As technology in the real estate business continues to grow, iBuyers begins to develop muscle when buying and selling real estate. Although using iBuyer seems like an easy way to buy or sell your house, there are 5 reasons why a local Antelope, Sacramento, CA agent should beat iBuyer.
Availability in your area
Although there are many iBuyers today, they only offer their services in certain areas.
Whether due to employee availability or limited market knowledge, iBuyer is clearly a scenario where your mileage can vary. Everything, from displaying the list to closing it, is controlled in a closed ecosystem that is tightly arranged and designed so that iBuyer wins above all else.
On the other hand, you are sure that you can find a real estate agent who is ready and can help you almost anywhere.
Without personal touch
A qualified and experienced real estate agent will immediately announce your benefits in how they welcome you and guide you carefully through the process of buying or selling your home. IBuyer tries to do all the tasks required remotely, and many can be lost in situations with limited communication.
It’s possible not only to have direct contact with your agent, but with all buyers or sellers and agents they can go far during negotiations. A knowledgeable real estate professional takes the time to learn your goals and then leads you to the most sustainable and valuable approach to achieving those goals.
iBuyers is growing rapidly in sales
If that personal touch helps you much better in negotiations, iBuyer tries to keep everything in order to keep your sales going.
IBuyer makes or breaks weeks when as much property as possible is moved. For iBuyer, it’s all about quantity, not quality. After you join their service, their goal is to get you to negotiate and make an agreement as soon as possible. For some customers, this can happen at a confusing speed, making them feel like they don’t have time to think about things and depend on the decisions they make. Buyer remorse is the last thing you want to feel after the deal.
It’s about who you know
With iBuyers who serve certain areas, they make connections from time to time. However, this is a limited relationship based on the rapid movement of property, sometimes without considering the needs and goals of their customers.
Real estate agents have long been developing their business, building a good reputation and building important network connections. He knows real estate agents and other specialists in the region and allows brokers to stay in touch and demand better offers for their customers.
Feelings can be a little scary and iBuyers likes to try to hide some of their orders.
Other terms are mainly used to hide what the iBuyer Commission really is. Some websites refer to their commissions as “fees”, “market risks” or even “experience fees”. It all depends on the amount of money you pay to use their services.
Aside from the fact that different terms are used to hide exactly what you are paying, iBuyer commissions average 7-7.5%, whereas real estate agents usually receive 5-6.5% commissions. This amount seems small, but it can make a difference of a thousand dollars when it is closed.
Your local alternative to iBuyer
If you want to work with an experienced local real estate agent and not iBuyer, contact us today at (916) 507-2502 or send us a message!