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Updated about 1 year ago on . Most recent reply

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Sean Kirk
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Opinions / Advice on Brokerages That Provide Access to Instant Buyers?

Sean Kirk
Posted

Any agents work at a brokerage that offers you access to instant buyers like eXp Express Offers, etc? Does this type of perk actually help get more listings or closings? 

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

Every agent should have this option available to sellers. You should have a list of cash buyers that will buy or bid on every house you go to list. Option A, we list at this price, Option B, if you want to sell at a discount today I have a list of cash buyers that will pay 60% of that price, Option C, if you will leave the existing financing in place and sell it Sub2, then some of those cash buyers will pay 70% of Option A, or some variation of that.

I guess it depends on what city your are in.  Shouldn't be an issue in most big cities having a list of cash buyers that are just dreaming you will bring them a 70%-repair deals.  Smaller cities might be tougher to have that big list or the discounts are bigger, but there seems to be buyers/cash buyers in 80-85% of cities I would guess.

Not sure it helps you get more listings, but might help you get more closings.  There is some % of people who will sell at any price, maybe to get in a new home, maybe to sell a probate home, or get out of some kind of distress.

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