Cash-offer transparencyWhat’s the difference between a cash offer and the cash you keep?
An offer amount is not automatically the seller’s net proceeds. The settlement statement can include existing mortgage balances, taxes, liens, credits, and any transaction expenses agreed in the contract.
The company states on its public FAQ that it does not charge agent commissions and covers closing costs for its transactions. That’s an advertised business policy, not an independently audited guarantee for every title or financing situation. Ask for a written purchase agreement and itemised closing estimate.
To compare a traditional listing, consider expected sale price minus broker fees (if any), repairs, seller concessions, ongoing carrying costs and payoffs. For a direct offer, consider its price, conditions, payoffs and negotiated closing allocations. There is no universal winner.