Our home purchase companies in St. Louis usually follow this process:
- You submit detailed information about the St. Louis property online or by phone.
- They review local market data and may conduct in-person visits to determine the value of your home.
- You will usually receive a cash offer that is not obligated within 24 to 48 hours.
- If you accept, you can close it in as little as 7 to 14 days.
Some St. Louis cash buyers focus on flipping homes, while others use real estate as rent. Their quotes usually reflect the need to buy below market value in order to leave room for profit.
Most of our home purchases in St. Louis investors follow the 70% home flip rule, which indicates that the purchase price should not exceed 70% of the home post-repair amount (ARV), and the estimated repair costs are minus. Our calculator above uses this rule, along with a 80% guide commonly used by leasing investors to help you estimate a typical cash quote range.
Of course, these are just benchmarks – the actual quotes you receive may vary depending on the condition and location of the home.
“learn more: 4 homes we buy cash company in St. Louis
Pros and cons of selling to St. Louis Cash Buyer Company
advantage | shortcoming |
Quick process: Close and get paid in a few days, not months | Lower sales price: Offers are usually lower than market value |
No repair or renovation: For sale in your St. Louis home in the current situation | No negotiations: This is usually a cash offer for fares or goods |
convenient: No display, open house or negotiation | Less competition: You won’t expose your home to multiple buyers |
No fees or commissions: Most companies pay for closures | Not suitable for every situation: Advantages of assisted sales |
affim: Reduce the risk of transactions due to financing | Immoral Buyers and Scams: Not every cash buyer has credibility |
Although there are many legal investors in St. Louis, it is important to know and be aware of the signs of a bad deal. For example, if the company puts pressure on you or does not have a set trail or online influence, stay alert. Find companies with proven companies, local market knowledge and clear communication.
“learn more: Pros and cons of our home purchase: Make an informed decision
Better Ways to Find Trusted Cash Buyers in St. Louis
Homelight’s simple sales service connects you to St. Louis and the largest network of preview cash buyers across the country, helping you review offers without having to browse the investor world by yourself.
Here is a careful study of a simple sales process:
First, just enter some details about the St. Louis home and receive an unobligated offer within 24 hours. If you decide to accept, you can close it in as little as 7 days, or you can choose a deadline. You will also receive expert estimates about the possible sale of home use by leading St. Louis real estate agents so you can compare your choices.
Option 2: Attract cash buyers with top St. Louis agents
Not all cash quotes come from investors or companies. In the competitive housing market in St. Louis, many individual buyers are eager to pay in cash, whether they are downsizing, relocating after selling homes abroad, or looking for a second home to take advantage of St. Louis’ affordable living costs and access to parks and cultural attractions. Top St. Louis real estate agents can help you locate your home to attract these buyers.
“learn more: Why hire a real estate agent when selling or buying
Pros and cons of sales with top St. Louis agents
advantage | shortcoming |
Higher sales price: Agents can increase contact to attract multiple offers | Need more time: A traditional listing may take weeks or months to close |
Expert support: Handle pricing, marketing and negotiation for you | Early efforts: You may need to clean, get on stage or do repairs before listing |
A wider range of buyers arrive: Attract more cash buyers through MLS and proxy networks | Performances and interruptions: You may need to accommodate multiple walkthroughs |
Reduce stress: Agent management process, saving time and reducing expensive errors | commission: You need to budget agency fees (% of the selling price) |
Legal protection: Provide guidance on disclosure and federal fair housing laws | Uncertainty in sales: No guarantee of fast sales, quotations may be passed |
“learn more: Should I sell to agents to home investors or lists?
Easy way to find the highest rated Agent of St. Louis
Consider using a proxy? Homelight’s free agent matching platform connects you to St. Louis’ best performing agents based on actual trading data. We analyzed over 27 million transactions and thousands of reviews to find an agent that suits your needs.
Whether you are interested in cash quotes or just explore all options, skilled Agents of St. Louis can help you maximize results. For a no-obligation consultation with a trusted agent, please tell us some information about your sales goals and schedule.
Which cash sales option is right for you?
If speed, convenience and low stress processes are of paramount importance to you, it might be more appropriate to work with a reviewed St. Louis cash buyer through Homelight’s simple sales platform. You can avoid preparing for work, presenting and waiting – and move on the schedule.
Would you rather spend more time achieving a higher price? Working with a top St. Louis real estate agent might be the right call. They will help your home market to a wider range of buyers – whether it’s families moving to the Midwest Side or investors looking around Tagrove.
When you ask for a simple sale offer, you also receive professional estimates about the home that may be available on the open market, so you can weigh both options.
Still wondering if you want to sell your home in St. Louis? Try the above Cash Offer Comparison Calculator for your home to get a clearer look at how your home is for sale, depending on the method you choose to list. Then, request a no-obligation offer or contact a trusted St. Louis expert.
There is no universal correct answer – but with the right tools and expert help, you can be confident about the next step.
Title image source: (Imagenet/poadephotos)