Homeowners know too well, how hard it can be to get an offer after putting your house up for sale in the market. You might have a hot piece of property that you think others are just dying to get their hands on. However, once you put it up for sale; weeks turn into months and sometimes into years. People just keep coming to view, but none actually makes an offer.
Selling a house starts to feel more like a hassle, and starts to distract you from your other activities. It starts to feel more like you are a real estate agent doing marketing for properties. Dan Ariely, a behavioral economist, says that homeowners will be willing to sell their homes at a lesser price, as long as in return they can avoid the hassle and get a precise timing. Especially during the slow seasons of home sales.
“The less liquid and slower the market is, the more people who are selling will value this process,” says Ariely.
A Silicon Valley-based startup, Opendoor, has come up with an innovative solution to this problem. They buy and sell homes …read more
Read more here:: With OpenDoor Homeowners can Sell and Buy Properties in Minutes