How to Sell My House Fast in Lincoln: Cash Offer Options

Pros and cons of selling to a Lincoln house-buying company

Still not sure if selling to a Lincoln house-buying company is right for you? Here’s a quick look at the main benefits and drawbacks of this approach:

Pros

• Quick offer: Cash buyers typically make an offer within 24-48 hours, helping you close quickly and move on with your plans.
• Sell as-is: You can sell your Lincoln home in as-is condition without worrying about making any expensive repairs or upgrades.
• No staging or showings: You’ll avoid the time and effort it takes to stage your home or accommodate multiple showings in your schedule.
• Flexible move-out dates: Many house-buying companies offer flexibility, letting you choose a move-out date that suits your timeline.
• Cover closing costs: In many cases, cash buyers will handle the closing costs, saving you from paying the typical seller fees, which can add up to thousands of dollars.
• Can be a foreclosure solution: Selling to a cash buyer quickly can help you prevent foreclosure and ease financial stress temporarily.

Cons

• Below market value: Cash buyers usually offer less than market value, meaning there’s a strong chance you will leave money on the table.
• Less competition: With only one buyer, you miss out on the opportunity to attract multiple bids that could increase your final sale price.
• Potential for scams: Some companies may not be legitimate, so it’s important to research and verify any cash buyer to avoid house-buying scams.
• No negotiations: Selling to a cash buyer means you lose the chance to negotiate the price or terms of the sale.

Tyler Bundy, a top agent in Nebraska who sells homes over 20% faster than the average agent in his market, cautions that sellers are likely to lose out on significant profit when selling to a cash buyer.

“When it comes to ‘We Buy Houses’ or cash offer companies in Nebraska, they are investors looking to make a profit. So if you’re looking to sell for a premium dollar or for market value and receive a cash offer, that will not happen,” Bundy says. “You will receive an offer that might be 20% to 30% below the market value.”

Option 2: Hire a top Lincoln real estate agent

Even though you may be wary of the traditional listing process, hiring a top real estate agent can still be a smart move. A skilled agent understands the local Lincoln market and can guide you through each step of the sale, from preparing your home to negotiating offers. Their expertise can help significantly speed up your home’s time on the market and work to get you the best possible sales price, even under a tight timeline.

Now, let’s explore current market conditions in Lincoln, as well as the advantages of working with a top real estate professional for a fast sale.

How fast are homes selling in Lincoln?

In Lincoln, homes are selling relatively quickly, with the current median days on market (DOM) at 27 days. This means that from the time a property is listed, it typically takes just under a month to go under contract. After the contract is signed, it generally takes an additional 43 days for the buyer to close on a purchase loan, bringing the process to just over two months.

With only 1.7 months of active inventory available, the Lincoln market remains very competitive. Homes priced correctly are moving fast.

“As the market has shifted with higher interest rates, the homes that are selling faster are those that are priced correctly and have more updates than other homes,” Bundy says.

Here is a snapshot of current real estate conditions in Lincoln:

*Does not include the typical 43 days a buyer needs to close on a purchase loan.

Data source(s): Multiple public transaction sites

Benefits of selling with a top Lincoln agent

Working with a top Lincoln real estate agent offers numerous benefits that can help you sell your home faster and for more money. Their expertise of the local market and tailored strategies can be key to a swift and successful sale. So, what exactly are the main benefits of working with a real estate professional? Let’s take a look below:

