iBuyer vs Realtor sale - net proceeds

[Bob Foglia]

I will be moving shortly and need to make a decision. I have a 3/2 in Phoenix, AZ, with a pool, RV parking, and an attached shop addition that could easily be converted to an ADU. In the $450k to $500k range.

I have too much equity in it, and have decided to sell.

Question:

I’m getting conflicting information.

The house is in good shape, and is paid off, so I’m not looking for a quick sale through a flipper/wholesaler.

But, I am potentially looking for other options, outside the conventional MLS with a realtor, if it makes senses financially. I know this isn't currently the greatest market.

If I sell the conventional route, between concessions, cosmetic repairs, closing costs and realtor’s commissions, I’d be lucky to walk away with what??? Maybe 90-92% of the sale price? After sitting for a bit.

This is where I’m getting conflicting information. If I go the iBuyer route, I’m being told by some I would get substantially less, but others are saying I would actually net close to that amount.

What has been your experience? Which buyers are good to work with and make a decent offer? 

Thanks!