The CASH Plus+ Advantage plan is a brilliantly effective selling option that pays homeowners in multiple ways, and usually more than what either a standard MLS agent sale, or an Investor cash sale would generate.
CASH Plus+ Advantage represents the best elements of both a standard MLS Listed transaction and a Private Investor cash sale. The key advantages of this unique approach are three fold.
- Reduces or eliminates Seller costs normally associated with a agent-based transaction. (property repairs or upgrades, commissions, appraisals, various fees, etc.)
- Shortens the time to final offer (as little as 10 days) and speeds the overall sales process by eliminating steps not required in a direct seller-to-buyer transaction. (inspections, appraisals, loan approvals, etc)
- Increases the Seller’s net proceeds compared to other options by improving the property to add Real Value before it is priced and marketed for sale.
Remember, it’s not what the property sells for that measures success, it’s how much the Seller gets to keep when all is said and done. CASH Plus+ Advantage does more, so our Sellers make and keep more!
To achieve these benefits SAFEClickHome employs a well documented and often used Articles of Agreement for Warrantee Deed process in place of the typical Multi-Board Residential Real Estate Contract. Using this document allows the process to be custom taylored to each situation, and benefits both parties in creating a WIN-WIN solution. It still carries all the normal safeguards while creating a partnering relationship that produces better end results.
Compare CASH Plus+ Advantage to the other options.
Selling with an Agent can be slow, complicated, and expensive. It’s likely the agent will want you to clean-up, clean out, and fix-up the property before it is even listed for sale. Repairs and updates are time consuming and expensive. They also reduce the amount of money you get to keep from the sale. And depending on what is done, the effort may not affect the price at all.
Something else to consider… as repairs are being made, you must continue to pay your mortgage, tax, and insurancee bills, as well as all monthly utilities and maintenance expenses. These amounts add up fast and can reduce your true sale proceeds by thousands of dollars.
Plus, Sellers pay the commision on both sides of the transaction which can be another 6% deducted from your sale amount. Finally, you’ll need to accommodate lots of showings, and even when you get an offer, hope the buyer’s financing goes through. If not, things start all over. It’s a lot to think about. CASH Plus+ Advantage takes the worry, work and hassle out of the equation and produces a more favorable and predictable result.
Selling to an Investor can be faster than working with an MLS agent, but speed comes at a price. Investors usually pay only for the property’s current condition. So investor offers, especially All Cash offers, can be on the low side, but there are a few good reasons for that.
Most investors follow a formula of offering 30% below the current value and then subtract estimated rehab costs as well. And since investors pay out a lot of money and do all the work, they understandably need to make a reasonable profit too. Sometimes investors also pay the closing costs, which may lower their offer as well.
Most Investors like to make Cash offers for several reasons…
- Usually a difficult to sell home based on condition or other reasons.
- Seller doesn’t have the time or money to wait and/or do costly repairs.
- Buyers tend to think a Cash Offer is the “best” offer they can get.
Other benefits of a CASH Plus+ Advantage offer and sale process!
- Allows the Seller to sell a distressed or difficult to sell property quickly – regardless of whether the seller has little, no, or negative equity, or it needs significant repairs and updating.
- Better than other alternatives and/or avoids a foreclosure in cases where the homeowner can no longer afford the home. (helps save or lessen damage to the owner’s credit)
- Better than an MLS Listing, because it does not require the Seller to invest significant time and money into fixing and showing the property, or to bring thousands of dollars to the closing to make up for a negative equity situation.
- Better than a Short Sale, because a short sale destroys the Seller’s credit and very often results in foreclosure anyway.
- Better than Renting, because the home is actually SOLD, and the Seller does not have to worry about tenants not paying the rent or maintaining the home going forward.
- The SALE amount can actually be decided within a week or two so the Sellers can know where they stand, get earnest money to start moving forward and get immediate releif from monthly mortgage payments, maintenance, upkeep, and utility bills.
- Seller does not have to pay any Real Estate commissions, fees or closing costs.
In summary, selling a property through the CASH Plus+ Advantage plan is typically much faster, Sells at a Fair price, and allows the Seller to keep more of the proceeds than other alternatives.