Published
TLDR: Compare the preparation, listing, showing, inspection, financing, and carrying steps of a traditional sale with the simpler Purple Man's Hat cash-sale path.
If your only goal is achieving the highest possible retail price, and you have the time and money to repair the property, remove unwanted belongings, clean and stage it, photograph and list it, accommodate showings, negotiate with buyers, complete inspections and wait through buyer financing, a traditional listing may be the better option.
Purple Man's Hat is built for sellers who value a simpler, cheaper, and quicker path.
Net proceeds are the purchase price minus mortgage payoffs, other liens, and any costs allocated to you at closing. A cash purchase removes a buyer's mortgage-financing step when the buyer uses its own available funds. It does not automatically remove title work, inspections, disclosures, or every selling cost.
Ask for a written estimate based on your property and the agreement. Compare the estimate with a realistic listing alternative, including preparation costs and the time you may continue to own the property.
Use the cash home buyer checklist, learn what selling as-is means, and review Old Republic Title's explanation of escrow and closing.