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Unpopular opinion: the traditional Real Estate process needs an overhaul to stay competitive with iBuyers!

We sold our house in Austin, TX to OpenDoor. Our rep was flexible, communicative and thorough. The title company they hired was the same. The whole transaction was easy from start to finish. We got way more than we would on the open market. I’d do it again.

For the purchase of our new home in SW Colorado, it’s been a nonstop string of professionals dropping the ball.

Our realtor was non-communicative, and we missed the deadline for inspection and survey.

The first appraiser that was hired no showed causing us to have to pay extra to hire one last minute.

Despite our lender being ready to close weeks ago, the title company dropped the ball on communicating with them, and we have had to be the middle man making sure the title company is doing what they need to do.

Now today, closing day, we have a mobile notary no-show.

Amazing how many people have failed to do their jobs.

I know there’s a labor shortage, but this basic lack of diligence and professionalism is simply unacceptable when handling transactions that are this important. In my opinion, it’s why ibuyers are here to stay. If professionals who participate in the more traditional market want to stay competitive, they are going to have to do better.

submitted by /u/J_Baloney
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/r4zkji/unpopular_opinion_the_traditional_real_estate/
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