How to Sell My House Fast in Maryland: Cash Offer Options
Are you a homeowner in Maryland looking to sell your house fast? Whether you’re facing a sudden life change or a planned move, navigating the real estate market in the Old Line State can feel daunting, especially when time is of the essence.
In this guide, we’ll explore ways to fast-track your Maryland home sale — from cash offers to hiring the best real estate agents. We’ll discuss the pros and cons of working with a house-buying company and what you can expect if you go with an agent instead. We’ll also share expert tips used by top Maryland real estate agents to sell a house fast and for more proceeds.
Option 1: Sell your Maryland house fast for cash
Selling your Maryland house to a cash buyer allows you to cut through the traditional real estate process, such as inspections and repairs, home prep and staging, and can significantly accelerate your home sale.
HomeLight’s Simple Sale platform connects you to the largest network of cash buyers in the U.S., including trusted buyers in Maryland. We use the information you provide about your home plus local neighborhood data to get you a convenient no-obligation cash offer in 24 hours. If you accept the offer, you can close in as few as 10 days.
Here are the three basic steps in the Simple Sale process:
HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews.
Who else will buy your Maryland house for cash?
You can also find other cash buyers in Maryland, such as house flippers, iBuyers, and investors, who will buy a house for cash. Here are examples of these businesses, the types of homes they look to purchase, and their process.
House flippers: House flippers buy homes with good bones in dire need of repair to remodel and resell as turnkey for a maximum profit. Flippers typically make offers well below market value to account for the cost of needed repairs.
iBuyers: iBuyers use a proprietary algorithm that compares many data sets, including price history, lot acreage, a home’s square footage, tax valuation history, and other data points to determine the home’s automated valuation model (AVM). While historically offering more than flippers, iBuyers typically charge sellers a fee between 5% to 6%.
Buy-and-hold investors: Buy-and-hold investors buy houses as long-term investments, often converting properties into rental units to build equity.
Franchising/homebuying companies: These investors will buy your house “as-is” for cash, and renovate and sell them as turnkey homes for a significant profit. Like flippers, these investors offer sellers below market value.
Cash house buyers in Maryland
Maryland house-buying companies, also known as We Buy Houses companies, typically buy houses in need of repairs. Most of these companies will conduct a walkthrough within 48-72 hours, pay cash, and strive to close the sale in around seven to 10 days. In more urgent cases, some Maryland cash buyers can close in as little as three days.
Here are examples of some of the top house-buying companies in Maryland.
Company name
Contact
About
Closing costs*
We Buy Houses In WDVM
webuyhousesinwdvm.com
240-693-3560
Serves WV, DC, VA, and MD, and provides a “Beat Any Offer” guarantee
None
Simple Sale (a HomeLight platform)
homelight.com/simple
844-488-8455
Connects you to the largest network of cash buyers in the U.S., including trusted buyers throughout Maryland
None
The House Guys
thehouseguysdc.com
571-207-5171
Highly-reviewed regional company serving DC, VA, and MD
None
HomeVestors / We Buy Ugly Houses®
webuyuglyhouses.com/maryland
866-288-9505
Largest professional house-buying franchise in the U.S — available in the Baltimore area
None
We Buy Houses
weBuyHouses.com/MD
877-932-8946
Provides unified branding, marketing materials, and systems to professional investors nationwide
None
*Service plans can change. Check the company’s website for current fees and costs.