It’s common that an iBuyer purchases a home without ever stepping foot in the home to inspect its interior.
For the homeowners, this means they don’t have to clean, prep, stage or make repairs to the home in advance of selling their home.
Another benefit is timing and convenience.
An iBuyer will typically be more flexible coordinating the timing of a closing of their home – for the homeowner, this means they’ll have more control over when they move into their new home, when to schedule their move and manage all the other schedules(work, school, vacations, etc.).
Another big advantage of Express Offers™ is the speed to close. It is typically far quicker than selling a home in other traditional ways.
Since an Express Offer™ with Banyan Bridge Group is an all-cash offer, the IBuyer and the current homeowner don’t have to wait for a buyer to get a loan approved.
In an Express Offer™, the home sale is made on an “as-is” basis. The homeowner doesn’t have to make any improvements or complete any repairs to the home before the sale is completed.
Many homeowners find selling to an iBuyer and using the Express Offer™ program helps them minimize risks of uncertainty due to volatility in interest rates and the up and down real estate market.
It’s also a homeowner’s experience that when an iBuyer purchases their home, it’s less of a gut wrenching, emotional process. Deals are less likely to fall through, financing is not part of the process and there is less “friction” in the process that adds to the uncertainty and emotional rollercoaster ride common with the traditional home selling process.