The Changing Landscape of Real Estate Sales

Posted By Wally Reule @ Jun 27th 2019 6:21pm In: Miscellaneous

Online real estate companies are starting to gain some traction in Arizona. I'm talking about companies like Redfin, Opendoor and Zillow that will offer to buy your home, handle all of the paperwork and charge a low commission. They are growing in larger markets like Phoenix, where we're told that they could get 20% of the market. But at the present time their presence in the Sedona area is negligible. There may be good reasons to use them, but be careful. Perhaps the best reason is to have a quick and relatively sale. But at the end of the day, what matters most to the majority of sellers is the amount of money they put into their pockets when the sale is complete. And that's a function of both sales price and expenses. Do your homework to find out all of the fees and expenses charged by an online buyer, and recognize the value of an agent that understands your community and the real value of your home.

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