If you are weighing a cash offer for your home in Plano, Frisco, or Carrollton, start with the full written offer, not just the price or a promised closing date.
An iBuyer, short for "instant buyer," is a home-buying company that uses technology to make cash offers, buys homes directly, and then resells them. Opendoor is one example. Not every cash buyer is an iBuyer.
Selling directly to a company can reduce showings and give you more control over timing. The final price, inspection requirements, service fees, repair deductions, and available closing dates depend on the company and its written offer. A quick sale is not automatically the better financial outcome.
Listing with an agent puts your home on the market for buyers to consider. We look at recent comparable sales, choose a pricing and preparation plan, and compare the offers that come in. It may take longer, and neither a higher price nor a specific closing date is guaranteed.
Compare estimated net proceeds, not just the two headline prices. For a direct company offer, account for service fees, repairs, and closing costs. For a listing, account for negotiated agent compensation, preparation, repairs, closing costs, and any buyer concessions. Include the costs of keeping the home while it is for sale.
These are not mutually exclusive choices: an agent can help you evaluate a company's offer, and a buyer who finds your listed home may also pay cash. The useful comparison is the actual direct offer versus a realistic listing plan for your home.
Send me the written offer and your preferred move date. I can help you compare the terms with nearby closed sales and a realistic listing estimate, so you can decide which trade-offs work for you.