Start by comparing net proceeds after any condition requests, since a cash buyer can still ask for repairs or a lower price after a home inspection, typically $400 to $600, even without a financing condition attached. Cash removes lender risk, it does not remove inspection risk.
Then weigh the timeline against your own plans. A cash close can often happen in a matter of weeks rather than a month or more, which is valuable if you already have somewhere to go, and worth much less if you need time to find your next place.
A lawyer reviewing the accepted offer before signing will confirm the funds are real and the conditions are clear, which matters more for your protection than the label on the offer. Get your hand-reviewed valuation from Joel Dyck.