Why Do Ft. Worth Sellers Prefer Cash Home Buyers?

Is it good to get a cash offer?

The cost of selling a house is rising, but so is the popularity of getting an offer from a cash buyer.

Getting an offer on your house is arguably the most important part of the entire home sale. That’s what this is all for. But not all offers are the same. That’s why it’s in your best interest to know that offers from cash buyers are on the rise.

According to ATTOM, cash buyer bids have been rising in popularity, and almost 40% of all single-family home sales in the United States were the result of an offer from a cash buyer during 2023.

In Texas alone, almost 1 in 4 home sellers prefer to sell to cash home buyers, as stated in a study done by the NAR (National Association of Realtors^®). But why are cash offers becoming so popular? Should you consider getting a cash offer?

How much does it cost to sell a house?

Cash sales may be more popular for home sellers due to the increasing cost of selling a house on the traditional market. The fees and costs to be aware of when planning a home sale include:

• Real estate agent commissions
• Inspections
• Repairs and renovations
• Cleaning
• Staging your home
• Marketing your home
• Title fees and title insurance
• Transfer tax and recording fees
• Property taxes during the selling period

You may also need to pay for:

• HOA fees during the selling period
• Mortgage prepayment penalties

This is a lot, and it adds up fast. In Texas, the total average cost of selling a house is around 12.89% of the sale price, according to Zillow Research data.

4 ways to sell your house

Your selling fees really depend on your selling method. A few of the most common ways to sell a house are to:

• Sell with an agent: This is the most traditional way to sell a home. You hire an agent to help you with the entire selling process. They will handle listing, marketing, finding buyers, and closing on the sale. Keep in mind that on top of agent commissions, you will most likely need to budget for possible repairs, renovations, staging, and marketing costs. You will also need to have showings and possibly a few open houses. You may get a buyer that will make a cash offer, but most will be individuals and families who use loans to purchase.
• Sell FSBO: FSBO (for sale by owner) means you get a direct sale and keep full control over every aspect of the home-selling process. From listing your home to vetting potential buyers, you will need to handle everything yourself. This also includes taking care of any legal documentation and closing. Most people who sell FSBO already have a buyer in mind, and that buyer may not make a cash offer.
• Sell to a cash buyer: When you sell to a cash buyer, you get a home sale that has the freedom of a direct sale coupled with the assistance of a traditional sale. With a cash home buyer, you’re able to skip the entire marketing process and get straight to the good part—getting a cash offer.
• Sell to an off-market buyer: When you sell your house off-market, you can avoid hassles of selling on the traditional market like repairs, showings, and agent commissions. The main difference between a cash buyer and an off-market buyer is that an off-market buyer may use financing or cash to make the purchase.

What are the benefits of selling a house for cash?

Sometimes it’s better to sell your house without a real estate agent. A home sale on the traditional market comes with a lot of added cost and complications.

When you sell your home for cash, you get:

• Less paperwork
• No stress when it comes to appraisals
• No buyer contingencies in your sale
• No showings, listings, or staging your home
• No commissions or hidden fees

Get a fast, convenient offer for your Ft. Worth home with We Buy Ugly Houses^®.

When you want a cash home offer, there are many companies to consider. It’s important to understand how each one operates. We simplify the process by buying houses "as is," meaning your property doesn’t need to meet the inspection requirements of a traditional 30-year mortgage.

If you want to skip the traditional selling process in favor of getting a quick offer for your home, We Buy Ugly Houses in Ft. Worth is the off-market home buyer for the job.

• Avoid paying to sell: We don’t charge commissions like an agent would, and our offers never come with hidden fees. On top of that, we pay all typical closing costs.^†
• Sell your home “as is”: Your property doesn’t need to be in tip-top shape for us to be interested buyers. We buy houses in many different conditions, so you can skip making repairs and renovations.
• Work on your own timeline: With We Buy Ugly Houses^®, you get a fast home sale that can sometimes take you from offer to closing in as little as 3 weeks. If you accept our offer, we’ll do our best to work with you to come to a closing date that fits your selling schedule.

Our commitment to our sellers has given us a nationwide 95%^* customer satisfaction rating from sellers who responded to our post-sale survey. Read reviews to see what it’s like to work with us.

In addition to the Ft. Worth area, we buy houses in the surrounding communities, including Denton and Tarrant Counties.

Ready to sell your home fast? Get in touch with We Buy Ugly Houses^® today for a free consultation with one of our local property buyers.