If you sell your house to an iBuyer, you'll sell your house fast, but you'll walk away from the transaction with considerably less net proceeds than you would in a competitive process.
If you sell your house to a fix and flip investor off-market without entertaining offers from other prospective buyers, you'll walk away from the transaction with a lot less than you would have in a competitive process.
OfferMarket is a real estate marketplace that eliminates transaction fees and creates competition among buyers. We create a win-win where a portion of the seller's savings are passed on to the buyer.
Comparison | OfferMarket | Traditional Agent | iBuyer |
---|---|---|---|
Service fee | 0% | 5% - 6% | 5% - 10% |
Repairs | 0% (as is) | 0% - 4% | 0% - 4% |
Competition | High | High | Low |
Convenience | High | Low | High |
The costs associated with traditional home sales ranges from 6% to 15%.
When you sell your house you want to avoid expensive fees (commissions, repairs), you want to make buyers compete, and you want to close fast without any delays or headaches. That's exactly what OfferMarket provides. OfferMarket is an agentless real estate marketplace where sellers list for free and don't pay any commissions or service fees. OfferMarket is better than for sale by owner (FSBO) because we make buyers compete, screen all buyer inquiries, manage the contract paperwork, and coordinate the title work.