Instant Cash Offers – Are They Right For You?

Thinking of selling your home?  Wondering if those instant cash offers you hear about on the radio or get in the mail are worth it?

Maybe… maybe not

You see, those cash offers are coming from iBuyers which means they are investors willing to make a cash offer on your home, eliminating the need for you to do prep work, staging, and also eliminating showings and open houses….convenience.  You pick your closing date, and they can usually close in as soon as 14 days.  They will conduct an inspection on the home and most likely send you a repair adjustment… which is a reduction in your offer price.  The convenience does come at a cost.  There is a service fee which usually ranges from 6-15%.  This covers the cost of holding the property after the acquisition while they prep it for the market.

Sellers are giving up equity for convenience. This may work out just fine for some sellers if they want simplicity, convenience, and certainty.  The biggest difference between selling to an iBuyer and the traditional method is that the goal of the traditional method is to allow sellers to retain more of their equity.

Do you have any representation on these instant offers?   The answer is no.  You’re on your own.

How would you like to have options, be fully represented and have a fiduciary help you understand your true net so you can make an informed decision?

As a Keller Offers Certified iBuyer, I can offer you this as one of the top 1% of agents in the world who can help you understand, leverage, and benefit from iBuyers.  Or help you the traditional way and most likely net you more money.  Either way, you have full representation and your interests come first.

Contact me to find out more about how I can help you make the best decision for you.

Mick Bodino

Keller Williams Realty Cary