iBuyers will buy your house but aren’t local and won’t listen to you. Real Estate Agents can be a good option, but will cost a lot. Local buyers, specifically kcmoHomeBuyer will pay you a great price on your KC Metro property. We’re your neighbors, we live right here in Parkville and Blue Springs. We’ll walk you step-by-step through the process and working together with us at kcmoHomeBuyer will make the process quick, painless, and easy!
iBuyers
iBuyers are companies that buy and sell real estate through a technology platform to work directly with homeowners and buyers. These companies aren’t local and do business on a large scale basis and sellers often find that they aren’t being listened to when it comes to their individual questions and concerns. They are looking for properties all over the country in very good condition with minimal or no repairs needed. If the property does need repair, they will often offer way less for the house, or require the seller to make the repairs before closing, to avoid extra risk. iBuyers are focused on high volume and less profit per unit. Working with an iBuyer is a very cut-and-dry process; they have standard procedures for acquiring properties and are usually not willing to break the mold. Their approach can be impersonal and can cause you to sacrifice on price.
Using a Real Estate Agent
Agents are paid based on a percentage of the sale price of your house, there are often other fees and costs associated with selling through a standard real estate agent. When using a real estate agent, the buyer’s agent will almost always advise their buyer to order an inspection of the property. If they find something wrong with the property or the structure, they may require you to fix it out of pocket before the property closes. There are frustrating, middle-of-dinner phone calls asking if you are available to show your house. It will also be necessary to leave your house spotless every day before heading to work, just in case there is a showing while you’re gone. Traditional house purchases usually require qualifications from banks, mortgage underwriting time, and property inspection and the buyer may not end up qualifying in the end.
Right now with the shortage of inventory, if you have a home that is in really good condition and you have some time to devote to selling, hiring a real estate agent may pay for itself. We are Realtors and when we sell properties we own, we usually list them.
Local Buyers
Local buyers typically do not charge commission or transaction fees, and if they do, it is extremely low in comparison. By avoiding a real estate agent, there will be no commissions paid to a buyer’s or seller’s agent. That means potentially thousands of dollars in savings! Local buyers who do not use real estate agents are usually investors. Working with these buyers will have aspects of iBuyers in that they act fast and don’t overly care about how clean or dirty your home might be. Unlike the ibuyer, the local cash buyer doesn’t mind major repairs. They tend to make all-cash offers with quick acceptance time frames but have inspection tendencies like local buyers who work with real estate agents. They will most likely hire an inspector and request a price reduction for repairs needed. Some investors may need some time to inspect the property or to secure financing. The local buyers will tend to close quickly since they are not waiting for financing. Real estate investors and other direct house buyers typically have a network of other house buyers, so if your property doesn’t fit their portfolio, then it may fit one of their colleagues’ portfolios. Either way, this means very limited waiting time for an offer. Also, when you sell your house in to house buyers, they will typically close faster than traditional house buyers and usually pay in full with cash.
kcmoHomeBuyer
As local cash home buyers are not all the same, we wanted to let you know how we work. Once you submit your property to us over the phone or through our website, we call to get to know you and your situation to see if we will be a good fit. If we are, we schedule a time to come view your house, if we are not, we might offer other solutions and resources. Once we view your house, we will typically want to go back to the office and crunch our numbers to make sure we are giving you the best offer we can. We don’t typically do inspections unless of course you have structural issues and sometimes in older homes we might want to scope out the sewer lines and inspect the chimney liners. These are all hidden repairs that can cost tens of thousands of dollars. Once we make you an offer, you can accept it, you can counter it and we will see if we can meet your counter, and overall we work to negotiate to an agreeable price for both of us. Once we have an agreement we send it to the title company and we close on the day of your choosing. We get your house and you get your money, the only time we have seen delays is when there are unforeseen issues that come up on the property title that need to be resolved. We work with you to get them resolved.
By selling your house to us at kcmoHomeBuyer, you will not have to worry about wasting your valuable time or going through a roller coaster of emotions. As local buyers, we have time to stop and listen to your individual needs.
Selling your house in Kansas City can be simple. Send us a message today!
