Tempted By A Cash Buyer Offer?
Even if you have no interest in our services, please take advantage of our FREE resources to protect yourself. Including sample legitimate contracts and a step by step method to vet buyers.
Before you sign anything
10 Commandments For Selling Off-Market
- Get a free CMA from a Realtor to make sure the price is fair.
- Non-assignable contract always.
- YOU pick the title company/closing agent.
- High EMD of 1-5% of the purchase price.
- Inspection period no longer than 7 calendar days.
- Always use the standard FAR BAR As Is purchase agreement and never the buyer's homemade contract.
- Fast closing. A cash sale should not take longer than 21 days.
- No additional terms except for what you or your attorney include.
- Vet the buyer thoroughly (see below for step by step details)
- NEVER sign any addendum from the buyer. If they need more time to close then cancel until they're ready to close. If they want a price reduction after agreeing to one price and you give it to them, they'll keep asking over and over for a price cut.
Here's how it's supposed to work
Free Resource Library
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