Frequently Asked Questions
Do you have a few questions for us? Most people do! That’s why we created this page. We’ve addressed some of the most common questions that sellers have. If you can’t find the answer to one of your questions, give us a call and we’ll be happy to discuss it with you. We care about homeowners and want to help you make an informed decision for your property.
Q: Will you be selling my house on the MLS or buying it from me?
A: We are not real estate agents, and we do not list houses on the MLS or any other real estate listing sites. We are a team of professional home buyers that buy homes in Philadelphia. We accept ALL properties, regardless of the condition they are in. If the house meets our criteria, we will give you a fair cash offer. Then, we will fix the home and resell it to someone else or keep it as a rental property.
Q: Do you offer fair prices on your properties?
A: We do purchase most properties below market value so that we are able to fix it up and resell it for a profit. Although we are getting a discount on our properties, it makes financial sense for many sellers. There is no waiting on financing, no obligation to fix up the property, no commissions to pay, etc. Our cash offer is fair and allows you to close on the home and part ways on your timeline. And, if you don’t like the offer, you don’t have to accept it. We will understand!
Q: How do you determine a fair price for my home?
A: We know this is one of the most important questions for sellers. You want to know that you’re getting a fair cash offer on your home, and we couldn’t agree more. This is why we’re an open book. We have nothing to hide and we want you to feel confident in accepting our offer.
When determining an offer, we look at the location of the property, the condition of the property and what repairs are needed to resell it. We also assess the comparables in your area, or homes that have recently sold. Then we come up with a number that works for you and us. It’s a two-way street.
Q: How are you different from a real estate agent?
A: Real estate agents list homes that people want to sell. Realtors provide many services, such as making recommendations to sell the home faster, listing the home on various real estate sites and showing the home to prospective buyers. For this work, they are given a commision on the sale of the home, which is usually around 6%.
We are not real estate agents. We are home buyers, so we will buy your home from you. We don’t list homes or finance our purchase. Everything moves quickly because we know what we’re looking for and we have the cash on hand.
Q: Do you charge any fees or commissions?
A: This is one of those situations where it’s as good as it sounds! There are NO fees or commissions when selling your house to us. We’ll make you an offer, and if you’re happy with it, we can move forward with the closing process. We usually pay the closing costs, too, and we handle all repairs and maintenance that the home may need. Even our cash offers are free and always will be.
Q: If I request a cash offer, is there any obligation to work with you?
Our cash offers are friendly, free and no pressure. There is no obligation to you, which means there is no risk in reaching out to us! All we need is a few details about the property and we’ll make you an all-cash offer that you can accept or deny. From that point forward, the ball is in your court. We will not call and bother you or pressure you to accept the offer. This is your home – your property – and you deserve to make a decision that you feel good about.
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Get the FREE Guide and then give us a call at 267-636-0200 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.