Dear homeowner,
We built Zorba for people like you who have been looking for a better way to sell their home — one that’s easy, efficient, and even enjoyable. Zorba’s way of selling is in sharp contrast to the industry-standard high fees, rigid sales process, and complicated communication experience.
On Zorba, you can compare multiple cash offers online in just 5 days with no commitment. This allows you to make the best decision for your home, family, and finances. Below, we outline a few of the ways that Zorba is different (and, in our opinion, better) than the traditional way to sell your home.
Zorba Selling Overview
Zorba was built from the ground up for homeowners. We listened to the problems that homeowners experienced in their past real estate transactions and heard their fears when it came to selling again. Especially when in need to sell quickly. This led to the key differences you’ll find between Zorba and traditional real estate. We’ve created tools and a marketplace with the homeowner at the center, enabling you to sell your home like never before.
Pillar 1: Compare multiple cash-offers in just 5 days with no risk
Zorba: Zorba lets you compare multiple cash offers by putting your home on the Zorba marketplace with no obligation whatsoever. With the combination of the marketplace, Zorba Insights, and advice from your licensed advisor, you’re able to explore a sale like never before. This allows you to understand the market for your home and make the best decision before you commit. Add to that Zorba features like no days-on-market, and you can explore your sale without creating a record in Zillow or the MLS.
Traditional: Traditional real estate can be an all-or-nothing commitment when it comes to your sale. If you choose to sign a contract with an agent (typically a 6-12 months commitment) and post your home to the public, it is impossible to test the market without a downside. Now, if you are in need to sell quickly or your house needs repairs and you can’t sell it the traditional way, local investors will try to take advantage of your situation and give you a lowball offer.
Pillar 2: No expensive fees
Zorba: Zorba charges only 4% transaction fee, paid at closing, and buyers on the Zorba marketplace are committed to covering the closing costs (1-4%). We believe that you should be able to maximize the profit from your sale. Thanks to the efficiencies from our technology and marketplace, we’re able to dramatically reduce fees for homeowners, and shorten the days on the market time by 80%.
- On average, homeowners save up to 60% in fees compared to the traditional model.
Traditional: Traditional commission and fees paid to brokers are 5%-6% of your home sale price + 1-4% in closing costs.
Pillar 3: No repairs
Zorba: When you sell through Zorba, you don’t need to spend money on repairs or get your home “show ready”. Instead, you simply request as-is cash offers, and then when accepting an offer, complete a one-time walkthrough with the buyer. The purpose of the walkthrough is to verify the condition of your home, make sure it matches the photos, and identify if any repairs are needed. This way, you avoid any out-of-pocket repair expenses that you might encounter in a traditional sale. Finally, our buyers are committed do the repair work and cleanups after you move out, so you can move on your timeline.
Traditional: In a traditional sale, after you’ve agreed to an offer, the buyer will typically have the home inspected for any defects. Buyers may ask you to make any repairs yourself, or they might request a credit equal to their expected costs of making the repairs (this is requested by their lender in order to complete the sell). Negotiating repairs can be a headache, and the costs are difficult to predict upfront because every buyer is different.
Pillar 4: Full-time, local, licensed advisor
Zorba: Zorba advisors are licensed, full-time employees, not contractors. Zorba advisors are not fighting for commissions and therefore support your best interests, even if it means advising against selling your home at this time.
Traditional: The pressure of high commission fees and brokerage splits is part of the traditional sales process that supports a brokerage being able to run a business. Traditional agents receive no income unless they sell a home. This structure is incredibly misaligned with the best interests of a seller. While there are many well-intended and talented real estate professionals in the traditional model, it is in the best interest of an agent to sell your home quickly and at a high fee. Oftentimes, this does not align with your financial needs or your timeline.
Pillar 5: Home prep and staging
Zorba: When you sell through Zorba, there are no staging, storage or prep costs. Buyers on the Zorba marketplace give you competitive, all-cash offers based on the important factors: comparable home sales, your home’s features, and current market trends.
Traditional: In a traditional sale, you’ll typically need to make your home “show ready” to attract buyers. Paying to stage your home isn’t required, but it’s often recommended. This includes cleaning and decluttering your home, paying storage fees for furniture you need to hide away, and any cosmetic touch-ups like fresh paint, new carpet, or updated fixtures and appliances. You’ll typically need to clean your home before each showing which usually take place at uncomfortable hours (5pm-11pm) and over weekends.
Pillar 6: Flexible selling situations
Zorba: As you know, flexibility is paramount in a real estate transaction. On Zorba, you can sell when you want to and on the terms that work best for you. This allows for complete control and peace of mind throughout your selling process. Zorba flexible structure is perfect for your complex selling situations, such as needing to find a replacement property or needing a post-closing occupancy to facilitate your move. Zorba facilitates these unique situations by giving you and a qualified buyer the ability to match your respective timelines and communicate clearly throughout the sales process. Buyers on Zorba are professional investors – they are problem solvers and can work with any unique situation that might have.
Traditional: The traditional model is static and doesn’t leave room for flexibility. The result? More stress, potentially poor market timing, days on market ticking by while you panic to try and find a buyer, and no turning back once you have put your home on the MLS. The confined selling process of traditional real estate prevents you from reaching different buyers in the market at different times.
Putting it all together
Zorba provides you flexibility and control throughout your entire home-selling process. Our marketplace is built to prioritize you, the homeowner, and help you make the best decision possible by providing full transparency at every step. By partnering with our trusted licensed advisors, you have access to clear and direct communication, coupled with expert guidance and support throughout your entire transaction. And of course, with our low selling fees, you’ll save thousands when you choose Zorba.