Selling a House
From Open Source Ecology
- 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
