If you need to sell your Aubrey home quickly, a We Buy Houses company might be a good solution. Given that companies make all-cash offers for homes, regardless of the properties condition, selling your home for cash can be a lifesaver.
Selling your house for cash lets you skip the headaches of selling the traditional way. For example, you won’t need to worry about making repairs or waiting for a buyer to secure financing. In other words, you can receive a fair cash offer and close quickly, putting money in your pocket faster than if you sold with a real estate agent.
This post will explain the pros and cons of working with a house-buying company in Aubrey, explaining how the process works. Above all, we aim to help you make an informed decision when it comes to selling your home.
Sell Your House Fast in Aubrey With a Cash Offer
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Aubrey area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Aubrey
Working with a house-buying company in Aubrey is a straightforward way to sell your home quickly without the hassle of repairs or showings. In fact, the process usually only takes a few days. If you’re considering this option, here are the basic steps you’ll follow to get a cash offer and close the deal fast.
- Reach out for an offer: Contact a house-buying company to share information about your home’s condition and location.
- Schedule a home assessment: The company will likely schedule a visit to assess your property or request photos to evaluate its current state.
- Receive a cash offer: After reviewing your home, you’ll get a no-obligation cash offer, typically within a few days.
- Review the terms: Take time to understand the offer details, including any closing costs or fees.
- Accept the offer: If the terms work for you, agree to the offer to initiate the closing process.
- Close on your schedule: The company will arrange a quick closing, often in as little as a week, based on your timeline.
Popular We Buy Houses for Cash companies in Aubrey
If the process of selling to a house-buying company in Aubrey sounds good to you, it’s time to find a legitimate operation you can trust.
With this in mind, we’ve compiled some of the top companies that will pay cash for your or your parents’ ranch-style homes or traditional brick homes. By selling to one of these companies, you should be able to sell your Aubrey home in as little as a week or two.
Bright Bid Homes
Bright Bid Homes focuses on offering a stress-free solution for homeowners who need to sell their homes fast due to situations such as foreclosure, inherited properties, or financial difficulties.
Locations: Serves Aubrey, TX, and other areas in the Dallas-Fort Worth metroplex.
Closing costs: Sellers pay no closing costs. Bright Bid Homes cover them.
Bright Bid Homes has a 5.0-star rating on Google.
Website: brightbidhomes.com
Phone number: 214-833-6269
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Aubrey (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Aubrey.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Aubrey
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
Nine Bird Properties
Nine Bird Properties is a home-buying company that offers a hassle-free and straightforward solution for homeowners needing to sell their houses quickly. They specialize in providing fair cash offers and working with sellers facing various situations such as foreclosure, divorce, or needing to relocate.
Locations: Serves Aubrey, TX, and surrounding areas.
Closing costs: Sellers pay no closing costs. Nine Bird Properties covers them.
Nine Bird Properties is BBB accredited with an A+ rating and has a 4.9-star rating on Google.
Website: ninebp.com
Phone number: 972-996-1839
Pioneer Home Buyers
Pioneer Home Buyers is a family-owned company based in Texas that specializes in helping homeowners sell their houses quickly and easily. They offer cash deals for homes in any condition, allowing sellers to avoid the hassle of repairs, commissions, and listing fees.
Locations: Aubrey, TX, and surrounding areas in Texas.
Closing costs: Sellers pay no closing costs. Pioneer Home Buyers covers them.
Pioneer Home Buyers has a 5.0-star rating on Google.
Website: pioneerhb.com
Phone number: 817-382-1155
TX Home Market
TX Home Market is a real estate company specializing in helping homeowners sell their properties quickly and hassle-free. The company aims to provide fast, fair cash offers for homes, regardless of their condition.
Locations: Aubrey, TX, and surrounding areas in Texas.
Closing costs: Sellers pay no closing costs. TX Home Market covers them.
TX Home Market has a 5-star rating on Google.
Website: txhomemarket.com
Phone number: 972-275-9490
Why sell your Aubrey house for cash?
Selling your Aubrey home for cash makes sense if you need to do so quickly. The process is fast, and there’s less chance of the sale falling through at the last minute. Additionally, the process has less chance of falling through like a traditional sell, provided that you the info you supply about your home is accurate.
In Aubrey, it typically takes around 100 days to sell a home on the market using an agent. That includes an average of 57 days on the market plus the typical 43 days a buyer needs to close on a purchase loan.
By comparison, it usually takes around seven to 10 days for most We Buy Houses companies house-buying in Aubrey to purchase your home, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
To illustrate why you might want to sell your home for cash, here are some common scenarios where selling your house for cash might be the right option for you.
- Job relocation: If your job requires a quick move, selling for cash helps you avoid the delays of the traditional market. Learn more about job relocations.
- Divorce: If you need a clean break, selling your house quickly for cash can make dividing assets easier. Learn more about selling during a divorce.
- Inherited property: Selling an inherited home can be a hassle, especially if you live far away or don’t want to manage it. Learn more about selling inherited property.
