Are you thinking about selling to an iBuyer in Kansas City? Learn why the process can be risky and what alternatives you have instead in our latest post!
Selling Your Kansas City House To An iBuyer Comes With Risks
The rise of iBuyers is having a dramatic effect on the real estate market. While the convenience can be appealing, there are ways to sell that are just as easy, without costing you a fortune in costs or fees. Keep reading to learn more about iBuyers and the risks they pose to home sellers in the Kansas City metro area.
Less Personal Sales Process
When you work with an iBuyer to sell your house in Kansas City, the process won’t be nearly as personal as working with a local real estate agent or a local home buyer such as The Sierra Group Pro Home Buyers. An iBuyer isn’t going to take the time to get to know you and your personal situation. iBuyers will typically throw out an offer and move onto the next house. In many cases, you are just a number to them!
iBuyers Provide Lower Offers
An iBuyer is not going to take the time to learn about all of the property’s positives. Instead, they use automated software to determine the value of your home. While computers can do this pretty well, they will often miss out on things that affect your home value. iBuyers will often make blanket offers to homeowners in a specific region.
While the price might work for some people, it may not work for you. It can be much more beneficial to work with someone with their feet on the ground as opposed to relying on what a computer has to say about your property.
Don’t commit to an iBuyer for your house in the KC metro area until you explore all of your selling options. Run the numbers by getting a no-obligation offer from us today! We will make you an offer, typically multiple offers and/or solutions, plus we can help you understand what to expect if you should go with an agent. Our goal is to provide you with the information you need to you can make the best decision about how to sell your house in Kansas City!
Not A Local Company
From knowing the neighborhood to understanding what is possible with the property, iBuyers just aren’t going to get it. iBuyers typically buy houses nationwide, making it nearly impossible for them to understand every nuance of your local real estate market.
As local cash home buyers, we understand the local market better than anyone. We will always pay you a fair price, closing on YOUR date of choice. When you work with an iBuyer, you will be on their schedule, possibly even asked to clean up before you go. At The Sierra Group Pro Home Buyers, we make things as simple as possible for you, even handling all of the clean-up.
Less or No Wiggle Room
When you work with a local professional home buyer like The Sierra Group, you will have some wiggle room when it comes to the negotiations. You will usually be able to strike a deal when working with a local company.
With iBuyers, they make you an offer and that’s it. There is no going back to the drawing board. If you want to negotiate, the iBuyer is likely just going to move onto the next property seller. At The Sierra Group, we want to work with you to find the price that makes the most sense. We aren’t trying to buy your house at the lowest price possible, rather we want to work with Kansas City area homeowners one on one to find the solution that makes the most sense! We want to help you reach all of your selling goals, and get you to where you want to be.
High iBuyer Fees
Working with an agent will typically cost you between 5 and 7% in commissions. Working with an iBuyer can cost anywhere from 7.5-11.5% of the sale price! So let’s say you sell to an iBuyer for $200,000. You could lose out on $23,000 in fees and costs! That is a fortune! Plus your offer will likely be much lower than what you would receive on the open market.
If you want to avoid ALL of the agent fees and commissions, selling to a private, local professional home buyer is the way to go! Working with The Sierra Group Pro Home Buyers will ensure you receive a fair price without any of the red-tape or fees.
We Provide A Better Option To Sell Your Kansas City House
Selling to an iBuyer can be risky. Many people see it as a fast solution for an old or run-down property, which it can be, but it comes with a cost. While the process may be fast, you will likely receive much less when all is said and done.
Working with a local professional cash home buyer will likely put more cash in your pocket while saving you time. We understand the local real estate market and what is possible with houses in this area. We will always pay you a fair price, customized to your personal property!
Get in touch with us today to learn more about selling to an iBuyer in Kansas City!
7 Days Cash by The Sierra Group, LLC has been buying houses direct from sellers for more than 20 years. Unlike many companies that have popped up in recent years, we are a “real” home buying company, not “wholesalers.”
We are a Veteran owned company with an A+ rating from the Better Business Bureau. We invite you to check us out, and learn why hundreds of other home sellers have made the choice to trust the sale of a house to 7 Days Cash by The Sierra Group.