Selling to Machines: Real Estate's iBuyer Frenzy

Dated: February 27 2019

Views: 58

 It's pretty hard if you live in the Triangle not to have seen or heard of OPEN DOOR. 

Their billboards, online advertising and home listing signs are everywhere. 

For some home sellers, this is an excellent solution for selling your home. 

  • QUICK SALE.  You can be closed in as few as 10 days.
  • LESS HASSLE.  No showings, no kids clean rooms.
  • AVOID CONTINGENCY. Don't lose your new construction dream home. 

These options can certainly make selling to Open Door and other ibuyers such as Knock, OfferPad or Zillow iBuyer (yep, they're in the game too), a great solution. 

On the flip side, there's several possible variables to consider, as this October 2018 NAR article points out:   

  • Algorithim's are pricing homes, and they can be WAY off. 
  • Quick close and original price can be altered, thwarting plans
  • Process involves several different people/departments 
  • Leaving money on the table

Those considering selling in the Triangle this year should consider looking at both options if considering working with an iBuyer before moving forward.

I have personally spoken and negotiated with Open Door and can handle the same with them for you if desired. 

Getting an online instant price for your home at 3am while in your PJ's sounds enticing, but it could end up costing you a lot more in dollars and time.   

Got questions?  Call or text Tonia at 919.609.5206 or tonia.zampieri@exprealty.com 

PS:  She is not a robot ;-)

                     

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Tonia Zampieri

Hello, I'm Tonia Zampieri, broker/owner of The Zampieri Group, brokered by eXp Realty LLC. My constant goal is to create exceptional real estate experiences focused on service and value. I beca....

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