How Do I Sell My House Fast in St. Louis, Missouri
The best way to sell your house fast in St. Louis, Missouri, is to work with a company that buys houses in Missouri. A house-buying company makes a fast cash offer. If you accept the offer, you close the sale with the buyer without a real estate agent. In most cases, you can close a cash home sale in as little as seven to 21 days.
In a cash home sale, you eliminate all the steps you normally have to take in a traditional home sale. You don’t have to make home repairs. You don’t have to hire a realtor. Plus, the closing process is much faster. So, you can sell your house quickly and walk away without strings attached. A cash sale is a great option if you are going through foreclosure, divorce, bankruptcy, probate, or relocation.
How Long Does It Take to Close on a Sale with Cash?
A cash home sale typically takes one to two weeks to complete. Let’s compare the timeline between a cash home sale, a traditional home sale, and a For Sale by Owner.
Traditional Home Sale
How long does it take: 60 to 90 days
The average traditional home sale takes 60 to 90 days to complete. It takes up to three months to sell your house from the time you put it on the market until you find a buyer who signs a contract. Keep in mind that the timeline does include home repairs or the closing process. Altogether, the process can take up to six months by giving the buyer the keys and signing the paperwork.
Why does a traditional home sale take so long? Consider the process.
- Hire a realtor.
- Schedule an inspection/appraisal.
- Make home repairs or home improvements.
- Stage the home for sale.
- List the home on the real estate market.
- Show the house to multiple buyers.
- Negotiate the terms of the sale with a potential buyer.
- Agree to the offer.
- Close the sale.
Each of these steps can take several weeks or months to complete. So, do not be surprised if closing the sale takes at least six months.
For Sale by Owner
How long does it take: six to 12 months
A For Sale by Owner (FSBO) can take twice as long as a traditional home sale. In an FSBO, you assume 100% responsibility for selling your house. That means you are in charge of getting the house ready for sale, promoting the house, negotiating with buyers, and closing the deal.
Why does a For Sale by Owner take so long? Once again, consider the process.
- Schedule an inspection/appraisal.
- Make home repairs or home improvements.
- Stage the home for sale.
- List the home on the real estate market.
- Show the house to multiple buyers.
- Negotiate the terms of the sale with a potential buyer.
- Agree to the offer.
- Close the sale.
Notice that the only step missing is hiring a realtor. At the same time, you may save money on realtor commissions. It will take nearly twice as long to complete all the above steps because you are doing them yourself. Plus, you have to be highly motivated, have lots of time on your hands, and be a superb negotiator to sell the house for your asking price.
Cash Home Sale
How long does it take: seven to 21 days
In a cash home sale, you work directly with a company that buys houses in Missouri. So, you automatically eliminate the real estate agent. The company assesses your home’s market value and makes a cash offer. If you accept the offer, you schedule a close date with the buyer, get paid cash, and walk away without strings attached.
Why does a cash home sale take only a few days? Consider the process
- Contact the company (or the company contacts you).
- The buyer makes a cash offer.
- You accept the offer.
- You and the buyer close the sale.
A cash home sale is fast because you eliminate most of the steps you have to take to sell your house in a traditional home sale or FSBO. You schedule no inspections and make no repairs. You work with a single committed buyer instead of multiple potential buyers. The buyer takes care of the closing process.
Sell My House Fast in St. Louis, Missouri
If you need to sell your house fast in St. Louis, Missouri but can’t find a buyer, contact our house-buying company today. Klamen Real Estate Group can assess your property’s value and make a fair cash offer within 24 to 48 hours. Call 314-721-6800 to get a fast cash offer.