Deciding to sell your home is a major milestone. But after the initial excitement begins to wear off, it’s time to make another crucial decision: Sell your home directly on the market or through a private buyer?
If you don’t know too much about the two, don’t worry. Our new Home Seller Calculator highlights the differences between the two, so you have more guidance to make an informed choice on which way to sell your home in Southern California!
Keep reading to learn a little more about selling on the market versus through a private buyer and what our calculator covers.
Jump to Location
What is a Private Home Buyer?
Most people are familiar with the traditional method of selling a home. You work with a real estate agent or company who helps put your house on the market, stage it, work with the buyer and their home loan approval process, and many other little details that can make selling your home take a while.
A private buyer will buy your house with cash, generally as-is, because they know what they’re getting themselves into and see your home as an investment. With this process, you save time and money. Private buyers work with inspectors and escrow companies directly so that you can get your fair price sooner rather than later!
What’s in the Home Seller Calculator?
The home seller calculator asks four essential questions:
- What is your estimated home value?
- What is the cost of necessary home repairs to sell on the market?
- What is your monthly mortgage payment (taxes and insurance)?
- What is the current amount you need to pay off your mortgage today?
And that’s it!
Each of these questions shows what it means to sell directly on the market or with a private buyer. For example, if you go the traditional route, there’s no way you can open your house to potential buyers with significant repairs. They’ll notice – and they won’t like it!
On the other hand, private buyers can make the repairs for you. You won’t have to worry about the hassle of arranging everything or worry someone will see a chipped floor! And that’s after they make you a fair cash offer.
Private buyers also know how to sell almost any type of home. From foreclosures to inherited homes to rental properties, they can fix any issues, settle the necessary paperwork with third parties, and essentially handle all the hard stuff.
Selling on the Market vs. Private Buyer?
Now, we come back to our original question! Even though private buyers come with many pros, you could make more on the market based on numerous factors. Our home seller calculator can highlight the nitty-gritty details so you can know for sure which avenue you should take.
Use the calculator now. It takes just a few short minutes, but when you’re done, you’ll have the information you need to sell your home in a way that makes sense for you! If you want to skip the calculator and see what we would be willing to offer you for your home, simply fill out the short form below and we’ll make you a fair, all cash offer for your home.
We buy houses fast for cash and would like to make you a fair cash offer for your house. We can buy any house in Riverside, San Diego, Los Angeles, San Bernardino, and Orange County no matter the condition or situation. Reach out to us today at 951-331-3844 or click here to learn more.