How Much Cash For Houses In College Station Can You Get?
If you’re thinking about selling your house, here’s how much money you can get…
Sellers are asking about cash for houses in College Station – they want to know how much they will get if they sell their house. This blog post will help answer that question.
An Important Definition
Because this blog will be read by people all over College Station with different prices in their area, it would be impossible to place an exact figure on the value of a house. However, here’s an important concept that will help you understand how much people pay cash for houses in College Station.
On The Market: Selling a house “on the market” means that the house is listed by a real estate agent and sold after a potential buyer sees it and offers to buy it. Often, houses on the market will sell for approximately the same amount that similar houses in the area have sold for. This is called “market price”.
Off The Market: An “off market” sale means that the homeowner has chosen to sell the house directly to a buyer, instead of listing the house through a real estate agent. The price of houses sold “off the market” are usually slightly lower than the market price. This is referred to as “below market price”.
You might be reading this and asking, “why would anyone accept less cash for houses in College Station than others?”
This is a good question but there’s more to the story:
- Selling on the market mostly means that the buyer of your home is buying for themselves and their family, and is willing to live in the house. However, selling your property off the market to an investment firm means that the company may either chose to turn the house into a rental property, or sell it off after renovating it.
- Buyers of houses placed on the market usually need financing. However, in a sale off the market, the buyer is often a professional home-buying company, willing to pay cash for houses in College Station. (In order to avoid the delay associated with waiting for an on-the-market sale, most sellers prefer to sell off the market, selling the house right away.)
- It costs money to sell a house on the market. This is mostly due to renovating and repairing the house before listing it for sale. However, selling off the market does not necessarily require a seller to renovate or repair the house. A company like Texas Direct Home Buyers can buy your house as-is, saving you from the additional expenses of renovation and repairs (and the time and hassle).
- An on-the-market sale involves a real estate agent, and the proceeds you get from the sale will be reduced by paying the real estate agent a commission and fees for the work done in selling your house. But selling off the market to a home buying company like Texas Direct Home Buyers typically means no costs at all on your part.
How much can you get for your home? Selling your house on the market can mean more money for you, but the duration of the sale can be long and end up costing you more. Selling off the market may require you to sell below the market price, but it is faster and less tiring, with no expenses or fees.
So, how much will sellers get in cash for houses in College Station? It depends on how you sell – on the market or off the market. This is determined by how quickly you want to sell, and how much time and money you’re willing to invest to sell.
We pay cash for houses in College Station and we’d like to make a no-obligation offer on yours. Click here to fill out the form or call our office right now at (979) 431-1663