Will a Buy & Hold iBuyer offer close to list price?
YES. Typically, Buy & Hold iBuyers will offer 90 to 95% of fair market value. This is generally speaking as each iBuyer will have different investment goals. Offer prices may vary and will also depend on the degree of cosmetic updating (i.e., paint & carpet) the property needs.
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Will a Fix & Flip iBuyer pay close to fair market value?
No. Typically an iBuyer whose intention is to purchase the property, does a complete rehab and resell (Fix & Flip) will use a valuation model of 70 to 80% of After Repair Value (ARV) to base their offer price. Keep in mind that generally this type ...
What is a Buy Box?
The Buy Box is a list of criteria that a property must meet to qualify for purchase. These criteria can include broad basics like location, property size. Our ExpressOffers platform has validation matching, once you submit your property our matching ...
Louisiana ExpressOffers Procedures
When you do a listing presentation with a seller and believe the house might be a prospect for an iBuyer, you will complete a normal listing agreement with the seller along with all documents required. You will then write an addendum to the listing ...
I received a notification saying that I got an ExpressOffers appointment!! Now what?
Congratulations on receiving a listing appointment from our ISA (Inside Sales Associate)! You are receiving this appointment because a consumer filled out the form on the expressoffers.com website and wants a cash offer. Time to prepare for the ...
What if I get a counter offer?
Our iBuyers will have the option upon joining the marketplace to decide if they would like to consider counter offers. If they choose to entertain counter offers, you will see a Counter button next to the Accept or Reject buttons in your Offers ...