- Downsizing: If you want to downsize and move into a smaller home, a cash sale can help you transition faster. Learn more about downsizing.
- Repairs needed: If your home needs costly repairs, a cash buyer will purchase it as-is, saving you the time and money on fixes. Learn more about selling a home in poor condition.
- Foreclosure risk: Selling for cash might help you avoid foreclosure if you’re behind on mortgage payments. Learn more about selling to avoid foreclosure.
- Foundation issues: Houses with foundation problems can be difficult to sell traditionally, but cash buyers will take them as-is. Learn more about selling with foundation issues.
- Tenants in place: If you’re ready to sell a rental but have tenants, a cash sale can make the process smoother. Learn more about selling with tenants.
- Selling from out of state: Selling your Aubrey home remotely is easier when you work with a cash-for-homes company that can streamline the process for you. Learn more about selling from out of state.
Pros and cons of house-buying companies in Aubrey
Without a doubt, the biggest benefit to selling to a house-buying company in Aubrey is the speed of the transaction. You can close quickly without the need for repairs or preparations, which makes it an attractive option for homeowners who need a fast solution. Here are some of the main benefits:
- Fast sale: Cash offers typically close in as little as a week, helping you move forward with your plans quickly.
- No repairs needed: House-buying companies will purchase your home as-is, so you don’t need to worry about making any repairs.
- No contingencies: Cash buyers don’t usually include contingencies in the sale, which reduces the risk of the deal falling through.
- No staging or showings: You won’t have to prepare your home for showings or open houses, saving you time and effort.
On the other hand, while house-buying companies offer convenience, they typically won’t pay as much as you could get by selling your home on the market with an agent. This is the biggest downside, which you’ll need to consider carefully. Here are a few other drawbacks:
- Lower offer price: Cash offers are often below market value, which means you may receive less money compared to listing with an agent.
- Potential for scams: Some buyers may not be legitimate. You’ll need to be cautious of scams and dishonest offers.
- No chance for bidding wars: Listing your home traditionally can create competition among buyers, potentially driving up the sale price, something you miss out on with cash buyers.
- Less negotiation: House-buying companies usually present a take-it-or-leave-it offer, leaving little room for discussion on price.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer. In other words, seller beware.
Before committing to a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
Given these points, HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Aubrey home quickly
iBuyers
iBuyers, or instant buyers, use automated valuation models (AVMs) to provide quick, all-cash offers. They typically purchase homes in good condition and offer closer-to-market prices, with a fast iBuyer process that closes in days to weeks. However, companies like Opendoor and Offerpad often charge 5%-6% service fees and work best in markets with uniform housing.
Listing with an agent
By the same token, though selling with a top real estate agent might take longer than using an iBuyer, it could lead to a higher sale price. A top agent will provide a comparative market analysis, which is often free, to help you determine your home’s value and price it competitively. Of course, if you’re open to exploring the agent option, HomeLight can connect you with a top-performing agent in your area today.
FAQs on Aubrey house-buying companies
By and large, most We Buy Houses for Cash companies in Aubrey are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Aubrey We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Aubrey ranch-style homes could sell for $420,000 after repairs, but it will need $30,000 of work to get there.
($420,000 x .70) – $30,000 = $264,000
In this example, an Aubrey We Buy Houses company might offer you around $264,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Aubrey We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve your Aubrey area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Aubrey vs. top Aubrey agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look, particularly how the final sale stacks up.
Aspect of the sale | Sell to a We Buy Houses for Cash company in Aubrey | Sell with a top Realtor in Aubrey |
Selling timeline | 7 to 30 days | 100 days average; 57 to attract an offer, 43 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
Showings | None | 10 to 25 showings average |
Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-For-Homes companies often handle title issues | Must clear title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 3%-5.8% average |
Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
For instance, say your home in Aubrey is worth about $420,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $445,000.
Sell to a We Buy Houses for Cash company in Aubrey | Sell with a top Realtor in Aubrey | |
Estimated sale price | ($445,000 x .70) – $25,000 = $386,500 | $420,000 |
Market preparations | 0 | $4,200 (1% of sale price) |
Agent commissions | 0 | $12,600 (3%) |
Closing costs | 0 | $6,300 (1.5%) |
Estimated take-home for seller | $386,500 | $396,900 |
As you can see, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. As has been noted, selling on the open market could be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Fast sale option: House-buying companies in Aubrey can close quickly, often in as little as a week, providing you with cash when you need it most.
- Sell as-is: These companies will purchase your home without requiring any repairs or updates.
- No contingencies: Cash offers usually don’t come with contingencies, so you can avoid the stress of a buyer’s financing falling through.
- Lower offers: If you list your home with a real estate agent, expect to receive less than market value.
- Limited negotiations: Most cash-for-homes companies present take-it-or-leave-it offers, leaving little room for negotiating the price.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in managing your real estate journey. Above all, we are here to help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Aubrey agent.
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