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Cash Discount?

Is there a cash discount?

December 2013

A client asked me a fairly common question and it seemed like a good topic for a blog. The question was how much discount should he expect for a cash offer in the current market?

I looked at one of my common searches that includes the MedicalCity area plus Saint Cloud and picked sales in the past 6 months. There have been 1783 of them.

713 Sales were All Cash and the median ratio between asking and selling price was 98.3%.

1070 were other than All Cash and the ratio was 99.3%.

I also looked at REO’s only and in both cases the median ratio was 100.0%

So, is there a discount for cash? No, there is not.

Copyright © 2017 Mid Florida MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Mid Florida MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. La Rosa Realty LLC participates in the MFRMLS Internet Data Exchange (IDX) program, allowing display of other MFRMLS broker's listings on this site. However may not include all listings currently available. Information is deemed reliable but not guaranteed. Information last updated at 2017-08-22 16:48:07.

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Mark LeMenager

Phone: 407-744-4759

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Mark LeMenager | La Rosa Realty LLC | 407-744-4759 | Mark_LeMenager@yahoo.com
3373 Schoolhouse Rd. Harmony, FL 34773