Take control of the iBuyer conversation
Your clients may want to sell quickly… YOU can now provide them that option.
Your Clients – Your Options
Selling on the MLS has long been the preferred means by which you get the most for your client. In some cases however, your seller might need to move quicker and they are willing to forego some of the proceeds for a quick sale. But instead of sending them to one of the institutional iBuyers, why not hold their hand through the process and request an offer from an independent cash buyer/investor? Your client will typically net MORE in the end, by keeping you as their agent throughout.
Adjust the numbers
During the property submission process, you can work with your client to submit an offer request that has a high likelihood of being attractive to investors. You can adjust the commissions, both yours and the buyer’s agent commission if necessary to increase the net to seller amount. The buyer’s agent commission will not adjust downward from 3% until your listing agent commission is reduced to 1% or lower. Keep it attractive however, so buyer’s agents are motivated to share broadly with their investors.
Frequently Asked Questions
Does OfferAI buy houses?
No. We provide the platform for agents to post properties for instant offer requests, and the tools for other agents to present them to their cash buyers/investors.
Can I request an offer for my client who’s home is listed on the MLS?
No. If your clients property has been listed on the MLS in the past year, you cannot submit it for an offer request on OfferAI. Most investors are simply are not interested.
What happens if there is an investor interested?
If you have packaged the deal where it is attractive to an investor(s), that investor will reach out to the buyer’s agent, who will contact you, the listing agent, with questions or an offer.
If an investor makes an offer, does my client have to accept it?
No. You and your client are always in the driver’s seat.
How does the closing work?
Once the communication between the listing agent and the buyer’s agent begins, OfferAI is out of the picture. You handle the closings the same way you would in a typical closing.
Can my client choose to close when they want?
Yes. As with any typical on-market listing, this off-market listing will be handled the same way. Your client can close however they want.
What are the fees involved?
Of course, it’s FREE to request an offer on OfferAI. Something you don’t see everyday though, is there is NO CHARGE to use the platform. We don’t collect anything on the transaction! That leaves more room for your commission and for your seller to get the most out of the quick sale.
How does the whole thing work?
To get an overall look at how this works, please watch this video: