Frequently Asked Questions
Frequently, you may find yourself with a handful of inquiries. Rest assured, this is completely normal, as most individuals often do. Here, we’ve compiled a brief selection of commonly asked questions, accompanied by our responses. Should you continue to have any queries, please feel free to reach out to us at your convenience. We are always eager to provide you with the information you seek.
Q: Will my home be listed on the MLS, or are you planning to purchase it outright?
A: Excellent inquiry! We don’t operate as real estate agents, so you won’t find your place listed on the MLS with us. We specialize in buying properties promptly, and no financing is involved. Once we acquire a property, we may proceed to perform any necessary repairs before either reselling it to another homeowner or retaining it as a rental property ourselves.
Q: Are the prices you offer for properties fair?
A: Many of the properties we acquire are priced below market value. This strategy enables us to resell them at a profit to new homeowners. We aim to secure a reasonable discount when purchasing a property. Based on our experience, most sellers do not necessarily anticipate a substantial windfall from the sale. Instead, they value our ability to offer a quick transaction with no need to wait for financing. Moreover, they appreciate the fact that no effort, time, or expenses are required on their part for property repairs or agent fees. If this aligns with your goals and you see the benefit of a quick home sale, let’s explore the possibility of reaching a mutually advantageous price. Remember, our no-obligation pricing commitment means you are not obligated to accept our offer, but it’s valuable information to have as you consider your options!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: What method do you use to establish the price you offer for my home/property?
A: That’s an excellent question, and we believe in transparency. Our approach is quite simple. We assess several key factors, including the property’s location, necessary repairs, its current state, and the recent sales prices of comparable homes in the vicinity. By carefully analyzing this data, we determine a fair price that aligns with both our interests and yours.
Q: Do I need to pay any fees or commissions when working with you?
A: This is what sets us apart from the traditional approach to selling your home: There are absolutely no fees or commissions when you choose to sell your abode directly to us. If our offer aligns with your needs, we’ll purchase your property without any complications or charges. Additionally, we often cover the closing costs. Our revenue is generated after we invest in necessary repairs and sell it at a profit. We assume the risks associated with selling the property for a profit, and once we acquire it from you, the responsibility becomes ours, allowing you to walk away without the property’s burdens and with money in hand.
Q: In what ways do you distinguish yourselves from real estate agents?
A: Real estate agents typically list properties and rely on finding interested buyers. They show these properties to potential buyers if there are any, and the average time it takes to sell a property in many markets can range from 6 to 12 months. When a buyer is found, the agent receives a percentage of the sale price as their commission. This commission often falls within the range of 3% to 6% of the home’s sale price. For instance, on a $100,000 home and property, you would pay between $3,000 to $6,000 in commissions to an agent.
Real estate agents provide a valuable service for those willing to wait 6 to 12 months for a sale and are comfortable with relinquishing a portion of their sale proceeds to cover commissions. However, this is where our approach differs significantly. We are not agents; we are property buyers. Our company directly purchases your place. Because we transact with quick money offers and acquire the property from you, we have the flexibility to make a buying decision within a matter of days, sometimes even on the same day. Once again, our livelihood is rooted in assuming the risk of purchasing the property with our own funds, handling necessary repairs, and independently marketing it to secure a buyer.
Q: Do I have any obligations when I submit my information?
A: You are under no obligation whatsoever. After you provide us with some information about your property, we will review the details, possibly arrange a conversation to gather more information, and then present you with an offer that is equitable for both parties. Subsequently, the decision of whether or not to sell your home to us rests entirely in your hands. We empower you to choose what aligns best with your needs and preferences.
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