What You Need to Know About iBuyers in Los Banos and Surrounding areas

Do iBuyers make good offers?

If you want to sell your home quickly, need the cash ASAP or simply want to streamline the sale process, iBuyers can be a good idea. However, these companies do need to turn a profit, which means they will likely offer you less for your house than you might make otherwise.

Why not to use an iBuyer?

The big downside of iBuying is that all this convenience may come at a price. Selling to an iBuyer may mean you make less money on your sale than through the traditional route—working with a real estate agent who preps your home for sale and negotiates the best offer. You have time to wait until your house can be sold the traditional way, then hire a real estate agent. Don’t have time for the sale, think about selling to a hybrid investor such as Tom and Nancy Buy Houses.

Can you negotiate with an iBuyer?

Generally you’ll have the option to make an offer through your own real estate agent or by contacting the company directly, and you can negotiate with the iBuyer on price. Usually the I Buyer is set on their price.

Why did Zillow fail at iBuying?

The company ended up making thousands of above-market offers to homeowners. Zillow attributed the mishap to its technology, blaming its iBuying algorithms — called “Zestimates” — for inaccurately predicting the values of homes.

Things you should now about Zillow Zestimates:

The Zillow algorithm pulls information from tax records and previous MLS listings on the house. That alone is an issue because many times the county records’ square footage is wrong and the old listing information may not be up to date. Zestimates don’t factor in any updates you’ve made or the location of the property.

As sellers learn about the changes in the ever-evolving world of real estate, more are reaching out to iBuyers as a solution to sell. iBuyers utilize technology to quickly assume properties, making all-cash deals for homes without sellers needing to invest in prepping their house for the sale, dealing with showings or making repairs. However, all things come at a cost, and it may pay off significantly for you to read on as we explore four things you need to know about iBuyers in Los Banos and Surrounding areas.

Local

The first thing you need to know about iBuyers in Los Banos and Surrounding areas is that they aren’t local. They don’t have a vested interest in the local community, its people or the property values the way the local hybrid agents at Tom and Nancy Buy Houses do. iBuyers often make sellers meager offers. But, on the other hand, hybrid agents like those at Tom and Nancy Buy Houses and their entire team are your neighbors here in Los Banos and Surrounding areas. 

Options

iBuyers in Los Banos and Surrounding areas don’t offer any other options to sellers and don’t give you much time to decide. One thing you won’t find at Tom and Nancy Buy Houses is pressure. With the hybrid agents at Tom and Nancy Buy Houses, sellers have three options. Tom and Nancy Buy Houses offers a one-stop shop for all sellers, and we want you to take your time to ensure you feel confident in your choices. At [ccompany], we work with a policy of total transparency because we want you to feel good about working with us long after you’ve left the closing table

Acting real estate agents, the hybrid agents at Tom and Nancy Buy Houses can list your property and make it shine in its best light through their professional marketing efforts to bring buyers to your door. As real estate agents, the hybrid agents at Tom and Nancy Buy Houses know the market and can see your home’s potential; they are interested in your home selling for the highest potential profit. 

Or hybrid agents like those at Tom and Nancy Buy Houses acting as an investor can offer a guaranteed fast closing, often in days, for your home in as-is condition. Or, acting as an investor, the hybrid agents at Tom and Nancy Buy Houses will compare their offer to buy your home directly to the profits from listing, providing you with all the information you need to decide on the best way to sell. Of course, the hybrid agent investors at Tom and Nancy Buy Houses want you to agree their offer is fair. And when you sell directly to a hybrid agent at Tom and Nancy Buy Houses, you won’t pay any commissions, and there are never any hidden fees to surprise you at the closing; you won’t even pay closing costs. iBuyers work for a fee ranging from a set value to a percentage of the sale; you must thoroughly investigate how they will charge to understand your expenses upfront.

If your home has great potential and you have the time to wait out repairs or renovations, but you don’t have the cash to back the project, a hybrid agent from Tom and Nancy Buy Houses can work with you in a combination of agent and investor. A hybrid agent investor from Tom and Nancy Buy Houses will back the project financially, take on the risks and bring in the completed job on time with their vast network of highly skilled local tradespeople. Helping you sell your home by setting commissions on the current market value as-is, your hybrid agent investor from Tom and Nancy Buy Houses will work with you to fix and flip, then split the profits above the original value fairly. With so many options, what have you got to lose?

A hybrid agent from Tom and Nancy Buy Houses can help you explore your options and understand everything you need to know about iBuyers in Los Banos and Surrounding areas. Call Tom and Nancy Buy Houses at 559-715-1651.

. Tom and Nancy are here for you. Have questions on how we can help you, call our company and we will be glad to discuss what we can do and how we work.