There are several options for selling your house. iBuyers work but aren’t local and they won’t listen to you. Agents can work but are costly and require a great deal of time. Local buyers, specifically Big Buck Home Buyers will pay you a great price for your San Antonio property. We are local. We take the time to get to know you and your situation. We’ll walk you step-by-step through the process and working together with us at Big Buck Home Buyers. We make selling your house quick, painless, and easy!
iBuyers are companies that work directly with homeowners and buyers and buy and sell real estate through a technology platform. iBuyers are usually not local and operate on a large scale. Sellers complain that they are not listed to regarding questions and concerns about selling their house to an iBuyer. iBuyers look for properties in good condition requiring little to no repairs all over the country. They will make a low-ball offer to the homeowner if the house requires a lot of repairs, or the property owner will be required to make the repairs before closing. Of course, this is to lower the risk for the iBuyer. iBuyers operate on high volume and less profit per deal. The process of working with an iBuyer is cut and dry. They do not want to stray from their procedures and rely heavily on their algorithms for making decisions. Sellers who work with iBuyers have found them to be impersonal to work with and have often sacrificed on price.
Using a Real Estate Agent
Even though agents can likely get you a higher sales price for your home, they are paid a percentage of the sale price of your house. As a seller you will likely pay around 6% which includes commissions for the buyer and seller. There are also other fees and costs associated with selling through a standard real estate agent. Also, the buyers agent will likely order an inspection of the property which ALWAYS produces a list of things wrong with the property. The seller will then have to pay out of pocket to fix these items before closing or the buyer will try to negotiate a lower price. You can also expect to have your dinner interrupted with a request to show your house and ensure your house is spotless before going to work just in case there is a showing while you’re gone. In the end, a buyer may not even qualify for a loan to purchase the property. This comes after the time required for underwriting, inspections and the time your property has been “tied-up” during which you may have had to pass on other offers.
There are usually no commission or transaction fees with a local house buyer. If there are fees, they are extremely low. A house seller can save thousands of dollars by not listing the house with an agent since there are no commissions to the buyer’s or seller’s agents. Local buyers are usually investors and have aspects of iBuyers and buyers with real estate agents as well. Local buyers tend to make all-cash offers and aim to close quickly but may also want to do an inspection much like when working with an agent. Since they are usually not waiting for financing, a local buyer tends to close quickly. Investors and other buyers often work with several other buyers so if the property doesn’t fit their portfolio then it may work well for one of their partners. The upshot of this is very limited waiting time for an offer. Also, when you sell your house in San Antonio, Texas to house buyers, they will typically close faster than traditional house buyers, and usually pay full in cash.
You can avoid wasting your valuable time and the emotional roller coast by selling your house in San Antonio, Texas to us at Big Buck Home Buyers. Will will stop and listen to your individual needs since the better we can get to know you and your situation the more options we can provide you. Our business is based on this!!