Are you ready to part ways with your Sacramento property and curious about the potential cash value it holds? When it comes to selling your property, the choices you make can have a significant impact on the financial outcome. In this article, we’ll delve into the dynamics of cash offers for homes in Sacramento and explore how you can get the best deal.
Defining the Numbers
Determining an exact dollar figure for your property can be tricky, given the diverse nature of the Sacramento real estate market. However, the key factor to consider is whether your property is listed on the traditional market or sold directly without the involvement of a real estate agent. This fundamental difference can influence the final sale price, and here’s how:
On The Market: When your property is listed “on the market,” it means it’s presented by a real estate agent. The sale usually follows a process involving multiple showings and offers. Homes sold this way tend to fetch an amount similar to other properties of similar caliber in the area, which we refer to as the “market price.”
Off The Market: In contrast, an “off the market” sale means the homeowner chooses to directly engage with a buyer, bypassing the traditional listing process. Properties sold off the market often trade hands for slightly less than their market value, known as the “below market price.”
At Laurel Buys Houses, we specialize in purchasing homes off the market. To get a more comprehensive understanding of how we operate, don’t hesitate to fill out the form or give us a call at (916) 476-2381.
You might be wondering why anyone would opt for an off-market sale, which typically yields a lower price compared to the market.
Well, there’s more to this story:
- Selling on the market typically means you’re dealing with individuals who intend to make your house their home. They’re emotionally invested in the property, and this often results in a higher market price. Selling off the market often means engaging with a company that may have plans to renovate your house for resale or convert it into a rental property.
- Selling on the market generally involves buyers securing financing, which can lead to longer waiting times. On the other hand, an off-market sale, such as the one we facilitate at Laurel Buys Houses, usually involves a swift cash transaction. No more waiting around or navigating through financing uncertainties.
- Selling on the market can be expensive, especially if your property requires renovations before it’s ready for sale. However, selling off the market, through a company like ours, may enable you to sell your property as-is, saving you both money and time.
- Another financial aspect to consider is that selling on the market typically involves commissions, fees, and closing costs. On the flip side, selling off the market to a home buying company, such as Laurel Buys Houses, often comes with no additional costs, making it a financially appealing choice.
So, the final question is, how much will you pocket when selling your Sacramento property? The answer depends on your preferred method: on the market or off the market. Your decision should be based on your need for a quick sale and your willingness to invest in terms of time and money.
If you’re eager to explore your options further, we’re prepared to make a no-obligation cash offer for your Sacramento property. Feel free to reach out to us—click here to fill out the form or contact our office directly at (916) 476-2381.