Marketpro Homebuyers is a real estate firm that buys homes for cash. It also runs a listing platform where investors can search properties.
If your home is in a poor condition or you need cash, Marketpro could be an option because it buys properties in as-is condition and closes the sale in seven days.
The trade-off is that Marketpro offers less than the home’s real market value. This means you could lose a lot of money in the process.
Here are some pros and cons of using the company’s services and some Marketpro Homebuyers reviews for you to get an idea of the users’ experience.
Pros and Cons of using Marketpro’s services
Pros:
- Customers get a no-obligation offer the very day the company performs an inspection.
- When sellers sell their place to Marketpro they are free to pick their own closing date, irrespective of how far ahead it may be.
- The company will also pay for all your moving-out expenses, this includes moving across the nation. Other cash-buying companies do not typically offer this.
Cons
- The company offers 10% below what you could earn by selling the traditional way. So, it is highly likely that you miss out on thousands of dollars.
- The company has a limited presence across the US and is located only in the country’s northeastern region.
Marketpro Homebuyers Reviews
Most of Marketpro Homebuyers reviews are positive, with average ratings on popular sites like Google and Facebook being 4.2 out of 5 across 300 plus reviews.
Most customers say that the company is:
- Professional
- Easy to work with
- Communicative
While most of the reviews are positive, there are negative Marketpro Homebuyers reviews as well. These mainly center around their aggressive marketing strategies like constant phone calls, texts, and emails.
Alternatives to Marketpro Homebuyers
Home sellers who list their homes on the open market through the traditional route will pocket more money than a cash buyer. However, Marketpro lets owners avoid repairs and close as per their convenience.
While these advantages could be worth it for some sellers, there are alternatives to Marketpro that you can consider.
For Sale By Owner (FSBO)
Some sellers prefer the FSBO route to save on the listing agent’s commission. This is perhaps the first alternative most people consider when thinking of alternative methods of selling their homes. If you are confident that you are geared to sell your house on your own, then you can completely eliminate a brokerage and an agent.
It is going to consume a lot of your efforts and time, so FSBO is not the ideal route if you are in a rush to sell your place. Selling a home demands several skills, right from pricing it right and marketing it properly to negotiating and filling out the documents. A small mistake can make it difficult for you to sell it effectively.
Flat-fee MLS Companies
And if you want the savings benefit of FSBO with the expertise of a realtor, then flat fee MLS companies that offer a la carte services are a good option. Rather than paying a commission to an agent, these companies charge a flat fee upfront for offering specific real estate services.
For instance, if you wish to do certain tasks in the home-selling process by yourself and want to take the services of an expert for others, you can pick from the packages offered by these firms. Photography packages and marketing packages are some examples of the packages provided by them.
While this can save you some time, you will still be accountable for the rest of the process.
Houzeo is one such platform. This completely online and technologically-advanced site charges a small flat fee in exchange for a suite of its services.
Listings on the site get syndicated to the local Multiple Listing Service (MLS), which is a directory of all real-estate properties in an area. Besides, listings also go on a hundred other websites like Zillow, Trulia, etc. This will give your property maximum exposure.
Houzeo reviews are mostly positive and sellers have rated the company 4.9 out of 5 stars on popular review sites like Trustpilot and Google.
Houzeo reviews also rave about the company’s incredible customer service. The listing is quick and you can save thousands on commission.
FSBO.com is another such site. It has packages ranging from $99.95 to $399.95. While the basic package is not recommended as it offers little to no exposure, the higher-end package includes an MLS listing and is of great value with its add-on features.
Final thoughts
Marketpro Homebuyers is an easy way to sell your home. Unlike listing with a brokerage or selling on your own, you can choose your own closing date. You will also save time on repairs. It will offer you a low-pressure, no-obligation cash offer. However, selling your home is a major decision and you should consider all available options and do your research to find the route that suits you the most.