If you are considering selling your house to an iBuyer like Zillow or Opendoor, the conveniences that iBuyers seem to offer may be far outweighed by the negatives lurking below the surface. iBuyers work on a large scale basis and sellers often find that questions and concerns go unanswered because the company just doesn’t care. A local professional home buyer is part of the community and dedicated to helping the people of Kansas City. Professional buyers like Phenomenal Properties KC take the time to listen because our focus is helping individuals. Here are a few reasons why it is better to work with a professional home buyer in Kansas City than an iBuyer.
iBuyers aren’t local companies, so they are not familiar with the local market like a professional home buyer is. Additionally, iBuyers use a streamlined pricing method that result in a conservatively low offer price. On top of that many of the fees you’re responsible for are well hidden, such as paying closing costs. iBuyer’s low offers, hidden fees and high commissions can all eat away at your bottom line.
Professional buyers like Phenomenal Properties KC offer fair prices, taking the time to fully explain our process. We are buying your house for ourselves, so why the heck would we charge you for that? The offer that you sign with us will be the actual amount you’ll receive at closing. Phenomenal Properties KC helps sellers meet their specific needs, with both their immediate and future goals as our top priority.
iBuyers may add a contingency making the seller responsible for repairs they deem necessary. Often iBuyers require sellers to accept the offer prior to revealing the costs that could be involved which often lowers the actual offer significantly. iBuyers devised this system to avoid taking on the costs of these repairs, lacking any concern over how you’ll come up with these extra funds before closing.
Professional buyers like Phenomenal Properties KC will purchase the house as-is, making it preferable to work with a professional home buyer in Kansas City vs. an iBuyer. With our experience we understand all the risks involved in buying a home as-is. We also understand the relief this can offer to an already strained homeowner. With no repairs needed, you can avoid paying for expensive repairs before you ever realize a penny of profit.
iBuyers motivation is solely profit. They have removed any sense of responsibility for the problems you may face or how much time passes, and they can just move on to the next unwitting seller. While initially dangling the carrot of extremely quick closings, it is quite possible the very contract sellers sign is laced with contingencies, requiring repairs which the iBuyer is fully aware will lead to delays in closing. For those forced to relocate prior to closing, holding two properties means double the bills, in addition to covering the repair bills, until the terms of your contract are satisfied.
We Buy Houses companies usually close within 30 days or less, and sometimes in as little as 14 days if you are serious. Depending on the circumstances under which you’ve decided to sell your property, your resources may be dwindling fast. At Phenomenal Properties KC, our quick process means you can leave all of your worries behind, making it better to work with a professional home buyer in Kansas City vs. an iBuyer.
You’ll thank yourself in the long run for taking the time to understand the huge difference between iBuyers and professional buyers like Phenomenal Properties KC. Our goal at Phenomenal Properties KC is to help you solve your problems, which is the best reason to work with a professional home buyer in Kansas City vs. an iBuyer. Find out for yourself by sending us a message or calling Phenomenal Properties KC at 913-912-6262 today!