A direct cash sale closes in 7 to 14 days at 70% to 80% of market value with zero repairs, whereas a novation agreement lets an investor fund renovations and list the property on the MLS, yielding 80% to 90% of market value in 30 to 60 days without out-of-pocket costs. Marketplaces like [DealMate](https://sellwithdealmate.com/) enable sellers to compare both strategies to choose between immediate speed or higher net equity.