Home Sales Go High-Tech
Corporate buyers will sell your home in a hurry, and you don’t need to lift a finger.
Selling a home is a hassle. Smart sellers spend time and money to clean, repaint and stage it, and the final sale price and date are uncertain. But a growing number of companies are offering a high-tech and more sophisticated version of “ugly home” flippers. They could make selling your home easier, faster and more predictable—for a price.
Opendoor, which operates in 19 cities, and Offerpad, in 13 cities, are the leading so-called iBuyers. Redfin Now and Zillow Offers launched in 2018. Coldwell Banker, ERA and Keller Williams are testing programs, too. Convenience comes at a cost: iBuyers charge a service fee of 6% to 13% of the price. That’s higher than the 4% to 6% commission for a traditional real estate agent, but sellers don’t have to pay carrying costs and the expense of fixing up the home for sale. If you’re interested, go to one of the iBuyers and provide your address and other information about your property. If your home meets the iBuyer’s criteria, it will provide a free, no-obligation purchase offer and make a home visit. If you accept the iBuyer’s offer, you can close for cash within as little as a week.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
Dow, S&P 500 Rise to New Closing Highs: Stock Market TodayWill President Donald Trump match his Monroe Doctrine gambit with a new Marshall Plan for Venezuela?
-
States That Tax Social Security Benefits in 2026Retirement Tax Not all retirees who live in states that tax Social Security benefits have to pay state income taxes. Will your benefits be taxed?
-
QUIZ: What Type Of Retirement Spender Are You?Quiz What is your retirement spending style? Find out with this quick quiz.
-
9 Types of Insurance You Probably Don't NeedFinancial Planning If you're paying for these types of insurance, you may be wasting your money. Here's what you need to know.
-
Amazon Resale: Where Amazon Prime Returns Become Your Online BargainsFeature Amazon Resale products may have some imperfections, but that often leads to wildly discounted prices.
-
Roth IRA Contribution Limits for 2026Roth IRAs Roth IRAs allow you to save for retirement with after-tax dollars while you're working, and then withdraw those contributions and earnings tax-free when you retire. Here's a look at 2026 limits and income-based phaseouts.
-
How to Search For Foreclosures Near You: Best Websites for ListingsMaking Your Money Last Searching for a foreclosed home? These top-rated foreclosure websites — including free, paid and government options — can help you find listings near you.
-
Luxury Home Prices Rise as the Rich Dodge High Mortgage RatesLuxury home prices rose 9% to the highest third-quarter level on record, Redfin reports, growing nearly three times faster than non-luxury prices.
-
Four Tips for Renting Out Your Home on Airbnbreal estate Here's what you should know before listing your home on Airbnb.
-
Five Ways to a Cheap Last-Minute VacationTravel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
-
How Much Life Insurance Do You Need?insurance When assessing how much life insurance you need, take a systematic approach instead of relying on rules of thumb.
