Selling your home to an iBuyer might seem like a good idea these days, but it's really not. Here's why.
I'm sure you've seen the instant-offer and iBuyer programs out there. They offer convenience and speed, but are they worth it for homeowners?
In Nashville, this “convenience” could cost you up to 25% on your home's sale price. However, if you have the right team to help you sell your home, it's really not inconvenient at all to list it on the open market.
iBuyers typically come in with a price that's 10% to 12% below market value, then lower their offer by another 4% or 5% after the inspection. It just doesn't really make sense from a convenience or a price perspective. You'll end up selling for a lot less.
With the right team in place, you'll net more money, won't be inconvenienced, and will be much happier in the end. In conclusion: I think iBuyers are just looking for a deal and end up preying on vulnerable homeowners.
If you have questions for me about iBuyers or anything else related to real estate, don't hesitate to give me a call or send me an email. I look forward to hearing from you soon.