BEWARE OF INSTANT CASH OFFERS FOR YOUR HOME

Dated: November 2 2022

Views: 86

?BEWARE OF INSTANT CASH OFFERS FOR YOUR HOME
The US Federal Trade Commission recently fined online home buying firm Opendoor $62 million for “cheating” home sellers.
The company was deceiving homeowners by claiming that “they could make more money selling their home to Opendoor than on the open market using the traditional sales process.”
Companies like Opendoor (aka iBuyers or direct buyers) use computer algorithms to offer home sellers quick cash offers. But don’t be fooled by their splashy advertising—these offers are almost always below market value.
According to MarketWatch, transactions involving iBuyers net sellers a whopping 11% less than those conducted by a real estate agent on the open market.
Listing your home with an agent is the proven way to maximize its sale price. Contact us today for a free consultation to find out what your home is really worth.
Blog author image

Kim Mauldin

Texas Real Estate License #634179 Please click on the Resources tab for these forms: Texas Real Estate Commission Information About Brokerage Services Texas Real Estate Commission Consumer Notice ....

Latest Blog Posts

How AI Is Changing the Way San Antonio Buyers Search for Homes

How AI Is Changing the Way San Antonio Buyers Search for HomesIf you’re thinking about buying a home in San Antonio, chances are you’ve already used the internet to start your search.

Read More

5 San Antonio Neighborhoods Buzzing with Charm, Culture, & Growth in 2026

Looking for walkable streets, rich local culture, vibrant coffee spots, and a strong sense of community in San Antonio? Here are 5 neighborhoods generating huge buzz right now.1. Pearl & Tobin

Read More

Planning Your 2026 Real Estate Moves

📅🏡 Planning Your 2026 Real Estate Moves?We just released a full guide to the best buying and selling seasons in San Antonio!Read the blog here ➡️ https://www.buyselllovesanantonio.com

Read More

How to Spot Real Estate Scams ( And Protect Your Investment)

🚨 Don’t get caught in a real estate scam! From fake listings to wire fraud, these schemes are more common than you think.🧠 Stay one step ahead and protect your money — read our

Read More