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. Although some of us are agents, we are not wanting to list your house. We are looking to buy homes to keep as rentals, or possibly homes that can be fixed up and sold to home buyers who want to live in the home. We buy houses in Kansas City that meet our purchasing criteria. And if a house doesn’t meet our criteria, many times we know another buyer who would love to buy it.
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 buyer). 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!)
And sometimes, with the options we are able to offer, we may be able to pay close to market value!
[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… and 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 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 purchase the home and sell it for a profit (we’re taking all of the risk 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 it’s payments… and often with cash in your hand).
Q: How are you different from a traditional real estate agent?
A: Most agents know of only one way to sell your home: list it on the Multiple Listing Service and hope a seller appears who will qualify for a traditional mortgage. The agent shows the properties to prospective buyers (if there are any) and then takes 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 $200,000 house, you’ll pay between $6,000 – $12,000 in commissions to an agent). Agents provide a great service for those that can wait 30 or more days to sell and who don’t mind giving up some of that sale price to pay for the commissions.But did you know that there are at least 9 different ways to sell your home? Of course, each way has it’s good points and bad points, and what works well in one sellers situation may not be best for another seller.
That’s where we’re different: we have dedicated our business to informing sellers of the options they have for selling their home. And while we are interested in buying your property, we want you to be fully aware of all your options – not just an option that works well for us as buyers.
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.
Q: What does selling my house for cash really mean?
A: You may think that selling your house for cash means that we will show up at your door with a briefcase full of crisp $100 bills. However, what buying a house with all cash really means is that we will not be going to a bank to get a traditional loan. Cash buyers usually have a source of funds that does not require an appraisal and long approval process, or they will use money they already have in a bank account that can be accessed quickly so you can sell your house fast. Instead of a stack of cash at closing, you will receive either a check or you can request your funds to be deposited directly into your bank account.
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Get the FREE Guide and then give us a call at (816) 401-3544 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.