Atlanta Considered a ‘Battleground’ For New High Tech iBuyer Investors

Do you know what an iBuyer is?

Companies like OpenDoor, Offererpad and Knock are deep-pocketed real estate investment startups that use technology to make quick offers on homes, buy properties in days and quickly resell them.

These companies use automated valuation tools to make “blind” offers and charge fees upwards of 9-14 percent. Many reviews of these services indicate that home sellers are often required to make extensive repairs and that the customer service and communication can be extremely spotty and stressful.

With an investment as important as your home and your goal to maximize your sales price, we say, “iBuyer Beware.” Often, something that sounds too good to be, quite frankly, is too good to be true.

At Lemoine Team, we think knowledge of the market, understanding how to maximize the sales price of a home and strong communication help home sellers feel confident they are making strong decisions. We don’t think an “app” can replace that peace of mind and the knowledge and experience that comes from a true local real estate expert. If you have questions about “iBuyers,” please contact us and we’d be happy to explain this new real estate trend in more detail. Also, we invite you to search our website at http://www.LemoineTeam.com for all MLS listings in the North Atlanta area.

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Todd Lemoine does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Todd Lemoine will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein. Equal Housing Opportunity.