3 Reasons Why You Should Sell House Fast and Off-Market

If you want to sell house fast, then listing it with a real estate agent is not for you.

But, of course, it is the more popular option. Why? There are plenty of reasons. First of all, it’s quite convenient. You don’t really need to do much since it’s the real estate agent who handles most of the process. Second, you get to ask for a higher price. Third, well, it’s a great way to weed out any potential scams and make sure that you complete the transaction in a legitimate manner.

There’s a lot of advantages to selling on the market, is what we’re trying to say.

Off-market transactions, however, should not be underestimated. There are also certain pros to bypassing brokers and finding a buyer to sell your property directly to.

Below are three legitimate reasons why it MIGHT be better to sell your house off-market.

1.    Significantly higher profit

Selling a house on the market can be expensive.

Remember, there’s a reason why brokers and real estate agents try to sell your house for the highest price possible, and that’s because it means there’s more money to be had for them. But, by skipping over their cut of the pie, you can sell your house for a higher profit margin even though the total contract price is much lower than if you would have listed your property on the market.

By selling off-market, you can expect to save anywhere between 5% to 15% of the total sale price.

2.    Expedited closing date

Not all owners are looking to make the most money possible by selling their property. Some just want to make a quick buck, while others find themselves in distressed situations and just want to get themselves out of it before it becomes worse.

Either way, when selling a house and listing it with a broker, your property goes through a long and arduous process that involves many things, including but not limited to creating an offering memorandum (OM).

This will serve as a detailed report containing all of the information regarding your property, especially in terms of finances and if there’s significant upside to investing on it. This can take anywhere between a couple of weeks to a couple of months. During that time, the number of houses on the market will only continue to grow, further shrinking any chances of your property being sold when you need the money.

Thankfully, you can skip this and sell off-market.

By dealing directly with the a potential investor or buyer, all you need to do is to provide them with all of the necessary information that they want, including but not limited to rent rolls and details about the property’s monthly expenses, among others.

Once this has been provided, the buyer can then underwrite the deal and give you an offer, which, if you accept, means that the closing data can be set in a couple of weeks or a little bit longer than a month.

3.    Faster and more convenient processing

As already mentioned earlier, not all owners are after the biggest payday, some are content with just minimal stress.

Selling off-market can potentially be that choice.

By selling off-market, you can skip all of the property tours, open houses, as well as random people poking around and checking out your property. That also means that you most likely won’t need to stage it anymore and can sell it as it is for little to no additional cost.

Not to mention, since you’re dealing directly with the buyer, it will be easier to find a deal that works best for both parties involved.

Should I Sell My House Fast to a Cash Buyer?

Cash buyers aren’t the only people who you can sell your house directly to, but they are the most convenient option.

If you sell your house to a cash buyer, it’s just like you’re selling directly to the buyer. The only difference is that cash buyers work faster and won’t hesitate to give you an offer in a matter of days if not hours. Not to mention, if you accept their offer, you and the cash buyer can close the deal in a month, give or take.

Of course, in the end, it all depends on you.

If you want to sell your property off-market, always consider how it will benefit you first. If, for example, you have more to gain from a higher profit margin, less hassle, and faster closing time, then, by all means, do sell your property off-market.

If nothing else, you can always try to sell house fast to a cash buyer in case your initial plan doesn’t pan out, or you can still have it listed with the help of a broker.

Download our
FREE Market Guide
Now

  • This field is for validation purposes and should be left unchanged.

See Our Google Reviews

Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
YASMINA VASQUEZ
YASMINA VASQUEZ
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
Next Reviews

Site Map
Privacy Policy

Click for the BBB Business Review of Cash Buyer New Jersey

BBB RATING: A+