We buy houses as is, and we buy houses for cash
Why should I consider selling my house to a cash buyer who buys houses with cash and as is vs. listing my home on the market? There are a great many decisions involved when deciding to sell, and once you do, you face the next hurdle; what are my options for selling?
Selling your home is one of the most significant financial transactions of your lifetime, and the method you use to sell can significantly affect your bottom line. Common expenses include repairs, realtor fees, closing costs, and possibly relocation expenses.
And not every home is a good fit for the Denver real estate market. Not every seller has the time, money, or interest in listing on the MLS. While it may not be your first consideration, for some homeowners, the benefits of a direct cash sale may outweigh those of a conventional listing, but wouldn’t it be nice to know which is best for you?
If you’ve decided it is time to sell, read on as we explore 4 things to compare when deciding between a listing and a direct cash sale for your Denver home.
Convenience
The convenience of your sales method is something to compare when deciding between a traditional listing with a realtor and a “we buy houses for cash” company like Dragonfly Investment and Development. We can help you outline the steps of each, so you can decide if the convenience of a direct cash sale outweighs the extra profits to be made by listing with an agent. We can refer you to a reputable real estate agent to market your home, listing on top sites. Or, acting as a direct cash buyer, Dragonfly Investment and Development will work with you as a professional investor to give you a cash offer for your home. Working with a cash buyer is far more convenient than listing your house on the market and in many situations, you can have an offer in 24 hrs and close within 7 days.
Expenses
It’s essential to compare the expenses that accompany each method when deciding between listing on the market and a company that will buy your house for cash and as is. We will work to provide you with the information you need to make an educated decision. Here is a table that outlines the differences. All of the expenses of a cash sale are handled by the direct sales company, whereas with a realtor, you will need to possibly make repairs, pay commissions and closing costs.
| Buy My House for Cash | Real Estate Agent | |
| Listing fees | No fees | 6% paid by you “the seller” |
| Closing costs | We will pay closing costs | 2% paid by you “the seller” |
| Repairs | We pay for repairs | Repairs to be made based on inspection |
| Open houses | No open houses | Ongoing until under contract |
| Financing | Cash offer | Lender must approve sale |
| Closing date | A date that works for you | 45-60 days after offer is accepted |
| Time | 14-30 days | 90 + days |
Real estate agents can also help you to calculate their commission, fees, marketing costs, and potential holding costs of listing acting as your agent. On the other hand, there are no listing expenses should you work with Dragonfly Investment and Development to make a direct cash sale. There are no commissions, hidden fees, or marketing costs, and you won’t even pay closing costs.
Timeline
It would help if you also to compare the time until your deal closes when deciding between a listing and a direct cash sale for your Denver home. According to Movoto Denver market trends, homes in Denver, CO took an average of 79 days on the market in 2022 compared to 17 days in 2021. And the median price per square foot was $373 in 2022 compared to $528 in 2021. A real estate agent will advise you of the current average days on the market. A company that advertises ‘we buy houses for cash‘ can provide a guaranteed closing date when you make a direct sale, typically within days. Or, if there is a specific calendar date you need to move on, we will make the proper arrangements.
Prep and Repairs
Another thing to compare when deciding between a listing and a direct sale for your Denver home is the financial and emotional cost of the prep work or tackling significant repairs. Of course, your expense will vary depending on your circumstance but one estimated cost can be between $200 to $7,055. Curb appeal matters when you list, so you should consider refreshing your exterior paint, landscaping, and lighting to make your home more welcoming to buyers. Diving into significant repair projects can be scary if your home is not brand new or in like-new condition. Many sellers have concerns over what expensive secrets may hide behind the walls, under your roof, or floor, causing restless nights of worry over the inspection.
At Dragonfly Investment and Development, we buy homes for cash in as-is condition, so you can rest easy when you make a direct cash sale.
Top realtors are local professionals who will help you compare all the pertinent details when deciding between a listing and a direct sale for your Denver home. Talk to one of investors at Dragonfly Investment and Development today about your home and circumstances without obligation. Our goal at Dragonfly Investment and Development is to help you find solutions, offer convenience, and help you make the most profit on selling your Denver home while meeting your needs. You can work with your real estate agent to list or get cash for your house with Dragonfly Investment and Development acting as a professional investor. At Dragonfly Investment and Development, you’ll work with a local full-service in-house team of industry specialists, including everything home sellers need to make the process quick and easy. Call Dragonfly Investment and Development at (720) 263-0121.