Selling your home might take a lot of work, particularly in a competitive market. It sounds good to sell your house for a bit more money and with a lot less fuss. A real estate company called 72SOLD uses a strong marketing approach to instill a sense of urgency in prospective buyers to sell their houses in eight days or less. You can also read 72SOLD reviews, Ultimately, nobody enjoys interacting with buyers, sellers, real estate brokers, or house inspections.

These days, iBuyers and online platforms are becoming more popular. They guarantee excellent returns and simple sales. Are they worthwhile, though? Do they fulfill their promises, too? The business boasts nearly a 5-star rating based on more than 2,000 internet evaluations; however, the majority of these ratings are favorable and come from its realtor partners rather than clients.

Numerous issues with the company’s pushy sales approach are brought up by our examination of 72SOLD reviews and its offerings. We perform the heavy lifting and provide a thorough examination of 72SOLD reviews and their service in this post, saving you the trouble.

What is 72SOLD?

The real estate company 72SOLD is based in Scottsdale, Arizona. With its exclusive real estate selling technique, the company guarantees exceptional sales results in as little as eight days.

72SOLD facilitates the selling process in only eight days, as opposed to the standard schedule for home sales, which often takes several months and includes preparing a home for sale, marketing it, hosting open houses, and finally bargaining a deal.

In contrast to Offerpad or Opendoor, 72SOLD is not an iBuyer. The business is a typical real estate company that publishes properties on the MLS and collaborates with real estate brokers. However, they use a different strategy to market to anger customers’ attention as much as possible in a short amount of time.

72SOLD guarantees to sell a home in 72 hours as long as it’s ready to be advertised, which means it doesn’t require extensive cleaning or repairs.

When you cooperate with 72SOLD, a local real estate agent will help you with the sale negotiations and organize an open home, according to 72SOLD reviews on reputable net reputation review sites. Their procedure is akin to cooperating with a conventional agent; it only happens within a tight timeline, as highlighted in many 72SOLD reviews.

Is 72SOLD a Discount Broker?

Unlike other brokers in the business, 72SOLD does not provide a cheaper commission rate. It is not a bargain broker. They defend their expenditures, which still average between 5 and 6 percent, by pointing to the amount of money they spend on their simplified marketing plan.

72SOLD is not the right choice for sellers trying to cut costs on real estate commissions.

How Does 72SOLD Work?

Located in Scottsdale, Arizona, 72SOLD is a full-service real estate company. Still, they’re growing fast into new areas and creating partnerships with other brokerages. They recently partnered with Keller Williams as realtors, which has helped them expand into the majority of US real estate areas.

So, how does it function? When businesses claim to have a special procedure yet withhold important details from future customers, it’s always a bit suspect.

Let us now discuss the selling process using 72SOLD.

Step One: Visit the 72SOLD Website

When you visit 72SOLD’s website and indicate your interest in partnering with them, a price reference landing page will ask for your address.

Contrary to what the website suggests, users will not receive an algorithm-generated quotation akin to those from Redfin or Zillow. You’re advised to wait for a quote after giving your address, property details, and contact data.

Step Two: Talk to a Real Estate Agent

The fact that customers’ information is later sent to a nearby real estate agent is something that 72SOLD does not explicitly disclose to its users. Instead of getting a computerized quote, they will need to speak with an agent to get an idea of the cost.

This sample will work with 72SOLD reviews directly or through one of their realtor partners. A few minutes later, your phone will ring, and you will pick up to speak with an unknown real estate agent who is eager to come out and value your home.

Customers are not able to check the agent’s background or testimonials before speaking with them over the phone. After requesting to view their home, the agent offers their marketing plan and expected selling price.

Step Three: Meet with Agent

The real estate agent visits your home to do a visual examination and to talk with you about your needs for the sale. You may now decide on your selling timeframe and ask the agent questions. Users should be ready, though, since the agent may pressure them to sign a listing agreement.

The agency says they can arrange a sale in as little as eight days if the home is in sellable condition.

Step Four: The Weekend Sale

72SOLD claims that they can sell a house in eight days because of their aggressive and distinctive marketing approach. One aspect of this plan is to have open houses for a shortened 90 minutes on a single weekend, followed by a strict deadline for offers. Prospective buyers often cross paths with other buyers, creating the impression that there is an intense feud for the home.

To sell for the most money in the shortest amount of time, the marketing technique attempts to start a bidding war.

Step Five: Offer Deadline

Offers are accepted up to a predetermined date. For example, offers may be taken until 5 p.m. on Monday if the home was posted over the weekend. Although it’s an intelligent real estate tactic, it limits the buyer pool to those who can close that weekend.

