July 25, 2024

What Is the Distinction Between a Cash and a Traditional Sale?

You may be wondering what distinguishes cash sale offers from traditional methods of selling your house. When you sell your property for cash, you and the realtor agree on a price for the house as-is. You won’t have to worry about any maintenance or repairs. This may appear to be too good to be true, but the procedure is actually rather simple, especially if you choose to deal with We Buy Houses Columbia, MO.

However, you’re bound to have a few more questions about the discrepancies in sales. Let us go through this in greater detail. It is ultimately up to you to decide which method to choose. Everything is determined by your circumstances and the objectives you have for your sale. After reading the distinctions, you’ll have a better idea of which option is ideal for you.

Payment of Commissions

A housing transaction often includes closing costs, title transfer fees, and agent fees. These costs will vary depending on whether you choose a traditional or cash sale, as stated below.

When a home is sold in a traditional sale, the title is transferred to the new owner by a title firm. Traditional sales are more complicated since they require bank financing. A closing fee, title insurance, and transfer taxes are all required. You will also be responsible for paying the title company.

In cash sales, the transaction is simpler because you are paying with cash, even though you must still pay transfer taxes and title insurance. When you sell your home for cash to a real estate investment company, title insurance, and transfer taxes are the only costs you have to cover.


In a traditional sale, any loan-financed bid must pass inspection. This makes logical given that the individual acquiring your property will have a bank loan. Both the bank and the buyer must have faith in their investment.

If it is discovered that your home requires repairs, you may be asked to pay for them, or the price may be cut so that the new owners can afford them.

Because cash buyers acquire the property “as is,” We Buy Houses Columbia MO does not require an inspection. You save more money since no repairs are required.

Problems With Evaluation

In a normal house sale, the buyer’s lender requires an appraisal to verify the property’s worth. Most of the time, this doesn’t pose a problem, but occasionally, the appraisal could raise a concern.

If the lender’s appraisal is lower than the purchasers’ offer, they will request a concession or price reduction. They will be unable to finance your home without a price decrease and may opt not to proceed with the transaction.

However, cash sales do not include bank transactions. We do not require bank funding to acquire your home. There’s no need for red tape or an evaluation.


Transactions in cash save money on time, fees, and repairs. Along with the benefits mentioned above, you may typically close the purchase far faster than with a traditional sale. So, if you’ve been Googling “sell my house fast for cash in Columbia, MO,” look no further than We Buy Houses Columbia, MO. We have been able to hold numerous since 1989 and invite you to join that group.

If you’re still unclear about your best line of action, go here to contact a member of our team who can assist you. We would be pleased to talk with you about your options. In the end, we want you to select what is best for you.