Selling your home carries many emotional and time-consuming challenges. Even more so if this is your first time putting a property on the market. Suddenly, you feel like your home is no longer your home, the place where your family has enjoyed so many good times and built so many unforgettable memories. People are coming in to see the space and might be poking around your closets and cabinets. But you know the time has come to move.

Your First Step: Take the Emotions Out of the Transaction

Imagine yourself as a salesperson or businessperson and not as the owner of a cherished possession. View this transaction purely in financial terms and distance yourself from the emotional aspect. Present your home in the best possible light, as if it was a product you are trying to sell. If some minor upgrades need to be done, do them now. Walk around the house with objective eyes and look at every corner as if you were seeing it for the first time.

Your Second Step: Price your Home to Sell

It’s easy to think that your house is worth more than it is. But this is not always the case. Don’t price it according to your gut feeling, look at what other homes with similar size to yours are going for. Compare those in your neighborhood with the same number of bedrooms and bathrooms as well as square footage. You may also consider talking to an experienced real estate broker to set the best price. Once you establish the right price, get ready to sell!

Are there any advantages to accepting an all-cash offer?

There certainly are many benefits to an all-cash sale. Here are just some of them:

No Inspection

In traditional sales, having a home inspection is a regular occurrence. In an all-cash sale, your home can be sold “as is”. No inspection means no deficiencies will be uncovered, and this translates into no need for you to spend on improvements or fixes. An all-cash buyer expects that the property will have some defects and is ok with this.

No Showings or Marketing Needed

If you receive an all-cash offer, you can skip the appointments to view your home, and avoid any marketing efforts.

You Can Move to your Next Home Quickly

Avoid the stress of negotiating, going back and forth until a price that satisfies both parties is agreed upon. A firm, all-cash offer means you can accept it and get ready to move to your new home. Closing will also be much simpler since you won’t have to wait for your buyer to get approved for financing. An all-cash offer will definitely accelerate the closing process.

You Can Sell on your Own and Avoid Paying Commissions and Fees

If you list your home on your own and receive an all-cash offer, you will save on fees and commissions. This translates into more money in your pocket for you.

Don’t be intimidated by an all-cash offer. They are much more common than you think. If you are unsure if you can do this on your own, there are companies that look for win-win solutions and will help you sell your house, offering you options like selling to them and getting paid right away. You will face no closing costs, no commissions and you can close when you want.