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Frequently Asked Questions
You might have a few questions, and that’s perfectly normal. Here is a quick collection of some common questions we receive, along with our answers. If you still have any questions, feel free to contact us or give us a call, and we’ll be happy to help.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers who purchase houses in that meet our criteria. After buying a house, we may repair it and resell it to another homeowner or keep it as a rental property.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value, allowing us to resell them at a profit. We aim to get a fair discount on properties. However, in our experience, many sellers are not expecting a large “windfall” but rather appreciate the benefits we offer: cash payments, quick closing (no waiting for financing), and no need for time, effort, or expense on your part to fix up the property or pay agent fees. If this aligns with what you’re looking for and you see the value in selling your house quickly, let’s see if we can agree on a fair, win-win price. Additionally, our no-obligation pricing commitment means you are not required to proceed with our offer, but it’s helpful to know what we’re offering.
Q: How do you determine the price to offer on my house?
A: Great question! We’re transparent about our process, which is straightforward. We consider the location of the property, necessary repairs, its current condition, and the values of comparable houses recently sold in the area. As you know, house values have declined significantly in the past five years, and many areas haven’t fully recovered. We take various factors into account to come up with a fair price that works for both of us.
Q: Are there any fees or commissions to work with you?
A: Here’s what sets us apart from the traditional method of selling your house: There are NO fees or commissions when you sell to us. We’ll make you an offer, and if it’s a fit, we’ll buy your house, often covering the closing costs as well. No hassle. No fees. We make our money after paying for any necessary repairs and selling the house for a profit. We take on the risk of whether we can sell it for a profit or not, so once you sell to us, the responsibility is ours. You walk away without the burden of the property and its payments, often with cash in your hand.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope to find a buyer. They show the properties to prospective buyers (if any), and the average time to sell a property in many markets right now is 6-12 months. Agents typically take a commission of 3-6% of the sale price (so for a $100,000 house, you would pay $3,000 – $6,000 in commissions). This service is beneficial for those who can wait 6-12 months to sell and are okay with paying a portion of the sale price as commission.
However, we’re different. We’re not agents; we’re home buyers. Our company buys houses directly. We don’t list houses. Since we buy the house from you with all cash, we can make a decision to purchase within a few days (sometimes even the same day). We earn our living by taking the risk of buying the house with our own cash, making necessary repairs, and marketing it ourselves to find a buyer, which can be challenging in this market.
Q: Is there any obligation when I submit my info?
A: There is absolutely no obligation on your part. Once you provide us with some information about your property, we’ll assess the details, possibly arrange a call to learn more, and then make you a fair all-cash offer. From there, the decision is entirely yours whether or not to sell your house to us. We won’t hassle or harass you. It’s completely your choice, and we respect your decision.