Compare Selling Your House Traditionally Versus to Danny Buys Houses
Our Transparent Comparison To Help With Informed Decisions
This comparison provides a detailed breakdown of selling your home through traditional methods versus accepting a cash offer from Danny Buys Houses.
Financial Comparison
Based on a sample property with $210,000 market value after repairs (in move-in condition)
Factor | Traditional Sale | Danny Buys Houses Sale |
---|---|---|
Starting Market Value | $210,000 | $210,000 |
Pre-Sale Repairs | -$62,000 (paid by seller) | $0 (no repairs needed) |
List Price | $210,000 (after repairs) | N/A |
Sale Price | $210,000 (assuming full ask) | $105,000-$122,000* |
Agent Commissions | -$12,600 (6%) | $0 |
Closing Costs | -$4,200 (2%) | -$2,000 (minimal) |
Holding Costs | -$4,200 (2-3 months) | $0 (immediate sale) |
Concessions to Buyer | -$5,000 (potential) | $0 |
Net Proceeds | $122,000 | $103,000-$120,000 |
*Cash offers typically range from 70-85% of After-Repair Value (ARV) minus repair costs
See our valuation methodology
Timeline Comparison
Stage | Traditional Sale | Danny Buys Houses Sale |
---|---|---|
Preparation | 4-8 weeks for repairs*, staging | 0-1 days (as-is condition, no cleaning needed) |
Marketing Time | 30-90 days on market | 0 days (immediate offer) |
Buyer Search | Multiple showings, open houses | One walkthrough (sometimes virtual) |
Offer to Contract | 1-7 days for negotiations | 15 minutes |
Contract to Close | 30-45 days (financing) | 7-14 days (as fast as 3 days if necessary) |
Total Timeline | 2-6 months | 7-14 days |
*For a detailed breakdown of repair timelines based on level of disrepair check out our repair timeline comparison
Process Comparison
Factor | Traditional Sale | Danny Buys Houses Sale |
---|---|---|
Home Preparation | Extensive repairs, cleaning, staging | None required (as-is) |
Showings | 10-20+ potential buyers | 1 walkthrough |
Privacy Impact | High (multiple strangers in home) | Low (minimal disruption) |
Appraisal Required | Yes (for buyer's financing) | No |
Financing Contingency | Yes (potential for deal collapse) | No |
Inspection Contingency | Yes (potential for renegotiation) | No (bought as-is) |
Sale Certainty | 68-85% close rate* | 95-100% close rate |
Stress Level | High | Low |
*Data from March 2025 indicates that 14.3% of homes that went under contract in January failed to close, marking an increase from 13.4% a year earlier, according to a Redfin analysis. Source: National Mortgage Professional
Best For Scenarios
Traditional Sale Better When: | Danny Buys Houses Sale Better When: |
---|---|
You have time to wait for the highest offer | You need to sell quickly (relocation, financial urgency) |
Your home is in excellent condition | Your home needs significant repairs |
You can afford to make necessary repairs | You don't have funds or time for repairs or updates |
The market is hot with multiple buyers | You're facing foreclosure or tax liens or just want to sell fast |
You're not in a rush to move | You inherited an unwanted property |
You can handle showing disruption | You need predictable closing timing |
You're willing to negotiate with buyers | You want a simple, hassle-free process |
You can carry two mortgages if needed | You're dealing with a divorce or estate situation |
Read more information on the potential benefits and drawbacks of selling your home to a cash home buyer
Hidden Costs Comparison
Traditional Sale | Danny Buys Houses Sale |
---|---|
Time off work for showings | None |
Utilities while vacant | None |
Staging costs ($1,500-$5,000) | None |
Home warranty for buyer ($300-$600) | None |
Survey for buyer ($800-$1,500) | None |
Multiple mortgage payments during listing | None |
Potential price reductions if not selling | None |
Repair credits after inspection | None |
Moving twice if timing issues | None |
Sample Calculation for $210,000 Home (ARV)
Traditional Sale
- Market Value: $210,000
- Pre-Sale Repairs (more expensive for homeowner*): -$62,000
- Agent Commission (6%): -$12,600
- Closing Costs (2%): -$4,200
- Holding Costs (3 months): -$4,200
- Buyer Concessions: -$5,000
Net Proceeds: $122,000
*Cash Home Buyers like Danny Buys Houses typically get better pricing on repairs due to volume and contractor relationships.
Danny Buys Houses (70% Rule)
- ARV: $210,000
- Cash Offer (70% of ARV): $147,000
- Minus Repair Costs: -$42,000
- Minimal Closing Costs: -$2,000
Net Proceeds: $103,000
Cash Buyer (75% Rule - Strong Market)
- ARV: $210,000
- Cash Offer (75% of ARV): $157,500
- Minus Repair Costs: -$42,000
- Minimal Closing Costs: -$2,000
- Net Proceeds: $113,500
Note: This comparison is for illustrative purposes. Actual figures will vary based on property condition, local market conditions, and the specific cash buyer's business model. For more information, see our valuation methodology.