing agents wouldn't touch. Does your leaking roof require significant repairs? We don't care.
We are all about taking on burdensome houses fast in exchange for a competitive cash offer.
It's not necessary to repair or even clean! We're serious. Take the best of your possessions and then leave all of it behind for us to handle. Do you need to dump discarded items? We take care of that! We purchase your home as is and handle the headaches you've been going through…
And then we put cash in your hand.
This value add is probably easily understood. If sellers don't need to invest in improvements or cleaning, it goes without saying they don't need the undertaking of staging and showing their home either.
We give you cash pricing for an as-is house fast - we don't wait around for improvements, and certainly don't impede on your life with staging demands and showing schedules. You can sell your house fast and at your own convenience.
Remember that big and ugly 10% fee we mentioned with the traditional route of sale? Yeah, we don't do that. No fees. No closing costs. Just straight to close for a fair price in cash.
We know sellers don't have time or money to wait around for inspections, mortgage approvals, and the hoops of the title company. We buy houses, cash in hand, and offer real estate solutions without the hassles of the traditional route.
Our purchase agreement with sellers is based on the seller's needs. If our sellers need time to find a home, we can help with that, too. If our sellers want to sell us the home for cash and invest in real estate, we even offer the option for you to become a leasing partner through the cash sale of your home.
Cash Purchases from Cash DFW Group are Less Stressful Overall
We know that the bulk of sellers worry greatly over their home-selling experience. In working with cash buyers, though, the typical headaches and concerns associated with selling a property can be avoided and result in a simpler process
Working with Cash DFW Group or other qualified and experienced real estate investors offers convenience, flexibility, and an appealing purchase price all in cash.
Cash DFW Group is a family-owned real estate investment firm and has the experience, investors, and connections to buy as-is homes for cash in your area of Texas. We are buyers who have a cash-flow option for quick closure, so we're able to cater to sellers with a no-obligation offer at any time.
If you're looking to call the shots as you sell your house as is for a guaranteed best cash home buyer price, want to avoid closing costs, realtor fees, and hidden fees associated with traditional real estate transactions, have no interest in hunting for cash home buyers, and to walk away with more money in your pocket, contact us today for a no obligation in cash offer that's not contingent on bank financing and will always close when it's convenient for our experienced home sellers.
