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An experienced local agent can give you a better idea of what your home might be worth if sold on the open market. With this, you can compare your cash offer. HomeLight can connect you with a top-performing agent in Scottsdale. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your home quickly
Working with iBuyers
Within the Cash-For-Homes industry, you’ll also encounter a particular group of companies known as instant buyers or iBuyers. These firms offer sellers many of the same conveniences of other house-buying operations, but they also leverage automated valuation models (AVMs), which use algorithms to apply historic and current market data to their estimates.
The technology allows iBuyers to make a near-instant offer on your home and provide a user-friendly, mostly online home sale experience. However, unlike typical We Buy Houses for Cash companies, they generally seek out homes that are in better condition and usually provide cash offers that are closer to market value, typically in the 90% range.
When considering the iBuyer option, it’s important to note that major iBuyer companies like Opendoor and Offerpad typically charge sizable service fees that can range between 5% and 6% of the home’s sale price.
Sellers who may be a good fit to work with an iBuyer in Scottsdale include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.
Listing with an agent
If your home is in a seller-friendly market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
Depending on the property and local market conditions, selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This is a market report that calculates the value of a home based on its size, features, location, age, and similar properties that have recently sold in the area. A CMA can help determine an appropriate listing price and estimate how quickly it might sell.
In addition, an experienced agent who knows your market may even be able to connect you with Arizona cash buyers who are willing to provide you with an offer closer to your home’s market value. Many agents will provide a CMA at no cost, with no obligation to list your home with them. It can be a valuable tool to weigh your options.
If, in the end, you decide to sell to a house-buying company, you can proceed with more confidence knowing that you fully examined your options and made a sound financial decision.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
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