Buying a home can be complicated — especially if you have to sell another property first. Orchard is one of many companies that aims to streamline the process. Orchard was previously known as Perch Real Estate, but has since rebranded while still offering the same key services. Its most popular offering is […]
Redfin Now is an “iBuyer” operated by the popular real estate website Redfin. The “i” in iBuyer stands for either “Internet” or “instant” because iBuyers are online companies that provide a quick cash offer to buy your home. The iBuyer then resells the property for a profit.
iBuyers offer cash payment on a lightning-fast timeline and, unlike the mildly unsavory cash buyers who put up “We Buy Houses for Cash!” signs next to highway off-ramps, present a modern, hi-tech image straight out of Silicon Valley.
However, you’ll likely pay a premium for the convenience that iBuyers offer. In addition to the service fee, you should also be aware that the offers they provide will likely be less than what you can get on the open market.
Offerpad offers homeowners the opportunity to sell their home easily and quickly. In some markets, sellers can close in as few as 10 days, which is an amazingly rapid pace for something as complicated as a home sale. However, Offerpad’s speed can come at a price. Their service fees sometimes run as […]
Opendoor is one of the leading iBuyers in the U.S. Qualified sellers who work with Opendoor can expect a sale that is fast and convenient; in fact, most properties receive a cash offering within 48 hours, and can close in as little as 14 days. The main benefit of using Opendoor instead […]