• Ability to sell for more: A skilled agent can price your home strategically, attracting buyers and simultaneously maximizing your profit.
• Can generate a speedy sale: Experienced agents know how to market and sell homes quickly in Lincoln’s competitive market.
• Accurate, effective pricing: A top agent performs a comparative market analysis to set an accurate price, ensuring your home won’t sit on the market too long.
• Professional negotiation skills: As skilled negotiators, agents can help secure the best deal and lead to faster closings by keeping the deal on track.
• Expert partner by your side: An experienced agent knows the ins and outs of the local market, guiding you through every step with clear communication.
• Will know what to fix and not fix: An agent can help inform you which repairs or upgrades will yield a return on investment, and which to skip.
• Elevated marketing: Using advanced marketing techniques like professional photography, video tours, and social media, agents can help increase your home’s visibility.
• Contract savviness: Agents are highly experienced in real estate contracts, advising you on buyer contingencies and sale terms without confusion.
• Can manage documents and disclosures: Agents handle the paperwork and legal requirements, ensuring that you have the correct disclosures for your state.
• Network of skilled professionals: Agents have a network of stagers, photographers, contractors, and inspectors on speed dial who can help prepare your home faster.

According to Bundy, the number one benefit of working with a real estate agent is that you’ll sell your home faster.

“You get the benefits of faster selling, professional marketing, professional negotiation — all of those things you get when you list with a Realtor.”

How to find a top Lincoln real estate agent

Finding the right real estate agent is key to a fast and successful home sale. HomeLight’s Agent Match platform makes it easy by analyzing over 27 million transactions and reviews, connecting you with several top-rated professionals in the Lincoln market. Whether you’re selling or buying, HomeLight can help you track down an agent whose experience aligns with your specific needs.

Expert agent tips to help sell your Lincoln house fast

Top Lincoln real estate agents follow a few smart strategies to help homes sell faster in their market. Here are some easy tips from the experts to help you maximize your chances of a speedy sale.

• Price it right from the start: Don’t overprice! This can cause your home to sit on the market with stagnant offers, causing you to lower your list price in the long run.
• Highlight your basement: “In Lincoln, basements are used for more than storage,” says top-selling Lincoln agent Joanne McCoy. “A lot of people convert it to more living space.”
• Focus on curb appeal: First impressions matter. Some fresh landscaping, a clean exterior, and outdoor lights can elevate your curb appeal and draw buyers in.
• Cater to remote workers: With so many people now working from home, stage a dedicated home office or workspace to appeal to remote professionals.
• Get a pre-sale inspection: A pre-sale home inspection can identify and address any potential issues proactively, before buyers notice and try to negotiate a lower price.
• Offer a home warranty: Providing a home warranty may give buyers more confidence in the deal, especially if they’re concerned about future repair costs.
• Use professional photography: High-quality, professional photos will help your listing stand out online and attract more buyers in Lincoln’s competitive market.
• Consider timing: Lincoln’s market can be seasonal. Use HomeLight’s Best Time to Sell Calculator to determine the optimal time to list.

Two of Bundy’s top tips to further expedite a sale are repainting the interior of the home and replacing worn flooring, whether it’s old carpet or beat-up wood floors.

“Flooring and paint are the two cheapest ways to improve the value of your home or the perceived value of your home, which in turn will help you sell your home faster and for more money,” he remarks.

Bundy also recommends decluttering as another critical step to increase the value of your home. “Decluttering your house is a given. You have to declutter,” he says. “[The house] has to look open. It has to have less things. That’s going to have the biggest impact on selling your home quickly, and it comes at no cost.”

Ready to sell your Lincoln house fast?

Whether you’re looking to hire a top Lincoln real estate agent or decide to settle for a fast cash offer, finding the solution that works best for your individual home sale is the key.

• If time is of the essence, a cash offer through HomeLight’s Simple Sale platform can help you close in as little as 10 days.
• Alternatively, working with an experienced agent ensures that your home is marketed professionally and priced to sell fast. HomeLight can connect you with multiple top-rated Lincoln agents in under two minutes.

If you’re still undecided, consider comparing a cash offer with an agent’s market analysis to gain a fully comprehensive overview of your options.

While the idea of selling your home quickly may be intimidating, HomeLight is here to help you every step of the way. With the informative tips, tools, and resources presented in this article, you’ll be well-equipped to make the right decisions for your Lincoln home and sell as fast as possible.