I Need to Sell My House Fast in West Palm Beach: What Are My Options?
If you need to sell your house fast in West Palm Beach, whether you’re disposing of an inherited property, relocating for work, looking to cash out your home’s equity fast, or putting a divorce behind you, the two best strategies are: 1) seek out a cash offer or 2) work with a top real estate agent. In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale.
Option 1: Sell your West Palm Beach house fast for cash
HomeLight’s Simple Sale platform connects you to one of the largest networks of cash buyers in the U.S. We use the information you provide about your home plus local neighborhood data to get you a convenient cash offer, allowing you to close in as little as 10 days.
Simple Sale saves time in other ways since clients can skip repairs, home prep, and showings while still receiving a strong offer from our network. With this platform, you don’t have to pay closing costs, and you have flexibility about your moving date, as long as it’s within 30 days of closing.
HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.6 stars on Google based on more than 500 user reviews.
Who else will buy your West Palm Beach house for cash?
There are other ways to get a cash offer for your West Palm Beach home. Here are a few options to consider:
- iBuyers: Short for “instant buyers,” iBuyers use algorithmic technology to analyze market data and determine how much they’ll pay for your house. They tend to look for homes that are in good condition and require fewer repairs, so their cash offer may be closer to the market value of your home than some other cash buyers offer. iBuyers typically offer about 90% of market value. Sellers input information online and receive an initial offer from the iBuyer, often within minutes.
- Buy-and-hold investors: These are real estate investors who purchase properties and wait for them to appreciate in value. They will likely use the home as a rental property. This allows them to gain income from renters in addition to building equity through property appreciation.
- We Buy Houses’ companies: You’ve probably seen companies advertising that “we buy homes for cash.” These companies are made up of real estate investors looking for homes to buy cheaply, fix up, and sell at a profit. We Buy Homes for Cash companies will usually look at your home, make an offer, and close on the deal in a short time, often a week to 10 days. Generally, these companies will offer to pay 70% of what they think your home could sell for, minus the cost of fixing it up.
- House flippers: In addition to large companies in the cash-for-homes business, a house flipper may be willing to pay cash for your home. A house flipper is an investor who fixes up a home to sell it for a profit. House flippers tend to look for homes they can buy very cheaply, such as distressed homes or those in foreclosure. Flippers use the same formula as Cash for Homes companies, typically paying no more than 70% of what they think they can sell the home for, minus repair costs.