Frequently Asked Questions
Maybe you have a few questions. No problem! 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 buying it! We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Reno that meet our purchasing criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Absoultely. We underwrite all of our purcahses in the same way: using market data, repair costs, and a required return on investment. Although many of the houses we purchase seem to be below market value, our Sellers have found that the only difference between our offer and listing the propetry on the MLS is our profit for assuming the property as-is (and all of the risk that comes with it), completing the remodel, dealing with picky, retail buyers, and providing a seamless and quick closing with no fees or commisions to pay.
[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.
Q: Are there any fees or commissions to work with you?
A: Nope! 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 even pay for the closing costs too!). No hassle. No fees. Close on the day of your choice.
Q: How are you different from a real estate agent?
A: We’re actually buying your house, not listing it on the market. An agent shows the properties to prospective buyers if there are any (the average days on market for non-distressed propety in Northern Nevada is right around 60 days) and then take a percentage of the sale price if they find a buyer. Typically, the agent’s commission is 5-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $5,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait to sell and for proeprties that don’t require any repairs. But that’s where we’re different: We’re not agents, we’re home buyers. Our company 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 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.
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Get the FREE Guide and then give us a call at (775) 600-4506 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.