Mark Spain Real Estate provides homeowners an alternative to selling their home on the open market by providing its Guaranteed Offer program, which facilitates a quick and straightforward sale without showings or open houses. Operating across six southern states and recording 8.629 transaction sides totaling $2.8 billion sales volume last year alone, this company remains one of the biggest home buyers in America today. While customers find Mark Spain Real Estate convenient and trustworthy service delivery, some may have concerns regarding its business model and customer service provision.
Consumer reviews give this company a 4.70 star rating across 4,833 reviews, with real estate agents frequently receiving praise for their knowledge and professionalism during real estate sale transactions. Their agents are readily available to answer questions or assist during closing, ensuring all paperwork is correctly filled out before purchasing homes from sellers quickly. Furthermore, local investors quickly buy homes off sellers through this company as well. However, some sellers still complain about the quality of service provided by this firm, including delays with closing dates as well as not receiving full value of their property from it.
Mark Spain Real Estate may take up to 21 days on average to close deals due to their high transactional volume and potential backlog. However, in cases of immediate repairs needing attention they offer speedy purchases to reduce waiting periods as well as team of inspectors that can identify issues quickly in homes purchased through them.
Although HomeSmart provides homeowners with some benefits, they should not use them when looking to sell quickly. Their offers typically range between 50-70% of actual value which falls far short of what cash buyer marketplaces could provide them. Furthermore, HomeSmart charges exorbitant realtor fees that can cost thousands in commission fees alone.
Mark Spain only purchases properties within its service area, thus restricting their customer base. Conversely, iBuyers such as Opendoor offer nationwide solutions and are thus more accessible. iBuyers offer another solution by purchasing homes quickly and without incurring commission fees, as they’re motivated to close deals quickly. They may even pay more than traditional real estate agents because of this added motivation. However, if you want to sell quickly there are plenty of low commission real estate companies available that can match you with an agent at a fraction of the cost of Mark Spain. Furthermore, some may even offer higher prices; you just need to know what to look out for.