When Home Buyouts Become Home Seller Equity Giveaways | Buyer Beware

By January 4, 2023
Beware of Easy Buyout Brokerages

You may have missed the FTC’s recent lawsuit ordering Opendoor to pay a $62 Million Dollar fine for deceiving consumers. For years I have been advising prospective home sellers that the only way to earn top-dollar is to prepare your home, hire a Realtor®, and list it in MLS (See: The Real Cost of a Home Buy-Out Offer). Selling your home directly to the public is your better option to earn your best and highest sales price.

Sellers would be advised to search and review the BBB and other online resources about buy-out companies before signing a contract. A complicated process nearly always benefits and protects the party who offers it. Plus, you’ll need every penny from the sale of your home to buy your next house.

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About the Author
mike@askinsrealtygroup.com
[email protected]
Owner and founder of ARG. In 2003 Mike, who enjoyed a 20-year career in semiconductor wafer fabrication, joined his wife, Jenee, to form the Askins Realty Group. Mike, now with over 20 years of being a top producer, is fiercely independent with the drive of an entrepreneur, and a level of Real Estate knowledge, experience, and sales volume few ever achieve.

Mike, a resident of Sherman, TX, can handle your buyer and listing agent needs with our lower-cost and immensely competitive Realty Business! With nearly Two Billion in sales and a unique knowledge of the Dallas Fort Worth Metroplex, you'll have a real estate warrior in your corner.