Working with house-buying companies in Kentucky can be a mixed experience. The level of integrity and service you’ll receive doesn’t just hinge on the company’s reputation, but also on the character of the individual or group behind the cash offer.
Before committing, it’s crucial to vet your prospective buyer thoroughly. Dive into reviews, read testimonials, and get a pulse on their market presence and performance. You’ll also want to scrutinize the buying agreement and consider having a trusted advisor review the contract before accepting an offer.
HomeLight suggests you consult with an experienced Lexington 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 Kentucky 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 Lexington home quickly
iBuyers
iBuyers use automated valuation models (AVMs) to swiftly provide home value estimates, streamlining the online home sale process. Originating in the mid-2010s, iBuyers like Opendoor and Offerpad make close-to-market-value all-cash offers for well-maintained homes. Typically, these sales close in days to two weeks.
However, be mindful of their 5%-6% service fees. iBuyers work best for homes in standardized housing markets in good condition.
Listing with an agent
While considering fast-selling methods, don’t dismiss traditional real estate agents. In favorable housing markets, a top agent can facilitate quick sales, especially with the right pricing and marketing strategies. Selling traditionally often garners higher prices, especially with elite agents. In fact, data from HomeLight indicates that top-tier agents in Lexington can fetch up to 10% more for homes than average agents.
An added benefit is the comparative market analysis (CMA) agents offer, which helps in evaluating your home’s worth in comparison to recent local sales. This report, which many agents offer for free, provides an invaluable perspective on listing prices and potential sale speed. Moreover, seasoned agents might introduce you to buyers ready to make near-market-value cash offers.
Considering listing your property? HomeLight can connect you with top agents in Lexington, ensuring you make informed choices.
