Many home sellers in Broken Arrow, Oklahoma, can attest that selling to a cash home buying company is more beneficial than using the traditional method of sale through a real estate agent. When someone wants to sell a house fast in Broken Arrow, Oklahoma, choosing a non-conventional seller like a cash home buying firm gives them a hassle-free experience. Below are a few reasons why cash home sales are popular over traditional sales.
Closing Time
Real estate investors that buy houses as-is for cash are famous for their quick closing rates. If you sell your house to a cash home buyer in Broken Arrow, Oklahoma, they will close the transaction in under a month, making the sale as stress-free as possible. However, selling through a real estate agent may take three months to a year. There is a chance of your house staying on the market unsold for a long time.
Hidden Costs and Commissions
Selling your house in Broken Arrow, Oklahoma, through the traditional method of using a real estate agent comes with many hidden costs like appraisal fees, inspection fees, and transfer taxes. In addition, there is also the high brokerage that your realtor will charge. However, if you choose a non-traditional sales method like a cash home buying firm, you can escape paying these hidden costs and commissions.
Renovation
Cash home buying companies buy houses as-is, no matter the condition. Even if the house is in a poor state of repair, you don’t have to worry about renovations because they will buy it in its existing condition for the best price. They even purchase damaged and neglected houses. Selling your home with a real estate agent requires you to renovate the home and upgrade it to make it eligible to be sold for a reasonable price. Selling your house as-is enables you to save time and money and makes the entire transaction simple and stress-free.
Closing Costs
A fee is paid when a traditional real estate transaction is closed, called the closing cost. Typically, the buyer and the seller will share this expense. But, if you sell your Broken Arrow home to a cash home buyer, you don’t need to worry about this cost as the buyer will take care of it.