Should I Use Knock
or a Real Estate Team?

Compare for Yourself

Ready to sell your home or just curious about Knock? You’ve come to the right place! Compare their program for yourself vs listing with the Janice Overbeck Real Estate Team.

The Knock Trade-In Program allows you to choose a home and move in before your old home is put on the market. This seems like a convenience, however, you will be responsible for twice the typical closing costs, plus additional associated fees. Why? Knock will buy your new home with cash, but you will still be responsible for the closing costs and fees associated with that transaction. Then, you will also be responsible for the closing costs again when you transfer the home into your name. This can cost you thousands of dollars and net you much less overall on the sale of your home. Our team can make your transaction a stress-free experience AND guarantee you will net more money on the sale of your home!

With the Knock Traditional Listing Program, their process has some parallels with some very important differences! First, Knock automatically sets the initial sales price of your home at 95% of market value, before adding in the standard 6% listing commission. Our team nets our sellers an average of 98.6% of the market value price and we GUARANTEE that you will net more money with us than with Knock! Second, with a limited number of representatives for each area, it may be difficult to get timely responses to questions and concerns. Working with the Janice Overbeck Team gives you access to a dedicated team of real estate professionals for the price of one. You can reach us via phone, email or text and get a live person every time!

If your home does not sell within 6 weeks in the Knock program, they will offer to buy your home at a discounted rate through their List Guarantee Program. In addition to receiving less for your home, you will also still be responsible for the listing commission AND applicable renovation or repair costs. We guarantee that you will NET more on your home sale by hiring the Janice Overbeck Real Estate Team. We are local Cobb County experts, have worked with thousands of homeowners, and have over 800 positive online reviews!

Compare the Knock TRADE-IN Program

KNOCK.COM

THE JANICE OVERBECK TEAM

  • Connector.

    TIME vs MONEY

    Knock advertises their program to save you the headache of selling your home. What they DON’T tell you is that you will receive thousands of dollars less for the sale price of your home, plus incur additional fees.

  • Connector.

    Estimated Days to Sell

    Knock estimates that it will take an average of 60 days to sell your home

  • Connector.

    FEES, FEES, FEES

    Knock charges an origination fee and additional fees on the property you buy from them like interest, HOA, insurance, and property tax. Plus, you pay DOUBLE the closing costs by participating in their trade-in program.

  • Connector.

    NO GOING BACK

    If you change your mind or have any extenuating circumstances, you will not be permitted to cancel the transaction, leaving you stuck with two houses.

  • Connector.

    MORE MONEY IN YOUR POCKET

    Our team is trained to get you the highest price for your home in the shortest amount of time. You will save money on unnecessary fees and will receive the support of a dedicated team for the price of a single agent.

  • Connector.

    WE SELL HOMES FAST

    Our listings average 12 days on the market

  • Connector.

    NO ADDITIONAL FEES. PERIOD.

    Our team will happily assist you with a double closing and/or a double occupancy agreement, which allow you to move at a time convenient for you and your situation. We do this at NO EXTRA CHARGE , saving you thousands!

  • Connector.

    STRESS FREE - START TO FINISH

    We take great care of every detail to ensure that you will never own two houses at the same time throughout a seamless and perfectly timed transaction.

$29,321*

(based on a $250k home)

  • 6% Standard Listing Commission on Your Old Home: $15,000
  • Knock Origination Fee: $2572
  • Knock 8% Interest on Temporary Occupancy: $3222
  • Estimated Holding Costs on Temporary Occupancy: $1523
    (Breakdown below)
  • Estimated Closing Costs: $3502 closing transactions TWICE! Breakdown below)

Breakdown of Estimated Holding Costs:
– Estimated homeowners association $300
– Estimated homeowners insurance $530
– Estimated Utilities $200
– Estimated Property Tax $493
Total: $1523

Breakdown of Estimated Closing Costs:
– Attorney fee $335
– Title exam $150
– Title insurance $1,687
– Transfer tax $250
– Home inspection $425
– Home warranty $525
– Deed $130
Total: $3502

*Estimated fees do NOT include the cost for the lender fees and lender closing costs. These fees will vary depending on the lender you use.

