Home sellers have several choices when it comes to selling their properties. Traditional brokerage firms sell properties on the open market while companies like Mark Spain and Opendoor purchase homes directly from homeowners, providing different services with pros and cons of each option for home sellers to consider. This article takes a closer look at these various strategies in order to help homeowners decide which option is the right choice for them.
Mark Spain Real Estate was established in 2016 as a real estate brokerage that offers various home selling services. They are best known for their Guaranteed Offer program, which helps homeowners sell their homes fast and hassle free by making an all-cash offer based on an appraisal. Mark Spain Real Estate currently operates across seven states across the southeastern United States.
Mark Spain will assign you an agent who will conduct a market analysis of your home before advertising it on the open market. They have many marketing resources such as digital ads and virtual tours available that may help attract prospective buyers; however, some homeowners have complained that Mark Spain agents failed to fulfill promises made in their contracts; it is essential when choosing one to read reviews carefully in order to identify which agent has the highest customer satisfaction ratings.
Customers of the Mark Spain Guaranteed Offer program have reported various issues, such as low-ball offers and miscommunication. Some homeowners also say their assigned agents pressurized them into accepting an undesirable deal; Kathi V from Alpharetta, Georgia claims her assigned agent tried convincing her to sell her house to an investor for less than its true value.
Other homeowners have reported that the process for receiving a Guaranteed Offer is lengthy and confusing, even though the company claims it typically takes up to 30 days. Unfortunately, however, some have experienced delays and others were unable to receive what was promised as money back from Guaranteed Offer.
Homeowners looking for a quick way to sell their home quickly also have another option available to them in iBuyer services such as Opendoor. These companies purchase homes directly from homeowners and sell them on the open market; though iBuyers have become very popular among many homeowners who wish to sell quickly, traditional brokerage firms still tend to hold more authority.
Customers of these companies have reported numerous issues with these firms, such as slow and unreliable communication, inaccurate pricing and low-ball offers. Some iBuyers have even been accused of discrimination based on race or ethnicity – leading to lawsuits against them and consumers should use caution before using these services. It would be wiser for buyers to opt for traditional real estate brokers instead; ask friends for recommendations and conduct interviews before selecting your broker(s). For assistance UpNest can connect you with top performing Realtors in your area