Will you be listing my house on the MLS or actually buying it?

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Calgary that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Do you pay fair prices for properties?

Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. 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 of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s 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!)

How do you determine the price to offer on my house?

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. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Are there any fees or commissions to work with you?

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 often pay for 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 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 often with cash in your hand).

How are you different from a real estate agent?

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 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 not agents, we’re home buyers. Our company actually buys houses. We don’t list 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 of 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).

Is there any obligation when I submit my info?

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.

Benefits of Selling To a Cash Buyer

Selling a property can be a complicated and stressful process, especially when it comes to finding the right buyer. With so many options to choose from, it’s important to understand the benefits of selling to a cash buyer. Cash buyers offer a quick and convenient solution for selling a property and can often provide numerous benefits for both the buyer and the seller. In this blog post, we’ll take a closer look at the advantages of selling to a cash buyer.

Benefits of Selling To a Cash Buyer

Quick and Efficient Sales Process

One of the biggest benefits of selling to a cash buyer is the speed of the sales process. Unlike traditional buyers who have to go through a lending process, cash buyers have the funds readily available to purchase your property. This means that you can often complete the sale in a matter of days, rather than waiting weeks or even months for the sale to go through. This is especially important if you need to sell your property quickly due to a financial or personal emergency.

No Contingencies

Cash buyers have the advantage of eliminating all contingencies when selling a house. Contingencies are clauses in a real estate contract that allow the buyer to back out of the deal under certain conditions, such as failing to secure financing or failing to sell their current property. With a cash buyer, there are no contingencies, which reduces the risk of the sale falling through and allows you to move forward with confidence.

Repairs And Renovations Are Not Necessary

Cash buyers are typically not concerned with the cosmetic appearance of a property, so there is no need to make repairs or renovations before selling. This is a major advantage for sellers who don’t have the time, money, or energy to make these improvements. Instead, you can sell your property as-is, which will save you time and money in the long run.

Preventing Foreclosure

If you’re facing a foreclosure, selling to a cash buyer can be a lifesaver. A cash buyer can complete the sale quickly, which will allow you to avoid the stigma and financial consequences of a foreclosure. This is a much better option than waiting for the bank to foreclose on your property, which will negatively impact your credit score and make it difficult to purchase another property in the future.

Avoiding Real Estate Agent Fees

When you sell to a cash buyer, there is no need to pay a real estate agent. Real estate agents typically charge a commission fee, which can be a significant expense when selling a property. By avoiding this expense, you’ll be able to keep more of the sale proceeds, which can be especially important if you’re facing financial difficulties.

More Control Over the Sale

Selling to a cash buyer also gives you more control over the sale. You can negotiate the terms of the sale directly with the buyer, which allows you to set the price and closing date that works best for you. This can be especially important if you need to sell your property quickly or if you’re facing a financial emergency.

No Appraisal or Inspection Issues

When you sell to a cash buyer, there is no need for an appraisal or inspection. This means that you won’t have to worry about any issues that may arise during the appraisal or inspection process, such as a low appraisal value or repairs that need to be made. This eliminates a major roadblock in the sales process and allows you to move forward with confidence.

Closing Costs are Often Lower

Another advantage of selling to a cash buyer is that closing costs are often lower. Since there is no need for an appraisal or inspection, you won’t have to pay for these expenses. Additionally, cash buyers often pay their own closing costs, which can save you money and reduce your financial burden

Traditional home selling Vs Selling home to Cash buyers

When it comes to selling a home, there are two main options: traditional home selling and home selling for cash. While both methods can ultimately lead to a successful sale, each has its own set of benefits and drawbacks. Understanding the key differences between traditional home selling and home selling for cash can help you make an informed decision about which option is best for you.

Listing Your Property

Traditional home selling involves listing your property with a real estate agent and marketing it to potential buyers. This process can take several months or even years, as you wait for the right buyer to come along. In many cases, the buyer will require financing, which adds an extra layer of complexity to the process. The buyer will also usually want to conduct an appraisal and an inspection of the property, which can delay the sale and even result in the buyer backing out of the deal if the results are unsatisfactory.

Home selling for cash, on the other hand, involves selling your property directly to a cash buyer, who will make you an offer based on the current market value of the property. This process can be completed much more quickly, often in just a matter of days, and without the need for financing. This makes home selling for cash an ideal option for those who need to sell their property quickly, such as in the case of a financial emergency or a move to a new location.

The Price You Can Expect

Another key difference between traditional home selling and home selling for cash is the amount of money you’ll receive for your property. When selling through traditional means, you’ll typically receive a higher price for your property, but you’ll also have to pay various expenses, such as real estate agent fees, appraisal and inspection fees, and closing costs. When selling for cash, you may receive a lower price for your property, but you won’t have to pay these expenses, which means that you’ll keep more of the sale proceeds.

In order to increase your home’s market value, traditional home selling usually requires you to make repairs and renovations. The process can be time-consuming and expensive, especially if you have financial difficulties. With home selling for cash, however, you can sell your property as-is, without having to make any repairs or renovations. This can save you time and money, and is a major advantage for those who don’t have the resources to make these improvements.

Negotiation Process

A traditional home sale involves back-and-forth negotiations between the buyer and seller, with the real estate agent serving as a mediator. This can be a lengthy and stressful process, as both parties try to reach an agreement that is satisfactory to both sides. However, when selling a home for cash, the negotiation process is usually much simpler, since the buyer will typically make a fair and straightforward offer.

Finally, it’s worth noting that traditional home selling often requires a significant amount of time and effort on the part of the seller. This includes preparing the property for sale, such as cleaning and decluttering, and taking the time to show the property to potential buyers. When selling a house for cash, however, the process is much simpler, because the cash buyer is usually ready to buy the house as-is.

Final Words

In conclusion, both traditional home selling and home selling for cash have their own unique benefits and drawbacks. If you’re looking to receive the highest price for your property and have the time and resources to make improvements, traditional home selling may be the best option for you. However, if you’re facing a financial emergency or need to sell your property quickly, home selling for cash may be the better choice. Ultimately, the right option will depend on your individual circumstances and needs.

FAQs

Can I get a fair price when selling my house for cash?

Yes, you can get a fair price when selling your house for cash. While cash buyers typically look for deals and purchase at a discount, they still consider market value and the condition of the property.

If you are looking to sell quickly, a cash offer may be the best option for you, as it eliminates the risk of the sale falling through due to financing issues.

What types of properties are suitable for cash sales?

Any type of property can be sold for cash, including residential homes, commercial properties, land, and multi-unit properties. Cash buyers are often looking for properties that are in need of repair or renovation, but any property in any condition can be sold for cash.

What should I look for in a cash buyer for my property?

When selecting a cash buyer for your property, it is important to look for a reputable and reliable buyer who has a proven track record of closing deals quickly and fairly. You should also look for a buyer who is transparent and open about their buying process and the terms of the sale.