Real Estate Instant Offer: How Does It Work?

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If you choose to sell your home through a traditional listing, it’s usually going to take upwards of two months for you to find a buyer for it.

You might be able to go through the house sale process a little bit faster than that if you own a home in a red-hot real estate market. But generally speaking, you are going to have to be patient when selling a home in the traditional way.

You can, however, sell a home a whole lot faster than usual by obtaining an instant offer for your house. This is a great option to have if you’re in a huge hurry to sell your home.

Learn more about what an instant offer is and how it works below.

What Is an Instant Offer?

An instant offer in the real estate industry is pretty much exactly what it sounds like. It’s an offer that someone makes to you for your home on the spot.

You aren’t necessarily going to be able to sell your house in a matter of just a day or two after receiving an instant offer. But you will be able to do it dramatically quicker than you would be able to if you were to take the traditional approach to selling a house.

How Does an Instant Offer Work?

If you’re intrigued by the idea of getting an instant offer for your home, you should find out how the home buying and selling process will work when you ask for one first. Here is how the process will play out:

  • You reach out to an instant buyer—also known as an iBuyer in the real estate industry—and ask for an instant offer
  • An iBuyer asks you some basic questions about your home
  • An iBuyer provides you with an instant offer for your house based on your answers to their questions
  • You decide whether you want to accept or reject the instant offer that you receive

There are some iBuyers that will then ask to perform an inspection on your home if you accept their offer. There are others that won’t require you to undergo a home inspection before closing on your house.

Either way, you’ll appreciate how quickly you can sell a home by getting your hands on an instant offer for it.

Is an Instant Offer Right for You?

An instant offer isn’t going to be the best option for everyone. If you own an updated home in an up-and-coming area, you might want to try listing your home in the traditional way before thinking about going with an instant offer.

But if you have a home that needs some work and you’re in a rush to sell it for one reason or another, getting an instant offer might be in your best interest. You should visit https://sellwithstroud.com/ to discover more about how easy it is to get an instant offer today.

Consider Getting an Instant Offer When Selling a Home

Now that you have a better understanding as to what a real estate instant offer is and how one works, you should kick around the idea of obtaining one today. It might help you sell your home fast without any of the usual hassles.

Get more tips on the home buying and home selling processes by browsing through the other articles posted on our blog.