  • Additional Estimated Closing Costs: $3502

    That’s right! – You are essentially buying the house and paying the fees TWICE!

    Why? Because Knock will buy your new home with cash and while you are paying the closing costs for them to do so, you are ALSO paying the closing costs again to buy the house back from them.

    Breakdown of Additional Estimated Closing Costs:
    – Attorney fee $335
    – Title exam $150
    – Title insurance $1,687
    – Transfer tax $250
    – Home inspection $425
    – Home warranty $525
    – Deed $130
    Total: $3502

    *Estimated fees do NOT include the cost for the lender fees and lender closing costs. These fees will vary depending on the lender you use.

  • $18,462*

    (based on a $250k home)

    • 6% Standard Listing Commission on Your Old Home: $15,000
    • Estimated Closing Costs: $3462

    Breakdown of Estimated Closing Costs:
    – Attorney fee $795
    – Title exam $150
    – Title insurance $1,317
    – Transfer tax $250
    – Home inspection $425
    – Home warranty $525

    Total: $3462

    *Estimated fees do NOT include the cost for the lender fees and lender closing costs. These fees will vary depending on the lender you use.

    Compare the TRADITIONAL LISTING process

    KNOCK.COM

    THE JANICE OVERBECK TEAM

    • Connector. Connector.

      HIGHEST PRICE FOR YOUR HOME

      Knock automatically starts the price of your home at 95% of market value. For a $250k home, the starting sales price with Knock would be set at $237,500.

    • Connector. Connector.

      1 REPRESENTATIVE FOR YOUR SALE

      Knock will assign you to one representative for the Atlanta area.

    • Connector. Connector.

      SET SHOWINGS AROUND YOUR SCHEDULE

    • Connector. Connector.

      PROFESSIONAL PHOTOS & 3D TOUR

    • Connector. Connector.

      ONLINE MARKETING

    • Connector. Connector.

      PAID 1 YEAR HOME WARRANTY

    • Connector. Connector.

      COMING SOON ON ZILLOW

    • Connector. Connector.

      6% LISTING COMMISSION

    • Connector. Connector.

      A HIGHER NET PRICE, GUARANTEED

      The JO Team nets sellers an average of 98.6% market value for the sales price of the home. For a $250k home, the average sales price would be $246,500.

    • Connector. Connector.

      AN ENTIRE TEAM OF PROFESSIONALS

      With JO, you get an entire dedicated team for the price of a single agent!

    • Connector. Connector.

      SET SHOWINGS AROUND YOUR SCHEDULE

    • Connector. Connector.

      PROFESSIONAL PHOTOS & 3D TOUR

    • Connector. Connector.

      ONLINE MARKETING

    • Connector. Connector.

      PAID 1 YEAR HOME WARRANTY

    • Connector. Connector.

      COMING SOON ON ZILLOW

    • Connector. Connector.

      6% LISTING COMMISSION

    Compare the LIST GUARANTEE Program

    KNOCK.COM

    THE JANICE OVERBECK TEAM

    • Connector.

      WARNING

      Knock will start initial price negotiations at only 95% of your home’s market value, before the inspection. For a $250k home, the starting sales price with Knock would be set at $237,500.

    • Connector.

      WARNING

      The 6% listing commission still applies, even though you are getting less money

    • Connector.

      WARNING

      Knock will pay up to $10k for renovation costs, BUT those fees are still due upon closing AND you still pay them if you decide to withdraw!

    • Connector.

      OUR NET GUARANTEE

      We guarantee we will NET you more money than you get from Knock.
      The JO Team nets sellers an average of 98.6% market value for the sales price of the home. For a $250k home, the average sales price would be $246,500.

    The Janice Overbeck Team
    has sold over 900 homes to date.

    0
    Average Days On The Market
    0
    JANICE OVERBECK TEAM Days on Market
    0 %
    Sales Price as a Percentage of List Price
    0 .6%
    JANICE OVERBECK TEAM Sales Price as a Percentage of List Price

    The real estate industry is changing.
    It is now faster and easier to sell your home with an agent than ever before.