{"id":29738,"date":"2022-02-22T10:31:53","date_gmt":"2022-02-22T18:31:53","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=29738"},"modified":"2024-03-21T10:24:22","modified_gmt":"2024-03-21T17:24:22","slug":"agent-cash-offer-dallas-house","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/agent-cash-offer-dallas-house\/","title":{"rendered":"How HomeLight Cash Offer Helped a Dallas Couple Buy for $15K Under Asking and Close in 10 Days"},"content":{"rendered":"<p>Having shared six years in their cozy-but-cramped starter home, Logan and Ashleigh Caraway knew it was time to size up \u2014 especially once they started talking about growing their family.<\/p>\n<p>The Caraways reached out to their friend and Dallas-Fort Worth real estate agent, Adie Dugan. And at first, things looked promising for a swift transition.<\/p>\n<p>\u201cIt was a very ideal time to move \u2014 the market was on fire,\u201d says Ashleigh.<\/p>\n<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/OlUTYzXydRs\" width=\"700\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<h2>Heavy competition for buyers, including cash investors<\/h2>\n<p>But the Caraways quickly learned that a hot market for sellers means that it\u2019s tough out there for buyers.<\/p>\n<p>\u201cEvery home we wanted to put an offer in on had multiple offers, and often we could not compete with what was on the table,\u201d says Logan. \u201cWe would submit strong offers, but they kept getting rejected. It was really tough to be competitive in this market,\u201d Ashleigh adds.<\/p>\n<p>Fortunately, Dugan had another idea in mind.<\/p>\n<p>She noticed that her clients weren\u2019t just competing against other single-family homebuyers \u2014 they were competing against investors with deep pockets.<\/p>\n<p>\u201cThere were so many cash investors really flooding Dallas-Fort Worth,\u201d says Dugan. \u201cSo I brought HomeLight Cash Offer to Logan and Ashleigh\u2019s attention.\u201d<\/p>\n<figure id=\"attachment_29750\" aria-describedby=\"caption-attachment-29750\" style=\"width: 700px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior.png\" target=\"_blank\"><img decoding=\"async\" width=\"666\" height=\"381\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-666x381.png\" class=\"attachment-content size-content\" alt=\"A Dallas house purchased with HomeLight Cash Offer.\" srcset=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-666x381.png 666w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-64x37.png 64w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-128x73.png 128w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-192x110.png 192w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-432x247.png 432w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior-500x286.png 500w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-exterior.png 700w\" sizes=\"(max-width: 666px) 100vw, 666px\" \/><\/a><figcaption id=\"caption-attachment-29750\" class=\"wp-caption-text\"><\/a> Source: (<a href=\"https:\/\/www.compass.com\/listing\/3337-moss-creek-drive-grapevine-tx-76051\/776879145412978937\/\">Adie Dugan of The Rhodes Team of Berkshire Hathaway HomeServices PenFed Realty Texas<\/a>)<\/figcaption><\/figure>\n<h2>HomeLight Cash Offer gets buyers noticed<\/h2>\n<p>When homes are receiving dozens of offers, buyer\u2019s agents need a way to make their client\u2019s offer stand out from the competition and get the attention of a busy listing agent.<\/p>\n<p><a href=\"https:\/\/www.homelight.com\/cash-offer\">HomeLight Cash Offer<\/a> simplifies the purchase process for qualified buyers (and their preferred agent!) by removing the financing contingency. Buyers then have the power to make an ultra-competitive cash offer with the ability to close in as few as eight days \u2014 all with no hidden fees.<\/p>\n<p>\u201cHomeLight Cash Offer was really the right solution for Logan and Ashleigh,\u201d says Dugan. \u201cIt gave them the competitive edge of a cash offer and we could get the listing agents to talk to us \u2014 versus when an agent is flooded with 30 other offers that all look very similar.\u201d<\/p>\n<p>With their financing contingency eliminated, the Caraways were not only able to start a conversation about the home they envisioned for their family, but they were also able to close on it in just 10 days.<\/p>\n<p>\u201cWe were the only cash offer. It was pretty quick for us,\u201d says Dugan. \u201cWe could have gone the traditional financing route for this home, but I don\u2019t think we would\u2019ve been able to negotiate as well with the seller.\u201d<\/p>\n<figure id=\"attachment_29745\" aria-describedby=\"caption-attachment-29745\" style=\"width: 700px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen.png\" target=\"_blank\"><img decoding=\"async\" width=\"666\" height=\"381\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-666x381.png\" class=\"attachment-content size-content\" alt=\"A kitchen in a Dallas House purchased with HomeLight Cash Offer.