Written By The Simply Homes Team | August 8, 2022 | 4 minute read
With no financing delays or unexpected appraisal outcomes, an all-cash offer takes the uncertainty out of selling your home. But, how do you find a cash buyer for your home?
There's no single solution for locating a cash buyer that will work for every seller. Instead, sellers looking for valuable offers should take advantage of a variety of sources.
When you sell your house with a real estate agency, you'll be contacted most frequently by buyers who plan to finance their purchase with a mortgage loan. However, choosing the right realtor can occasionally help you find cash buyers as well.
Cash sales are on the rise, and agencies are taking notice. According to a 2022 report by the National Association of Realtors, "All-cash sales accounted for 28% of transactions in March, up from both the 25% recorded in February and from 23% in March 2021."
Agents with solid investor contacts may know cash buyers who are actively seeking to buy. You'll benefit from these connections when your agent recognizes that your sale is a good match for an investor.
Property auctions are a valuable resource for homeowners who are marketing and selling their homes independently. Real estate auctions attract cash buyers with the intent to buy, which is precisely the audience you're looking for as a home seller.
While you're on your search for a buyer, make a plan to attend a minimum number of auctions per month and stick to it. Cast a wide net by visiting auctions in several cities and make a list of contacts to follow up with through email.
Buying and selling property online allows you to reach a wider market of buyers. Many buyers will turn to the internet first to find houses tailored to their specific needs.
When you sell your home with a realtor, they will list it on a local database of houses for sale called the multiple listing service. Many agencies also advertise clients' homes on their own website landing pages. The fact that major agencies rely on these marketing avenues demonstrates the power of reaching an online audience.
What's the best online place to find a buyer for your home? Ideally, you should use multiple platforms when marketing your house online. In addition to dedicated real estate marketplaces, you may find success with general marketplaces like Craigslist. Social media apps and sites, such as Facebook and Twitter, can help you connect with buyers through real estate interest groups.
While online marketing is an invaluable resource, you shouldn't discount the old-fashioned advertising method to your local community. Even a simple "for sale" sign in your yard will attract attention your house would otherwise miss.
Make sure your property sign includes the information that potential buyers need. Include your name, email address, and phone number so that passers-by can get in touch later. But be careful not to overcrowd your sign and make the critical information difficult to find and read. Place signage close to the curb so that it's legible for those driving by.
An instant buyer like Simply makes it quick and easy to sell your house for cash. Instant buyers are companies that make all-cash offers on homes.
When you sell to an instant cash buyer, you skip the hassle of getting your home market-ready. These companies purchase houses as-is and factor the cost of repairs into their offer. When you sell to an instant buyer, you don't have to worry about real estate fees or arranging showings for your home.
Simply is a real estate investment company focusing on making offers that are as close to market value as possible. We use an in-home assessment and recent market data from your area to value your home and maximize our offer.
A sale with Simply can close in as little as 7 days, so it's an excellent option for sellers looking to move quickly. Click here to request an offer today and receive a response in as little as 30 seconds! We can quickly check your address to let you know if we're a good fit.
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