Offer Pad, Open Door and Zillow For Selling a Home
Offer Pad, Open Door and Zillow For Selling a Home
When selling homes with company’s like this you can count on the sales price not truly being the sales price. A lot of time there is a commision paid to them of a sizable amount. As well there is a renegotiation during the inspection period which if accepted usually comes as a renovation credit. Let’s just say the sales price is $100,000, the commision is $7000 and the repair cost renegotiate is $18000 – the actual price the house sells for is $75,000. This is how you can see them sell a house that they paid $100,000 for at $109,000 and not lose money.
To trust a company from a computer buying your house seems like a terrible idea for me. I would much rather find a “we buy houses cash” company in your local market and not have to guess what your true net number is. If you find a company in your local area and they come by and see your property and give you a state certified contract that sounds like the best approach.