Technology has changed the way we do almost everything – including how we approach the buying and selling of real estate. One of the biggest trends is the concept of selling to an iBuyer. An iBuyer is either an individual or investor who offers to buy a home instantly, online, based on market value obtained through an automated system. If you’re considering selling your home, iBuyers offer a quick alternative to the traditional listing.
Basics of Selling to an iBuyer
The essential differences between an iBuyer and traditional listings is that there is no real estate agent involved. The home seller will answer some basic questions online about home condition and unique features. The iBuyer will consider this information along with the automated home valuation and send an offer to the seller.
Selling to an iBuyer can be a decent option for older, dated homes who might linger on the market, but as with any transaction it’s always best to have appropriate representation so you are protected and get the best value for your home. Since sales prices are typically lower than traditional sales, having an agent will ensure you make more from the sale of your home in the long run.
Selling to an iBuyer is becoming more and more popular. This is why I am so committed to coming alongside you on the home selling journey to make sure you get the best possible price for your home. Do not get distracted by the possibility of selling without an agent only to find yourself frustrated and loosing money.
If you’re looking for help finding out what your home is worth please reach out. I’m here to help!