How to Sell a House for Cash in Miami Gardens
- Published on
- 8 min read
-
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 interested in selling a house for cash in Miami Gardens, it’s likely you’re looking for a fast, uncomplicated sale. With this type of transaction, you can avoid home prep, skip 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 Miami Gardens?
- What does this convenience cost?
- How much more can I get for my Miami Gardens house if I make repairs?
In this post, we’ll explain the two most common options for obtaining an all-cash offer in Miami Gardens, and how the offer amount might vary depending on who you sell to and whether you make repairs or sell as-is.
Compare Options: Investor Cash Offer vs. Top Miami Gardens Agent
Get an all-cash, no-obligation offer on your Miami Gardens 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 Miami Gardens agent.
Options to sell a house for cash in Miami Gardens
There are typically two main ways Miami Gardens homeowners 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 generate varying levels of proceeds.
Before we dive into the details, use the calculator below to get a quick estimate of how a cash offer in Miami Gardens might compare depending on how you choose to sell.
As you can see, your cash offer will be noticeably higher if your Miami Gardens home is in good condition. However, not everyone has the time, money, or desire to take on major repairs before they move. For some homeowners facing an imminent lifestyle or job change, financial pressures, or needing to sell an out-of-state inherited property, the speed and convenience of an all-cash offer can’t be beat.
Below, we’ll break down what you can expect from each option to sell a house for cash in Miami Gardens.
Option 1: Sell to a cash buyer company in Miami Gardens
House-buying companies and investor groups specialize in purchasing homes for cash. Many buy properties in “as-is” condition, meaning you don’t need to clean, prep, repair, or stage your Miami Gardens home. These are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Miami Gardens, 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 Miami Gardens typically follow a similar streamlined process:
- You submit information about your Miami Gardens 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.
While some Miami Gardens cash buyers fix and flip homes, others rent them out or hold them as investments. In general, they aim to purchase below market value to allow room for more profit.
Most We Buy Houses investors in Miami Gardens follow the 70% rule of house flipping, which suggests that the purchase price should not go above 70% of a home’s after-repair value (ARV) minus the estimated cost of 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, however, that these are general guidelines, and some Miami Gardens 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 South Florida
Pros and cons of selling to a Miami Gardens cash buyer company
| Pros | Cons |
| Speed: You can close and have cash in hand in days as opposed to months | Lower sale price: Cash buyers typically pay below market value |
| No repairs required: Sell your Miami Gardens home as-is, even if it needs work. | No negotiation: Most cash offers are take-it-or-leave-it, leaving little room for negotiation |
| Convenience: Skip the showings, open houses, and back-and-forth negotiations | Less competition: You won’t get competing bids from other buyers on the market |
| No fees or commissions: Most cash buyers cover your closing costs | Not suitable for all situations: Listing with an agent may net you more in the long run |
| Certainty: Without a lender involved, there’s minimal risk of deals falling through | Unscrupulous buyers and scams: Not all cash buyers are credible or trustworthy |
While plenty of reputable investors operate in Miami Gardens, it’s important to watch for red flags, such as companies that use high-pressure tactics or lack an established online presence. Look for companies with a proven track record, local market knowledge, and transparent communication.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Miami Gardens
HomeLight’s Simple Sale platform can connect you with the largest network of pre-vetted cash buyers in Miami Gardens and throughout the country, helping you review offers without navigating the investor world alone.
Here is the 4-step Simple Sale process:
To start, you’ll enter a few details about your Miami Gardens home and receive a no-obligation cash offer within 24 hours. If you accept, you can close in as few as 7 days or choose your ideal closing date. You’ll also receive a professional estimate of what your home might sell for using a top Miami Gardens real estate agent, so you can easily compare your options.
Option 2: Attract a cash buyer with a top Miami Gardens agent
Not all cash offers come from investors or companies. In Miami Gardens’ competitive housing market, many individual buyers come prepared with cash, whether they’re downsizing, relocating after selling a home in Georgia, or looking for a second home to escape harsh winters in another state. A top Miami Gardens 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 Miami Gardens agent
| Pros | Cons |
| A higher sale price: Agents can increase your home’s exposure, potentially sparking a bidding war | Longer timeline: A traditional listing in Miami Gardens can take weeks or months to close, depending on market conditions |
| Professional guidance: Agents handle the pricing, marketing, negotiations, and paperwork for you | Prep work required: You might need to clean, make repairs, or stage the home for showings |
| Broad market access: Listing on the MLS exposes your home to more qualified cash buyers | Showings and disruptions: Selling with an agent often involves multiple buyer showings and walkthroughs |
| Reduced stress: An agent can guide you through the process and help avoid costly missteps | Commission fees: You’ll need to pay a percentage of the sale price in agent commissions |
| Legal protection: Agents can help you navigate state disclosures and federal fair housing laws | Uncertainty of sale: There’s a higher risk of deals falling through, and no guarantee of a quick timeline |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Miami Gardens agents
If you’re leaning toward listing with an agent, HomeLight’s free Agent Match platform can connect you with Miami Gardens’ top-performing agents based on actual sales data. We analyze over 27 million transactions and thousands of reviews to determine which agent is the right fit based on your needs.
Whether you’re hoping to attract a cash offer or explore all your options, the right Miami Gardens agent can help you make the most of your sale. For a no-obligation consultation with a trusted agent, share a few details about your selling goals and timeline.
Which cash sale option is right for you?
If speed, convenience, and a hassle-free experience are your goals, selling to a vetted Miami Gardens cash buyer through HomeLight’s Simple Sale platform could be the way to go.
If you’re willing to spend more time and effort to earn a higher price — and don’t mind prepping your home for listing — working with a top Miami Gardens agent may be the best approach.
When you request a Simple Sale offer, you’ll also get an expert estimate of what your Miami Gardens home could sell for with a top agent, so you can confidently compare both options.
Still undecided about selling a house for cash in Miami Gardens? Use our Home Cash Offer Comparison Calculator above to get a sense 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 Miami Gardens expert.
There’s no universal solution, but with the right tools and professional guidance, you can make a confident, well-informed decision.
Header Image Source: (Lawcain/DepositPhotos)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
