As sellers learn about the changes in the ever-evolving world of real estate, more are reaching out to iBuyers as a solution to sell. iBuyers utilize technology to quickly assume properties, making all-cash deals for homes without sellers needing to invest in prepping their houses for sale, dealing with showings, or making repairs. However, all things come at a cost, and it may pay off significantly for you to read on as we explore four things you need to know about iBuyers in Durham.
Local
The first thing you need to know about iBuyers in Durham is that they aren’t local. They don’t have a vested interest in the local community, its people, or the property values the way the local hybrid agents at Jiffy Offer do. iBuyers often make sellers meager offers. But, on the other hand, hybrid agents like those at Jiffy Offer and their entire team are your neighbors here in Durham.
Options
iBuyers in Durham don’t offer any other options to sellers and don’t give you much time to decide. One thing you won’t find at Jiffy Offer is pressure. With the hybrid agents at Jiffy Offer, sellers have three options. Jiffy Offer offers a one-stop shop for all sellers, and we want you to take your time to ensure you feel confident in your choices. At [ccompany], we work with a policy of total transparency because we want you to feel good about working with us long after you’ve left the closing table
Property iBuyers, also known as instant buyers, are companies that use technology and data analysis to make quick offers on homes, often within days or even hours of a seller’s request. These companies use algorithms to determine a home’s value and then make a cash offer to purchase the property directly from the seller, typically with a quick closing timeline.
Property iBuyers typically charge fees that are higher than traditional real estate commissions, which can range from 5% to 15% of the sale price, depending on the company and the local market. In exchange for this fee, the iBuyer takes on the risk of owning and reselling the property and offers the seller a quick and hassle-free transaction.
While property iBuyers can offer a convenient and fast way to sell a home, there are some potential drawbacks to using these services. The fees charged by iBuyers can be higher than traditional real estate commissions, and the algorithms used to determine a home’s value may not take into account unique features or upgrades that could increase the property’s worth. Additionally, some sellers may prefer to work with a traditional real estate agent who can offer personalized guidance and assistance throughout the selling process.
Acting real estate agents, the hybrid agents at Jiffy Offer can list your property and make it shine in its best light through their professional marketing efforts to bring buyers to your door. As real estate agents, the hybrid agents at Jiffy Offer know the market and can see your home’s potential; they are interested in your home selling for the highest potential profit.
Or hybrid agents like those at Jiffy Offer acting as an investor can offer a guaranteed fast closing, often in days, for your home in as-is condition. Or, acting as an investor, the hybrid agents at Jiffy Offer will compare their offer to buy your home directly to the profits from listing, providing you with all the information you need to decide on the best way to sell. Of course, the hybrid agent investors at Jiffy Offer want you to agree their offer is fair. And when you sell directly to a hybrid agent at Jiffy Offer, you won’t pay any commissions, and there are never any hidden fees to surprise you at the closing; you won’t even pay closing costs. iBuyers work for a fee ranging from a set value to a percentage of the sale; you must thoroughly investigate how they will charge to understand your expenses upfront.
If your home has great potential and you have the time to wait out repairs or renovations, but you don’t have the cash to back the project, a hybrid agent from Jiffy Offer can work with you in a combination of agent and investor. A hybrid agent investor from Jiffy Offer will back the project financially, take on the risks and bring in the completed job on time with their vast network of highly skilled local tradespeople. Helping you sell your home by setting commissions on the current market value as-is, your hybrid agent investor from Jiffy Offer will work with you to fix and flip, then split the profits above the original value fairly. With so many options, what have you got to lose?
A hybrid agent from Jiffy Offer can help you explore your options and understand everything you need to know about iBuyers in Durham. Call Jiffy Offer at (919) 324-0891.