iBuyers are a part of our market, but they shouldn’t be considered by all home sellers. Here’s why.
iBuyers like Zillow Offers, Opendoor, and Offerpad are institutions that will pay cash for your home. You won’t have to deal with showings or open houses and can usually get a 30-day close. However, the catch is that you’ll sell the home at a bit of a discount to save a lot of time and energy. The iBuyer will then resell the property after they buy it from you.
Should you consider selling to an iBuyer? Absolutely. Depending on your situation, this could be an effective and convenient route for you. It certainly won’t get you the most money, but your agent may also be able to pitch your home to different iBuyers to get the highest offer.
An agent’s expertise will help you make the best possible decision, instead of getting tied up with an iBuyer for too long. The best net offer you’ll get is from having the property on the market with the agent. The agent’s commission usually pays for itself and will make you more money than an iBuyer.
If you have any other questions for me about iBuyers or real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.