I’ve been getting a lot of questions about the Company Open Door and Offer Pad. These companies offer to buy homes for cash vs. you putting your house on the open market.This can sometimes be a good option if you need to sell quick… However, you should know these 3 details about them.
1- Their fees range from are 6-17%
2- They typically will ask for more money during inspections.
3- Once you sell your house… it will typically hit the open market in 1-3 weeks for 10-30% more than what you sold it for.
Hope this insight is helpful. Let me know if you have any questions on how this process works.
