Are you struggling to decide whether to sell your Little Rock home to a professional home buyer or an iBuyer? If so, you are not alone. In recent years, working with an iBuyer to sell a house has become incredibly popular, as homeowners are seeking solutions to sell their properties in a more convenient way. Unfortunately, not many homeowners take the time to consider whether it is better to sell to a professional home buyer rather than the new real estate transaction model known as iBuyer.
While working with an iBuyer to sell a house may be simpler and less complex than a traditional home sale, there can be a number of risks involved with this type of real estate transaction. Not only is it possible that you may lose out on money, but there may be hidden fees that prevent you from making any profit on your home in Little Rock.
If you’re wondering whether to work with a professional home buyer or an iBuyer, we are here to help. Today, we’ll explore the three reasons why it is better to work with a professional home buyer in Little Rock vs. an iBuyer.
Fair Offer
Because an iBuyer uses technology to buy and sell your home, the company is likely unfamiliar with your community in Little Rock and may present an offer lower than your property is worth. On top of that, working with an iBuyer may include hidden fees and high commissions that will eventually eat away at your bottom line. If you’re seeking a fair offer on your property in Little Rock, it is best to work with a professional home buyer.
Unlike iBuyers, professional home buyers are familiar with your neighborhood and understand the true value of your home. Additionally, a professional buyer won’t charge the seller any commissions or fees to sell the home in Little Rock. If you desire to receive a fair, all-cash offer for your home in Little Rock, it is more beneficial to work with a beneficial home buyer in Little Rock vs. an iBuyer.
Repair Costs
When identifying and considering certain iBuyers to work with, you’ll likely be introduced to the idea that iBuyers offer a more convenient, simpler way to sell properties in Little Rock. While it’s true that the selling process is much easier with an iBuyer than with traditional home sales, there are a number of costs an iBuyer may not mention. One of these costs is the expense of repairs.
Because an iBuyer wants to make the most profit possible, the iBuyer will likely make the seller responsible for any repairs on the property. These repair costs may not become known until after you sign an agreement with the iBuyer. In many cases, iBuyers require sellers to accept the offer before revealing the costs of repairs.
Sellers interested in avoiding the costs of repairs may consider selling to a professional home buyer such as Little Rock Property Buyers. Unlike an iBuyer, a professional buyer will purchase your home as-is, allowing you to make a profit on your home while avoiding expensive repairs. This is another reason why it is beneficial to work with a professional home buyer vs. an iBuyer.
Houses like this could cost a lot in repair.
Holding Costs
Another major cost involved with working with an iBuyer is the cost of holding a property longer than expected. Because an iBuyer’s main motivation is profit, they may move on to the next seller at any time if you face issues with selling your property. As a result, you may be forced to balance paying for your current home while purchasing a new property. Not only does this prevent you from moving on with your life, but it also leads to expensive holding costs.
There are a number of reasons a seller may have to pay for holding costs, including the possibility of a seller facing expensive repairs. Because an iBuyer has no responsibility for your property prior to closing, it is possible for an iBuyer to move on to another seller if delays in closing your property occur. On top of being extremely expensive, holding costs can prevent you from purchasing a new property. In some cases, a seller may face paying two bills at once if relocating before closing was necessary.
Choosing to work with a professional home buyer in Little Rock vs. an iBuyer not only saves you a significant amount of money, but also a guaranteed closing within 30 days or less. Some companies, including Little Rock Property Buyers, may even close your property in as little as seven days. Because we understand the struggle of selling a house while relocating to a new property, we work with you to make the process as smooth and quick as possible. This is just one of the many reasons to consider working with a professional home buyer in Little Rock vs. an iBuyer.
Sell to Little Rock Property Buyers Today!
Want to avoid the headaches of working with an iBuyer? Consider selling your property to Little Rock Property Buyers, a professional home buyer in Little Rock, Arkansas. At Little Rock Property Buyers, we provide you with a fair, all-cash offer within 24 hours after receiving your property’s information. From there, we can close your property in as little as seven days, or on your schedule. Moreover, we buy Little Rock homes as-is, allowing you to move forward with your life without worrying about expensive repairs or hidden fees.
We understand how stressful selling a house can be, which is why Little Rock Property Buyers makes an effort to help you sell your property quickly and easily. Our team of professionals is ready to work with you on your schedule to help sell your Little Rock house in a timely manner. Our professional service and fair offers are just a couple of reasons why it is better to work with professional home buyers such as Little Rock Property Buyers vs. an iBuyer.
Ready to sell your house in Little Rock, Arkansas? Contact us today online, or call us at 501-580-3035 to make an appointment with us. We look forward to working with you!
