When you decide to sell a house in Maryland, there are two common paths: list it with a real estate agent, or sell directly to a cash buyer. Neither is right for everyone. The best choice depends on your timeline, your home’s condition and how much hassle you want to take on.
Listing with an agent
A traditional listing can attract a wide range of buyers and may bring a higher price when a home is in great condition and you are not in a hurry. It also comes with steps: preparing and staging the house, making repairs the buyer’s inspection may flag, hosting showings and open houses, and waiting for a buyer to secure financing.
Selling for cash
A cash sale is usually faster and simpler. A cash buyer purchases the house as it stands, so there are no repairs to make and no showings to schedule, and the sale does not depend on a lender’s approval. The trade-off is that the offer reflects the home’s current condition and the convenience you are getting.
Costs to compare
- Agent commission. This is negotiated, but many sellers pay several percent of the sale price.
- Repairs and preparation. Painting, cleaning, staging and fixes can add up before you ever list.
- Carrying costs. While the house is on the market you keep paying the mortgage, taxes, insurance and utilities.
- Closing costs. Maryland has state and county transfer and recordation taxes, so ask any buyer who pays what.
Which fits you?
- Listing may fit if the house is in good shape, you have time, and you want to test the open market.
- A cash sale may fit if the house needs work, you are facing a deadline, or you want a predictable closing date without showings.
Questions to ask every buyer
- Are there any fees or commissions?
- Will you buy as-is, with no repairs from me?
- Can I choose the closing date?
- Who pays the closing costs?
- Is your offer in writing and without obligation?
How Home Buyers Express works
Home Buyers Express buys houses across Maryland in any condition. There are no fees, no commissions and no repairs, you choose the closing date, and we pay the closing costs. See how it works or request a fair cash offer with no obligation.