Selling House Online for Cash

Seller beware, convenience comes at a cost. We write regular reports on homeowner online selling options. While it can be an understandable choice for a seller in the unusual circumstances, typically these large corporate companies offering to purchase your home online will only do so at a significant market discount. Beware, often their initial online offer is much higher than the price they will actually give at the end of the day (can be reduced at their whim prior to closing). It is important to keep in mind that Realtors are state licensed and have a legal obligation to put the homeowner’s interest first, while these corporations do not. Instead these online corporations have an obligation to put their shareholders interest first and generate as much profit as possible.

If you’re thinking of selling your home in the next twelve months, Stephen would love to tour your home. Call today to set an appointment.

Stephen FitzMaurice, Realtor
4% Max. to Sell a Home
Cancel Anytime Policy
Licensed Since 2003

zillow opendoor ibuyer

iBuyer Warning. Read before selling your home to Opendoor, Zillow, etc.

May 29, 2023

Over the past few years, the iBuyer model surged and faded, with companies like Opendoor and Zillow leading the way. iBuyers acted as intermediaries, providing quick purchases for sellers and reselling to buyers or amassing their real estate portfolio and turning those homes into rentals. However, this seemingly ideal solution has faced some recent challenges.  The model thrived when housing prices were rising, allowing for profitable transactions. But when the market started shifting,, iBuyers like Opendoor and Zillow ran into some difficulties. They were accused of driving up prices during the boom and faced a backlash during the new market. While some expected praise for making housing more affordable, that was not the case at all. As a matter of...

5 Options to Sell Your Home Online in 2023

February 3, 2023

According to a 2022 report by the National Association of Realtors, 47% of homebuyers first consulted online listings when beginning their search for a new home. This is an increase from 43% in 2020, and also important to note is the fact that 96% of all buyers used online tools during their search process. While the internet has played a major role in the housing market for many years now, its importance only continues to grow and its role in real estate transactions continues to evolve. This brings us to the increasing presence of iBuyers: online companies that claim to buy your home as-is for cash in a quick and easy sale with rates that are competitive with local realtors....

sell my house fast cash asis

5 Things to Know BEFORE Selling your House Fast, As-is for Cash

March 25, 2022

Updated 04/2023. I get it. Sometimes you simply want to have things done and done now. You don’t want the hassle of a long escrow period. You don’t want to interview or deal with real estate agents. You don’t want people walking through your home. Perhaps your place is a mess and you haven’t the time or resources to fix it up for market. To solve your needs perhaps you’ll search online for people / companies that will make fast cash as-is offers on your home so you can move out and be done with it. Beware. 1. The Initial High $ Price Usually Drops Hard Before Closing To get you hooked many of these companies will offer an initial...

sell your house online

Sell Your House Online – Top 5 Options

February 4, 2022

The 2020 National Association of Realtors report shows that 43% of potential home buyers used the internet as the first step in their search to find a home. And 97% used the internet at some point in their home search. These stats illuminate the importance of having an exceptional online presence when selling your home. iBuyers are companies that buy homes online for cash, they claim to do so quickly and without much hassle. They’ve grown in the past few years and show no signs of disappearing, though they still remain a small part of the overall real estate market. It can be tempting to jump on the iBuyer bandwagon, but before you do, it’s important to know the ins...

4 Reasons Not to Sell a Home Online to an iBuyer

May 31, 2021

If you’ve ever checked out your home on major websites like Redfin or Zillow, chances are you’ve seen a tantalizing number. These sites give you a ballpark of what your home may be worth. And they aren’t alone. For the past few years, iBuyers – online portals that offer cash up front for your home – have been on the rise. And based on their marketing, they want you to get those dollar signs flashing in your eyes. In order to get a snapshot of what iBuyers are advertising, all you need is to perform a basic search. Our first three results – all paid ads – came up as follows: Sell Your House Fast for Cash We Buy Houses...

Should You Sell Your House Online? 5 IBuyer Options

January 20, 2021

There’s no getting around it: the importance of an online presence for buyers is growing. In 2019, 93% of people shopping for a home used an online website in their search. But what about sellers? It’s likely that by now you’ve seen advertisements for companies that will buy your home hassle-free. These “iBuyers” pitch themselves as the easiest way to sell your home fast. Redfin and Zillow have been expanding their home buying programs for years now, with Zillow announcing in 2019 an intention to focus even more attention on Zillow Offers. And more iBuyer startups have joined the game. But how exactly does selling your home online work, and more importantly, what will it cost you? We’ll lay it...