So you have some property that you’re looking to sell in Scottsdale, Arizona and now you need to decide how you’re going to sell the home. The traditional approach would be to list your property on the market. This can either mean getting the help of a real estate agent or just listing it For Sale By Owner (FSBO). Alternatively, you can choose to go to a cash home buyer especially if you want to sell your house fast in Scottsdale.
To help you make your decision, we at United Home Offer have come up with a few pros and cons for both options. We buy houses in Scottsdale, AZ regularly and have successfully executed countless transactions, so hopefully our expertise can help you sell your house fast in Scottsdale.
Pros and cons of hiring a real estate agent in Scottsdale
Hiring a real estate agent to help with listing, marketing, finding buyers, and closing the deal is typically one of the first steps people take when deciding to sell their houses. This is essentially the benefit that a real estate agent provides: they help you through the entire house selling process so you can get the most profit. Plus, a good real estate agent should be familiar with the real estate market in Scottsdale, so they can help you stand out from the competition with ease.
If you’re looking to maximize gains when selling, a real estate agent might be the best choice. However, going this route also comes with several notable disadvantages.
The first disadvantage is the time it takes to find a buyer and close a deal. In most cases, finding a buyer will take some time even when listed on a Multiple Listing Service. If you do find one, chances are they’ll be taking out a mortgage to purchase the house. This brings in another party, the lender, who will need to inspect your Scottsdale home and have it appraised, making the timeline much longer.
There’s also more uncertainty when your buyer involves a lender. Buyers must be vetted and approvals must be secured – yet rarely guaranteed. In some cases, your buyer can get disapproved for their loan and the deal falls through, sending you back to square one.
Choosing a cash home offer for your Scottsdale sale
The other option you have when selling your Scottsdale home is choosing a cash home buyer. Getting a cash offer for your home comes with some significant benefits. The first is speed and assurance. Going with a cash offer will usually result in a quicker transaction, with the whole thing going a lot faster than if a lender was involved. You won’t need to worry about waiting for approvals or inspections either since the deal will be paid in full using cash.
Secondly, since the offer is in cash, there is the presumption that the cash is available and ready to be handed over to the seller. Without a lender involved, there’s no risk of the deal falling through because the money is already secured. This can be extremely useful for those looking to sell their house fast in Scottsdale.
The only major downside to this option is the possibility of leaving some money on the table. You risk a below-asking bid since all-cash offers are usually so attractive to sellers, buyers may take the opportunity to negotiate the price down below the asking price.
So which do you go for?
The best choice for someone looking to sell their house fast in Scottsdale is to sell your home to a professional home buyer. Companies like United Home Offer provide fair cash offers with zero commissions and fees. You also won’t need to handle any repairs or have any inspections since we buy houses in Scottsdale, AZ as-is!
Contact one of the best cash home buyers in Scottsdale and in just a few simple steps, you can receive a fair cash offer in no time. You also have the convenience of choosing your closing date, giving you complete control over the timeline of the sale. Call us today and learn how we can help you sell your house fast in Scottsdale!