If you’re thinking about selling to an iBuyer, you may want to reconsider. On the surface, it would appear they could save the average seller a considerable amount of time but the conveniences that iBuyers seem to offer may be outweighed by the negatives lurking below the surface. iBuyer companies work on a broad scale. With that said, often times many sellers find it difficult to get their questions and concerns about the process answered because the company just doesn’t care. Cash home buyers near me are a part of the community, they are dedicated to helping the people of Knoxville and the surrounding counties. Professional buyers like East Tennessee Home Buyers LLC take the time to listen because our focus is helping individuals, Here are just five reasons why it is better to work with a professional home buyer in Knoxville vs. an iBuyer.
Offers
One thing to remember is iBuyers aren’t local. With little to no direct knowledge of the Knoxville market means a much lower offer than what a professional buyer would pay for your home. The iBuyers method of buying houses appears to offer a streamlined and rapid sale but there’s a catch, you’re going to be responsible for such items as paying closing costs. iBuyer’s hidden fees and high commissions can eat away a significant portion of your profit! With East Tennessee cash home buyers there’s never any commissions, hidden fees or closing cost because the price we agree on is net to you!
Professional buyers like East Tennessee Home Buyers LLC offer fair prices, taking the time to fully explain our process. Professional buyers like East TN home buyers doesn’t charge sellers other costs to sell your home. Because the offer when you sign the sales agreement will be the actual amount you’ll receive at closing, it is more beneficial to work with a professional home buyer in Knoxville vs. an iBuyer. East Tennessee Home Buyers LLC helps sellers meet their specific needs, with both their immediate and future goals as our top priority.
Repairs
Nobody likes contingencies but that may be the case if you try to sell with iBuyers. Adding contingencies and making the seller responsible for any repairs could very well be a deal killer! Don’t be pressured into accepting an offer from iBuyers before they reveal the costs that could lower your bottom line significantly. iBuyers devised this system to shift the burden to the seller & avoid taking on the costs of these repairs. Again, the responsibility now falls on the seller over how you’ll come up with any additional funds needed before closing.
Locally owned companies like East Tennessee Home Buyers LLC & we buy houses Knoxville will purchase your home as-is, making it preferable to work with a professional home buyer who knows Knoxville and the surrounding area’s. 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.
Holding Costs
It should be clear by now that iBuyers only motivation is profit. They’re removed from any sense of responsibility for any problems that may arise during the entire process or how much time passes, 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.
Professional home buying companies such as we buy houses Knoxville usually close within 30 days or less. Depending on the circumstances under which you’ve decided to sell your property, your resources may be dwindling fast. At East Tennessee Home Buyers LLC, our quick process means you can leave all of your worries behind, making it better to work with a professional home buyer in Knoxville 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 East Tennessee Home Buyers LLC. Our goal at East Tennessee Home Buyers LLC is to help you solve your problems, which is the best reason to work with a professional home buyer in Knoxville vs. an iBuyer. Find out for yourself by sending us a message or calling East Tennessee Home Buyers LLC at (865) 935-8680 today!