iBUYER ADVANTAGES
Speed and Certainty: • Offers typically arrive within 24-48 hours. • Closing can occur in as few as 7-14 days. • No financing contingencies that might fail. • Guaranteed closing dates. Convenience Factors: • No staging or preparation required. • No showings or open houses. • No ongoing maintenance during listing period. • Single decision point versus multiple negotiations. Simplified Process: • All paperwork handled by iBuyer. • No coordination with multiple parties. • Clear, upfront fee structure. • Predictable timeline. iBUYER DISADVANTAGES Financial Impact: The convenience comes at a significant cost: Below-Market Pricing: • Offers typically start 7-10% below market value. • Fees are added for repairs, etc. • Automated valuations miss unique features. • No competitive bidding to drive price up. • Limited negotiation opportunities. Fee Structure: • Service fees ranging from 6-9.5% (often higher than agent compensation).
• Additional fees for repairs and updates. • Closing costs sometimes passed to seller. • Total cost often exceeds 15% of value. 119
Powered by FlippingBook