Recently, we’ve seen a lot of sellers leave money on the table because they’re selling to instant cash buyers. You’ve probably seen flyers, letters, ads, and more, all advertising the quick and easy way to sell. Unfortunately, these offers usually won’t give you what your home is really worth.
If you sell to an instant cash buyer, the transaction is one on one. However, if you work with us, we can put you in a situation where you could have 10 or 15 buyers competing for your house. We’re averaging six offers per listing this year, but if your home is in good condition, it could be much higher.
“Companies like Offerpad have great marketing, but they usually aren’t your best option. “
Often, these instant buyers want to buy your home below market value only to sell your contract to an investment company. They receive a hefty finder’s fee for this; it’s usually upwards of $20,000. All that money could be in your pocket if you sell on the open market. If you work with a great team, you can probably make much more than what the instant buyers are offering.
Often, companies like Offerpad have great marketing, but they aren’t your best option. In one instance, we talked to a buyer who wanted to sell their home quickly for cash. They initially wanted to use Offerpad, but we convinced them to speak with an investor we knew first. As it turns out, our investor was able to make a quick, all-cash offer far above what Offerpad was offering.
The bottom line is that if you want to sell your home, no matter what direction you want to go in, give us a call first. We can help you make the best decision for your situation. We look forward to hearing from you!