An increasing number of buyers are making cash offers on properties. According to the National Association of Realtors (NAR), 32% of all home purchases in January 2024 were made with cash. This reflects a steady increase in cash home purchases and beats out the record-high percentages of cash transactions in 2014. This trend of cash buyers affects sellers as well. People often ask, “How much do you lose when you sell your house for cash?” The answer depends on your listing price and the type of buyers you are working with. Learn more about selling your house for cash and using this trend. What is a Cash Sale? A cash sale occurs when a buyer does not require financing to purchase your home. They might have profited from their previous home sale or have other savings they can use to buy your property. The main benefit of selling your house … Continued
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