Technology is moving fast. It's shaping the way we live. Revolutionizing the way we interact and communicate. In fact, there's little that's been untouched by technology. Industries have been razed and new ones have been erected in their place seemingly overnight. Titans in business have collapsed and folded at the hands of technology. Blockbuster. Toys 'R Us. Kodak. Yahoo. Nokia. Xerox. Names that once meant something have now disappeared into thin air.
Today, they've been replaced by companies like Uber, Netflix, Amazon, Facebook, and others that are leading the charge in the wake of a new era. They're embracing change, reshaping and disrupting business as we know it. Yet, with all the technology and all the change, one industry has been left largely unscathed. Real estate. The truth is that selling your house is still such an antiquated process in this country. It's based on an old model. One that relies on an endless array of friction.
Can you sell your house fast today? It depends on your definition of fast. Is it as fast as ordering an Uber or renting a vacation rental on Airbnb? Heck no. Can you sell your house as quickly as you can get a mortgage to buy a new one on a site like Lending Tree? Nope. Unless you want to put your home out there on a fire sale for pennies on the dollar, you can't sell it that fast by any measure. Today, you need to jump through hoops and hurdles. Endless streams of red tape. Agents. Commissions. And never-ending fees. These are the norm. Not the exception.
Unlike transportation, commerce, and entertainment, real estate has been slow to change. The legalities and complexities are endless. Sure, there are quicker ways to sell your home. They involve going to companies that we call iBuyers. Meaning, they buy the asset themselves. Companies like OpenDoor, OfferPad, and even, Zillow, have all entered the fray. And for good reason. But does that enable you to get top dollar when selling it directly? Certainly not.
Today, they've been replaced by companies like Uber, Netflix, Amazon, Facebook, and others that are leading the charge in the wake of a new era. They're embracing change, reshaping and disrupting business as we know it. Yet, with all the technology and all the change, one industry has been left largely unscathed. Real estate. The truth is that selling your house is still such an antiquated process in this country. It's based on an old model. One that relies on an endless array of friction.
Can you sell your house fast today? It depends on your definition of fast. Is it as fast as ordering an Uber or renting a vacation rental on Airbnb? Heck no. Can you sell your house as quickly as you can get a mortgage to buy a new one on a site like Lending Tree? Nope. Unless you want to put your home out there on a fire sale for pennies on the dollar, you can't sell it that fast by any measure. Today, you need to jump through hoops and hurdles. Endless streams of red tape. Agents. Commissions. And never-ending fees. These are the norm. Not the exception.
Unlike transportation, commerce, and entertainment, real estate has been slow to change. The legalities and complexities are endless. Sure, there are quicker ways to sell your home. They involve going to companies that we call iBuyers. Meaning, they buy the asset themselves. Companies like OpenDoor, OfferPad, and even, Zillow, have all entered the fray. And for good reason. But does that enable you to get top dollar when selling it directly? Certainly not.
How to sell your house fast
Anyone who knows me knows that I am obsessed with technology. As an engineer, I pour over bits and bytes, bending and prodding them to my will. I spend countless hours crafting intelligent code. Then countless more debugging and optimizing it. And for the past two years, I've been trying to solve this problem. It's a big problem. The question is, how can you create a platform and a marketplace to sell your home at lightning speed and still get top dollar? And how do you do all of that without actually using a real estate agent to navigate the entire process?
That was the genesis of Kribbz, the real estate company I've been building for the past couple of years. It's a platform that uses blockchain, the safest and most secure way to store data -- transactions are immutable and indisputable. In the near future, my hope is that it will remove all necessity for forking over a 6% real estate commission just to sell your home.
But today, right here and right now, there are other ways to sell your home quickly. No, it's not instantaneous like the platform we're building. It's a bit slower than that. Yet, if you play your proverbial cards right, there are methods and techniques you can use to get the most bang for the so-called buck. Again, it all depends on your definition of fast. Can you sell your home as fast as you can to order an Uber? Not yet at least. But you can sell it moderately quickly. Here's how.
Read Full Article Here: 5 Ways to Sell Your House Fast

No comments:
Post a Comment