Here are some frequently asked questions from sellers. If you don’t find the answer you need, please contact us at (901) 979-9929 or fill out our “Contact Us” form; we’ll gladly assist you.
1. How is using buyerhouse different from selling my house with the help of a real estate agent?
In the traditional real estate model, a professional manages your home sale using tools like the MLS to attract buyers, often requiring multiple viewings over weeks or months. After the sale, you might incur title fees, closing expenses, and agent commissions.
In contrast, we offer a faster alternative. We either buy your property for cash or connect you with buyers who can do the same. We then renovate and reintroduce the property to the market to generate profit, supporting our business. When you sell to us, we cover inspection and closing costs with no commissions, ensuring a quicker sale and a smoother experience.
2. How do I know this is the best course of action for me?
Selling your property through traditional real estate methods can be complex and time-consuming. It often involves inspections, repairs, and multiple buyers, which can lead to fluctuating asking prices due to negotiation on repair costs.
We offer a more streamlined solution. We evaluate your situation, cover all selling costs, and present a fair offer to facilitate a quick sale. Even if your property is in great condition, a fast sale might still be advantageous. After assessing your property, we can help determine if working with a traditional real estate agent suits your needs better.
3. Who are you?
At buyerhouse, we are proud of our strong reputation in the real estate industry. With a proven history of assisting numerous sellers, we understand the significance of selling a home and are committed to providing personalized solutions to meet your needs. Our extensive network of investors enables us to find the best options for you, ensuring a smooth transaction.
Transparency is a key value for us. We offer honest property assessments and collaborate closely with you to achieve the best results. We are open to exploring alternative solutions if our initial offer doesn’t fully meet your expectations. There’s no obligation to work with us; we only purchase properties that align with our criteria. For more details about our services, please visit our Company page. We are dedicated to reliability, clear communication, and applying our expertise in every interaction.
4. How does it work?
At our company, we simplify the property selling process by eliminating intermediaries like real estate agents, lenders, appraisers, and inspectors. We offer quick, hassle-free cash purchases for various types of properties, including houses, condos, apartments, and land, regardless of their condition or location.
Here’s how our process works: We begin with a comprehensive market analysis to assess your property’s value after renovations to HGTV standards. Next, we conduct a detailed inspection to identify needed repairs and estimate their costs. We include a modest profit margin to support our operations while ensuring a fair deal for all parties. We prioritize transparency, providing a clear breakdown of the entire transaction.
By choosing our services, you avoid the costs and hassles associated with traditional real estate, such as property showings, open houses, multiple inspections, and lengthy listings. For more information on our all-cash, as-is transactions, visit our How it Works page. Feel free to call or text us at (901) 979-9929. Even if we can’t purchase your property, we’re here to support your selling efforts!
5. Why should I choose your company?
Our service’s core is a deep commitment to trust and transparency. We provide clear, detailed analyses so you fully understand the proposed price and potential profit. We aim to offer you the best payment for your property while highlighting the time and financial benefits of selling to us.
In Tennessee, our reputation is built on honesty and fairness, establishing us as a trusted leader in cash home buying. We prioritize integrity and respect, focusing on your timeline, addressing your concerns, and meeting your needs. With the support of a strong network of investors and partners, we ensure a smooth and efficient transition to the next chapter of your life.
6. What do you do with my house once you buy it?
Once we acquire your property, we quickly initiate the refurbishment process, taking care of all necessary repairs and renovations to meet HGTV standards. We collaborate with a trusted agent to list and manage the sale of the property. We cover all associated expenses, including repairs, closing costs, fees, and commissions. Our aim is to achieve a reasonable profit, enabling us to assist other clients with their property sales. We take pride in enhancing communities and boosting the local economy by increasing neighborhood values across the state.
7. How many houses do you buy?
Our business strategy emphasizes acquiring multiple properties, which allows us to offer competitive pricing. Although we work with narrower profit margins, our broad client base amplifies the overall impact, benefiting all parties involved. This approach helps us support a diverse range of individuals and make a positive impact on the communities we serve. If a direct purchase of your property isn’t feasible, one of our investment partners may be able to assist. We work with experienced professionals in the house flipping industry and reputable local attorneys to ensure a smooth and efficient closing process.
8. How is the price you pay for my house determined?
Our process starts with evaluating your property’s after-repair value (ARV), which reflects its potential market value post-renovation. A specialist will assess on-site to estimate repair and refurbishment costs accurately. We consider renovation expenses and all costs related to selling the property. Although we use real estate agents to list the property after purchase, selling directly to us eliminates agent fees. We also cover holding, closing costs, fees, taxes, and commissions, which usually total around 10% of the ARV.
