Are you thinking of working with an iBuyer? If so, follow these three tips to ensure the best possible results.
The term “iBuyer” may be fairly new, but the concept it represents has been around for a long time in our industry. Essentially, iBuyers are investors or investment companies who use technology to make instant cash offers to buy homes outright.
If you choose to work with an iBuyer when selling your home, make sure you follow these three tips to ensure optimal results:
1. Make sure to get offers from all available iBuyers before accepting one. Certain iBuyers might offer a better deal than others, so don’t merely accept the first one you receive. It’s best to “shop around” so that you know you’re getting the most money possible for your home.
2. Review comparable properties carefully. Sometimes, iBuyers may use outdated sales data when determining your home’s value. Never assume the comparables they’re looking at are up-to-date. Instead, do your due diligence to make sure their valuation of your home is accurate.
3. Consider different programs. Working with an iBuyer comes at a premium cost. Therefore, you must partner with a real estate expert who can introduce you to different available programs. This will make all the difference in how smoothly and successfully your sale goes.
If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.