Selling your home is a big decision, and one that can have a significant impact on your financial future. If you're considering selling your Cape Coral property, you might be weighing the pros and cons of selling to a quick cash buyer (investor) or working with a licensed real estate agent. Every Cape Coral home seller is in a unique position so it’s important to go over all of the pros and cons of each option.
Here's a quick breakdown of what you need to know.
Selling to a cash buyer in as-is condition:
Pros:
- Speed: One of the biggest benefits of selling to a cash buyer is that the process can be very quick. Since cash buyers are typically investors who are looking to purchase properties quickly, they often have the funds ready to go and can close the sale in as little as a week to 10 days.
- Convenience: When you sell to a cash buyer, you don't have to worry about staging your home, making repairs, or dealing with the hassle of showings. Cash buyers are often looking for properties in as-is condition, which means you can sell your home in its current state without having to make any updates or improvements.
- Certainty: When you accept a cash offer, you can be fairly certain that the sale will go through. Since cash buyers don't need to secure financing, there's no risk that the sale will fall through due to a loan being denied.
Cons:
- Price: One of the downsides of selling to a cash buyer is that you most likely will not get the highest price for your home. Cash buyers are often looking for deals, and they may offer a lower price than what you would get if you sold your home through a licensed real estate agent at current market value.
- Scams: Unfortunately, there are some unscrupulous cash buyers out there who may try to take advantage of homeowners who are in a vulnerable position. It's important to do your due diligence and research any potential cash buyers before accepting an offer.
Selling your Cape Coral property with a licensed real estate agent:
Pros:
- Price: Working with a licensed real estate agent should result in a higher sale price for your home. Agents are experts in pricing properties correctly and marketing them effectively, which can attract more potential buyers and drive up the price.
- Support: Selling a home can be a complex and stressful process, but a licensed real estate agent can help guide you through every step of the process. From staging your home to negotiating with buyers, an agent can provide valuable support and expertise.
- Ethics: Our REALTORS are working within the laws of the state and ethics of their REALTOR association.
- Market exposure: When you work with a licensed real estate agent, your home will be listed on the multiple listing service (MLS), which means it will be visible to a wide range of potential buyers. This can result in more showings and more offers.
Cons:
- Time: Selling a home through a licensed real estate agent can take longer than selling to a cash buyer. It typically takes several weeks to list a home, stage it, and get it ready for showings, and then additional time to negotiate with potential buyers and complete the sale. Current market time in Cape Coral is about 60 days from listing to closing date.
- Cost: Working with a licensed real estate agent typically involves paying a commission fee, which is usually around 7% of the sale price. This can add up to a significant amount of money, especially if you're selling a higher-priced home. That being said, data shows consumers net more through an agent than selling it themselves or through a cash buyer.
- Inconvenience: If you are currently living in the house it can be stressful to keep your house in show ready condition especially if you have children, pets or elderly occupants in the home.
- Required repairs: In order to attract buyers and get the best possible price for your home, you may need to make some repairs or updates before listing it with a Cape Coral real estate agent. Having your best foot forward with great curb appeal will help increase your price!
All of that being said, at Florida Future Realty we offer both services to our home sellers. Whether you are looking for a quick, cash closing in as-is condition or you’d prefer the highest possible market value sale, we can help you. We have vetted cash buyers ready to go and we also have highly skilled marketing professionals, our licensed real estate agents, ready to list, market, negotiate and sell your house for the most possible net profit in your pocket within your preferred timeframe.
So home seller, what would you like to do? We can schedule an in-person meeting at your house to discuss the details of one or both of these options asap. Complete the following form and we will be in touch asap.
*Investors, if you would like to learn more about becoming an official investor (iBuyer) with Florida Future Realty please fill out this quick form and we will reach out asap to go over the guidelines and processes.