There’s a new way to sell your home in Phoenix, but you need to know the facts before getting involved with Open Door.
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There’s a new concept for selling homes here in Phoenix called Open Door. I wanted to take a moment to go over what you need to know about them and what the facts are.
So, what is Open Door?
Open Door is a new real estate firm based in Phoenix. They are sort of the Amazon of the real estate market in terms of ease of selling your home. They send out a postcard that states how much they would pay you for your home if you wanted to sell. If you decide to sell, they buy your home as is and you pick out a closing date.
That sounds simple, right? Well, it is, but it’s also incredibly detrimental to homeowners.
The easy way isn’t always the best way to sell your home.
A client of mine recently received a postcard from Open Door that stated they were willing to purchase her home for anywhere between $242,000 and $285,000. So, she thought it would be an easy way to sell her home for top dollar.
However, if you sell to Open Door, they will make you pay a 6% commission and will almost always offer you the lowest price for your home. That means you are going to pay a large chunk of your money to close a deal that is probably not in your best interests in the first place.
Open Door may seem like an easy way to sell, but you might get tricked into giving away all the equity you have built up in your home. It’s so important that people know the truth about this so-called “easy way of selling.”
So, if you have any further questions about Open Door or any general real estate questions, feel free to give me a call or send me an email. I would be more than happy to help.
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