How Should You Sell Your House?
Traditionally with a Realtor
After compiling sales data, we find that most homes sell at a discount of 10% or greater of the list price.
Sales data also confirms buyers are requesting concessions of at least 8% to cover closing costs, repairs, and agent commissions.
When you list your house to sell, as a Seller you are typically going to pay a 3% listing broker commission.
Additionally, sellers should account for holding costs, which can be substantial over the 120-day average sale period.
Cash Buyer Investor
Cash buyers typically offer 100% of the listing price.
Typically there is a discount fee the buyer requires of the seller at closing around 20%. Call it a 20% buyer credit concession.
However, since cash buyers close within 30 days, there are no ongoing holding costs to consider.
No Repairs, Showings, or additional hagleing.
Sell by Listing vs Cash Offer Comparison
| Item | Traditional Sale | Cash Buyer |
|---|---|---|
| Listing Price | ||
| Negotiated Price (10% discount) | ||
| Buyer Concessions | ||
| Listing Broker Commission | ||
| Holding Costs (120 days vs 30 days) | $0 | |
| Net Amount to Seller |
Which Option is Best for You?
When choosing between these options, consider your priorities. If you want the highest net amount with a quick closing, a cash buyer may be the best choice. If you are comfortable waiting and negotiating, the traditional sale route might work better.
Want To See If a Cash Offer Makes Sense?
The Demitri Team @ eXp Realty - (561) 461-8620
Our Team of Realtors Are Located Throughout The U.S.
Broker: eXp Realty, LLC. - 10752 Deerwood Park Blvd. Suite 100 Jacksonville, FL 32256 - (561) 318-7240