Rather than vacate my home for multiple open houses and rely on a real estate agent to champion my best interests, I chose to go with a cash home buyer.
- The worry over a potential buyer’s loan approval, the results of a home inspection and months of negotiations was more than I was willing to take on.
In comparison, a cash sale is completed in a few quick and easy steps. I spent a few minutes filling out an online form. The cash offer came back in less than twenty-four hours. Once I accepted, the closing was scheduled for ten days later. I signed some paperwork and got my money. It was a hassle-free and rewarding transition. One of the main benefits of working with a cash buyer is the elimination of realtor commissions, closing costs and unexpected fees. In Jacksonville, Florida, real estate agents typically demand six percent. That significant amount cuts into the amount received from the sale of the property. Because I didn’t use a realtor, the total amount of the offer went into my account. It made it much simpler to plan financially for the future. Although the cash offer was somewhat lower than what I could have asked for with a conventional listing, the absence of additional costs, fees and commissions made it very reasonable. Plus, receiving immediate cash was a big advantage. If I’d gone the traditional route, I’d have needed to wait for loan processing, bank approvals and other financial procedures. Since I had accepted a job outside of Jacksonville, I was in a rush to relocate. With the money available almost instantly after closing, I was in a much better position to secure housing.