Need to sell your house fast in Lexington?
Competitive cash offers: There’s no need to sort through dozens of We Buy Houses Lexington websites. Our team of experts understands the local market, and we work with one of the largest cash buyer networks in the nation to ensure you get the best offer possible through HomeLight’s Simple Sale Lexington platform.
No repairs or roadblocks: We specialize in helping Lexington sellers move quickly, even if a house needs repairs or you’re going through a difficult situation such as divorce, death in the family, or financial troubles.
Simple and fast: Get the cash you need to move on to your next chapter without the stress of showings, negotiations, or waiting months to close.
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How to Sell My House Fast in Lexington: Cash Offer Options
- Published on
- 15 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re a homeowner in Lexington facing the need to sell your house quickly, you might be wondering where to start. Whether you’re dealing with a job relocation, financial difficulties, or other urgent circumstances, selling fast is a priority — but it can also feel overwhelming. Fortunately, there are options available to help you make a quick, hassle-free sale.
In this guide, we’ll explore practical solutions for selling your Lexington home fast, from working with cash buyers to partnering with top local real estate agents.
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links or mentions of “We Buy Houses” or similar companies should not be considered endorsements.
Why you might need to sell your Kentucky house fast
Sometimes, selling your Lexington home fast might be your only option. Here are some common reasons why you might need to move quickly:
- Job relocation: A sudden job relocation can push you to sell and move quickly.
- Divorce: Selling your home as part of a divorce settlement can help you both move forward more easily.
- Inherited: If you’ve inherited a property you don’t want to keep, selling fast can simplify the process.
- Downsizing: Moving into a smaller, more manageable home for downsizing may prompt you to sell sooner rather than later.
- Financial difficulties: When facing financial struggles, selling your home quickly can help avoid foreclosure or other issues.
- Major repairs needed: If costly repairs are needed, selling fast to a cash buyer might be the best option.
Option 1: Request a cash offer for your Lexington home
If you want to sell your Lexington home quickly, requesting a cash offer can be a fast and efficient option. Traditional sales can take months, but with modern platforms like HomeLight’s Simple Sale, Lexington homeowners can connect with cash buyers who streamline the process and make it possible to close a sale in a matter of days.
With Simple Sale, you set your move-out date and could close in as few as 10 days. By providing a few details about your home and timeline, you’ll receive a no-obligation all-cash offer in as little as a week. It’s a straightforward and hassle-free way to sell your Lexington home fast.
The process of a cash offer in Lexington
In a cash sale, the buyer already has the funds available, eliminating the need for a mortgage and the lengthy process that comes with it. After evaluating your Lexington home’s condition and market value, the buyer will provide an offer. Once you accept, you can sell your house for cash and close quickly since there are no mortgage approvals or inspections to delay the sale.
Here are the three easy steps in the Simple Sale process:
Who else buys houses for cash in Lexington?
There are several established house-buying companies and investor groups that pay cash for homes in Lexington, making it easier for you to sell quickly. Here are a few options to consider:
Pros and cons of selling to a Lexington house-buying company
Is selling to a Lexington house-buying company the right move for you? Here’s a quick comparison of the most notable pros and cons to help you decide.
Pros
- Sell fast: You can receive a quick offer and close in as few as 10 days.
- Skip repairs: Most companies will buy your home as is, so you won’t need to worry about fixing anything.
- No staging or showings: You avoid the hassle and cost of staging your home or hosting open houses.
- Cover closing costs: Some companies may cover closing costs to reduce your out-of-pocket expenses.
- Guaranteed sale: You won’t face uncertainty about financing or buyer contingencies.
- Can be a foreclosure solution: Selling quickly can help you avoid or resolve foreclosure.
Cons
- Lower offers: Cash buyers typically make offers below market value.
- Less competition for your home: You miss out on competitive offers from multiple buyers.
- You give up control: The buyer sets many of the terms, including the price.
- No negotiations: Cash offers are usually non-negotiable.
- Not all companies are reputable: There’s a risk of scams or untrustworthy companies in the cash-buying market.
