Illustrated Orange County home with two paths to the front door, for owners who need to sell my house fast in Orange County
Selling two ways

Two ways to sell your Orange County home
List it, or take a written cash offer.

To sell your house fast in Orange County you can take a cash offer, which usually closes sooner with no repairs or showings, or list it, which usually nets more because buyers compete. Greg Toussieng can do either. A licensed broker, he puts both numbers side by side so you choose with the full picture.

Gregory James Group · DRE #01822046Greg Toussieng, Broker, DRE #01495415
Step 1 of 3 · List it or take a cash offer
Cash offers are made by Greg Toussieng's company buying for its own account. Greg is a licensed California real estate broker (CA DRE #01495415). When we make you a cash offer, we are the buyer, not your agent, and we do not represent you in that sale. You are welcome to get advice from your own agent or attorney, and to compare the cash offer with listing your home on the open market.
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Greg Toussieng is a licensed California real estate broker, DRE 01495415. When he makes a cash offer, he buys for his own account as a principal and does not represent the seller in that purchase. He states this in writing in every cash offer.

Which way nets more: a listing or a cash offer?

A full listing usually nets more, because several buyers compete for the home and most of them finance it. A cash offer usually nets less, and in return it removes the repairs, the showings, the months of carrying costs and the risk of a buyer's loan falling through. Which is better for you depends on how much those things cost you in money and in time.

A listing makes sense for most homes in good order with a seller who can wait for the market. The cash route makes sense when the home needs work the seller cannot or would rather not pay for, when the date matters more than the price, or when showing the home would be hard.

How do the two ways compare?

The table puts the two routes side by side on the things that decide most sellers' choice.

A full listing and Greg's written cash offer, compared
List with GregGreg's written cash offer
Likely priceSet by competing buyers, usually the higher of the twoA fixed figure, usually below a listed sale
Time to closeDays on market plus a financed escrowA closing date written into the offer
RepairsRecommended where they pay for themselvesNone required; the price accounts for them
ShowingsPrivate showings and open housesOne walk-through
CommissionNegotiable, agreed in writingNone, because Greg is the buyer
CertaintyDepends on the buyer's loan and contingenciesNo loan contingency
Who Greg acts forYou, as your listing brokerHimself, as a principal, disclosed in writing

Both routes carry Orange County's documentary transfer tax of $1.10 per $1,000 of value and the usual escrow and title costs, and California's seller disclosures apply to both.

Is a cash offer for my house worth it?

In short

A cash offer for your house is worth it when what you save in time, repairs and risk is worth more to you than the gap in price. The way to know is to compare two net figures. For example, suppose a listed sale would bring $1,200,000 and the listing route would cost $90,000 in commission, repairs, staging and three months of carrying the mortgage, taxes, insurance and HOA. That listing nets $1,110,000 before the costs both routes share.

Now suppose a cash offer of $1,050,000 with no repairs, no showings and a closing date you pick. On those numbers the cash route nets $60,000 less, and the question becomes whether a fixed date, no work and no loan risk are worth $60,000 to you. These figures are only an example; Greg's analysis puts your own numbers in both columns.

Carrying costs are the line sellers most often underestimate. A home that sits for a few extra months while repairs finish and showings run keeps costing its mortgage, property tax, insurance, utilities and any HOA dues, and on an inherited home that may be empty, those months add up with nothing coming in.

When does a cash sale make sense?

A cash sale makes sense when the situation calls for speed or simplicity more than the last dollar. Common situations include:

  • a home that needs major work, such as a roof, foundation, plumbing or a full remodel, that the seller does not want to fund
  • an estate sale, where the heirs live elsewhere and want one clean transaction
  • a tenant-occupied rental where showings would be difficult
  • a firm date, such as a job move or the purchase of the next home
  • a home with unpermitted additions or other issues that make financed buyers hesitate

None of these require a cash sale. Many homes needing work still sell well on the open market, and some buyers look for exactly that kind of project. Ask Greg which route he would suggest for your home, and why.

How does Greg's cash offer work?

Greg's cash offer starts with your address and a walk-through of the home, and ends with a written offer you can take or leave.

  1. Request

    Use the home value form and tap that you would like a cash offer as well.

  2. Walk-through

    Greg sees the home in person so the offer reflects its real condition.

  3. Two numbers

    A written cash offer and a comparative market analysis for a listing, side by side.

  4. Your decision

    Accept, counter, list instead, or do nothing. There is no fee for asking.

  5. Escrow

    If you accept, a licensed escrow company handles the funds and documents through to recording.

Every cash offer from Greg carries the principal disclosure in writing: that he is a licensed California real estate broker and that he is buying for his own account. If you want independent advice on any offer, from Greg or anyone else, you are free to have your own agent or attorney review it.

How do I check a cash home buyer before I sign?

Check a cash home buyer the same way you would check any agent: a name, a licence number and a paper trail. Look the licence up on the California Department of Real Estate site, ask for written proof of funds, and insist that money moves only through a licensed escrow company, since California requires independent escrow agents to be licensed by the state. A buyer who asks you for money, or who wants a signature the same day, is one to walk away from.

Greg's broker licence is on the licensing page, along with the company record for Montana Real Estate Inc, DRE 01822046.

How fast can I sell my house in Orange County?

The fastest route is a cash sale, where the closing date is agreed in the offer and no loan has to be approved. A listed sale takes the days on market plus a financed escrow. The county's current median days on market is in the monthly market report, and city figures are in each area guide.

If you are not sure which route fits, ask for both numbers and decide with them in front of you.

What's my home worth?

Greg prepares a written valuation from recent sales near you. Start with the address.

The full listing plan, step by step, is on the selling with Greg page, and the home value page explains what goes into the analysis.

Questions

Common questions

Is a cash offer lower than a listed sale?

A cash offer is usually lower than what the same home would bring on the open market, because the buyer takes on the repairs, the holding costs and the risk of resale. What the owner gives up is partly offset by saving on preparation, showings and months of carrying costs. Comparing the two net figures shows the real gap.

How fast can a cash sale close?

A cash sale has no loan, so it skips the appraisal and loan approval that set the pace of most escrows. The closing date is written into the offer and agreed with the owner. Some owners want the fastest date possible; others need a few extra weeks to move, and a cash offer can be written around that.

Do I have to make repairs before a cash sale?

Repairs are not required before a cash sale to Greg. The offer is made on the home as it is, after a walk-through, and the price takes the work into account. The seller still completes California's required disclosures about the home's known condition, since those apply whoever the buyer is.

Is Greg acting as my agent when he makes a cash offer?

Greg Toussieng does not act as the seller's agent when he makes a cash offer. In that purchase he is the buyer, buying for his own account as a principal, and he discloses in writing that he is a licensed California real estate broker. Sellers can have their own agent or attorney review any offer.

Can I ask for a cash offer and a listing price at the same time?

Owners can ask for both at once. The home value request on this page has a tap for a cash offer as well, and Greg sends a written comparative market analysis for a listing alongside it. Seeing both numbers together is the fastest way to tell whether the cash route is worth what it costs.

How do I check that a cash home buyer is legitimate?

Checking a cash home buyer starts with a name and licence number to look up on the California Department of Real Estate site, written proof of funds, and an escrow held by a licensed escrow company. Be wary of any buyer who asks for money up front or pressures a signature the same day.

What's my home worth?

Start with the address. Greg does the rest.

A written valuation from recent sales near you, prepared by a licensed broker. Or call (949) 868-8820.

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Call GregHome value