How Much Cash For Houses In Fort Worth 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 Fort Worth – they want to know how much they will get if they sell their house. If you’re thinking of selling and wondering how much you might get, this blog post will help to answer that question.
An Important Definition
Since this blog post will be read by people all over Fort Worth (and surrounding areas), with various price prices reflected throughout the area, it’s difficult to write about a specific dollar figure. However, here’s an important concept that will help you understand how much people pay cash for houses in Fort Worth…
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”.
Off The Market: When a house is sold “off the 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, this is called “below market price.”
You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Fort Worth than others?”
That’s a good question but there’s more to the story:
- Selling 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 the 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. Selling off the market, in a private sale, often means that a professional home-buying company is will to pay cash for houses in Fort Worth. (That’s why some people prefer to sell off the market – they don’t want to wait for the seller to get financing; they want to know they’ve sold the house right away).
- Selling on the market actually costs money… sometimes a lot of money. 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 it off the market, such as to a company like us at Texas Best Home Buyers, you may be able to sell your house as-is – saving the money (and the time and hassle).
- Selling on the market through an agent will often result in commissions and fees to the agent for the work they did to sell your house. But selling off the market to a home buying company like Texas Best Home Buyers usually means no commissions or fees or closing costs.
How much can you get for your home? Selling on the market may mean you sell your house for more money but it takes longer and costs more; selling off the market may mean you sell your house for below market price but it’s faster and there are no expenses or fees.
So, how much will sellers get in cash for houses in Fort Worth? It depends on how you sell – on the market or off the 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. The quickest way to find out what your house would sell for either off the market or on the market is to contact a professional homebuyer or a local real estate agent like Texas Best Homebuyers. We help our clients sell homes both on the market and off the market according to what is best for them. Upon your request we will be happy to give you our professional opinion of what your house would sell for on the market as well as off the market so you can make a quick and easy comparison.
We pay cash for houses in Fort Worth 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 (817) 808-4911
Understanding Current Market Value
We would love to help you get a better understanding of the current market value of you home. At Texas Best Homebuyers we do pay cash for homes in our area. We also are happy to list your home on the multiple listing service and walk you through selling the more traditional route. If we can be of service either by preparing for you a comparative market analysis (CMA) or by letting you know what your home would sell for off the market through a professional homebuyer like us then give us a call (817) 808-4911 or click on the orange section above to fill out a quick form. We will get back to you promptly and provide you with the most reliable and up to date information you need to make the best decision for your situation.
Since real estate agents are the only ones with access to the multiple listing service (MLS) it can be a challenge to find quality comps to determine the value of your home on your own. (Comps are recently sold homes in your neighborhood that are pretty similar to your home.) However, there are ways to find comps without using the MLS. Some people are willing to do some legwork to find local comps. You can use a reputable real estate website to find recently sold homes in your area or you can use an online home valuation tool. But asking an experienced real estate agent to do a comparative market analysis and getting their expert opinion on what your home is worth is probably your best bet because a lot goes into a CMA and an experienced professional will have even more relevant info at their fingertips that could have a big impact on what your home is worth. Texas Best Homebuyers has been helping folks with their real estate needs for more than 20 years. We take pride in making the process of selling your home as easy on you as possible whether you are selling on the market or off the market.
Let us know if we can be of service! Give us a call! (817) 808-4911