Option 2: Hire a top Lexington real estate agent
Even if you’re in a rush to sell your Lexington home, partnering with a top real estate agent can be a smart decision. A skilled agent will know the ins and outs of the Lexington housing market, handling everything from pricing your home competitively to coordinating marketing, staging, and showings. Their expertise can help you sell faster and for more money, even when time is limited.
How fast are homes selling in Lexington?
Homes in Lexington are currently selling in a median of 36 days on the market (DOM), meaning from listing to an accepted offer, you could be under contract in just over three weeks. However, it’s important to factor in an additional 45 days or so for the typical closing process, during which the buyer secures financing and completes inspections.
Lexington market statistics | As of July 2024 |
Days on market (average time from list to contract) | 36 days |
Median home sale price | $275,000 |
Supply of inventory | 2.6 months |
Data source(s): Bluegrass Realtors
Benefits of selling with a top Lexington agent
Working with a top real estate agent in Lexington can speed up the selling process and help you close a deal more quickly. Here are some of the key benefits an experienced agent can bring to the table to help you achieve a fast home sale:
- Ability to sell for more: A skilled agent will help you maximize your home’s sale price, even in a time crunch.
- Accurate, effective pricing: Agents know how to price your home competitively to attract buyers and generate a quicker sale.
- Professional negotiation skills: With expert negotiations, your agent can secure strong offers and keep the deal moving forward.
- Expert partner by your side: A top, experienced agent will guide you through the process to avoid costly delays.
- Will know what to fix and not fix: They can advise on which repairs are worth tackling to speed up the sale and which ones to skip.
- Elevated marketing: With advanced marketing, your agent can showcase your home to more qualified buyers.
- Contract savviness: A top agent will ensure you handle all paperwork efficiently, avoiding unnecessary delays.
- Can manage documents and disclosures: They’ll help you navigate legal requirements and ensure all disclosures are in place for a smooth sale.
- Network of skilled professionals: Agents have connections to stagers, photographers, and inspectors who can help present your home in the best light and sell it faster.
How to find a top Lexington real estate agent
Finding the right real estate agent in Lexington can make all the difference in a fast and successful home sale. HomeLight’s Agent Match platform analyzes millions of transactions and reviews to connect you with top-rated agents in the Lexington market. Whether you’re selling or buying, let HomeLight match you with the best local agent to guide you through the process.
Expert agent tips to help sell your Lexington house fast
If you’re selling your Lexington home and need to move quickly, these expert tips can help speed up the process and attract the right buyers.
- Price it right from the start: Avoid overpricing, which can lead to longer market time. A local agent will price your home competitively for a fast sale.
- Highlight outdoor spaces: Lexington buyers love patios and yards, so showcase your outdoor spaces to maximize appeal.
- First impressions matter: Boost curb appeal with fresh landscaping or a clean exterior to draw in potential buyers right away.
- Cater to remote workers: With more remote workers in Lexington, staging a home office can make your home more attractive.
- Get a pre-sale inspection: A pre-listing home inspection can uncover any issues, helping you avoid surprises that could delay the sale.
- Offer a home warranty: Providing a home warranty can give buyers peace of mind and make your home more appealing.
- Use high-quality photos: Professional, high-quality photos will help your listing stand out in Lexington’s competitive market.
- Consider timing: Lexington’s market can be seasonal, so use HomeLight’s Time to Sell Calculator to determine the best time to list.
“To get the most you can possibly get, you have to create the perfect storm, which is condition, price, and marketing,” according to top-selling agent Bob Sophiea.
Ready to sell your Lexington house fast?
Whether you choose to request a cash offer or hire a top real estate agent, finding the best fit for your Lexington home sale is key.
- If you need to sell quickly, a cash offer through HomeLight’s Simple Sale platform could be the perfect solution for a hassle-free transaction.
- Alternatively, hiring an experienced real estate agent ensures your home is marketed and priced to sell fast. HomeLight can connect you with a top agent in Lexington.
If you’re undecided, consider exploring both options. By comparing a cash offer with an agent’s approach, you can determine the best path for your needs.
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