Orchard Real Estate Services provide an innovative real estate service, providing homeowners with a new way to purchase and sell homes. Operating in select markets, Orchard provides home buyers with a guaranteed offer while the current home is listed for sale, alleviating stress associated with waiting for another house to sell before purchasing their next one. In addition to their guaranteed home sale program, Orchard also provides home prep services as well as concierge service for home sellers and buyers.
Homeowners can work with an Orchard Advisor to determine if they qualify for the Guaranteed Offer program, and once ready they will work with an Orchard agent to list and market their home to potential buyers. According to Orchard’s estimates, most homes sell within 120 days after being listed with them being guaranteed offers between $30,000.669,000 over their current market value.
Orchard’s concierge service helps homeowners make necessary repairs to prepare their home for sale, in addition to offering other helpful services such as painting and cleaning. Orchard claims they use only pre-vetted contractors at competitive rates; however, some customers have complained about poor customer service from agents assigned inexperienced agents; others have also voiced concern that its concierge services may be overpriced.
Orchard programs aim to simplify the homebuying and selling experience. Our fees are comparable with traditional real estate agents, with brokerage fees between 5%-6% of home sale price and program fees between 2.4-7% of sale price; additionally we provide an “equity advance”, which is a loan offered from Orchard paid back with proceeds of sale of property.
Orchard’s buy-before-you-sell program is an ideal solution for homeowners who must move quickly but can’t wait for their home to sell. However, it is important to remember that Orchard only operates in certain markets and cannot be combined with other buy-before-you-sell services or iBuyer companies. If these options don’t meet your needs, working with a real estate agent might be best; they will assist in finding and purchasing homes quickly while also giving advice on preparing them for market and making sure fair offers – helping avoid mistakes that may delay or cost more in future.