Selling Your Home? Don't Fall Victim to an iBuyer! Call Cathy Carter Professional Real Estate Agent
If you've been looking into selling your home, there's a good chance you've already heard about real estate "iBuyer" services. With this type of service, a third-party real estate company or investor offers to pay cash for your home. No need to set up showings to qualified buyers. No need to make costly repairs and upgrades to your home before listing. Sounds great, doesn't it?
Unfortunately, the convenience that you may gain from selling your home to an iBuyer is quickly offset by the many potential downfalls of working with such a service. At the end of the day, if you really want to get every last penny out of your home and avoid headaches along the way, working with a licensed Realtor® is your best bet by a long shot.
Reasons Not to Sell a Home to an iBuyer
There are many reasons to avoid selling your home to an iBuyer, as convenient as this type of service may seem on the surface.
Negotiation is a No-Go
When you sell to an iBuyer, the process is very straightforward. You receive an offer on your home, then you either take it or leave it. With this type of home sale, there is absolutely no room for negotiation. Unfortunately, this often means that you end up leaving a lot of money on the table, selling your home for significantly less than it's actually worth for the sake of "convenience." From there, your buyer will likely make a few upgrades to your home before turning around and selling it at a huge profit that could have been yours.
An iBuyer is the Opposite of a Market
Another thing to consider is that an iBuyer is actually the opposite of a healthy real estate market. When it's an overwhelmingly sellers' market (as it has been for the past couple of years across Arizona and the rest of the country), you should be getting top dollar for your home. An iBuyer, however, is more interested in their own bottom line. No matter how much your home may be worth, you can expect a low-ball offer.
iBuyers Cash Offers Drop Before Closing
One of the most enticing aspects of selling to an iBuyer for many homeowners is the prospect of a cash offer with a quick closing. Many iBuyers use language that suggests their offers are guaranteed (and guaranteed to close quickly). In reality, iBuyers have no fiduciary responsibility—and it is not uncommon for these offers to be rescinded or even dropped at the last minute before closing, leaving sellers high and dry. In this sense, working with an iBuyer could actually waste a lot of your valuable time (on top of your hard-earned money).
No Vested Interest in You
Perhaps above all else, iBuyers are in the business entirely for themselves. They have no incentive to take a vested interest in you and your needs—or even your property (aside from squeezing every last penny they can get out of it). Do you really want to sell your home to a third-party investor who is only focused on profits?
Reasons to Sell With a Licensed Realtor®
The good news? While selling to an iBuyer comes with many potential drawbacks, you always have the option of selling your home the "old-fashioned" way using a licensed Realtor. Let's explore just a handful of the many benefits of working with a Realtor to sell your property.
Get Top Dollar For Your Home
First, a Realtor will be able to get top dollar for your home; that's because these real estate professionals have access to tools and resources that those not in the industry don't have experience with. This means they can confidently and accurately determine how much your home is worth and how to market it in a way that will help you sell it quickly.
Realtors Work For You
Likewise, while it's true that Realtor do collect a percentage of your home's final sale price as part of their commission, the reality is that they are working entirely for you. An iBuyer may not charge a commission, but there are almost always other fees involved (such as closing fees) that you will be responsible for. With a Realtor's commission, at least you can rest assured that you're getting a quality service out of the fee you're paying. After all, a Realtor's commission is directly related to the total sale price of your home.
Enjoy Expert Assistance
Last but not least, a Realtor can provide valuable assistance throughout every step of the sales process to keep things as stress-free and simple for you as possible. For example, your Realtor may be able to suggest a few minor repairs or upgrades that you can make to your home in order to improve its resale value and sell it more quickly.
Likewise, a Realtor can help with negotiations, handling inspection and appraisal repairs, and even walking you through the complicated closing process.
The Bottom Line
As you can see, there are many reasons to work with a licensed Realtor when selling your home rather than selling it to a third-party iBuyer. In doing so, you can ensure that you get top dollar for your home while also streamlining the process. In fact, you might be surprised at just how much a Realtor can help you get for your home in today's market.
Ready to discuss listing your Arizona home? I'm here to help! With decades of experience in area real estate (working with both buyers and sellers), I have the experience and knowledge needed to determine how much your home is worth and what steps we can take to sell it quickly. Contact me today to find out more about what me and my team can do for you as you prepare to sell!
PARTNER WITH TOP REALTOR IN ARIZONA - CATHY CARTER
For the past two decades, Cathy Carter has been a top REALTORⓇ in Arizona serving Southeast Valley home buyers and sellers. Whether you are interested in Arizona homes for sale with pool, or it's time to list your current property, Cathy is able to provide the kind of knowledge, skills, commitment, and personalized service you need. Cathy's personal approach to the real estate process allows her to connect with her clients and uncover the right homes for them. For sellers, Cathy is 100% committed to getting your home sold quickly for top dollar, with hundreds of homes sold.
Cathy will protect your best interests, advocate for you, negotiate on your behalf, keep you well-informed, and guide and advise you every step of the way. For more information about available Arizona real estate with pool, or selling your home in Southeast Valley, please give Cathy Carter a call today at (480) 459‑8488 or get in touch by email.
RE/MAX Cathy Carter Real Estate & Luxury Homes
Professional REALTOR®
RE/MAX Gold Nation
725 W. Elliot Rd., Suite 111
Gilbert, AZ. 85233
Email or Call: 480‑459‑8488
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