We then deduct repair, refurbishment, and selling costs, along with our minimum profit margin, to present you with a fair offer. This offer is often competitive compared to traditional selling methods, given the additional expenses of working with an agent. By choosing our services, you benefit from a prompt cash payment and avoid the delays and challenges of selling through an agent.
9. Do you pay a fair price?
Our core principles focus on upholding an impeccable reputation and conducting transactions with the highest integrity. We are dedicated to providing fair and transparent pricing. Transparency is central to our approach, so we offer clear calculations detailing every aspect of the pricing process. This ensures you understand how each dollar is allocated and the reasoning behind our offer. We thoroughly evaluate your property’s market value, including necessary repairs, renovations, and associated selling costs. After this detailed assessment, we apply our modest commission to determine the final cash offer for your property.
10. Do I need to clean my house before you buy it?
A significant benefit of our process is the peace of mind it provides. You don’t need to worry about cleaning or repairing your property—just leave it as is, and we’ll take care of everything once we purchase your home. This convenience is a key advantage that our clients truly value in our streamlined selling process.
11. Will you still buy my house if it is in poor condition?
House flipping is a key element of our business strategy. We enhance the market value of properties through essential repairs and improvements after acquisition, relieving you of these responsibilities. This often results in a selling price similar to what you’d receive from us but without the extended challenges. While transactions typically take about a month, we can occasionally expedite the process to just two to three weeks. We aim to simplify the property selling process and ensure a smooth experience for you.
12. Wouldn’t listing my house with an agent on MLS be easier?
Engaging a real estate agent and listing your property on multiple platforms can be effective, but it often involves a lengthy and complex process. Managing potential buyers, accommodating appraisers and inspectors, and handling repairs can be both exhausting and time-consuming as you aim for your desired price.
While renovations might increase your asking price, they have significant costs and responsibilities. Hosting open houses, dealing with price reductions after weeks or months without offers, and navigating a prolonged closing process can be overwhelming.
Alternatively, we offer a fast and hassle-free solution for a cash sale. Our approach ensures a swift transaction, allowing you to move forward in your life without unnecessary delays or concerns.
13. Will you list my house on the MLS?
Our firm takes a unique approach to property transactions. Rather than listing your property on the MLS or simply acting as real estate agents, we buy properties directly. We work with you to develop an offer that best suits your needs and preferences. From start to finish, we handle every detail of the transaction. After acquiring your property, we manage all repairs and renovations before reselling it for a profit. Our goal is efficiency, ensuring you receive cash quickly and without delays. Additionally, we provide clear and detailed explanations of our offer calculations so you are fully informed and satisfied with the outcome.
14. Should I just list my house with an agent?
Hiring a real estate agent can be a good choice, especially if their services align with your timeline and repair needs. However, this option often involves a lengthy process with multiple showings, inspections, and financing challenges that can delay the sale for months. If you prefer a faster, more streamlined solution, buyerhouse can assist. We provide a smooth, expertly managed experience with quick transactions and immediate cash payments. Our approach eliminates the typical pressures of traditional selling methods, ensuring a hassle-free process for you.
15. How do I sell my house quickly for cash?
We specialize in quickly acquiring properties for cash. Our process starts with a detailed discussion about your property and its location to determine its maximum market value. We then perform a thorough walkthrough to evaluate any needed repairs and renovations. We factor these costs, along with selling expenses, into our offer, including our fair share.
After this assessment, we present a competitive offer. A major benefit of our service is the ability to complete the transaction in as little as 21 days, giving you swift access to cash. This method bypasses the lengthy waiting periods and complexities commonly associated with real estate agents and property listings.
16. Do I have to pay fees and commissions if I work with you?
When you work with us, there are no fees or commissions to worry about, unlike with traditional real estate agents. Fees and commissions only apply when we resell the property after acquiring it from you.
Our pricing process is simple and consists of three steps: first, we determine your property’s market value; second, we assess the costs of repairs, renovations, selling, and our profit; and third, we calculate and present our offer. Once you approve, we select a closing date together and manage all paperwork with the assistance of a trusted local attorney. This streamlined approach allows you to sell your property quickly and receive cash with no additional expenses.
17. Am I obligated to do business with you once I complete the form?
After completing the form, you are not obligated to continue with us. If you decide that our service isn’t the right fit, you won’t incur any costs. While we believe you’ll find our service valuable, we respect your decision to explore other options.
Our primary goal is to help you find the solution that best meets your needs. We only earn from the profit made after purchasing and reselling your property.
We provide detailed answers to frequently asked questions. If your question isn’t addressed, please contact us; we’ll gladly assist you further.