What Should I Know About Zillow Offerpad And Open Door

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We have heard tons of chatter about 3 new companies that are making a place for themselves in the real estate market: Zillow Instant Offers, Offer Pad, and Open Door. These 3 models offer different benefits and at a substantially higher cost. These 3 companies have come about with 1 main benefit to a home owner - convenience. We as Realtors see a different story.... They offer convenience but at a substantially higher cost. Zillow includes a 9% service fee and Open Door includes fees that can be as high as 14-24% when you add it all up. Let's not forget about the offer they are making below market value. You can be out when you like but this is also a negotiation piece in our local market here in the Phoenix area. Since the majority of homes right now fall within a Seller's market, let's not forget that you have the power to choose when you close as well.

If you are considering one of these companies selling convenience to you at a high cost, think about the lost equity by choosing to hand over that equity to one of these companies. When you list with a professional Realtor who understands the local market conditions and has your goals and your net at the forefront of their mind, your results will far exceed walking away with 14-24% below List Price! Remember - it is all about your bottom line. Don't let a fast talking company selling convenience in through your door at a price that eats into YOUR MONEY! Wouldn't it be worth $30,000 to you to put up with the "inconvenience" of having buyers come through your home and offering fair market value and then making a couple negotiated repairs to ensure you get that extra $30,000? This seems like a no-brainer to me! Don't fall victim to a company like Open Door! Choose a professional on your side to ensure your investment!!!

Call Chelsea Anderson at (602) 748-6136 to learn the true value and figure out your walk-away net when you list with Your Red Door Team! Don't give up your money so easily!

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