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Agent vs iBuyer: Which is Better?

Agent vs iBuyer: Which is Better?

When it comes to selling your home for top dollar and for the least amount of energy and time on your part, you might be wondering if a real estate agent or an iBuyer is the best choice.

iBuyers are companies that use the internet to sell your home online or through an app. They claim they can sell your home quickly and easily for less money than a traditional real estate agent. But that’s not the whole story.

Where a traditional real estate agent like me can help you get your home ready for the market through updates, staging, and professional photos, an iBuyer will list your home as-is with standard photos. This can be a big mistake because real estate is about first impressions. If your listing photos and listing descriptions aren’t good, you might not catch the attention of potential buyers. A real estate agent can market your home for top dollar and ensure it gets seen by the right buyers.

iBuyers say they can sell your home at a discount with a 7% commission. But there are many hidden fees involved with iBuyers, and they’re not upfront about the total cost. A real estate agent will be transparent about all the costs you’ll incur throughout the selling process and will only take the standard commission.

As a result of these issues, iBuyers tend to undersell homes and will net you a below-market return on the sale of your home. You want to get the most money out of your home, which is why working with a real estate agent is so important. Typically, real estate agents can net you 10-15% more on selling your home–which is exactly what you want when you sell!

You want to walk away from the closing table with the most money in your pocket. If that’s true for you, it makes the most sense to go with a traditional real estate agent. I’m accepting new seller clients, so if you want to talk with a real estate agent about selling your home, feel free to contact me.

Harpreet Christie
RE/MAX of Lloydminster

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.