Selling a home is no walk in the park, especially if you want to do it quickly. If you are trying to sell your house fast, you may be wondering: “who can buy my home with cash in Tampa?” There are several options that you can explore when putting your home up for a fast sale.
In Tampa & St Pete, there are a number of house-buying companies who can buy your house for cash. A simple Google search can point you in the right direction. These are generally local investors who can close quickly because they don’t depend on financing.
If you want to explore more than just cash options, we can help! Below, we’ve described the three most common ways to sell your house in Florida. Keep reading to learn more about these options and consider which one might be best for you.
#1 Sell Your Home Fast for Cash to a Local Investor
If you are determined to find a quick buyer, a local home buying company like We Buy Houses in Tampa Florida is a great option for you. We buy houses in Tampa and surrounding areas in Florida when sellers need to sell fast. Most home buying companies can have cash in your hands within 10-14 days, which is awesome when you need to sell quickly and move on with your life.
House-buying companies may seem too good to be true, but that’s not always the case. A company like this is generally a local investor who will schedule an appointment to come look at your house. From there, they will give you a cash offer and you have the opportunity to take it or leave it.
How do these companies decide what to offer for your house?
The investor will likely take the following factors into consideration when making an offer to buy your house in cash:
- Current Condition of the Home
- Cost of Needed Repairs
- Potential Value of the Home After Repairs
- Location and Appreciation of the Area
In most cases, the offer will be lower than what a realtor would list it for, but you’ll save money in a ton of other ways. You’ll pay no agent commissions, no closing costs, no repairs, and no fees. You simply take the money and run! 😉 If that sounds good, we’d like to make you a fast-fair offer on your house today... or call us directly at (502) 419-8731. If not, let’s talk about your other options.
#2 Sell Your Home Fast for Cash with a Real Estate Agent
If you have a bit more time and can wait for the right buyer to come along, this could be a great option. A real estate agent could get your house in front of some cash buyers, but will also entertain buyers who need to wait for financing. It’s not always a guaranteed cash sale like an investor, but it is possible to sell your house quickly for cash through a real estate agent.
The most important factor in this scenario is finding the right real estate agent. Many agents deal only with traditional sales because the majority of home buyers use financing to make the purchase. This can make the process much longer than selling to a cash home buyer.
If you’d like to try using a realtor, start by asking at least five local Tampa agents to assess your home and show you some comparable homes that they have recently sold for cash. The agent you settle for should list your home in as many property websites as possible in order to broaden the market reach and of course put it on the local MLS (multiple listing service).
To help speed up the process, consider offering the agent an attractive incentive if they manage to sell the house within a specified time frame. With this option you will pay the real estate agent commissions, so be prepared to figure that into your overall costs. Commissions are typically between 3-6% of the sales price. For example, a $300,000 sale would result in $18,000 in commissions: 3% for the listing agent and 3% for the buyer’s agent. Be sure to consider this before listing with an agent!
#3 Sell Your Home Fast for Cash with a FSBO Listing
According to experts, 90 percent of all property searches begin online, meaning buyers do an online property search first. If you have the ability to list your house online, and time to show your property to potential buyers, a For Sale By Owner (FSBO) listing might be a good fit. The key component here is listing it ONLINE, to get your property in front of those active buyers.
If you prefer to have someone else do the online listing for you, there are tons of web based real estate agents you can call. They will list your home on their websites and some agents will even let you purchase a listing on the MLS for $300-$500+. Additionally, you can list your home on websites like Craigslist as well as online property directories in your area.
To attract potential buyers, you’ll need to fix up the house, declutter, clean, and take fantastic photos. We recommend using a professional photographer for this. Trust us on this one! The house will ALWAYS look more enticing when you use professional photos.
So, who can buy my home with cash in Tampa?
The simple answer is: LOTS of people can buy your house with cash!
Depending on how quickly you want to sell and how much time you have available, one of the above options should suit your needs. Consider the time spent on each options, versus the money you could make or save. Each option has pros and cons, and every house seller is different. Hopefully now you can make an informed decision!
Wanna learn more about option one? Click the link below. Our services are FREE and there’s zero obligation to accept the offer.