How to Sell a House for Cash in Maryland
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Alexandra Lee Associate EditorClose
Alexandra Lee Associate EditorAlexandra is an associate editor of HomeLight.com. Previously, she served as a writer and social media manager at Santa Barbara Life & Style Magazine, in addition to interning at the nonprofit honors society Phi Beta Kappa. Alexandra holds a bachelor's degree in communication and global studies from UC Santa Barbara, and she has three years of experience reporting on topics including international travel, luxury properties, celebrity interviews, fine dining, and more.
If you’re looking to sell a house for cash in Maryland, chances are you’re looking for a quick, uncomplicated sale. With an all-cash transaction, you can often skip home prep, bypass repairs and showings, and close on your own timeline.
The three big questions on your mind might be:
- How do I sell a house for cash in Maryland?
- What does this convenience cost?
- How much more can I get for my Maryland house if I make repairs?
In this post, we’ll walk you through the two most common options for receiving an all-cash offer in Maryland and discuss what your offer amount might look like, depending on who you sell to and whether you make repairs or sell as-is.
Compare Options: Investor Cash Offer vs. Top Maryland Agent
Get an all-cash, no-obligation offer on your Maryland home through HomeLight’s Simple Sale platform. Close in as few as 10 days with no repairs or showings. You can also see an estimate of what your home might sell for using a top Maryland agent.
Options to sell a house for cash in Maryland
There are two main ways in which Maryland homeowners typically sell for cash: working directly with a house-buying company or investor, or hiring a real estate agent who can help attract a cash offer from a traditional buyer. Each option can provide varying levels of proceeds.
Before we get into the details, use the calculator below to get a quick estimate of how a cash offer in Maryland might compare depending on how you choose to sell.
As demonstrated above, your cash offer will be significantly higher if your Maryland home is in good condition, but not every homeowner has the time, desire, or financial means to take on major repairs. For those dealing with an impending life or job change, monetary setbacks, or the need to sell an inherited property from out of state, the speed and convenience of an all-cash offer can’t be beat.
Let’s look at what you can expect from each option to sell a house for cash in the Old Line State.
Option 1: Sell to a cash buyer company in Maryland
House-buying companies and investor groups specialize in purchasing homes for cash. Many of them buy properties in “as-is” condition, meaning you can avoid cleaning, repairing, or staging your Maryland home. They are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Maryland, known as iBuyers, only purchase homes in good condition or move-in-ready “turnkey properties.” The most well-known iBuyers are Opendoor and Offerpad, which pay higher cash offers but charge a fee of around 5% of the home’s price.
We Buy Houses companies in Maryland typically follow a similar streamlined process:
- You submit information about your Maryland property online or over the phone.
- They assess the home’s value using local market data and an on-site visit.
- You receive a no-obligation cash offer, often within 24 to 48 hours.
- If you accept, they can close in as little as 7 to 14 days.
Some Maryland cash buyers fix and flip homes, while others rent them out or hold them as investments. Their goal is typically to purchase below market value to allow room for profit.
Most We Buy Houses investors in Maryland follow the 70% rule of house flipping, which suggests that the purchase price should not exceed 70% of a home’s after-repair value (ARV) minus the cost of the repairs. Our calculator above applies a formula to show a range of the 70% rule, as well as an 80% guideline used by many rental property investors.
Keep in mind that these are general rules, and some Maryland cash-for-homes companies may offer more or less depending on the property’s location and condition.
»Learn more: 5 Top We Buy Houses for Cash Companies in Maryland
Pros and cons of selling to a Maryland cash buyer company
| Pros | Cons |
| Speed: You can close and get paid within days instead of weeks or months | Lower sale price: Cash offers are typically below market value |
| No repairs required: You can sell your Maryland home in its current condition | No negotiation: Most cash offers are presented as take-it-or-leave-it |
| Convenience: Skip the showings, open houses, or drawn-out negotiations | Less competition: By selling off-market, you’re not exposing the home to potential buyers |
| No fees or commissions: Most house-buying companies cover closing costs | Not suitable for all situations: An agent-assisted sale makes more sense in certain circumstances |
| Certainty: Without a lender involved, there’s less risk of a deal falling through | Unscrupulous buyers and scams: Not every cash buyer is trustworthy or reputable |
While there are many reputable investors throughout Maryland, it’s smart to keep an eye out for signs of a bad deal, such as a company that uses pressure tactics or lacks an established online presence. Instead, search for companies with verified reviews, proven local expertise, and open, transparent communication.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Maryland
HomeLight’s Simple Sale platform can connect you with the largest network of pre-vetted cash buyers in Maryland and throughout the U.S., helping you review offers without having to navigate the investor world on your own.
Here is the 4-step Simple Sale process:
To get started with Simple Sale, you’ll enter a few details about your Maryland home and receive a no-obligation offer within 24 hours. If you accept, you can close in as few as 7 days or choose your preferred closing date. In addition, you’ll also receive an expert estimate of what your home might sell for using a top Maryland real estate agent, so you can compare your options with ease.
Option 2: Attract a cash buyer with a top Maryland agent
Not all cash offers come from investors or companies. In Maryland’s competitive housing market, many individual buyers come prepared with cash, whether they’re downsizing, relocating after selling a home in Washington, D.C., or looking for a second home as a potential vacation rental. A top Maryland real estate agent can help position your home to attract these types of buyers.
»Learn more: Why Hire a Real Estate Agent When You’re Selling or Buying
Pros and cons of selling with a top Maryland agent
| Pros | Cons |
| A higher sale price: Agents can boost exposure, potentially leading to multiple offers | Longer timeline: A traditional listing in Maryland can take weeks or months to close |
| Professional guidance: A pro can handle the pricing, marketing, and negotiations on your behalf | Prep work required: Cleaning, staging, and repairs are often required before listing your home on the market |
| Broad market access: Listing on the MLS can help you reach more qualified cash buyers | Showings and disruptions: Multiple showings and walkthroughs can disrupt your normal routine |
| Reduced stress: Agents tackle the complex tasks, saving you time and removing pitfalls | Commission fees: You’ll need to budget for agent fees as a percentage of the sale price |
| Legal protection: You’ll get professional guidance on state disclosures and federal fair housing laws | Uncertainty of sale: Offers can still fall through or take longer than expected, even with an agent |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Maryland agents
If you’re leaning toward listing with an agent, HomeLight’s free Agent Match platform can connect you with Maryland’s top-performing agents based on actual sales data. We analyze over 27 million transactions and thousands of reviews to determine which agent is right for you based on your needs.
Whether you’re aiming to attract a cash offer or want to explore all your options first, the right Mayland agent can help you make the most of your sale. For a no-obligation consultation with a trusted agent, tell us a little about your selling goals and timeline.
Which cash sale option is right for you?
If speed, convenience, and a no-fuss process are your priorities, selling directly to a vetted Maryland cash buyer through HomeLight’s Simple Sale platform could be the right fit.
If you’re willing to invest more time to potentially earn a higher price — and don’t mind preparing your home for showings — partnering with a top Maryland agent may be the smartest choice.
When you request an offer from Simple Sale, you’ll also get an expert estimate of what your Maryland home could sell for with a top agent, allowing you to compare both options side by side.
Still on the fence about selling a house for cash in the Old Line State? Use our Home Cash Offer Comparison Calculator above to get an idea of what your home might sell for, depending on how you choose to sell it. Then, request a no-obligation offer or consult with a trusted Maryland expert.
While every home and situation is different, the right tools and expert guidance can help you come to a confident, well-informed decision.
Header Image Source: (Parker Coffman / Unsplash)
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