Purchase Agreement vs. Premium Cash Offer: What's the Difference in Florida?

4 min read · Last updated 2026-08-03 · Reviewed by Joseph Mena, CFO of Cash Flow Deals. · Reviewed by Camilo Palacio, Licensed Florida Real Estate Professional (License #3280644, REALTOR®)

A purchase agreement sets your home's sale terms; a Premium Cash Offer describes a way to sell your home. With Cash Flow Deals, you choose between the Fast Cash Offer, where we buy your house as-is and close, and the Premium Cash Offer, where a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.

Factor	Traditional Listing	Cash Flow Deals
Timeline	One contract, one set of terms, fixed once signed; substituting a new buyer usually means canceling and starting over with a new contract.	You sign an agreement allowing us to bring a Premium buyer in our place, and that buyer signs a new contract directly with you. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.
Repairs	Seller pays for prep and any repairs flagged during the buyer's inspection or lender-required appraisal.	The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.
Fees / Costs	Commission is negotiable since the 2024 NAR Sitzer/Burnett settlement, paid to the listing agent out of sale proceeds.	Paid as one line item on the closing statement through Cash Flow Deals' licensed FL brokerage partner, not a markup on price.

What a Purchase Agreement Actually Is

A purchase agreement is the contract that sets the terms of a home sale: price, closing date, contingencies, and who pays what. In Florida, the most common version is the FAR/BAR AS IS Residential Contract for Sale and Purchase. It binds two specific parties, a buyer and a seller, to those exact terms. If either party wants to swap in someone new, a purchase agreement by itself does not do that. It can be amended, it can include contingencies that let a party exit under defined conditions, but the two named parties stay the two named parties unless something else changes that.

How Your Premium Cash Offer Leads to a Direct Buyer Contract

A purchase agreement sets what you sell and for how much. A separate agreement can change which party must carry out those obligations. Cornell Law School's Legal Information Institute describes a legal mechanism in which the contracting parties agree to substitute a new party for an existing one: the original party's obligations are discharged, the new party takes over, and the original contract is effectively replaced. Everyone involved must consent in writing. For your Premium Cash Offer, you sign with us and give us permission to bring in a real buyer in our place. That buyer then signs a new purchase contract directly with you. Review the written terms so you understand when your earlier agreement is replaced and which obligations end.

Cash Flow Deals' Process: How the Two Agreements Work Together

1. Request your walkthrough with Cash Flow Deals and compare your Fast Cash Offer and Premium Cash Offer. You choose whether we buy your house as-is and close or a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. 2. Put your chosen offer in writing. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens. 3. On Premium, Cash Flow Deals brings your real buyer, whose lender funds the purchase. We cover repair costs, and we figure out a way, so nothing comes out of your pocket. Only what the buyer's lender requires gets fixed, with costs settled from the sale proceeds from our share. On Fast Cash, you sell as-is without making repairs. 4. On Premium, your buyer signs a new contract directly with you, and title transfers once, straight from you to that buyer. If the buyer's loan falls through, that is our problem, not yours, and you can still take the Fast Cash Offer at its own number instead of the Premium Cash Offer.

Why the Substitution Matters to a Seller

With Cash Flow Deals, you choose your Fast Cash Offer or Premium Cash Offer. We buy your house as-is and close on Fast Cash. On Premium, a pre-approved FHA or conventional buyer we already have, ready to go, pays more and buys directly from you. Your home may be listed through Silver Door Realty, a licensed Florida brokerage, with a licensed agent and scheduled showings. Your Premium buyer signs a new contract directly with you, their lender funds the purchase, and title transfers once from you to them. Cash Flow Deals is paid as a separate line item on the closing statement. Amounts owed are settled from the sale proceeds first, you receive your agreed amount, and we are paid last from what remains. Premium repair costs, commissions and closing costs come from our share. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.

The One Exception: A Structural Issue That Was Not Visible Before Signing

None of this removes the seller's protection if something real turns up in the house itself. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.

Common questions

What happens to my original agreement when your Premium buyer signs?

Your Premium buyer signs a new purchase contract directly with you. The written agreements and everyone's required consent determine when your earlier agreement is replaced and its obligations are discharged. You can review those terms with an attorney before signing so you understand which agreement governs your sale.

Does choosing your Premium Cash Offer mean extra out-of-pocket costs?

No. Cash Flow Deals is paid as a separate line item on the closing statement through its licensed FL brokerage partner. We cover repair costs, and we figure out a way, so nothing comes out of your pocket. On Premium, only what your buyer's lender requires gets fixed, and those costs are settled from the sale proceeds from our share. You can compare the Premium Cash Offer with the Fast Cash Offer, where we buy your house as-is and close without repairs for you to make.

Why does it matter whose lender funds the purchase?

Because the buyer who ends up on title is a real FHA or conventional homebuyer using their own lender's money, not a resale to another investor. That is what lets title move once, directly from seller to that buyer.

Can your first agreement allow a Premium buyer to buy directly from you?

Yes. With Cash Flow Deals, you can sign an agreement that gives us permission to bring a real buyer in our place. Your Premium buyer then signs a new contract directly with you. The number is agreed before any work starts, and it changes only if you agree. The one exception: if something structural surfaces that was not visible or disclosed before we signed — foundation issues, hidden moisture, old wiring, cast-iron drain failure — we re-cost it and bring the number back to you. You decide. You can walk away. We disclose what we know at offer time so this almost never happens.