Sellers are asking about cash for houses in Orlando and Central Florida – they are wondering “should I sell my house off market for cash?” and “How much will I get?” If you’re thinking of selling and how much you might get for your home, this article will help to answer those questions.
What's the difference between selling on market vs off market
Since this article will be read by people all over Orlando and Central Florida, with various price prices reflected throughout the area, it’s difficult to provide a specific dollar figure. However, here’s an important concept that will help you understand how much people pay cash for houses in Orlando and Central Florida.
Sell my house on the market
When a house sold “on the market”, that means it’s usually listed by a real estate agent and sold after several potential buyers have seen the property and at least one has made an offer. Houses sold on the market will often be sold for approximately the same amount that other similar houses in the area have sold for. This is called “market price”.
Sell my house off market
When a house is sold “off market”, that usually means the homeowner has decided to sell their home directly to a buyer instead of list their home. Houses sold off the market will often be sold for slightly less than their market price.
At House Solutions USA, we are professional home buyers; we buy houses off market. To learn more about what we do, fill out the form to get a cash offer today or call us now at (407) 738-1581
Why would anyone sell their house off market for less?
Selling your house yourself on the market usually means you’re selling it to a person who will choose to live in the house. They’re buying the house for themselves and their family. But when you sell off market, you’re often selling to a company that might be investing in your house to turn it into a rental property or to renovate it and sell it.
Selling on the market usually means the buyer needs financing which typically takes 4-5 weeks. In many cases, the buyer does not get loan approval, which means that the contract is cancelled and you have to put the house back on the market and start all over again, wasting a month or more of your time. Selling a house off market means that a professional home-buying company is buying your house in Orlando and Central Florida with cash, so there is no loan approval to worry about. This is one of the reasons why most people prefer to sell their house fast off the market – they don’t want to wait for the seller to get financing or risk wasting months of time; they want to know they’ve sold the house right away on their schedule.
Selling a house on the market actually costs a lot of money. Firstly, if your house needs renovations and repairs, you usually have to spend money to fix up your house before you sell it on the market. However, when you sell off market, such as to a company like us at House Solutions USA, you are able to sell your house as-is – saving the money, time and stress.
Selling on the market also means you are going to hire a real estate sales agent costing you tens of thousands of dollars in commissions; the extra money you thought you were getting in a higher sale price is quickly wiped out by these commissions and fees. However, House Solutions USA does not charge you any commissions or fees to buy your house.
The Bottom Line
Selling a house on the market may mean you sell your house for more money but it takes longer, costs more and is more stressful; selling your house off market means that you are selling your house for a slightly lower price but it’s faster, there are no expenses or fees, and it is easy/hassle-free. Just look at what other sellers have to say about selling their house for cash.
So, how much will sellers get in cash for houses in Orlando and Central Florida? It depends on how you sell – on the market or off market… and that is determined by how quickly you want to sell and how much time and money you’re willing to invest to sell.