Side-by-side comparison
| Sell to IL Fast Home Buyers | List with an agent | |
|---|---|---|
| Time to close | As little as 7 days, or your date | Depends on the market, plus the buyer's loan timeline |
| Repairs and cleaning | None, we buy as-is | Often needed to attract buyers |
| Showings and open houses | None | Usually many |
| Commissions | None | Typically paid by the seller |
| Closing costs | We cover them | Seller pays their share |
| Financing risk | None, we pay cash | Deals can fall through if the buyer's loan fails |
| Price | Fair offer based on condition | Can be higher for move-in ready homes |
When a cash offer makes the most sense
- You need to sell quickly because of a move, a deadline or financial pressure
- The house needs repairs you cannot or do not want to pay for
- You are facing foreclosure or behind on taxes
- You inherited a property or are selling a rental with tenants
- You want certainty and do not want to risk a deal falling apart
When listing may make more sense
If your home is move-in ready, you are not in a hurry and you are comfortable with repairs, showings and paying a commission, listing with an agent may bring a higher sale price. We are happy to give you a no-obligation cash offer anyway so you can compare your options side by side.
Illinois selling costs to know
Illinois charges a state real estate transfer tax of $0.50 for every $500 of the sale price, and counties may add up to $0.25 per $500. The seller usually pays it unless the contract says otherwise (Illinois Department of Revenue). Chicago adds its own transfer tax of $5.25 per $500, with $1.50 of that typically paid by the seller (source). When you sell to us, we cover the closing costs, so these costs do not come out of your price.
Frequently asked questions
Why sell to IL Fast Home Buyers instead of listing with an agent?
When you list, you may wait months for a buyer, pay a commission, make repairs, host showings and risk the buyer's financing falling through. We buy directly with cash, so there is no waiting for a buyer, no repairs, no showings and no commission, and you choose the closing date.
Are there any fees or commissions?
No. There are no commissions and no hidden fees, and we cover the closing costs. Anything you already owe on the property, such as a mortgage balance or a lien, is paid off at closing out of the sale price, the same as in any home sale.
How is my cash offer calculated?
We look at what similar homes nearby have sold for, the condition of your home and the cost of any needed repairs. You get a clear number with no obligation to accept it, and we are happy to walk you through how we got there.
How fast can I sell my house to IL Fast Home Buyers?
We can close in as little as 7 days. If you need more time, you pick the closing date and we work around it. Most sellers get their cash offer within 24 hours of telling us about the property.