Sell My House Houston with no agent fees and no closing costs. We are local cash buyers in Houston that offer cash for houses. If you need to sell your house fast and want to avoid doing any repairs or pay agent fees then we are a great solution for you.
One question we hear from many of our clients is “what is an iBuyer?” In this post, we shed some light on the subject to help you determine if you should work with one or not! There are many things to be aware of and we want to make sure you have all of the information you need!
iBuyers are the latest trend in the real estate world. While their services allow you to quickly sell your house, you may end up receiving far less than had you sold in a different manner. Once you factor in all of their fees, the amount you receive will be even less. Below, we offer answers to some of the most frequently asked questions we hear from homeowners who want to sell a house fast in Houston and are curious if they should use an iBuyer, sell directly to a professional home buyer, or put their house on the MLS with a Houston real estate agent! Keep reading to determine which selling option will work best for you and your unwanted house in Houston and the surrounding areas!
What Is An iBuyer?
An iBuyer is a company that purchases properties sight unseen, often for much less than retail. There are many major companies getting involved with iBuying, which is quickly changing how houses are bought and sold. iBuyers utilize technology to make you an offer for your house almost instantly. After all, the “i” in iBuyer stands for an instant. They can simplify the home selling process which is very appealing for people who need to sell a house fast in Houston. However, working with an iBuyer can come with some serious drawbacks. You will likely receive much less for your house, not to mention all of the costs and fees. In many cases, home sellers will miss out on thousands of dollars which usually isn’t worth it. Working with an agent or a professional home buyer such as Sunrise House Buyers TX will help you to save time and money on the home selling process. Our offers are fast, easy, and always fair!
How Are Their Offers Determined?
Typically, when working with an iBuyer offers made are pretty general. Of course, some property attributes will be calculated into the offer, but otherwise, the offer is often based on geography and the size of your house. Agents and property buyers use what is called a comparative market analysis which incorporates the data of recently sold homes in your area to determine what your house is currently worth. iBuyers use what is called an automated valuation model, or AVM, which is similar to a CMA, but it uses technology to evaluate the property as opposed to a real live person running the numbers. A lot can be missed using this process and home sellers aren’t typically able to negotiate with iBuyers. In many cases, the iBuyers offer simply takes it or leaves it.
Does Their Process Work?
The process is pretty simple, but keep in mind that you get what you pay for. First, you submit the details of your property. The computer will run a few numbers, quickly spitting out an offer for you. It can be difficult for a computer to accurately calculate all of the attributes of your home, leaving you with a standard price that will be used for many properties in your area. The process can work for some home sellers in Houston, however, working with an agent or a professional buyer will likely get you more cash for your house.
What Do They Charge?
The costs of working with an iBuyer can be pretty hefty! According to Marketwatch, an iBuyer will charge up to 11.5% in commissions and fees. That is just about double what an average agent will charge you in commissions, plus your offer will typically be much lower than what you would be able to get on the MLS. If you need to sell your house fast, for a great price, without any cost whatsoever, Sunrise House Buyers TX will buy your house outright.
How Is Sunrise House Buyers TX So Different?
At Sunrise House Buyers TX, we work with local Houston home sellers, helping them to reach all of their selling goals. We purchase houses directly, always for fair and honest prices. We handle all of the details and will close on the property at your convenience, we are typically ready to go in only about 7 days. When you work with our team at Sunrise House Buyers TX, you won’t have to worry about expensive fees or hidden charges. Our process is fast, simple, and will help you with any unwanted property in the Houston area. Don’t agree to sell to an iBuyer in Houston until you learn more about the services we can offer you!
We Buy Houses Houston
There is however an easier way to sell your house fast. Sell your house directly to us and avoid agents and long waiting periods! Make no repairs, and pay no agent commissions. No need to list or wait months hoping the house will even sell. We are home cash buyers in Houston Texas that buy houses fast in any condition. So if you need to sell your Houston TX home to a reputable home buyer, just give us a call at 281-306-5191 or fill in the form below, or just visit our homepage for more information. We are fair, friendly, honest, and have tons of reviews to show for it. What is an iBuyer and is it right for you? If you need to sell your house in Houston, we can help you find out! Reach out to us today for more information! 281-306-5191