The seller and their agent may compare the offers side by side once they are filed and decide whether to accept one or start new discussions.

Step Six: House is Sold

The procedure for selling a home with 72SOLD is the same as a typical transaction once a contract is signed. To close the deal, the buyer and seller may need to manage the financing, inspection, and home inspection, depending on the terms that were discussed.

Is 72SOLD Legit?

72SOLD is a real company, not a fraud. Greg Hague created the company in 2018, and Hague Partners, its parent company, runs it. The term “72SOLD” refers to their initial guarantee of selling a house in 72 hours, but because of shifts in the real estate market, this guarantee has been extended to eight days.

Outstanding evaluations from several sources, including Google and Yelp, with a weighted average of 4.8, are something 72SOLD reviews are proud of. Are 72SOLD reviews, nonetheless, accurate? More than half of the 72SOLD reviews are from their realtor partners rather than from real clients, according to Real Estate Witch. When a company depends on its partners to raise its rating, that’s a red flag. You’ll scroll past their Google reviews if you go there.

What are the genuine client testimonials about 72SOLD’s offerings, then? They are, in fact, varied. While some clients have had negative experiences, others think it’s an excellent real estate program. The performance of 72SOLD is contingent upon the situation of the local real estate market and the realtor with whom the consumer is interacting. It’s doubtful that their approach would do well in a bear market.

Another assertion put up by 72SOLD reviews is that their sale prices are 8.5% higher than the median average. Although this idea seems great, it’s crucial to understand that it has no statistical bearing on the outcome of a transaction. Homes with a higher market value will be marketed and sold by their team more frequently than those with a median value. Furthermore, it’s simple to attain above-median selling outcomes because property prices have been generally rising.

When working with 72SOLD through their landing page, they need to clarify that you may not always choose the agent you are paired with, according to many 72SOLD reviews that discuss how to make money off steam with this program. A local partner receives your lead and makes it their goal to get your business, as mentioned in several 72SOLD reviews.

Home sellers who are thinking about using 72SOLD should study the evaluations and think about scheduling a meeting with the agent assigned to them. As you would with a typical agent, approach their team and inquire about the selling procedure and their strategy for maximizing your sale price.

Pros and Cons of Using 72SOLD

72SOLD may be a good choice if you need to sell your house quickly. The foundation of their business strategy is promoting competition. They encourage a lot of buyers to view your property at the same time during one open home weekend.

72SOLD reviews, however, aren’t for everyone. Due to their accelerated sales procedure, you can wind up losing money.

The pros of using 72SOLD include:

• You’re paired with a local real estate agent in no time.

• Easy preparation of well-maintained homes without any problems.

• The only weekend that buyers need to be able to view your home is that one.

• The sales procedure is rapid and frequently successful.

• With your home, you may earn extra money.

• Although 72SOLD might be a quick and simple way to sell a house, there are several drawbacks to using their service.

The cons of working with 72SOLD include:

• Failing to thoroughly investigate and evaluate your real estate agent.

• Lost chances as a result of rushing a transaction.

• Depending on a quick sale yet experiencing a lengthy house sale process.

• The fees you pay will be the same as if you were working with a traditional agency.

72SOLD Reviews

72SOLD Reviews are mainly favorable. However, just 38% of the evaluations are from real 72SOLD customers, according to the AI technology we employ to assess web reviews. 72SOLD reviews are authored by firm workers or realtor partners in more than half of the cases (52%).

The majority of the glowing evaluations for 72SOLD reviews come from Keller Williams realtors who have cooperated with the program. Realtors asserted that 72SOLD provides a “white glove” and “VIP” experience for sellers. Fast transactions and increased listing prices for sellers are common themes.

Several negative evaluations of 72SOLD reviews come from disgruntled clients. After enquiring about selling their properties, sellers grieved over the 72SOLD team’s lack of contact or attendance. Some were offended by the forceful methods used by the 72SOLD review models, such as their forceful calls and texts that included sales pitches.

A few vendors criticized the 72SOLD review advertising approach. They charged the business with engaging in misleading pricing practices and failing to fulfill its commitments.

Negative reviewers claimed that their listing agent had requested that the reviews be taken down.

72SOLD Costs

When you sell using a real estate agent, the commission split between the listing and buyer’s agents is usually between 5 and 6% of the closing amount. When you choose a bargain broker, your commission will be lower—typically between 4 and 4.5 percent.

For example, Clever Real Estate will list your house for 1.5% of the asking price plus the 2.5–3% buyer’s agent commission.

