Traditional Real Estate Brokerage is an ideal way to maximize the sales price of a home. The process is typically chosen by sellers who want a professional to guide them on every step of the real estate sales process, skillfully market their property, and provide guidance and representation during the closing process. This method typically results in the highest net sales price of regularly chosen real estate sales methods. It typically works best for sellers who have flexibility on when they sell their property and are willing to go through the process of preparing a home for sale and making their home available for property showings.
A Sealed Bid Sale is a marketing method where a property is publicly marketed with a deadline for all offers. Unlike an auction, the buyers in a Sealed Bid Sale do not know how much other buyers are willing to pay for the property when they submit their offer. This process is typically chosen by sellers who want a professional to market their property and represent them in the sale, want to receive as much money as possible for the property, but have urgency to sell. Sellers in a special situation such as an estate sale, financial distress, urgent relocation, or serious illness often find this method appealing. In a Sealed Bid Sale, the seller is not expected to prepare a property for sale or make repairs. By forcing buyers to present their best offer by a specific deadline, the sales method is effective at identifying the current number of prospective buyers interested in a property and the actual prices they are willing to pay. Preferred Properties offers Sealed Bid Sales on a non-binding basis for sellers, which means that if a seller is not satisfied with the offers they receive, they are not obligated to accept an offer and enter a sales agreement.
iBuyers (instant buyers) and other real estate investors are actively seeking to buy homes. Selling a home to an investor is an ideal method for sellers who are more concerned about time and convenience than price. If a seller needs certainty and a quick sale, iBuyers and investors can be an ideal way to sell. The terms offered by an investor, such as: no sales preparation, no repairs, no real estate commissions, no closing costs, no showings, no financing contingency, a closing date that meets the sellers needs, etc. can sound very appealing. There is no free lunch however. The flexible terms often come at the seller’s expense with a reduced selling price since the seller is transferring those risks and expenses to the buyer. iBuyers and other real estate investors are in business to make as much profit as possible by reselling the properties they buy. If time and ease are more important to you than price, please ask us for an introduction to investors who have the resources to pay cash and close quickly in a fair and honest manner.
List your property for sale in the Multiple Listings Service (MLS) for a low, flat fee. For sellers who simply want their property listed in the MLS and on real estate websites such as realtor.com and zillow, we offer a low cost listing service. Brokerage Representation is not provided. This service allows sellers to save on brokerage costs by selling their property on their own while having it listed in the MLS..
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