The #1 Reason It Is Difficult to Find Your Dream HomeThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation
Are You Ready To Sell Your Home And Give Away Most Of Your Equity
Are You Ready To Sell Your Home And Give Away Most Of Your Equity?
I recently took some buyers around the cities of Kissimmee and Davenport. The buyers were looking for a mid-size home with pool between $280,000 and $315,000. I was surprised to see many yard signs of these types of companies where sellers receive a direct offer for the house.Basically seller go online and they can get an offer for their house after filling some basic information.
Since I have a background in engineering, I am very curious and I like to know how things work, then I requested an offer for my own home.
I searched the web and found one of the companies. The entire process took me only 7 minutes and was done in five steps. I only had to fill out few drop down boxes and click next at the bottom of the page and finally click send.
I received an email letting me know that my request had been received and that I should be receiving another email shortly with my offer. I have to tell you seller, these companies are not playing. I got my offer 85 minutes later. That is about one hour and half later.
Once I opened the email and the offer, I looked at it about three times to make sure I was looking right. The offer I received was for about 85% of the value of my home. In addition, the company charged me 7% for their services. I am not sure what services!
For the seller out there who need help selling a property, please consider working with a licensed Realtor as your first option. Look for other options as well and weigh each one against what are you getting or receiving.
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