How do I handle buyers who want a quick close?
Want them to close in 7 days and still pay top dollar? Read this and take control.
Why quick-close buyers trigger panic — and how to stop it
Buyers who demand a quick close can sound like a threat. They can also be the fastest route to cash — if you run the process. Quick close, fast close, rapid closing: all the same challenge. The key is control. You keep the price and timelines in your hands by setting rules, verifying the buyer and removing surprises.
5-step plan to handle buyers who want a quick close
1) Qualify the buyer immediately
- Ask for proof of funds for cash buyers or a mortgage pre-approval letter for financed buyers.
- Confirm lender contact info and expected underwriting timeline.
2) Set a firm, short but realistic closing date
- Offer a 7–21 day closing window depending on financing.
- Put the date in the agreement as a firm closing obligation, not a suggestion.
3) Increase deposit and use clear conditions
- Ask for certified funds or a larger deposit to show commitment.
- Limit conditional clauses that extend closing (tie financing or inspection deadlines to specific days).
4) Eliminate friction before offers arrive
- Order a pre-listing inspection and deliver a full disclosure package to buyers.
- Order a title search or title insurance quote early.
- Prepare utility, condo, and tax records for transfer.
5) Coordinate professionals for a fast finish
- Notify the buyer’s lender and your lawyer/notary of the tight timeline.
- Schedule the closing date with the title company, lawyer, and both agents immediately after offer acceptance.
Quick tactics that protect price while closing fast
- Prefer cash or bridge-financed buyers for sub-21 day closes.
- Offer a price hold but require a non-refundable deposit within 48 hours.
- Use a short rent-back if you need more time for your move.
- Accept subject-to financing only with firm, lender-confirmed dates.
Closing day checklist for a fast close
- Certified funds or bank wire confirmed
- Lawyer/notary appointment booked
- Title documents and clearances in hand
- All repairs/disclosures completed or documented
- Keys and property transfer forms ready
When to say ‘no’ to a quick close
- Buyer has no proof of funds or weak pre-approval
- Lender or lawyer can’t meet the timeline
- Buyer wants open-ended conditions that push closing out
Sell fast without giving up money: that’s a process. You control price and timing by qualifying buyers, tightening contract language, prepping paperwork early, and coordinating pros.
Need help executing this plan and keeping the full sale price? Contact a local expert for a no-nonsense strategy and hands-on coordination.
For a fast, secure sale contact Tony Sousa — email: tony@sousasells.ca • phone: 416-477-2620 • website: https://www.sousasells.ca
