If you’re a Dayton homeowner facing an urgent need to sell your house, you might be wondering what your first steps should be. Whether you’re dealing with a major life change, a sudden job relocation, or unexpected financial challenges, the path to a quick and profitable sale begins with a clear understanding of your options.
This guide aims to outline your choices for a speedy sale, from exploring the pros and cons of cash offers to the benefits of partnering with a top Dayton real estate agent. In addition, we’ll weave in exclusive insights from top-selling agent Candace Johnson, providing you with expert tips and actionable strategies to sell your Dayton home faster.
Sell Your House Fast in Dayton With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Dayton.
Why you might need to sell your Dayton house fast
If you’re facing a life change that’s pushing you to sell your Dayton home fast, you’re not alone. Here are some common reasons why homeowners in your area might need a quick sale:
- Job relocation: Moving outside the Dayton area for a new job opportunity may require a faster-than-average sale to help you settle into your new role smoothly.
- Divorce: For homeowners going through a divorce, selling the marital home can provide a fresh start and allow both parties to move on more easily.
- Inherited property: If you’ve inherited a house in Dayton that you don’t plan to keep, a quick sale can save you from dealing with ongoing maintenance and property taxes.
- Financial strain: If you’re facing financial challenges, such as mounting debts or impending foreclosure, a fast sale can help relieve that burden.
- Downsizing: Whether due to health changes, retirement, or becoming an empty nester, selling fast can help you downsize to a more manageable home.
- Costly repairs: If your home is suffering from extensive damage and requires costly repairs, selling it as-is may be the most practical solution.
If you resonate with any of the above situations, we’ll walk you through your options to achieve a fast sale. One straightforward path to consider is requesting an all-cash offer for your Dayton home.
Option 1: Request a cash offer for your Dayton home
While selling your Dayton home can sometimes take months on the open market, there is a quicker and simpler alternative: receiving a cash offer. Platforms like HomeLight’s Simple Sale connect Dayton homeowners with trusted cash buyers in their area, simplifying the selling process by cutting out many of the traditional time-consuming steps, such as staging, showings, and negotiations.
With Simple Sale, you’re in the driver’s seat. You can choose a move-out date that works for your schedule and close the sale in as little as 10 days. Start by sharing a few basic details about your Dayton home and preferred selling timeline, and you can receive a no-obligation cash offer within 24 hours. It’s a swift, painless option for homeowners who are in a pinch to sell.
The process of a cash offer in Dayton
How does an all-cash sale typically work? The process is fairly simple: the buyer first evaluates your home’s condition and market value and then makes a firm cash offer. Since the buyer has the funds readily available to purchase your home, there’s no need for bank financing, home inspections, or lengthy appraisals. If you choose to accept the offer, the sale can typically close within a matter of days.
Here are the three easy steps in the Simple Sale process:
Who else buys houses for cash in Dayton?
If you’re considering a cash offer, there are several established house-buying companies and local investor groups to choose from. Here are some top-rated, reputable options in the Dayton market to serve as a starting point:
- Ohio Cash Buyers
- Simple Home Buyers
- We Buy Houses Cash Dayton Ohio
- MTGW Acquisitions
- Central City Solutions
If you are interested in exploring further options, there are a wealth of other Ohio-based companies online. However, it’s imperative to thoroughly research each buyer’s reviews and accreditations before moving forward to ensure you avoid falling victim to a scam.
Alternatively, you can use HomeLight’s Simple Sale to be connected with the largest network of trusted cash buyers in the country, providing peace of mind about who you’re selling to.
Pros and cons of selling to a Dayton house-buying company
Undecided if working with a Dayton cash buyer is the right choice for your home sale? Here, we’ll explore the primary benefits and disadvantages of this approach to help you make an informed decision:
Pros
- Quick offer: House-buying companies typically provide a quick offer and allow you to close within days — ideal for Dayton sellers who need to move fast.
- Sell as is: Most cash buyers will purchase your home as-is, allowing you to bypass expensive repairs or renovations.
- No staging or showings: You can skip the hassles of home staging and hosting showings or open houses altogether.
- Flexible move-out dates: Many cash buyers offer flexible move-out dates so you can align the sale with your personal timeline.
- Cover closing costs: Some house-buying companies will cover closing costs, potentially saving you thousands on seller fees and commissions.
- Foreclosure solution: If you’re facing foreclosure, selling to a cash buyer can provide fast access to much-needed funds.
Cons
- Below market value: Cash offers are typically well below market value, meaning you will likely leave money on the table.
- You give up control: House-buying companies generally manage the sale, limiting your ability to negotiate the final price or sale terms.
- Less competition for your home: Without multiple buyers competing for your home, you miss out on the chance to spark a bidding war.
- A potential risk for scams: Not all companies are reputable, so you’ll have to be mindful of scams in the cash-buying industry.
Top agent Candace Johnson, who sells homes 32% quicker than the average Dayton agent, provides her two cents on the pros and cons of working with a house-buying company.
“As far as buying houses for cash, you will absolutely be getting a quicker sale, but you will be getting a lot less for your property. So, if you do not want to worry about showings and all of that, it comes at a cost, and you will sell for a lot less,” she advises.
Option 2: Hire a top Dayton real estate agent
Even if you’re in a hurry to sell your Dayton home, working with a top real estate agent can be a smart strategy. A skilled agent is well-versed in hyper-local neighborhood trends and knows how to position your home to attract serious buyers, which can lead to higher offers. From managing showings to handling negotiations, an agent will take care of all the complex details, freeing up time for you to focus on your next steps.
