RealSure will help sellers overcome the stress and obstacles of selling a home while buying a new one in two ways:
- "RealSure Sell" is a guaranteed cash offer (valid for 45 days) while we work to try and sell the home at a higher price.
- "RealSure Mortgage" allows sellers to bid with confidence on their next residence while marketing their current one. Sellers will have the opportunity to submit a non-contingent offer on a new home, while continuing to market their home.
“RealSure Sell,” is a guaranteed cash offer combined with a standard for-sale listing by a traditional real estate agent.
When you list with a Coldwell agent, you receive a “compelling cash offer immediately upon listing.” This offer is valid for a full 45 days while your home is listed on the market.
It works kind of like a contingency plan, assuming your home doesn’t sell as planned.
RealSure has been designed to solve two concerns consumers deal with when selling their home – knowing the best price they can receive, and determining whether they should wait to look for their next home before their existing residence sells.
Instead of having to choose one or the other, they get the peace of mind of an all-cash offer while waiting for better.
But there’s no obligation to the RealSure offer. After 45 days, you can accept the cash offer from RealSure or continue to market your home via your agent.
Assuming you’re enrolled in RealSure Sell, you also have the opportunity to make an offer on your next home purchase before you current one is sold using the RealSure Sell cash offer.
39% of buyers need to use proceeds from the sale of a primary residence to fund their subsequent home purchase.
For these folks, they either have to sell before they buy, or make a contingent offer, both of which are unattractive options.
This means they need to find interim housing, or ask for a leaseback, or work with a flexible seller, who may require a higher offer price to make the deal work.
For the record, the RealSure Mortgage program is not actually a mortgage product, nor affiliated with any particular lender.
It’s simply means you can start shopping for your next home right away by leveraging the cash offer during the mortgage qualification process for your subsequent home.
Give us a call for more information!