Opendoor or Agent? Call us before submitting your home to them!
When it comes to buying or selling a home, one of the first decisions you'll make is whether to work with a traditional real estate agent or try out a newer option like Opendoor. As a real estate team, we've had experience working with both, and we're here to give you the inside scoop on which choice is right for you. We can get you a better deal with them. Several of our team members used to work there so we know the in's and outs of how to navigate their system to get you the best offer price and terms.
Sellers:
If you're looking to sell your home quickly and easily, Opendoor can be a great choice. As an iBuyer, they'll give you an offer on your home within days, and you can close in as little as a week. This can be a huge relief for sellers who need to move quickly, or who don't want to deal with the hassle of traditional home showings and negotiations.
That being said, Opendoor's offers aren't always as high as what you might get on the open market. If you have a unique or high-end property, or if you're willing to put in the time and effort, working with a traditional agent might net you a higher price. Plus, agents can offer marketing and negotiation expertise that Opendoor can't.
Buyers:
On the buyer side, working with an agent can give you access to more listings and more personalized service. An agent can take you to see properties that aren't listed on Opendoor or other iBuyer platforms, and they can help you navigate the bidding and negotiation process.
That being said, Opendoor can be a great option for buyers who want to skip the traditional home search and bidding process. Opendoor lists hundreds of homes for sale in markets across the country, and you can easily browse and make an offer online. Plus, with their cash offers and quick closings, you can get into your new home faster than you would with a traditional purchase.
New construction:
When it comes to new construction, both Opendoor and agents can be helpful resources. Agents can help you find new home communities and builders, and they can negotiate on your behalf to get you the best deal. Opendoor, on the other hand, has started buying new construction homes from builders and selling them directly to buyers. This can be a great option for buyers who want a brand-new home without the wait time and hassle of building from scratch.
Regardless of whether you're a buyer or seller, there's no one-size-fits-all answer to the Opendoor vs. agent debate. It all depends on your personal needs, goals, and preferences. That being said, we love working with Opendoor as an iBuyer. But the KEY is to reach out to us before you submit your home to Opendoor. As a team, we can help you evaluate your options and make the best choice for your unique situation.
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