Frequently Asked Questions
Do you have a few questions? Most people do. We understand that some people would rather get all their questions answered before calling in or filling out our easy offer form. So after years of working face-to-face and helping homeowners, we’ve compiled a list of questions (and our answers) commonly asked from people who contact us.
And if there’s a question not answered or we didn’t answer your question fully, 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 are professional home buyers and rehabilitators: We buy houses Sarasota Bradenton that meet our purchasing criteria. In 5 days after you get your cash, we’ll start the repair process with our very own construction team then resell the property to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Our prices are always fair. Given the cost and time of selling a house on the regular market, many sellers end up selling to us not because they can get top dollar… but because of their given situation, the number of benefits we offer, and the money they’ll save from paying out of pocket.
Our price may not be full retail value, but it is fair given the costs and hassles of listing it with an agent:
- Selling on the market can cost you 10% (commission and closing costs) of the sales price… for a $200,000 that $20,000 that’ll be taken out of your proceeds! When you sell to us we pay for ALL the costs.
- Selling on the market can cost you 3-6 months to actually sell it… if you’re still paying a monthly mortgage that’ll be added costs with all the monthly bills. If it takes you 4 months to sell that can be $8000. With us, you sell it in 5 days.
- Selling on the market means that you’ll have to pay for repairs to get it into a move-in-ready condition. Even in a hot market, you’ll have to compete with all the remodeled houses that are listed… repairs can cost you $3,000-$10,000. To avoid that hassle, we buy houses as-is.
- Selling on the market means you have to deal with the hassle of cleaning up your property every week (sometimes every day) for potential buyers AND when you sell… Fortunately for you, we buy houses as-is.
- Selling on the market means you risk a potential buyer falling out of the deal because he/she got denied financing… However, we buy houses with cash.
Given the costs of selling, the risk of not finding a buyer, and using our own money to buy your house we purchase properties below market value. In order for us to continue helping as many homeowners as we can with a quick and hassle free sale, we need to be able to buy and sell houses for a profit.
In our experience, many homeowners aren’t necessarily expecting a large “windfall” on the house but rather appreciate that we can offer all-cash, we close very fast (no waiting for banks), and no time or effort or expense is required on your part of fixing up the home or paying broker fees.
If that’s what you’re looking for and you see the value in getting your property sold quickly, hassle-free, no costs, and with a solution to your situation… let’s see if we can come to a fair price and solution to your situation. (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!)
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Q: How do you determine the price to offer on my house?
A: Great question. We take pride in that we believe in transparency to our customers. We don’t hide our process or our intentions like most investors and agents out there.
Our process is very straightforward. We need 4 things to come up with a fair price for your property. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable properties sold in the area in the last 3-6 months.
We take these 4 pieces of information into consideration and into our calculation… then come up with a fair price that works for both of us.
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 property to SRQ Home Buyer.
We’ll make you an offer, and if it’s a fit then we’ll buy your home. No hassle. No fees. Our offer is what you walk away with (minus the payoff of liens and mortgage).
We make our profit after we pay for repairs on the house (if any) and sell it to another buyer (we’re taking all of 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 oftentimes with cash in your hand).
On the other hand, there are those investors that say they don’t charge any fees, HOWEVER, the truth of it is they aren’t real homebuyers… they are just trying to wholesale your house to another investor for a $5,000 fee… why deal with someone is only looking for a buyer (much like an agent) and doesn’t actually buy your house. You can avoid that risk and that extra cost and deal directly with a local cash buyer today.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them which puts you between a rock and a hard spot if you need to sell your house fast and can’t risk all that time sitting on the market.
The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) 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 6-12 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 cash home buyers that guarantee a sale for you.
Our company actually buys 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 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 to 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.
To add more… the offer we send you is our a 100% guaranteed offer to buy your house from you. Meaning, after we send you an offer we know for sure that we want to buy your property for THAT price we send you.
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 nor harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Interested To See What We Can Buy Your House For?
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No-Obligation All-Cash Offer
5 Ways To Stop or Avoid Foreclosure In Today’s Market – FREE Guide:
Need more information on the foreclosure process and How To Stop Foreclosure? Download our FREE Stop Foreclosure 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 avoid foreclosure or sell unwanted properties for cash.