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iBuyers are the newest thing to hit the real estate market. However, it’s important that you are aware of the disadvantages of selling your house in Metro Detroit to an online buyer.
These days, a lot of attention is going toward iBuyers. They’re known for their recognizable brand names and the convenience they promise, which makes it easy to understand why so many people are considering them. But there’s a downside: when you work with an iBuyer, you’re likely to miss out on getting a truly fair price for your home.
At Sell Inherited House Detroit, we offer a different approach. Like an iBuyer, we can help you sell your house quickly—but the difference is, we’re local. We’re not a massive, corporate machine focused only on maximizing profits. Instead, we’re real people and investors based right here in your community, with a true understanding of the local market and a genuine commitment to helping you reach your goals.
For homeowners looking to sell fast and appreciate the ease of a direct sale, working with our team could be the solution you’re looking for.
You Are Just A Number
When you work with an iBuyer, the process isn’t personalized. The iBuyer doesn’t know the neighborhood or the market the way a local home buyer does. They will just throw out a number and move onto the next property. You won’t be able to negotiate or explain what makes your house so great. They rely on what it says about your house on paper and go from there.
When you work with an iBuyer, their focus isn’t on helping you achieve your goals; it’s on purchasing your home for as little as possible so they can turn a profit for their corporation. They’re not there to listen to your needs or support you through the process.
At Sell Inherited House Detroit, we take a different approach. When you work with us, you’re gaining a team that’s genuinely on your side. We take the time to listen to your goals and understand what you need from your sale. Our commitment is to help you reach those goals while making the transition as smooth as possible. Whether you need a quick close, flexibility on the move-out date, or just a straightforward sale, we’re here to provide the support you deserve.
Your Offer Will Likely Be Pretty Low
When you work with an iBuyer, the profits you imagine often don’t quite match up with reality. iBuyers usually make blanket offers that aren’t tailored to your property’s unique features—they simply go for a quick, generalized estimate without considering the finer details. The main appeal of iBuyers is the fast, convenient process they offer. However, their goal is typically to buy your property for as little as possible, allowing them to move quickly but without much room for a fair, personalized offer.
If selling quickly is a priority, but you also want a reasonable offer that reflects the value of your home, working with a local buyer can make a world of difference. With a company like Sell Inherited House Detroit, you’re selling to someone who’s part of your community—someone who’s truly invested in helping you through your specific situation. We’re here to make sure the process is as smooth as possible, offering you not just a fast sale, but also a fair one, and supporting you every step of the way.
It Can Be Expensive
Just like working with a real estate agent, working with an iBuyer can cost you a lot of money. Selling your house to an iBuyer can cost you over 12% of the sale price in fees alone. There are often other hidden fees to contend with as well as cancellation charges. Because you are usually at the mercy of the iBuyer when it comes to scheduling, many homeowners find that they have to rent a place until they are able to close on a new home. This means even more money out the door spent on fees and deposits.
It Can Take Awhile
Working with an iBuyer, much like working with a real estate agent, can come with its own set of hoops to jump through. You might get a quick offer initially, but then come the inspections, appraisals, and, in many cases, requests for repairs. While iBuyers promise speed, they’ll still need time to do their due diligence on the property, which can lead to delays and unexpected hurdles.
When you sell directly to Sell Inherited House Detroit, you can skip all of that hassle. We don’t require inspections, appraisals, or repairs. Instead, we focus on providing a straightforward, hassle-free transaction so you can get a fair offer and collect your cash within days, not weeks or months. Our goal is to make the process as smooth and quick as possible so you can move forward on your terms.
iBuyers Aren’t Buying Everywhere
iBuyers may seem like the latest trend in real estate, but their services are actually more limited than they appear. They often only operate in select cities, and even then, they’re only interested in homes that meet strict criteria. Typically, your property has to be a certain size, in good condition, and free from any major repair or upgrade needs.
Even if your house happens to meet all these criteria, you’ll still face another challenge: the iBuyer’s primary aim is to purchase your property for as low a price as possible. Their streamlined process might sound appealing, but it often comes at the expense of a fair deal for the homeowner.
If you’re looking to sell your house fast in Metro Detroit, working with an iBuyer might seem like a convenient solution. However, there are a few things to keep in mind to make sure you’re making the best choice for your situation. Be sure to take a close look at the numbers to see how the different options stack up. While listing your property on the market might bring in more money, it can take much longer than a direct sale.
An iBuyer has the big name, funds, and ability to attract more attention, which is appealing. But working with a local investor like Sell Inherited House Detroit offers a unique blend of benefits. We provide the same speed and convenience as an iBuyer, while also giving you the personalized attention and understanding of a Metro Detroit real estate agent. This means you get a fast, hassle-free sale without sacrificing the support and dedication of a team that knows and cares about the local community.