The Trusted Home Buyer Logo602-456-4440

How an iBuyer Compares To A Local Home Buyer in Phoenix

a person smiling for the camera

Martin Boonzaayer

March 6, 2020

iBuyers are a relatively new option when it comes to selling your home. They provide a quick option if you need to sell as soon as possible, but they are not the only option. There are still traditional local home buyers in Phoenix, AZ that are financed and able to purchase your home. How does the iBuyer compare to a local Home Buyer in Phoenix?

iBuyers are companies that buy and sell real estate through technologies. They felt the need to simplify and streamline the real estate transaction process, basically eliminating the real estate licensee. The iBuyers provide a platform to buy directly from homeowners and sell to buyers directly. These companies are looking for properties in very good condition with very minimal or no repairs to make. If the property does need repair, they will often offer less for the house, or require the seller to make the repairs themselves before closing. iBuyers are focused on higher volume and less profit per unit. As of right now, iBuyers are not active in all areas; they tend to focus on very active areas with property values around $250,000.

Selling Your Property Through An iBuyer

As a property owner, you need to know how an iBuyer compares to a local home buyer in Phoenix, [markey_city] when you decide it’s time to sell your property. 

Through an iBuyers platform, property owners can request an offer from the company. The owner fills out information about the property and will disclose any known issues or rece