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

Pros and cons of selling to an Omaha house-buying company

Still not sure if partnering with an Omaha house-buying company is the best choice for you? Here’s a quick comparison of some of the key pros and cons of this option.

Pros

• Quick sale: You’ll typically get a fast offer and can close within a few days, which is ideal for homeowners facing a time-sensitive move.
• No need for repairs: You can sell your home as-is, saving time and money on major repairs you might need to complete in a traditional sale.
• No staging or showings: Skip the stress of staging and hosting multiple buyer walkthroughs or open houses.
• Flexible move-out dates: Many companies offer flexibility in your move-out timing, letting you pick the date that works best for you.
• Less uncertainty: With no buyer contingencies or financing delays, the risk of a sale being delayed or falling through is reduced.
• Closing costs covered: Some buyers may cover your closing costs, significantly reducing the fees you would pay in a regular sale.
• Foreclosure relief: A quick cash sale can help you avoid foreclosure and gain relief if you’re facing financial instability.

Cons

• Lower offers: Cash buyers almost always pay below market value, so you likely will earn less for your home than you would selling on the open market.
• No competition: Without multiple offers, you won’t benefit from a potential bidding war that could raise your home’s price.
• Loss of control: The buyer usually sets the final price and terms, giving you little to no room for negotiation.
• Risk of scams: Be cautious of scam companies, and always thoroughly research any cash buyer to ensure they are legitimate.

Tyler Bundy, a top agent in Nebraska who sells homes over 20% faster than the average agent in his market, emphasizes the likelihood that sellers will lose out on profit when selling to a cash buyer.

“When it comes to ‘We Buy Houses’ or cash offer companies in Nebraska, they are investors looking to make a profit. So if you’re looking to sell for a premium dollar or for market value and receive a cash offer, that will not happen,” Bundy says. “You will receive an offer that might be 20% to 30% below the market value.”

Option 2: Hire a top Omaha real estate agent

Even if you’re hoping to sell your Omaha house fast, hiring a top real estate agent can be a smart move. A skilled local agent understands the nuances of the Omaha housing market and knows how to position your property for a quick and profitable sale. From pricing your home competitively to negotiating offers, they’ll manage every step of the process, helping you sell swiftly while maximizing your return.

Let’s take a closer look at how fast homes are selling in Omaha and explore the benefits of working with a real estate professional.

How fast are homes selling in Omaha?

Homes in Omaha are selling quickly compared to many areas of the country, going under contract in roughly two weeks, according to the Great Plains Regional MLS. After accepting an offer, buyers typically need an additional 43 days to close on their purchase loan, bringing the total selling timeline to just around two months.

With only 1.6 months of active inventory supply and a median sales price that has increased 2.5% from the same time last year, Omaha is experiencing a seller’s market where homes are moving quickly due to limited availability.

“As the market has shifted with higher interest rates, the homes that are selling faster are those that are priced correctly and have more updates than other homes,” Bundy says.

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

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

Data source(s): Great Plains Regional MLS, World Population Review

Benefits of selling with a top Omaha agent

Partnering with a top real estate agent in Omaha can streamline the selling process and help you close the deal faster.

“You get the benefits of faster selling, professional marketing, professional negotiation — all of those things you get when you list with a Realtor,” Bundy says.

How else, exactly, does working with a real estate agent benefit your home sale? Let’s take a look below:

• Ability to sell for more: A skilled agent can price your home competitively, helping you position it well to attract top dollar.
• Can generate a speedy sale: Top agents know how to create buzz and attract serious buyers quickly, reducing the time your home sits on the market.
• Accurate, effective pricing: With a deep understanding of Omaha’s market trends, agents can conduct a comparative market analysis to ensure your home isn’t overpriced.
• Professional negotiation skills: With expert negotiation skills, a top agent can secure the most favorable outcome for your sale and close more efficiently.
• Expert partner by your side: An experienced agent guides you through the entire process from listing to closing, answering all your questions along the way.
• Will know what to fix and not fix: Agents will help you determine which repairs or upgrades are necessary to earn a return on your investment, and which to avoid.
• Elevated marketing: With advanced marketing strategies like social media promotion and print advertising, agents can heighten visibility for your home.
• Contract savviness: Agents handle the intricacies of real estate contracts, walking you through contingencies, financing terms, and closing costs without confusion.
• Can manage documents and disclosures: Agents will stay on top of legal requirements, ensuring all state-specific disclosures are completed.
• Network of skilled professionals: From photographers to inspectors, agents have access to a network of trusted professionals who can expedite your home’s preparation.

How to find a top Omaha real estate agent

Finding the right real estate agent in Omaha is key to a fast and successful home sale. HomeLight’s Agent Match platform can aid your search by analyzing millions of transactions and client reviews to match you with the right agent for your specific needs. Whether you’re selling or buying, HomeLight makes it easy to find a top-performing agent in your neighborhood.

Expert agent tips to help sell your Omaha house fast

If you’re hoping to sell your home as fast as possible, we’ve compiled some insider tips from top agents that are tailored to the Omaha market:

• Price it right from the start: Overpricing can lead to extended time on the market, so be sure to determine a price that’s appropriate for your neighborhood. An experienced agent can help with this.
• Highlight outdoor spaces: Omaha buyers value well-maintained outdoor spaces, so showcase any patios, gardens, or backyards to amp up the appeal.
• Focus on curb appeal: First impressions are key. Simple curb appeal updates, such as refreshing your landscaping and power-washing the exterior, can have a positive impact on buyers.
• Stage for remote workers: With Omaha’s growing population of remote workers, consider staging a home office or dedicated workspace to appeal to this buyer segment.
• Get a pre-sale inspection: A pre-listing home inspection can identify potential issues or damage upfront, helping you address them before buyers raise any concerns.
• Offer a home warranty: Providing a home warranty can make your home stand out and give buyers confidence in their purchase, especially if they are wary of future repairs.
• Use professional photography: In Omaha’s competitive market, high-quality photos are make or break in setting your listing apart online and attracting buyers more quickly.
• Keep showing dates wide open: Make sure to accommodate multiple open houses and showings in your schedule, even if they are at inconvenient times. Having the flexibility to show your home will increase the pool of buyers who can view it.

Bundy’s top two recommendations for speeding up a sale are repainting the interior walls and replacing worn flooring, whether it’s outdated carpet or damaged wood floors.

“Flooring and paint are the two cheapest ways to improve the value of your home or the perceived value of your home, which in turn will help you sell your home faster and for more money,” he remarks.

Decluttering is another highly recommended step to increase the value of your home. “Decluttering your house is a given. You have to declutter,” he says. “[The house] has to look open. It has to have less things. That’s going to have the biggest impact on selling your home quickly, and it comes at no cost.”

Ready to sell your Omaha house fast?

Whether you’re leaning towards a cash offer or working with a top Omaha real estate agent, the key to a fast and successful home sale is to choose the right option for your unique situation.

• If speed is the top priority, a cash offer through HomeLight’s Simple Sale platform can help you close in as few as 10 days.
• Alternatively, working with a skilled agent can ensure your home is marketed effectively and priced to sell fast. HomeLight can connect you with top agents in Omaha.

If you’re still unsure which route to take, consider exploring both options. By comparing a cash offer with an agent’s marketing strategy, you’ll gain a comprehensive overview of your options.

While selling your home on a time crunch may feel intimidating, the Omaha market is on your side. Plus, HomeLight is here to help you every step of the way, from matching you with the right listing agent to providing a wealth of tailored resources. With these insights, you’ll be well on your way to sell your Omaha home fast and move on to your future goals.

Header Image Source: (sepavone / Deposit Photos)