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. 90% of our business consists of buying houses directly from homeowners. The other 10% of our business consists of listing property for certain sellers who actually prefer to have us market their properties on the Multiple Listing Service (MLS).
For the record, it should be stated that our goal is to BUY your house. As stated throughout this website, we are professional home buyers by trade and We buy houses in Houston and all surrounding areas that meet our purchasing criteria.
Note: If you decide that you want us to market your property on the MLS, you will be expected to pay your portion of realtor fees and closing costs associated with a traditional real estate transaction. Please refer to the “Compare” section of our website to get an idea of what your fees will be.
Note: Our MLS policy is that we guarantee an offer within 45 days or the representation contract is null and void (We try our best not to waste anyone’s time).
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). At the end of the day we’re running a business and we have to make a decent profit on each deal. With that being said, we’re looking to get a fair discount on each property we purchase in order to stay in business. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part to fix up the property or pay real estate agent fees.
If that’s what you’re looking for and you see the value in getting your house sold fast… we would love to speak with you to 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. Head on over here download your free guide →]
Q: How do you determine the price to offer on 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 take many pieces of information into consideration such as how much profit you want to make on the sale and how quickly you need to close. We will then come up with a fair price that works for us and works for you too.
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 directly to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll pay for all of 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 all of the risk 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 having to deal with the property ever again).
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 (the average time to sell a property in our market is roughly 3-6 months) and then the agent takes a percentage of the sales 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 sellers who can wait at least 3 months (best-case scenario) to sell their home and who don’t mind giving up some of their proceeds from the sale to pay for the commissions and closing costs.
But that’s where we’re different: we’re professional home buyers. Our company actually buys houses without charging you any fees. Since we’re actually the one buying the house from you, we cut out the middleman and we pay you all the cash. Not to mention, we make the final decision to buy your house and not a random loan officer sitting in a bank somewhere. Please keep in mind that we make our living by taking the risk to buy the house with our own cash, repair the house with our own cash, 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 a few things, 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.
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Download our FREE Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash.
Get the FREE Guide and then give us a call at (832) 415-6626 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.