Selling to a cash buyer is an "interesting" shortcut if you are facing foreclosure, dealing with an unwanted inheritance, or simply need to move across the country next week. However, if you have the time to make minor repairs and wait for the best selling months (typically April through June), listing with a traditional agent will almost always net you a higher profit.
If they push you to sign immediately without allowing a lawyer or family member to review the contract, walk away.
Legitimate cash buyers follow a specific business model often referred to as or fix-and-flip : Speed: They can often close in as little as 7 to 14 days.
"We Buy Houses" companies are generally legitimate, though they serve a specific niche of sellers who prioritize and convenience over getting the maximum market price. The Reality Behind the Signs