Realtors Vs iBuyer Programs

Realtors Vs iBuyer Programs

Realtors Vs. iBuyer Programs

beth caudill of make the move team

by Beth Caudill
of Make the Move Team


It’s an interesting time in the real estate market with interest rates declining as we enter what is typically a slower part of the buying and selling season. If you are thinking of making a move, consider partnering with a local realtor instead of the growing number of iBuyer programs out there. And here is why.

Buying a home is overwhelming for a lot of people, and many times can be a long and stressful process. After all, there is so much to keep track of, whether it’s listing the home, ordering inspections and appraisals, keeping track of offers, getting the home ready to show, going through the closing process, etc. We’ve reached an age where people are looking for savvy ways to speed things up — especially if they need to get out of the home quickly.

This makes iBuyer programs an extremely popular option. Programs like Opendoor and Offerpad will estimate the value of your home and instantly make an offer. If you accept, the benefit is a faster sale and more control over when you move.

That sounds convenient enough, but if you look deeper, iBuyer programs charge anywhere from 10-12% in fees to do what they do. So for a $200,000 sale, that’s roughly $24,000 in fees right off the top. On top of that, there’s no one there to answer questions, give advice, ensure you’re not leaving any money on the table, and more.

A real estate agent represents the traditional way of buying or selling a home. But beyond the transaction itself, they give advice, education, around-the-clock service, money-saving tips, and act as a valuable resource for any additional connections you may need. They are a wealth of market knowledge, and you get all of that for roughly half the cost of an iBuyer program.

When you put realtors and iBuyer programs side-by-side, it suddenly makes having a realtor look like a steal.

Why wouldn’t you want someone who is easily accessible in your community to take care of you and walk you through the buying or selling process? If you have any questions when it comes to real estate, education, or anything else that has to do with the Lake Cities or surrounding communities, give my team: Make The Move Team at eXp Realty or me a call. We will have your back at all times.

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