Selling a House: Difference between revisions

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=Cash Sellers=
=Cash Sellers=
*Offerpad - get an offer in minutes - [https://sell.offerpad.com/request-offer/0b03a684-b839-4e6c-b6cf-ee8f3f4fd006?utm_source=google&utm_medium=cpc&utm_campaign=LL-Search-Competitors-KansasCity-HIGH&utm_term=opendoor&gad_source=1&gclid=CjwKCAiAlcyuBhBnEiwAOGZ2SwwjmsvASu8gtfn1H5j4zO_eKjrYgxozb7poNr9SGr1kmt44GAjWWxoC3f4QAvD_BwE]
*Offerpad - get an offer in minutes - [https://sell.offerpad.com/request-offer/0b03a684-b839-4e6c-b6cf-ee8f3f4fd006?utm_source=google&utm_medium=cpc&utm_campaign=LL-Search-Competitors-KansasCity-HIGH&utm_term=opendoor&gad_source=1&gclid=CjwKCAiAlcyuBhBnEiwAOGZ2SwwjmsvASu8gtfn1H5j4zO_eKjrYgxozb7poNr9SGr1kmt44GAjWWxoC3f4QAvD_BwE]
=How to Find FMV of a House=
*Do Comps - theoretical
*Actual value - get an iBuyer offer
*Talk to a real estate agent

Revision as of 16:28, 19 February 2024

  • A cash sale is a thing onto itself. For example, you can do 2 weeks sale below market.
    • Cash sale investors offer 50-70% of FMV
    • iBuyers offer up to 90% of FMV
    • Typical 5% fee. 1% of house sales are done via iBuyer (technical term, not referring to a specific company).
    • Some have no fees. See this iBuyer guide PDF from Landmark Home Solutions [1]
  • A house flipper standard is to pay seller as is 70% of after repair value [2]

Cash Sellers

  • Offerpad - get an offer in minutes - [3]

How to Find FMV of a House

  • Do Comps - theoretical
  • Actual value - get an iBuyer offer
  • Talk to a real estate agent