iBuyer is DOUBLE the cost of traditional real estate fees?!

By
Real Estate Agent with RE/MAX Results
https://activerain.com/droplet/5klL

Have you ever thought about selling your home to an iBuyer like Zillow? (or OpenDoor, OfferPad, etc). Over 69,000 requests were submitted in the 2nd quarter of 2019 to Zillow!

 

It is hassle free and you get an offer for your home right away...what's the catch?

Researchers at Collateral Analystics wanted to learn more about how these iBuyers make money and what is in it for the home seller?

 

Here is a link to the full research paper

 

The analysis of the findings showed that offers made to sellers had 13-15% of the home price in fees!

(Real estate agents/traditional brokerage model is typically 6% of the home price)

iBuyer options are not bad, but they are expensive! 

 

Search Home for Sale in the Twin Cities

 

 

Search Home for Sale in the Twin Cities

 

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Topic:
Real Estate Market Trends
Location:
Minnesota
Tags:
zillow
sell your home fast
home sellers
traditional real estate
stieg strand
opendoor
offerpad
ibuyer
the strand group

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Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Some people just have bold attitudes, You seem to have your head on straight, thank goodness!

Aug 30, 2019 09:10 PM #1
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Rainmaker
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Stieg Strand

Always showing up and working hard for you
I am ready to help you, just let me know how...
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