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Vet cash buyers and know your home’s worth
Before committing to a cash offer, it’s crucial to vet the company thoroughly. The level of service and integrity you experience from a house-buying company can vary, so make sure to:
- Research market presence: Investigate how long the company has been buying homes in your area and how they’ve performed in the market.
- Check reviews: Look for online reviews and ratings to see what other sellers have said about their experience with the company.
- Ask for referrals: Go beyond reviews and ask actual clients to get a better sense of the company’s reputation and trustworthiness.
- Examine the agreement: Before signing anything, read the buying agreement carefully to ensure you fully understand the terms and conditions of the sale.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer.
HomeLight can connect you with a top-performing agent in California. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your California home quickly
Working with iBuyers
Instant buyers or iBuyers offer sellers many of the same conveniences of other house-buying operations, but they also leverage algorithmic technology, otherwise known as automated valuation models (or AVMs), to give you a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.
Unlike more traditional We Buy Houses for Cash companies, they tend to look for homes in better condition and offer much closer to market value, typically in the 85% to 95% range. However, major iBuyer companies like Opendoor and Offerpad usually charge sizable fees for their services, usually between 5% and 6% of the home’s sale price.
Listing with an agent
With the right timing and marketing strategy, partnering with an agent could facilitate a fast home sale. On top of that, selling on the market generally fetches the highest home price, and that’s especially true if you work with a skilled professional. Our internal transaction data at HomeLight shows that the top 5% of real estate agents sell homes for up to 10% more than average agents.
Consult with a trusted real estate agent who can complete a comparative market analysis (CMA) so you can understand your home’s value and estimate how quickly it’s likely to sell. Your agent may even be able to connect you with cash buyers who are willing to offer closer to market value for your home.
A CMA is usually free, and you’re under no obligation to list with the agent. Use HomeLight’s Agent Match tool to connect with a top performer in California today.
