Sundae rolls out set price buying tool for investors

Sundae rolls out set price buying tool for investors

The net property market, geared towards patrons promoting properties as-is, launches Buy Direct, which lets traders see the set value of a house and transfer straight to creating a proposal.

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An internet property market for traders to purchase properties as-is has introduced a brand new function that enables patrons to buy at a set value.

Sundae introduced the function that lets sellers of as-is properties set a value that traders can see when deciding whether or not to purchase.

The brand new function known as Buy Direct comes at a time of slower house gross sales, an uptick in curiosity from sellers to promote shortly and after a interval of intense competitors amongst traders.

“Earlier than beginning Sundae, I spent a few years as a property investor and know the frustrations that include discovering and successful a property,” Sundae CEO Josh Stech stated in a press release. “Buy Direct provides property traders a quick strategy to purchase properties whereas our sellers keep answerable for the worth that’s set.”

The corporate stated it’s attempting to fulfill a rising demand for fast house gross sales. Web searches for the phrase “promote my home quick” have greater than doubled in comparison with a yr in the past, the corporate stated.

Traders who use Buy Direct will eradicate the guesswork related to shopping for gross sales, face much less competitors by discovering offers on-line and save time by shifting shortly to the acquisition, in line with the corporate.

Sundae works with sellers on setting the “sell-now” value within the markets wherein it operates. Traders will see a licensed inspection report and sometimes a 3D house tour, the corporate stated.

Impartial traders have confronted a difficult market competing with not simply one another however with conventional homebuyers and institutional patrons backed by Wall Street.

Below Buy Direct, the primary investor to make a proposal on the mounted value set by the vendor will obtain a purchase order settlement.

Sundae just lately rolled out extra providers to traders in additional markets, increasing into the Carolinas and Tennessee earlier this yr and including monetary providers for patrons.

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