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. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Baton Rouge that meet our purchasing criteria. Our goal is to modernize your home and turn it into a rental for a new family to move into. In some cases, we’ll repair the house and resell it to another homeowner.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value because they require either a significant rehab, upgrade, or quick as-is closing. We’ll do our best to understand your situation, research comparable sales, and discount our time, effort, and expense we’ll have to pay our team to get the property in the condition we like. These all factor into what we can pay for your home and we believe they are very fair prices. If you’re curious what we would pay for your home, contact us (or give us a call). Our no-obligation pricing commitment means we’ll put an offer in your hands and you’ll decide if its right for your situation.
[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. However, we’re not a huge corporation so it’s not as simple as Zillow’s Zestimate minus repairs (we wish it was that easy). We have to factor in our time to get the property rent ready, the cost of money (we typically pay 8-9% to our lenders during the rehab), and other miscellaneous costs like taxes and insurance. If you’re curious about your home specifically, we’ll walk you through exactly how we come up with our 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 (we’ll even 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 later on down the road.
Q: How are you different from a real estate agent?
A: 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).
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 or harass you… we’ll let you decide what’s right for you.
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Get the FREE Guide and then give us a call at (225) 570-4468 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.