Selling to REI Network vs. Listing with an Agent
| Selling w/ an agent | Sold to REI Network | |
|---|---|---|
| Commissions/Fees | 6% on average is paid by you | $0 — We are self represented |
| Who Pays Closing Costs? | 2% on average is paid by you | We pay all standard costs |
| Inspection & Fin. Contingency * | Yes, up to 15% of sales fall through | $0 — Cash, no banks |
| Appraisal Needed | Yes, sale is often subject to appraisal | $0 — Cash offer |
| Average Days Until Sold | +/- 91 Days | 10–14 day close |
| Number of Showings | Depends on property/location | No open houses or home buyers showing |
| Closing Date | 30-60 +/- Days after accepting offer | Your choice |
| Who Pays For Repairs | Negotiated during inspection period | We buy AS-IS |
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In a traditional sale, an inspection contingency allows the buyer time to inspect the property and renegotiate the price based on repair requests. If the seller doesn’t agree to the repairs or credits, the buyer can walk away and cancel the deal entirely.
A financing contingency protects the buyer if their bank loan doesn’t get approved or if the appraisal comes in lower than expected. When this happens, the buyer can cancel, even after the home has been off the market for weeks.
At REI Network, we eliminate those risks. We buy properties with cash, so there are no inspection contingencies, no financing delays, and no appraisal requirements. Once the earnest money is submitted, it becomes non-refundable, giving the seller confidence and security in the agreement.