“For sure, you are going to get more money [with an agent], even if you have to pay listing and buyer broker commissions,” Johnson says.
Later, we’ll provide a full list of the main benefits of working with a real estate agent and share resources to help you find the best local expert for your home sale. First, let’s take a look at current market conditions in Dayton.
How fast are homes selling in Dayton?
Homes in Dayton are selling at a relatively fast pace, spending an average of 32 days on the market from listing to contract. After going under contract, it typically takes an additional 44 days to officially close the sale, or the time for a buyer to finalize their purchase loan. This brings the entire selling process to roughly two and a half months.
According to Johnson, homes that are priced correctly should typically receive a contract within 24 to 48 hours in Dayton’s fast-paced market.
“The median home price is around $250,000, and our average sales price is around $330,000, but we do have some higher-end listings. If it’s priced correctly, it should go under contract in 24 to 48 hours — but you have to price it correctly or a little bit under, or it will stay on the market,” Johnson advises.
Here is a snapshot of current real estate conditions in Dayton:
| As of August 2024 | |
| Days on market (average time from list to contract) | 32 days* |
| Median home sale price | $249,000 |
| List price vs. sale price | 100% |
| Number of closed home sales year over year | -1.05% |
| Population growth year over year | -0.49% |
*DOM average of multiple public transaction sites. Does not include the typical 44 days a buyer needs to close on a purchase loan.
Data source(s): Dayton Realtors, World Population Review
Benefits of selling with a top Dayton agent
We’ve touched on the importance of partnering with a top real estate agent for a successful home sale. Exactly what unique benefits do agents provide? Below, we’ll break down the primary ways in which an agent can strengthen your home sale, from elevated marketing to negotiation tactics.
- Ability to sell for more: A skilled agent knows how to strategically price your home for Dayton’s market, leading to offers that are at or above the list price.
- Can generate a speedy sale: A top Dayton agent can leverage their local connections and expertise to align your home with local buyer demands.
- Accurate, effective pricing: An experienced agent is instrumental in determining your home’s true value, ensuring it isn’t priced significantly over or under the market.
- Professional negotiation skills: With sharp negotiation skills, your agent can secure the best price and terms for your transaction, helping the sale move forward efficiently.
- Can advise on repairs: Agents know which repairs and improvements will actually provide a return on investment and which are a waste of time and expenses.
- Elevated marketing: With advanced marketing strategies like professional photography and social media promotion, your agent can maximize your home’s visibility.
- Contract savviness: A seasoned agent understands the intricacies of real estate contracts, helping you gain a clear understanding of the fine print.
- Manages documents and disclosures: Top agents are knowledgeable about Ohio’s specific legal requirements, ensuring all disclosures are completed accurately.
- Network of skilled professionals: Top Dayton agents have access to a network of trusted professionals, from contractors to inspectors, to help prepare your home for a quick sale.
How to find a top Dayton real estate agent
Looking to partner with a top real estate professional in Dayton, but don’t know where to start? HomeLight’s Agent Match platform can simplify the search by connecting you with multiple top-rated agents in your local area. This platform analyzes data from over 27 million transactions and client reviews to identify agents performing in the top 5% of Dayton’s market. Whether you’re aiming to sell quickly or maximize your price, HomeLight can lead you to the best local expert for your unique goals.
Expert agent tips to help sell your Dayton house fast
To accelerate your home sale, consider these expert tips from top Dayton agents to showcase your home’s best features and attract buyers faster.
- Price it right from the start: Overpricing can lead to stagnant offers and longer market times, so set a competitive price from day one to draw immediate interest.
- Emphasize outdoor spaces: Dayton buyers value outdoor spaces like patios, decks, or garden areas, which are ideal for entertaining or relaxing.
- Focus on first impressions: First impressions are crucial. Small updates like fresh landscaping, a clean exterior, or a new front door can significantly boost curb appeal.
- Appeal to remote workers: With an increasing number of remote workers in Dayton, staging a functional home office or workspace can attract this growing demographic.
- Get a pre-sale inspection: Johnson recommends that sellers do a pre-listing inspection to catch unexpected issues early on. “I’ve been really surprised with home inspections lately, and I’d say about 50 or 60% of homes go back on the market due to inspections.”
- Offer a home warranty: Offering a home warranty can provide reassurance to budget-conscious buyers, adding extra appeal to your listing.
- Use professional photos: In Dayton’s competitive market, high-quality photos are essential for making your home stand out online and attracting more buyers.
- Consider timing: Dayton’s housing market can fluctuate seasonally. Use HomeLight’s Best Time to Sell Calculator to determine the optimal time to list your home for a faster sale.
Ready to sell your Dayton house fast?
Whether you’re leaning toward a cash offer or planning to hire a top real estate agent, the key to a successful home sale in Dayton is choosing the approach that best suits your individual situation.
- For homeowners on a tight timeline, a cash offer through HomeLight’s Simple Sale platform could be the fastest and most convenient option.
- If you have more flexibility, partnering with a top agent will ensure your home is strategically marketed to fetch the best price. HomeLight can connect you with top-rated agents in the Dayton market.
If you’re unsure which route to take, why not pursue both? Reviewing a cash offer alongside an agent’s marketing and pricing strategy can provide a comprehensive overview of your options.
While selling your Dayton home can feel stressful, especially with the added pressure of a time crunch, having a clear understanding of your options can pave the way for a successful sale. Armed with these expert strategies and valuable resources, you are better equipped to navigate a speedy home sale in Dayton’s market.
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