iBuyers, Agents, and Local Buyers – Understanding The Differences When Selling Your House in Union County, Charlotte, and surrounding areas

iBuyer-Real Estate Agent or Local Buyer?

iBuyers work but aren’t local and won’t listen to you. Agents can work but will cost a lot, Local buyers, specifically We Buy Houses in Union County, will pay you a great price on your Union County, Charlotte or surrounding areas property. We’re your neighbors, we’ll walk you step-by-step through the process and working together with us at We Buy Houses in Union County will make the process quick, painless, and easy!

iBuyers

iBuyers are companies that buy and sell real estate through a technology platform to work directly with homeowners and buyers. In other words, you sell your house to a company that you only “meet” online. These companies aren’t local. They need to do a lot of business to be profitable. Typically, there is no way for them to listen to you when it comes to your questions and concerns. They are looking for properties all over the country. The properties must be in very good condition, with minimal or no repairs needed. If the property does need repair, they will often offer way less for the house, or require you, the seller, to make the repairs before closing, in order to avoid extra risk. iBuyers are focused on high volume and less profit per unit. Working with an iBuyer is a very cut and dry process; they have standard procedures for acquiring properties and are usually not willing to break the mold. That means that they offer only ONE solution and it may not be the best solution for you. Their approach can be impersonal and can cause you to sacrifice on price or flexibility. 

Using a Real Estate Agent 

Agents are paid based on a percentage of the sale price of your house. Sometimes, there are other fees and costs associated with selling through a standard real estate agent. When using a real estate agent, the buyer’s agent will almost always order an inspection of the property. If they find something wrong with the property, they may require you to fix it. You will have to prove that the repairs were made by a licensed contractor and you will be out of pocket before the property closes. Besides, there are frustrating, annoying phone calls asking to set appointments to show your house. It will also be necessary to leave your house (the agents don’t usually want the hone owners to be present during a showing). Your house will need to be spotless every day, just in case there is a showing. Traditional house purchases usually require qualifications from banks, mortgage underwriting time, property inspection and appraisal, and the buyer may not end up qualifying in the end. 

Local Buyers

Local buyers do not charge commission or transaction fees. They even often pay for all the closing costs. That means potentially thousands of dollars in savings! They tend to make all-cash offers with quick closing dates. Most of the time, they buy the house “as-is” and do not require any repairs. The local buyers will tend to close quickly since they are not waiting for financing. Real estate investors and other direct house buyers typically have a network of other house buyers, so if your property doesn’t fit their portfolio, then it may fit one of their colleagues’ portfolios. Either way, this means very limited waiting time for an offer.  Furthermore, they are very flexible. That means that they can make multiple, different offers that fit your needs in terms of closing time and/or financial needs.

 By selling your house in Union County, Charlotte, or surrounding areas to us at We Buy Houses in Union County, you will not have to worry about wasting your valuable time or going through a roller coaster of emotions. As local buyers, we have time to stop and listen to your individual needs.

Selling your house in Union County, Charlotte, and surrouding areas can be simple. Call 704-322-4232 or send us a message today!

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