Frequently Asked Questions
If you have questions, fret not; it’s normal, as many individuals do. Here’s a concise compilation of common inquiries we receive, along with our responses. Should you have any more queries, please don’t hesitate to reach out to us or simply give us a call at (402) 915-6455. We’ll be delighted to provide you with the answers you seek.
Q: Will my property be listed on the MLS, or are you planning to purchase it outright?
A: Excellent inquiry. We don’t operate as real estate agents, and our focus isn’t on listing properties. We specialize in being professional home buyers, actively seeking homes/properties in Douglas and Sarpy County that align with our specific buying criteria. Once acquired, we may undertake necessary repairs and either vend the property to a new homeowner or retain it as a rental in our portfolio.
Q: Are the prices you offer for properties fair?
A: Many of the homes we acquire are priced below market value, allowing us to move them later at a profit to another homeowner. We aim to secure a reasonable discount on a property. However, based on our experience, most people or family members aren’t necessarily anticipating a substantial windfall from the sale. Instead, they value the advantages of a cash transaction, a swift closing process without financing delays, and eliminating the need to invest time, effort, or money in property repairs or pay agent fees.
If this aligns with your goals and you appreciate the value of a speedy property sale, let’s explore the possibility of arriving at a mutually beneficial price. It’s important to note that our no-obligation pricing commitment means you’re not obligated to accept our offer, but it’s beneficial to understand what we can provide.
Q: What method do you use to establish the price you will offer for my place?
A: That’s an excellent question; we’re completely transparent about our approach. Our process is simple and methodical. We evaluate the property’s location, the required repairs, its current state, and the values of similar homes that have recently sold in the area. As you’re aware, property values have experienced significant fluctuations over the past five years, and in many areas, they have yet to recover fully. We analyze many factors for a fair price that benefits both parties.
Q: Do I need to pay any fees or commissions to collaborate with you?
A: This is what distinguishes us from the traditional method of handling your home: There are absolutely no fees or commissions when you have us purchase your place. We will present you with an offer, and if it aligns with your expectations, we will purchase your property. In many cases, we may even cover the closing costs. It’s a hassle-free process with no hidden fees. We generate our profit by covering repair expenses, if necessary, and dispose of the property for a gain. After purchasing the home from you, we assume all the risk so that you can walk away without the property’s financial burden and often with cash in hand.
Q: What sets you apart from a traditional real estate agent?
A: Real estate agents typically list properties and wait for potential buyers to come forward. They show these properties to interested buyers if any are available (and in many markets, the average time for a property to move is 6-12 months), and if they successfully connect a buyer with a property, they take a percentage of the sale price. Often, this commission ranges from 3% to 6% of the home’s sale price. For instance, if your home/property is priced at $100,000, you could pay between $3,000 to $6,000 in commissions to an agent. Real estate agents offer a valuable service for those who can afford to wait several months for a sale and don’t mind allocating a portion of their sale price to cover these commissions.
However, our approach differs significantly. We are not real estate agents; we are home buyers. Our company directly purchases, bypassing the listing process. Since we are the actual buyers and pay with cash, we can decide on purchasing your property within just a couple of days, sometimes even on the same day. Our business model centers on assuming the risk of purchasing your property using our own capital, addressing any essential renovations, and autonomously promoting the residence to locate a buyer, a task that can prove challenging in today’s real estate 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 look at things, maybe set up a call with you to find out more and make you an all-cash offer that’s fair for you and us. From there, it’s 100% your decision on whether or not you’d like to dispose of your place to us… and we won’t hassle you or harass you… it’s 100% your decision, and we’ll let you decide what’s right for you.
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