Selling to us v/s Local real estate agent
Advantage Selling to Us
| Selling w/ an agent | Sold to Mass Cash Home Buyers | |
|---|---|---|
| Commissions/Fees | Pay 5-6% in commissions | No Commissions or fees |
| Who Pays Closing Costs? | Repairs often required | Sell as-is (no repairs needed) |
| Inspection & Fin. Contingency * | Multiple showings | None |
| Appraisal Needed | Yes, sale is often subject to appraisal | None – We make cash offers |
| Average Days Until Sold | 60-90+ days to sell | Close in as little as 7-14 days |
| Closing Date | closing timeline is fixed | Close on your timeline |
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* With the help of inspection contingency, the buyer gets the required time for inspecting the property and back out or renegotiate the deal if there are any repairs that need to be done. In case, the seller doesn’t agree with the buyer, the buyer has complete right back out of the sale.
* A financing contingency provides space to the buyer, which enable him back out of the deal in case he fails to secure finance for the deal or there is no appraisal of the property value as required by the bank for the closure of the loan.
Here at Mass Cash Home Buyers we don’t use bank financing so you don’t have to worry about our ability to close on a deal.