Risks to selling your house fast
Selling a house quickly has risks involved. With a proper understanding of what to look out for, we can help you reduce these risks.
- Overpricing your house. There’s a fine line between what you want and what people are willing to pay for your house. It may have the opposite effect if you price your house higher than it should be and still expect to sell fast. To avoid overpricing your house, our team uses recent market data and comps in the area. Those will inform us of a price range that may attract more offers if it is closer to market value pricing.
- Undervaluing your house. Beware: scammers and dishonest people exist in real estate. It may seem tempting to take the first offer you see if you need cash, but there’s a chance that you could be getting low-balled. Sundae’s marketplace on the other hand incentivizes investors to put their best offer first if they want to get it accepted. Plus, there’s no obligation to say yes if you don’t like the offer.
- Marketing your house to the wrong audience. If you focus your efforts on attracting mainstream homebuyers, you will find that they prefer turnkey options. When selling a distressed house, it’s important to target investors who buy houses for cash and other groups that have the means to fix up your property. Sundae’s database of over 20,000 investors want houses like yours in as-is condition.
Compare multiple offers for your house on your timeline
On Sundae’s marketplace, you have the chance to attract multiple offers. Though this isn’t a guarantee, our latest data shows that homeowners average 22 offers when selling with Sundae. The reason is simple: a marketplace format generates competition from our pool of over 20,000 investors.
Since investors are competing with one another for your business, they’re incentivized to put their best offer first. It may even help you get more than you asked for in the first place.
|Service fees (8%)||-$32,800||×|
|Repair costs (3%)||-$12,300||×|
|Closing costs (1%)||-$4,100||×|
This material is for informational purposes only and has been prepared without regard to your individual circumstances. This data may not be representative of all transactions on Sundae’s Marketplace, as some buyers may submit offers which include different terms than specified above. The iBuyer fees set forth above are based on publicly available data. Not all iBuyers operate in the same way, some houses may need more or less repairs, and thus iBuyer fees may vary. Let your Market Expert know if you have an offer from an iBuyer.
What our customers are saying
“Took the burden of selling off us”
One of the benefits of Sundae was that they took much of the burden of selling the house off of us. Sundae sold our house in under a month. We appreciated that Sundae represented our interest.
“Thought of preparing to get the house ready was overwhelming”
We’d been thinking about selling the house for quite some time but just the thought of preparing to get the house ready for sale was overwhelming. When Sundae proposed their as-is program, that made a lot of sense for us.
“There was a lot of stuff that needed to be done”
My sister and I shared responsibilities in taking care of my mom. She had passed away so we didn’t want a whole, long drawn out situation. We already knew none of us had the money or the time to put into the house because there was a lot of stuff that needed to be done.
“My life has changed remarkably since selling with Sundae.”
My life has changed remarkably since selling with Sundae. Not having the weight of the uncompleted home hanging over my head is really a game changer.
“I couldn’t recommend you enough!”
I’ve recommended you to several people, two of whom are actually going to use Sundae to sell their homes, plus I already have a friend who is about to close. I couldn’t recommend you enough!
“I was somewhat baffled at how easy it was.”
It was the smoothest transaction I’ve ever done, and I’ve done about 5 houses in my lifetime. I was somewhat baffled at how easy it was. I was waiting for more paperwork, but none ever came. Everything was extremely simple and easy.
“This company is legit.”
This company is legit... the process was smooth, straightforward and painless. Sundae definitely treated me more than fair and I recommend them to anyone trying to sell their place with no renovations and showings!
“Things turned out great.”
Well, at first I didn’t believe it, but that’s the way it turned out. I had him explain that to me, because I thought ‘how could somebody bid on a property and not physically inspect it themselves before making an offer?’ but it worked out great…Three of the offers I received were, in my opinion, absurdly high. But, I went with one of them and things turned out great.
“Was really cool to see a pool of buyers bid on my home.”
I really liked that you guys put the house out to your network of investors. It was really cool to see a pool of buyers bid on my home, I thought that was amazing. Having the ability to see all of the offers from investors on your marketplace made this a truly unique selling experience for me.
When you should turn to Sundae
Sundae helps you sell your house off-market for the highest price, without any work, in any condition. We specialize in selling houses as-is. We’ve helped sellers in situations like these and more.
Property is dated or in need of repairs
Downsizing or relocation due to retirement
Structural issues, unpermitted work, or condemned houses
Inheriting a property you can’t keep
Financial distress such as medical bills or foreclosure
Sudden or unexpected life events
Vacant or problematic rental house
Damage from natural disasters