The Cons of Not Selling Direct-to-Buyer

Oct 11, 2022

When selling their home, most people will go down the traditional route of finding a realtor, listing their home, and then waiting for someone to make an offer. While this is more common, many people are beginning to turn to cash sales and are specifically selling to home-buying companies. This…

Written By Offer Hut

When selling their home, most people will go down the traditional route of finding a realtor, listing their home, and then waiting for someone to make an offer. While this is more common, many people are beginning to turn to cash sales and are specifically selling to home-buying companies. This is a highly beneficial option in many situations, but understanding the cons is still valuable. 

Accepting a Low Offer

In most cash sales, you will typically receive a lower offer on your home than you might expect. Cash buyers are prone to buying homes in their current condition which removes the responsibility of making repairs or renovations from your shoulders. Unfortunately, this is reflected in the price. Cash buyers will buy a home for lower than what you could have made if you fixed up the home. Additionally, they factor in how much it will take for them to make repairs and they deduct this from the offer they make. Selling to a cash buyer, and a home buying company specifically, can make for a fast and easy sale, but you won’t be making as much money. 

Potential Scams 

There are plenty of reliable home-buying companies out there that routinely purchase homes for cash. However, cash buyers are not always what they seem. There is a high risk of potential scams. Some buyers are not actually legitimate buyers. Scams include buyers who renegotiate the price after you’ve made a contract or they’ll keep making changes to the contract. You may also encounter buyers who don’t have the funds for a sale at all. This is a waste of your time and you have to begin your search all over again. 

Not Knowing Your Buyer 

When you sell your home, it’s comforting to know who will be buying the property. You’re selling a place that was important to you and you want to know it will be taken care of. Additionally, you have friends and neighbors you’re leaving behind and you want to make sure they’re respected as well. When you sell to a home-buying company, you have no idea who will actually end up with your house and how the sale will affect the surrounding area. This doesn’t necessarily affect you, but it does leave an impact on others. 

A cash sale is a great solution for anyone who needs to quickly sell their home. It’s an easy process and home-buying companies are a reliable option. However, there are drawbacks that you should be aware of. 

If you choose to sell to a cash buyer, you want a reliable option. Click here to get a quick offer from Offer Hut on your property. 

Testimonial

What our clients are saying

Sarah D. (Durham, NC)

“The Sell Triangle team really knows their stuff. As a seller in a difficult situation, I was able to not only get a great cash offer for my home, but we were able to close in just a few weeks! I would highly recommend this company for anyone trying to sell their house fast.”

List With A Realtor Or Sell To A Cash Buyer?

  • Which option is quicker?
  • Puts more cash in your pocket?
  • Guaranteed less hassle?

We Buy Houses in Wake County, NC

Wake County | Raleigh | Cary | Apex | Holly Springs | Fuquay-Varina | Morrisville | Wendell | Garner | Knightdale | Zebulon | Rolesville

We Buy Houses in Johnston County, NC

Johnston County | Smithfield | Selma | Four | Oaks | Wilson’s Mills | Archers Lodge | Clayton | Benson | Princeton | Pine Level | Micro

We Buy Houses in Durham County, NC

Durham County | Durham | Rougemont | Gorman

We Buy Houses in Orange County, NC

Orange County | Hillsborough | Carrboro| Efland | University City

We Buy Houses in Chatham County, NC

Chatham County | Pittsboro | Siler City | Moncure | Goldston | Gulf

We Buy Houses in Granville County, NC

Granville County | Oxford | Creedmoor | Butner | Stem | Stovall

We Buy Houses in Franklin County, NC

Franklin County | Louisburg | Youngsville | Franklinton | Bunn | Centerville

Recent Articles

How Fast Can You Close on a Cash Sale?

How Fast Can You Close on a Cash Sale?

Selling to a cash buyer can offer you a variety of benefits, but the speed of the sale is perhaps the biggest draw. Closing on a cash sale is much faster than a traditional sale because the process is streamlined. You can complete the entire process in under 30 days. ...

Why Sell to a Cash Buyer?

Why Sell to a Cash Buyer?

As you consider what route you want to take when selling your home, it’s worth it to consider all your options. Cash sales are quickly becoming a popular option. There’s a lot of value in selling to a cash buyer. No Mortgage Loan In a traditional sale, the buyer has...

The Cash Home Sale Process

The Cash Home Sale Process

Selling your home to a cash buyer can provide you with a faster, easier, and cheaper sale. If it’s your first time selling to a cash buyer, you may be curious about the process. Fortunately, it’s fairly simple to understand.  Finding a Buyer  Your first step will be...