Sell Quickly and Easily With Cash Home Buyers in Atlanta
If you’re considering selling your brick townhouse in the Old Fourth Ward or your ranch-style home in Venetian Hills, cash home buyers in Atlanta can streamline the process, saving you time and effort.
Atlanta’s real estate market, with its mix of historic charm and modern developments, attracts a wealth of investors — both local and from out-of-state — who are ready to buy with cash. Investors purchased more than $1 billion worth of Atlanta-area residential real estate in the first three months of 2024, placing it in the top 10 U.S. markets for investment activity.
This guide will walk you through the steps to find and sell to cash home buyers in Atlanta, providing you with the insights needed to make an informed decision. From understanding local market trends to knowing what to expect in the cash sale process, we’ve got you covered.
Disclaimer: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal or tax advice. HomeLight always encourages you to reach out to your own advisor.
How to find cash home buyers in Atlanta
Selling your home quickly and with minimal hassle is possible with cash buyers. Here are some effective strategies to help you find reliable cash home buyers in Atlanta who might offer a fair deal.
Work with a reputable local real estate agent
Even if you’re opting for a cash home sale, working with a real estate agent can be highly beneficial. Agents often have connections to cash buyers who may be interested in purchasing your home outright. This network can save you the hassle of researching and vetting a long list of cash home buyers in Atlanta.
Additionally, an agent-recommended cash home buyer is likely to be more reliable, reducing the risk of scams or lowball offers. If you don’t already have someone in mind, HomeLight can connect you with top agents in Atlanta. Keep in mind that while agents do earn real estate commissions, their expertise and connections can often result in a faster and smoother transaction, making it well worth the investment.
Focus on investors rather than owner-occupiers
Alongside traditional buyers, Atlanta’s housing market attracts institutional investors, such as companies and LLCs, who often purchase properties for cash. In the first quarter of 2024, investors accounted for 21.1% of all homes purchased in metro Atlanta.
To attract these cash-flush buyers, consider posting your property on investment websites or attending real estate investing meet-ups. Additionally, you can request no-obligation cash offers from “We Buy Houses” companies in Atlanta. These companies are often looking for properties to flip, adhering to the 70% rule, which means they’ll pay no more than 70% of the property’s after-repair value minus repair costs. Focusing on these investors can lead to quicker sales and fewer complications compared to owner-occupiers.
Do your due diligence
Researching and vetting cash-for-homes companies is crucial to verify their legitimacy. Start by using the Better Business Bureau (BBB) to verify companies you are considering working with. You can also get in touch with the local chapter, BBB Atlanta & NE Georgia.
Read through online reviews on websites like Google, Yelp, Facebook, and Trustpilot. Check the company’s track record, licenses, and customer referrals to make sure they’re reputable and trustworthy. Doing this due diligence can help you avoid scams or other difficulties that could delay the sale.
Before signing an offer, ask for proof of funds
Choosing a cash buyer with readily available funds is absolutely essential. Ask the cash buyer for proof of funds, which is a document that verifies they have the necessary cash to purchase your home (typically a bank statement or an official letter). If the cash buyer is unwilling to provide proof of funds, consider it a red flag and work with a more trustworthy company instead.
