iBuyer Cash Sales: Expert Seller Representation with Our Team

As your dedicated seller’s team, our priority is to ensure that your home sale is seamless, efficient, and profitable. We understand that balancing work and family commitments can be challenging, which is why we want to present you with cash buyer options. These alternatives can simplify the selling process and provide you with a quick and straightforward transaction. While there may be certain costs associated with cash offers, the potential benefits could make them a worthwhile consideration for your unique situation.

What to Expect with an iBuyer Cash Offer

Your Agent is Here to Help: After your cash offer is accepted, your real estate agent will coordinate with the Offers Department and reach out within 24 hours to answer any questions you may have.
Final Review by Cash Buyer: All offers are subject to final underwriting. Your agent will assist in gathering a comprehensive set of exterior and interior photos required for this process.
Offer Instructions: Your agent will provide you with the Cash+ Addendum, which outlines the terms of the offer, including fees, reserves, payouts, and purchase price.
Home Inspection: The buyer will conduct a home inspection within 15 days. Your agent will be there to guide you through this process and help identify any issues that could affect the property’s resale value.
Repair Options: After the inspection, the buyer will present potential remodeling options. Your agent will facilitate discussions about whether to accept the property as-is or negotiate any requested repairs, helping you avoid resale complications.
Move Out and Initial Payout: Once the transaction progresses, your agent will ensure that all necessary documents are signed. After closing escrow, you will move out of the property.
Listing on the Market: The buyer will complete any agreed-upon repairs, and your agent will arrange for professional photos before listing the property on the open market.
Resale Closing: Once you enter escrow with the new buyer, your agent will manage the transaction as it progresses and through closing.
Second Payout: After the second closing, you will receive your final payout, which includes the reserve and any additional proceeds from the sale.
Advantages of Cash Transactions: Cash offers facilitate quicker closings by eliminating mortgage approvals and underwriting processes, reducing the risk of financing complications.
Incentives for Cash Buyers: Cash buyers enjoy a significant advantage, earning a percentage of the upside proceeds if the property sells for more than the original purchase price after repairs, creating a win-win situation for all parties involved.

Cash Offer Options

Option 1: Flexible Cash Offer

This option resembles a retail iBuyer cash offer, providing you with the flexibility to choose your closing date and move at your convenience. While this convenience means you can avoid the stress of preparing your home for sale, it’s important to note that these cash offers are typically lower than market value. Although you won’t need to make repairs or updates, you may be leaving a significant amount of money on the table, as these offers can fluctuate with market conditions.

Option 2: Straightforward Cash Offer

This option provides a simple, one-time cash deal, similar to a traditional sale but without the need to prepare your home for the market. The process is smooth and hassle-free, making it an attractive choice for many sellers. Cash offers like these are often competitive and can fluctuate with market conditions. Be sure to inform your agent about any upgrades you’ve made, and any significant repairs needed, as this information will empower them to negotiate effectively for both cash and traditional offers.

Cash Plus Offer

A Cash Plus Offer presents a unique opportunity for sellers to obtain full market value for their home while allowing them to sell on their own timetable and avoid the stress of addressing deferred maintenance and preparing the home for showings. During the inspection period, the cash buyer will present you with proposed repairs and their associated costs, aimed at enhancing your profit when the home is relisted. This structure facilitates negotiation on which repairs to undertake, simplifying the selling process and fostering a mutually beneficial agreement for both parties.

Pros

Full Market Value: You have the potential to receive a price that reflects the true market value of your home.
Skip Showings & Stress: Avoid the hassle of multiple showings and the stress that comes with preparing your home for sale.
Sell on Your Own Timetable: You can choose a closing date that works best for you.

Move Out Before Repairs Are Made: This flexibility may allow you to increase your profit by addressing repairs after you’ve moved.
Understanding Repairs: The inspection period is a crucial stage in the selling process. During this time, the cash buyer will present proposed repairs along with their associated costs. If there are repairs you prefer not to undertake or if you want to set a budget, buyers are typically open to negotiation.
Lowering the Reserve Amount: Buyers may be willing to negotiate, particularly when repairs are minimal. This flexibility can provide sellers with additional funds for their next purchase, fostering a mutually beneficial agreement for both parties

Cons

6% Program Fee: This fee will be deducted from your proceeds.
Home May Not Sell for More When Relisted: If the property is relisted, it may not sell for more the same price as the initial cash offer.
Two Payouts: The process involves two payouts, which may complicate your financial planning.
Initial Payout May Not Cover Down Payment: The upfront cash you receive might not be sufficient for the down payment on your next home purchase.

Option 3: Sell Now, Move Later

Sell Now, Move Later shares similarities with the structure of the Cash Plus offer. Essentially, you receive the initial payout (usually around 70% of your sale proceeds) and have the flexibility to use those funds to search for your new home at your own pace, with a timeframe of up to twelve months. This offer may be higher than market value, which may be worth not dealing with a temporary home before finding your new one. In a traditional sale, the leaseback amount is equal to buyer’s new monthly mortgage payment.

Ready to Take the Next Step?

Selling your home is a significant decision, and our dedicated team is here to guide you through every step of the process. Whether you’re considering a cash offer or exploring traditional sale options, we are committed to ensuring a seamless and profitable journey for you.

Let’s discuss your options and discover how best to achieve your real estate goals!