A cash offer against listing it
Two routes doing two different jobs. Here is which is which, and what each one actually leaves in your pocket.
Call or text or start with your address
When selling for cash wins
A cash sale is the right call when time or condition is the problem rather than price.
A date on a letter from the bank. Repairs you cannot fund and a lender who will not finance the house as it stands. An estate that needs settling between people who do not all live nearby. A rental with tenants in it and damage you have not seen. A job that starts in another state next month.
In every one of those, the question is not which route pays more on paper. It is which one actually finishes, on a date you can plan around. A listing that collapses at week nine because the buyer’s lender walked is worth nothing at all.
What each route actually leaves you
A listing price is not what you keep. The commission is typically around 6% split between the two agents, and the seller customarily pays closing costs of roughly 2% on top. Those are the same two figures Next Door’s own comparison page has carried for years, and they are customary ranges rather than a quote. Ask any agent for their number in writing.
Then add what the house needs before it shows well, the carrying costs while it sits, and the repair credits the buyer asks for after the inspection.
Against us: no commission, no fees, we pay the closing costs, no repairs, no staging, no carrying months. The offer is lower and the deductions are nil.
Which one nets you more depends on your house, which is exactly why the sensible move is to get both numbers before you commit to either.
When you should list it instead
If your house is in good shape, you can wait two or three months, and you do not mind strangers walking through it at weekends, list it. A listed house is exposed to every buyer in the market, including the one who will pay a premium because they want to live in it.
We will tell you that on the call. It costs us a deal now and it is the reason people ring us back later.
Cash home buyers compared: what most do, and what we do
You have probably already had a call from someone who buys houses. Some of them are fine. Plenty are not, and the ones that are not all work the same way. Here is the pattern, so you can spot it whoever you end up calling.
- A big number on the phone to get you to sign
- An offer built backwards from the profit they want
- Pressure to decide before you have read anything
- The price cut again after their inspection
- Repair credits pulled back out of your proceeds
- Your contract sold on to a buyer you never met
- Walkthrough after walkthrough before anyone commits
- A closing date that keeps moving
- Hard to reach once you have signed
- No real certainty they close at all
- A written offer, itemised, so you can see how we got there
- The offer is based on what the house is worth repaired, less what the repairs cost, less our margin. We show you all three
- No pressure to decide on the call. Take it to whoever you want
- One walkthrough, not a parade of strangers through your house
- We buy it as-is. No repairs, no cleaning, no staging
- Zero fees and zero commissions
- We cover the closing costs
- You pick the closing date
- You are dealing with the person who signs the cheque
- Closing runs through a licensed title company or closing attorney local to your house
Before you sign with anybody, ask them to put the number in writing. Ask what happens to it after their inspection. Ask whether they are buying it themselves or selling your contract to somebody else. Anyone who will not answer those three has told you something.
Get your cash offer
Put the address in. We come back within a day with a number and the three figures behind it, and then it is yours to do what you like with. Take it to an agent and ask them to beat it if you want.
Takes about a minute. No fee, and nothing to sign to see the number.
Get a fair cash offer on your house
Put the address in and we will come back within a day with a number and the workings. Then it is yours to do what you like with. Take it to an agent and ask them to beat it, sit on it for a month, or ignore it entirely.
You will get Walt or Mary. No call centre, no script, and no pressure to decide anything while you are on the phone.
You are never under any obligation to accept our offer, and we do not pressure anyone. We just want you to do what is best for you, whether you sell to us, sell it to somebody else, or do not sell at all.