Hausbid VS. Traditional
Considering selling your home through Hausbid? In any big decision, it is important to educate self on all options available. To assist you in weighing the pros and cons, we’ve pulled together the following Housbid vs. Traditional Home Sale.
Hausbidvs. | Traditional Home Sale |
You Pick Your Sale Day. Online Bidding format is open on agreed upon day per your listing agreement. |
Your Property Sells When a Buyer Decides to Buy. Properties stay on the market for almost a year or more on average in today’s economy, without guarantee of an offer at all. |
We Provide Sales Strategies to Best Suit Your Needs. Are you aggressive, moderately aggressive or risk averse? You select the best sales strategy to suit your style. |
It is a One-Size-Fits-All Approach to Your Sale. It’s selling your property the way it’s always been done. Your Agent will list your property in MLS, tell other agents about it, put an ad in the local home sales classified and wait for potential buyers to call. |
Reduces Costs Related to Paying For the Home You Want to Sell. Selling your property within 60 days reduces continued costs of mortgage payments and property maintenance.
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Cost of Waiting to Sell Can be Substantial. Mortgage, insurance and maintenance costs can mount while waiting for the right buyer and during elongated listing, escrow, and closing periods (see cost of waiting calculator on home page). |
Buyers Compete to Own Your Property. Competition forces buyers to bid their highest and best offer. |
Buyers Make Offers Without Incentive to “Out-Bid” Other Buyers. Lack of competition doesn’t encourage buyers to present their highest and best offer. |
We Attract the Largest Possible Pool of Buyers. Our proven strategy with the added convenience of real time online bidding opens your auction to the largest possible buyer pool and heightens the competition. |
One Buyer Submits a Stand-Alone Offer to Your Agent. It’s difficult for you to know whether the offer being presented is a good value to you because it’s a private transaction without competitive bids. |
A Team of Marketing Experts Works For You. Our success depends on our ability to have consistently high sales performance. We apply precision marketing, using the most current data available and market your real estate locally-to-globally to attract interested buyers who will compete for your property. |
Your Agent is Your Marketing Expert. Marketing is typically local and not targeted to specific buyers. Emphasis is placed on your listing in MLS, an open house and alerting other agents to your newly listed property. |
Sophisticated Sales Performance Analysis. Full, detailed valuation prepared by experienced specialists based on thousands of data points and predictive price models. |
Speculative Sales Analysis. Listing price tends to be the highest combination of what you and your Agent would like your property to sell for and often results in price reductions or lower than expected offers. |
Unrivalled Sales Experience. There is an art and science to Hausbid that delivers the best possible market value. Our expertise is based on being a top broker in the country with successful auctioneer background combined with top talent from technology, media and real estate. |
Varying Degrees of Experience. It’s pretty simple to secure a real estate license to become an agent. |
4.5% commission | 6% commission |