Frequently Asked Questions
Have questions? You’re not alone!
Below are some common questions we receive along with our answers. If you still have any questions, feel free to contact us anytime. We’re always happy to help.
Q: Will you list my house on the MLS or buy it directly?
A: Excellent question. We are not real estate agents, so we don’t list houses. At HouseQuote LLC, we are professional home buyers. We buy houses Atlanta that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: How are you different from a real estate agent?
A: Unlike agents who list homes and wait for buyers, we buy directly from homeowners. Agents typically take 4-6 months to find a buyer and charge a commission—usually 3-6% of the sale price. On a $100,000 home, that’s $3,000-$6,000 in fees. If you prefer to avoid long wait times and hefty commissions, we offer a faster solution. We can often decide to buy your house in just a few days, sometimes even the same day. We pay cash, take on the risk, handle any repairs, and market the property ourselves.
Agents provide a great service for those that can wait 4+ 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 buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even 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.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Atlanta Agent | SOLD To HouseQuote LLC | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you offer fair prices when purchasing properties?
A: While many of the properties we acquire are purchased below market value, this approach allows us to resell them at a profit, usually to another homeowner or investor. Our goal is to secure a fair discount on the property, providing both parties with a mutually beneficial outcome.
In our experience, many sellers aren’t necessarily expecting to make a significant profit or receive a “windfall” from the sale. Instead, they tend to value the convenience and certainty that we offer. For instance, we provide cash offers, eliminating the need to wait for financing approvals, which can speed up the closing process considerably. Additionally, sellers don’t have to spend time or money on repairs or worry about paying real estate agent commissions.
If your priority is to sell your home quickly and avoid the hassle of traditional selling methods, we may be able to reach an agreement on a price that benefits both of us. Rest assured, our process is transparent and comes with a no-obligation pricing commitment. This means you’re under no pressure to accept our offer. However, knowing what we can offer provides you with valuable insight, and you can make an informed decision about whether it’s the right move for you.
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 versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: That’s a great question, and we appreciate your interest in understanding our process. Determining the offer price for your home involves a comprehensive and transparent approach. Here’s how we go about it:
- Property Location: We start by examining the location of your property. Factors such as neighborhood desirability, proximity to amenities, and overall market trends in your area play a significant role in determining its value.
- Required Repairs and Updates: Next, we assess the condition of your home. This includes identifying any necessary repairs or renovations that could impact the property’s value. Homes that are well-maintained or recently updated typically command higher prices compared to those needing substantial work.
- Current Condition of the Property: We conduct a thorough evaluation of your property’s current state, including its structural integrity, interior and exterior condition, and any unique features or upgrades. This helps us gauge how your home compares to others in the market.
- Comparable Sales (Comps): We analyze recent sales of similar homes in your area, known as “comps.” This involves reviewing properties with similar characteristics, such as size, age, and style, that have sold recently. This data provides a benchmark for establishing a fair market value for your home.
- Market Trends and Data: Finally, we consider broader market trends and economic factors that could influence home values. This includes current real estate market conditions, interest rates, and any local or regional developments.
By taking all these factors into account, we aim to offer a price that reflects the true market value of your home while ensuring it meets both our needs and yours. We strive for a transparent and fair process to ensure you feel confident and satisfied with the offer.
Q: Are there any fees or commissions to work with you?
A: Unlike traditional real estate transactions, where sellers typically incur various fees and commissions, our process is designed to be straightforward and cost-effective. When you choose to sell your house directly to us, you will not face any fees or commissions. This contrasts sharply with the conventional method, where listing fees can amount to up to 6% of the sale price, significantly impacting your final proceeds.
Here’s how our process works: once you reach out to us, we will make you a fair cash offer for your property. If you agree to the offer, we will proceed with the purchase without any additional costs or hassles on your end. Moreover, we often cover the closing costs, further reducing your financial burden.
Our business model involves taking on the risks associated with property repairs and market fluctuations. After purchasing your home, we handle all necessary repairs and renovations, then sell the property to achieve a profit. This means that the responsibility for selling the home and making a profit lies with us, not with you.
By selling directly to us, you avoid the complexities of traditional selling methods, such as agent commissions, closing costs, and the uncertainty of a sale falling through. You walk away with cash in hand, free from the responsibilities of property ownership and its associated payments.
Q: Is there any obligation when I submit my information?
A: No, there is absolutely no obligation on your part when you submit your information. Our process is designed to be straightforward and transparent. Here’s how it works: Once you provide us with some details about your property, our team will review the information carefully. We may then arrange a call with you to gather any additional details that could help us make a fair evaluation. Based on this information, we will present you with a no-obligation, all-cash offer. This offer is crafted to be fair to both parties, ensuring that it reflects the value of your property and meets our business criteria. At this point, the decision to accept or decline our offer is entirely yours. There is no pressure or commitment required from you. You have the freedom to decide what’s best for you without any strings attached.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Atlanta homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 770-404-9439. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.