How to Sell My House Fast in Montgomery: Cash Offer Options

Pros and cons of selling to a Montgomery house-buying company

Still not sure if selling to a Montgomery house-buying company is the right move for you? Here’s a quick comparison of some key pros and cons of working with these buyers.

Pros

• Sell fast: You can receive a quick offer, usually within 24-48 hours, and close within days, allowing you to move on to your next steps.
• Skip repairs: You can sell your home as-is, even if it’s in poor condition, without worrying about the costs or stress of making significant repairs.
• No staging or showings: Avoid the hassle of staging your home or rearranging your schedule to accommodate frequent showings.
• Flexible move-out dates: Many companies offer flexible timelines and move-out dates to suit your specific needs and schedule.
• Cover closing costs: Some companies may cover your closing costs, saving you from out-of-pocket costs you would be paying in a traditional sale.
• Avoid foreclosure: A fast sale to a cash buyer can be an effective way to prevent foreclosure and regain financial stability.

Cons

• Lower offers: Expect offers to be below market value, as these companies are out to make a profit. You’ll receive less money in exchange for speed and convenience.
• Less competition for your home: Without multiple buyers potentially bidding on your home, you’ll miss out on the chance to drive your sale price higher.
• No negotiations: Most offers are “take it or leave it,” meaning you lose control over the sale and have little room for negotiation.
• Not all companies are reputable: Not all house-buying companies are reputable, so you run the risk of falling for a scam.

Racynta Pollard-Abdullah, a top real estate professional who sells homes 23% faster than the average Montgomery agent, helps break down what sellers should expect when working with a cash buyer.

“It will be more of a wholesale price. If that works for the seller, it’s easier to get a cash buyer,” she says. Pollard-Abdullah recommends that sellers ensure a cash buyer is financially backed by the bank or shows qualified funds before moving forward with the deal. “Sometimes the deal is not guaranteed to go through with a wholesale. So make sure you have verifiable funds and make sure everything is pretty much concrete with that cash buyer, and there’s no contingency,” she says.

Option 2: Hire a top Montgomery real estate agent

Even if you need to sell your Montgomery home quickly, working with a top real estate agent might be a smart choice. An experienced agent knows the Montgomery market inside and out, and they can help you sell fast while maximizing your profit, even under a tight timeline. From pricing your home correctly to negotiating offers, agents handle the heavy lifting so you don’t have to.

Next up, let’s explore how quickly homes are selling in Montgomery’s current market, as well as the advantages of partnering with a top-performing agent in your neighborhood.

How fast are homes selling in Montgomery?

“Homes are right now selling anywhere between 45 days to 70 days on the market with an agent,” says Pollard-Abdullah.

Currently, homes are sitting on the market for a median of 53 days before going under contract. In addition, sellers must also take into account the extra 43 days it typically takes for a buyer to close on their purchase loan, bringing the total process to over three months.

Here is a snapshot of current real estate conditions in Montgomery:

*Does not include the typical 43 days a buyer needs to close on a purchase loan.

Data source(s): Estimates gathered from multiple Montgomery housing market data sources.

Benefits of selling with a top Montgomery agent

Don’t let the three-month average timeline scare you off — hiring a top real estate agent can significantly cut down your days on market while securing a higher sales price. How, exactly, does an agent benefit your home sale? Let’s take a look at some of the top advantages below:

• Ability to sell for more: A skilled agent has insider knowledge of the best pricing strategies to attract competitive offers more quickly.
• Can generate a speedy sale: Agents know how to create urgency and position your home to draw in the right buyers for a faster closing.
• Accurate, effective pricing: With tools such as a comparative market analysis, agents can determine how your home stacks up against others in the market and avoid overpricing.
• Professional negotiation skills: With finely-tuned negotiation skills, agents help secure the most favorable terms for your deal while sticking to your preferred timeline.
• Elevated marketing: Modern marketing techniques, such as virtual tours and social media, can help your home stand out in Montgomery’s market and gain more traction.
• Expert partner by your side: An experienced agent is your go-to for any questions and concerns during the sale, guiding you through every step of the entire process.
• Contract savviness: Agents are well-versed in real estate contracts, helping you navigate the terms and conditions of the sale with accuracy.
• Will know what to fix: Agents can advise you on which fixes and repairs will earn you a return on investment and which are counterproductive in Montgomery’s market.
• Can manage documents and disclosures: They also keep track of legal requirements and paperwork, ensuring you have submitted the correct state-specific disclosures.
• Network of skilled professionals: Agents have a vast network of trusted professionals on speed dial, so you’ll have access to any stagers, inspectors, or contractors you may need.

How to find a top Montgomery real estate agent

Want to work with a top-rated real estate agent in Montgomery but don’t know where to start? HomeLight’s Agent Match platform makes it easy by analyzing millions of transactions and client reviews, matching you with multiple qualified agents in the Montgomery market. Whether you’re selling or buying, HomeLight can connect you with the best local agents for your specific needs.

Expert agent tips to help sell your Montgomery house fast

If you’re a Montgomery homeowner looking to sell fast, local agents recommend a few strategic steps to appeal to buyers in this market. Here are some expert tips to help speed up the process:

• Price it right from the start: Avoid overpricing your home, as this can cause it to linger on the market. A local agent can help you set a competitive price.
• Highlight outdoor spaces: Buyers in Montgomery value outdoor living spaces. Showcase your patio, garden, or other outdoor spots to attract attention.
• Stage for remote workers: With a rise in remote workers nationwide, staging a dedicated home office or workspace can appeal to this growing segment of buyers.
• Boost curb appeal: Fresh landscaping, a newly-painted front door, and installing outdoor lighting can all create a strong first impression. “Presentation is very important when you pull up to the home,” says Pollard-Abdullah.
• Get a pre-sale inspection: A pre-listing home inspection can reveal hidden issues like roof damage or plumbing leaks, which allows you to address these before listing.
• Offer a home warranty: Providing a home warranty can give buyers more confidence in their purchase, especially if they are concerned about repairs down the line.
• Use professional photography: High-quality, professional photos will always be critical to helping your listing stand out online and generate more buyer interest.
• Leverage social media: Share your listing on social media platforms to broaden your home’s exposure and visibility in your area.

Pollard-Abdullah also emphasizes the importance of staging, curb appeal, and decluttering.

“Make sure the home is presentable and clean, but also in neutral colors,” she advises. “The most important feature is having the home staged and having one person come in to view it at a time.” Lighting candles, playing soft music, and ensuring the home smells pleasant can all help to create a welcoming and homey environment for the buyer.

Pollard-Abdullah also recommends installing green features, like energy-efficient windows, and taking video and drone footage of the home, especially if the seller is not planning to host an open house. This way, interested buyers can peruse the home online in more detail.

Ready to sell your Montgomery house fast?

Whether you choose to work with a top Montgomery real estate agent or pursue an all-cash offer, finding the best option for your individual situation is the key to a successful sale.

• If you’re in a hurry, a cash offer through HomeLight’s Simple Sale platform may be the quickest and easiest solution.
• Alternatively, hiring an experienced agent can help maximize your sale price and ensure your home is marketed effectively. HomeLight can connect you with top-rated agents in your Montgomery area.

If undecided, consider trying both options. Comparing a cash offer with an agent’s expert market insights will give you a comprehensive overview of your options.

While selling your home quickly in Montgomery’s market may sound daunting, HomeLight is here to help every step of the way. With the valuable resources and tips presented in this guide, you’ll be more than prepared to sell your Montgomery home quickly.

Header Image Source: (sepavone / Deposit Photos)