\" srcset=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-666x381.png 666w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-64x37.png 64w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-128x73.png 128w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-192x110.png 192w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-432x247.png 432w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen-500x286.png 500w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-kitchen.png 700w\" sizes=\"(max-width: 666px) 100vw, 666px\" \/><\/a><figcaption id=\"caption-attachment-29745\" class=\"wp-caption-text\"><\/a> Source: (<a href=\"https:\/\/www.compass.com\/listing\/3337-moss-creek-drive-grapevine-tx-76051\/776879145412978937\/\">Adie Dugan of The Rhodes Team of Berkshire Hathaway HomeServices PenFed Realty Texas<\/a>)<\/figcaption><\/figure>\n<h2>Flexible support for a stress-free purchase<\/h2>\n<p>Aside from their boosted buying power, one aspect that Dugan and the Caraways each appreciated was HomeLight\u2019s comprehensive support throughout the purchase process.<\/p>\n<p>\u201cEveryone was very professional, very friendly, very responsive,\u201d says Logan. \u201cIf we had a question, we had an answer almost immediately.\u201d<\/p>\n<p>As a busy agent, Dugan especially valued HomeLight\u2019s responsiveness and proactive approach to doing business.<\/p>\n<p>\u201cMaggie, our HomeLight Cash Offer Strategic Relationships Manager, was there for me every single step of the way. Every time I had a question, she had an answer ready,\u201d explains Dugan. \u201cAgents who are running around with a bunch of different clients and juggling all these balls really need to be able to rely on their support team.<\/p>\n<p>\u201cI felt like I could rely on HomeLight.\u201d<\/p>\n<figure id=\"attachment_29746\" aria-describedby=\"caption-attachment-29746\" style=\"width: 700px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool.png\" target=\"_blank\"><img decoding=\"async\" width=\"666\" height=\"381\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-666x381.png\" class=\"attachment-content size-content\" alt=\"A pool outside a Dallas house purchased with HomeLight Cash Offer.\" srcset=\"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-666x381.png 666w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-64x37.png 64w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-128x73.png 128w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-192x110.png 192w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-432x247.png 432w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool-500x286.png 500w, https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2022\/02\/cash-offer-dallas-house-pool.png 700w\" sizes=\"(max-width: 666px) 100vw, 666px\" \/><\/a><figcaption id=\"caption-attachment-29746\" class=\"wp-caption-text\"><\/a> Source: (<a href=\"https:\/\/www.compass.com\/listing\/3337-moss-creek-drive-grapevine-tx-76051\/776879145412978937\/\">Adie Dugan of The Rhodes Team of Berkshire Hathaway HomeServices PenFed Realty Texas<\/a>)<\/figcaption><\/figure>\n<h2>Welcome home with HomeLight<\/h2>\n<p>Thanks to HomeLight Cash Offer, the Caraways were able to buy their new home and they\u2019ve been enjoying the extra space and great location ever since. They say that HomeLight gave them the tools they needed to be competitive once they found their ideal home.<\/p>\n<p>\u201cI think the seller had an easier decision to make because of the cash offer,\u201d says Logan. \u201cThat sped up the process tremendously.\u201d<\/p>\n<p>Not only were they able to make an enticing, quick-close offer, the Caraways even found themselves in the driver\u2019s seat when it came to negotiations. This was an unexpected turn of events in the rapid-fire Dallas market \u2014 but one with a rather advantageous outcome for Logan and Ashleigh.<\/p>\n<p>\u201cWe got this house for $15,000 under asking,\u201d says Ashleigh. \u201cWe really do recommend HomeLight for anyone trying to stay competitive.<\/p>\n<p>\u201cThat\u2019s the power of the cash offer.\u201d<\/p>\n<p><em>Header Image Source: (Erin Hervey \/ Unsplash)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a hot real estate market like Dallas, it\u2019s been rare lately to buy a home for less than asking price. But the Caraways managed to do exactly that thanks to HomeLight Cash Offer. Here\u2019s their story.<\/p>\n","protected":false},"author":140,"featured_media":29751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[193],"tags":[],"class_list":["post-29738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-agents"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How HomeLight Cash Offer Helped a Dallas Couple Buy for $15K Under Asking and Close in 10 Days<\/title>\n<meta name=\"description\" content=\"In a hot real estate market like Dallas, it\u2019s been rare lately to buy a home for less than asking price. But the Caraways managed to do exactly that thanks to HomeLight Cash Offer. 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