Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
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: We buy houses all over the United States that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Depending on the needs of the seller we are able to buy properties in a variety of ways. In some cases we are able to pay right up to full market value using a terms offer. In other cases, a cash offer is more appropriate. With cash offers, there is typically a discount from the full market value, or the value you may see on Zillow. In these cases sellers typically appreciate that we can offer cash, we can close very quickly (no waiting for financing), and no time effort or expense is required to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
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… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself.
Q: How do you determine the type of offer, and price for my house?
A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. We also listen to your timeline and needs–we know that each person has a unique situation. Then we come up with a fair price and offer that works for us and works for you too. We pride ourselves on always producing the best solutions for home sellers, regardless of the type of property they have. In some cases, such as when the seller needs to sell fast, and/or the property requires a lot of rehab work, this can be a cash offer. In other cases where the seller wishes to maximize their financial return and can accept payments, it may be a terms offer.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
Q: Is there any obligation when I submit my info?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Q: Why don’t I just list with a Realtor?
A: You certainly can, and some do. It’s just another option you have available to you, but keep in mind that you will need to take on a fair bit of work and expenses. Such as:
- Finding and vetting a solid real estate agent (they are NOT all created equal!).
- Haggle, agree to and pay their agent commissions (you will need to pay your agent, and the seller’s agent).
- Manage the agent and make sure they are keeping your listing as a top priority, as well as manage the showings.
- Be subject to home inspections and inspectors, negotiate items that will need to be repaired or replaced, and pay for said expenses.
- Negotiate with potential buyers on the purchase price.
- And finally pay for closing costs such as title search, attorney fees, and etc.
Q: I live really far away from you, how will this work?
A: At this point we have been buying houses nationwide for many years and we have a very streamlined process. We do everything over the phone on the front-end, that’s how we get a picture perfect view of the property condition. We also have experience analyzing properties in any market, so that we’re able to produce accurate offers. Then, once we’re under contract together, we will send someone who is local to meet you at the property and to collect photos. For everything else related to the sale and closing procedures, we are able to sign and file documents electronically using services like DocuSign, and we also use nationally based title companies.
Q: If I’m interested or have questions what’s the next step?
A: Call us at 414-626-0339 or fill out the form below and we’ll be happy to answer any question you have. Our number one goal is to create win-win scenarios whenever we work with people, otherwise we don’t get involved. Feel free to reach out today!
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Get the FREE Guide and then give us a call at 414-626-0339 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.