2 Getting and Netting the Highest Price from the Sale of Your Home
a) Fast Sales – Closings as quick as 5 days – Short Version: A fast cash sale to an investor (professional buyer) is possible but nearly always result in a significantly lower sale price. A perfect analogy is, “You know the fastest and easiest way to sell your car is to trade it in or sell it to a car dealer but you know you will get less than selling it to a private party.”
a) Fast Sales – Closings as quick as 5 days – Long Version: Fast cash sales nearly always result in a significantly lower sale price because closing quickly requires all cash, no financing and little or no inspections. Only savvy, experienced investors can do that and they always hunt for good bargains. Many of these investors pretty up the home a little and put it back on the market for huge profits. The industry term for this is “Flipping”. Some investors offer as little as 50% of a home’s value.
Fast cash offers can have lower or even no selling expenses deducted from the selling price. Additionally they often will not ask for repairs. Still, due to the nature of “quick close, all cash investor buyers”, you will net less than a property is worth. After all, they’re buying your home to make a profit so they can’t offer you market value.
If you need a quick sale, as your broker I’ll protect you. I will show you statistics on every home in your neighborhood that sold in the past 6 to 12 months so you understand exactly how much your home is worth. Then I will get you multiple offers so you can pick the best one to ensure a fair, fast sale price often as quickly as 1 week (+/-) or if you prefer I could advertise it on MLS which likely will bring a higher offer as quickly as 3 weeks (+/-) or give you a FREE MAKEOVER then advertise it on MLS which will net you the highest sale price as quickly as 10 weeks (+/-). I’ll make recommendations but you decide how you want to sell.
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