There are many new companies and discount brokers popping up all over the internet. I wanted to break down the differences to give you an overview of your choices. Where I have had personal experience, I will tell my story.
There are many, many options for sellers out there. The best advice I can give you is to do a little research. Get the numbers from an IBuyer (sales price, repair amounts, fees) and ask a REALTOR© to create a Net Seller Sheet and Market Analyses for you. Then decide which is the best road for you.
Bottom line: You will need to pick up the expenses for services that discount brokers will not offer. And they work on a volume platform -so they want to sell faster, not for more money.
The REALTOR© designation holds agents to higher ethical standards and asks them to pay for the privilege. It costs you nothing extra, so ask your agent if they are a member of NAR.
When looking for IBuyer options, there is a major and really expensive component to the seller that is always left out of the equation.
The extraordinary high fees and repair costs.
I have worked with 4 clients who contacted a major IBuyer to sell.
What is a discount broker?
There are a few types out there and as competition for your business increases, more are popping up. Just know what you are getting before you sign on the dotted line.
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