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Should I Sell My House to an iBuyer?


If you’re thinking about selling your home to an iBuyer, it's important to know what to expect up front.

Knowing how they determine the value of your house, what fees they may charge and what limitations they have will help you make the decision on whether it's best to sell to them or traditionally.

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Should I Sell My House to Zillow, Opendoor, Redfin, or Orchard?

Bret Chance

Integrity, hard work, do the right thing, problem-solving, professionalism, driven, teacher. Those are words that describe Bret Chance...

Integrity, hard work, do the right thing, problem-solving, professionalism, driven, teacher. Those are words that describe Bret Chance...

Aug 13 1 minutes read

Watch our video as we explain what to consider before you sell to one of these iBuyers.


Fees

Anywhere from 7%-15% plus cost of repairs, in addition to closing fees. You won't know the cost for repairs until after you are in contract and they have done an inspection of the property. 

Home Value Determination

Initially determined by automated valuation model (AVM) algorithms. This is different from a Comparative Market Analysis based on what homes like yours sold for recently. 

                                                       


    

Limitations

Each has their own limitations, some including: No well or septic. Purchase price under $300,000. Under half acre only. All repairs required. Provides only an offer range until property is viewed. Home age between 1978 & 2014 only.

                                                       


    

                                                       


    

                                                       


    

Quick Sale

If you need a quick sale, we have two iBuyer programs as well as other investors that could be a better option for you - PLUS you have someone representing your best interests!

Curious about whether you should sell to an iBuyer or on the open market?

We can run a spreadsheet showing all your options. 

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