Frequently Asked Questions
Never heard of a home buying company? We get it you probably have a few questions. That’s okay; most people do. Below is list of some of the most common questions people ask us. If you have a question you don’t see listed below, by all means contact us (or give us a call 630-387-6861) and we’ll be happy to cover it.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. Although we are licensed real estate broker’s we don’t list houses for sellers. We are professional home buyers in Chicago that are looking to buy property 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: We have to purchase your property at a price that will allow us to make the necessary improvements, repairs, and realize a profit when we sell it to the new owner. We’ll have to purchase the property at a discount so that we can turn a profit at the end of day. However, we offer you the opportunity to sell your home as-is, fast, and with flexible terms that meet your needs. We’ll do all the work so you can focus your time elsewhere.
[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: We’ll evaluate the location, condition, and features of your home in relation to the other homes in the area and present you with a fair cash offer.
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 to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll 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 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 real estate agent?
A: al 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 5+ months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is a percentage of the sale price of your house (so if it’s a $100,000 house, you’ll pay $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 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: No. There is ZERO obligation to our fast, quick close offer. After you receive the offer it is 100% your choice whether or not you would like to sell us the property. We want to let you decide what is best for and will never hassle or harass you after an offer is made.
Q: How long does it take to get an offer?
In some cases, we are able to give you an offer on the spot after touring your property and in other cases we’ll present an offer no later than 24 hours after touring your property in person. Depending on your availability to show the property this can be as soon as 24 hours from contacting us.
Q: How can you buy my house so quickly?
As experienced real estate developers we have purchased many homes and have streamlined the purchase process over the years. Being a cash buyer allows us to eliminate the need for the approval from the bank which can be a complicated and time-consuming process.
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Get the FREE Guide and then give us a call at 630-387-6861 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.