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Should I sell my house to a 'We Buy Houses' company?

A "We Buy Houses" company's cash offer is fast and certain, but investors buy below market value so they can resell at a profit. A private sale through a licensed agent to a buyer who will live in the home usually nets more, with privacy and a timeline you control.

MLMichael LindellMichael Lindell, REALTOR® · eXp Realty, LLC · Founder of Chimpre
Updated

How the two compare

Investor cash offerPrivate sale with an agent
Who buysAn investor who plans to resell or rentA buyer who plans to live in it
PriceBelow market value, by designBased on what qualified buyers will pay
SpeedOften within a few weeksUsually a month or more after an accepted offer
RepairsUsually noneNegotiated with the buyer
PrivacyHighHigh
RepresentationThe investor works for themselvesA licensed agent works for you

How to compare your net

Ask the investor for a written offer and its fees. Ask an agent for a net sheet at a realistic price for your home. Subtract each side's costs and compare the money you keep, not the headline price.

When cash makes sense

Speed above everything, a home that needs major repairs, or a situation where certainty matters more than price.

How it works on Chimpre

You keep the privacy of a cash sale while your home is introduced to agents whose active buyers want to live in a home like yours.

See who is looking for a home like yours

Chimpre introduces your home to agents whose active buyers are searching for a home like yours, in your area, at your price, with the space they need. Your agent shows you who is interested before anything goes public.

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Related questions

Is it legal to sell a house off-market?Can I sell my house without a sign or a public listing?How much is my house worth?

Sources

  1. An Atlanta investor buyer's own page noting offers are typically discounted below market value