Selling a house
Local cash buyer vs. iBuyer
An iBuyer is a company that makes algorithm-driven offers, usually on newer homes in good condition. A local cash buyer walks the house and often takes on properties that need work.
Side by side
| Local cash buyer | iBuyer | |
|---|---|---|
| Offer based on | A person walking the house | Mostly data and a model, then an inspection |
| Condition | Often any condition | Often limited to homes in good condition |
| Who you talk to | The buyer | A company process |
| Repairs | Usually left to the buyer | May be deducted after inspection |
General comparison. Details vary by company and contract. Not legal or financial advice.
Get the final net number from either one in writing, after any repair credits and fees.
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