According to 72SOLD, you may sell your house for 8.4–12% more than you would if you used a standard agent. These sales data, however, are from research conducted between 2020 and 2022 in a very different home market. In light of this, 72SOLD could not yield the same profit in the present market.

Service Quality

If you want to sell your home quickly, 72SOLD’s services could be more beneficial than using a typical agent, but this will depend on the status of the real estate market in your area as well as overall.

72SOLD promises to sell your home in no more than eight days. The national median number of days pending was 17 days in November 2023.

If you wish to avoid the possible annoyance of several showings and open houses, 72SOLD also stands out. Usually, the corporation only has the residence available for a short time. Your property might need to be shown several times if you choose a typical agency.

The fact that you might not reach as many prospective customers with the 72SOLD review method as you would via a conventional agent and sales procedure is a possible drawback.

Compared to typical real estate brokers, 72SOLD’s approach may make you feel hurried or taken advantage of. However, 72SOLD could be a good fit for you if you’re in a rush to sell and don’t mind using a strategy that isn’t based on open houses or showings.

72SOLD Alternatives

In case you’re looking to sell your home for the highest possible price, 72SOLD has several great possibilities. Your property may sell more quickly, but the increased profits or cost savings can make the extra effort worthwhile.

1. FastExpert

Selecting the best real estate agent to sell a house is sometimes the largest challenge faced by sellers. It might be difficult to know where to look and which reviews to believe.

FastExpert connects you with the best local agents to help you discover the perfect agent. Choose a top performer to help you sell your home for the best price after reading their evaluations and examining their past performance.

With its user-friendly interface and comprehensive information, FastExpert helps you make well-informed decisions. Reviews and ratings for every agent or not. Their openness enables you to make an educated decision based on past clients’ experiences—not those of other real estate agents.

With FastExert, you may browse for the ideal specialist at your pace without feeling forced to make a purchase. It’s simple to connect with agents in the US from all kinds of brokerages thanks to FastExpert’s search function.

FastExpert’s search makes it simple to choose a standard real estate agent or one with a reduced commission. Real estate transactions of all kinds are something that FastExpert agents are skilled in, whether you’re wanting to purchase, sell, or rent.

2. Redfin’s 

Redfin’s reputation for having lower commission fees than typical brokerages might help you make savings on your real estate transaction. They can save the seller money by using technology to expedite the selling process. In addition, Redfin offers a full-service experience that includes marketing, listing, and buyer negotiations.

Redfin’s drawback is that sellers may only use agents who are Redfin partners.

3. iBuyers

The services offered by iBuyers are planned to make selling your property simple and quick. An iBuyer’s drawback is their excessive fees and typical offer of one to two percent less than market value. Fees from IBuyer may equal or surpass a commission from a real estate agent.

An iBuyer called Opendoor makes quick offers on homes. Sellers that value ease and quickness over getting the best possible price for their goods should use this service. For many sellers, Opendoor is a hassle-free solution since it manages the entire process, from inspection to closure.

Conclusion

Consider looking at choices like 72SOLD if you’re searching for individualized service and a perhaps more successful transaction. 72SOLD offers an easy-to-use platform for reading 72SOLD reviews and evaluating track records, facilitating connections with top local agents. With this method, you can be confident that the expert you choose is free from obligation or pressure to meet your demands.

Their extensive network of agents at 72SOLD can help you with all of your real estate requirements, whether you’re buying or selling. Discover a more conventional but effective way to transact real estate.

With 72SOLD, explore your alternatives, get in touch with local real estate experts, and get started on the path to a profitable home sale.

FAQs
1. What is 72 SOLD?

Ans. 72 SOLD is a real estate program that teaches strategies for selling houses quickly. It promises to help maximize profits from 72 SOLD reviews.

2. How effective is the 72 SOLD system?

Ans. According to 72 SOLD reviews, the system is highly effective in selling properties fast and for top dollar by leveraging proven marketing techniques.

3. What do the 72 SOLD reviews say about the training?

Ans. 72 SOLD Reviews highlight the comprehensive training, covering everything from pricing to negotiations, aimed at helping sellers succeed with the 72 SOLD system.

4. Are there any downsides mentioned in the 72 SOLD reviews?

Ans. Some 72 SOLD reviews mention the program requires dedication and hard work, but most agree the potential rewards make it worthwhile.

5. Where can I find reliable 72 SOLD Reviews?

Ans. Look for 72 SOLD Reviews from reputable sources like real estate blogs, forums, and independent review sites to get an unbiased perspective on the program.

6. What do successful users say in their 72 SOLD Reviews?

Ans. Positive 72 SOLD Reviews from successful users praise the program’s effectiveness, citing quick sales and high profits as a result of implementing the strategies.