Frequently Asked Questions
You probably have a bunch of questions. That’s okay; most people do. Selling a house is something that people do once, twice, or just a handful of times. As the real estate experts, we are here to ensure you’re comfortable and you have all of your questions answered. If you have additional questions, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: We are not real estate agents, we are professional home buyers. This means that if your property is a good fit for our buying criteria, we agree on fair price and terms for yourself and us, then it’s a prime candidates for what we do. After purchasing your property we will be making the repairs ourself and sell it as a flip property on the market or hold it as a rental if the numbers work for that. We buy houses all over British Columbia so you’re in good hands.
Q: Who are cash offers NOT for?
A: Sellers who are looking to get the most amount of money possible even if that means waiting months on the market going through buyers who have their financing fall through. Additionally cash offers are not for sellers who are willing to do all the upgrades necessary, sellers who are willing to tolerate tons of showings at inconvenient times, and sellers who don’t value a customized and personalized experience.
Q: How fast can you close?
A: Because we buy houses cash, we have more flexibility than a traditional retail buyer. We can close in as quick as a week in the most dire circumstances. If you do require a quick closing we just ask that you make it clear that you need that and communication is clear. In most cases it comes down to getting the necessary paperwork and having the notaries/lawyers work quickly enough to accommodate the required timelines.
Q: How are you different from a real estate agent?
A: Real estate agents are middlemen/women who take care of pictures, staging, listing your property on the open market, coordinating tons of showings, and work your property for months on the market to hopefully bring you an offer. With us you aren’t paying 4-6% in agent commissions, your house is not on the open market because we buy it directly from you and we move at your pace. It’s just you and our company. Seller’s who choose to work with us typically have some reason for why they can’t or don’t want to work with a real estate agent. If you have no issue waiting for months and handling the showings, an agent may be a better fit for you.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A British Columbia Agent | SOLD To British Columbia Property Buyers | |
|---|---|---|
| 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 pay fair prices for properties?
A: For the sellers who require a cash solution, they typically find that we are more than fair. We go above to provide additional options and additional benefits beyond price. For the sellers who ONLY are concerned with getting the most amount of money, we are likely not the bet fit. Many houses we buy are not purchased for top dollar, otherwise we wouldn’t make any money as a business. The sellers we work with are typically not expecting a ton of money, rather, they appreciate all of the additional benefits we provide such as as-is purchasing, offering cash, closing on their timeline (whether a week or a few months), no agent commissions. If that sounds like you, fill in one of the forms on our site and we will be happy to help you too!
Q: My house is a mess, will you give me time to clean it and should I do that first?
A: We find that most sellers who work with us value the fact that they can leave the home in any condition (and we mean it!). Dirty toilets? Infestation? Hoarding? Garbage? We’ve seen it all! Skip the hassle of cleaning and reach out to us so that you don’t have to. Because we aren’t realtors, we don’t expect you to do the things that a realtor would.
Q: My house is currently listed with a realtor are you willing to buy it?
A: As cash buyers we are looking to buy houses off the market from sellers who value a hassle-free private cash sale. If you’ve already listed the house on the market, that communicates to us that you are looking to get top dollar for the property and likely will not value the additional services and flexibility that we provide as a cash buyer. Should you choose to cancel the listing and remove the property from the market we can re-explore your options at that time. Sellers that we work with typically can’t or don’t want to list their house on the market so you simply may not be the right seller for a cash offer.
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: We don’t keep this a secret. With British Columbia Property Buyers this is very simple and straightforward. First we identify the city, the neighbourhood, what work needs to be done to the property, and what we may be able to resell it for later when it is fixed up and pretty. From there we deduct all other costs such as transfer taxes, holding costs while we flip the property, and any other factors that could affect resale such as a declining market. Our research team considers all of these factors and works to 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 what we do truly shine. Because there are no real estate commissions or fees of any kind when you sell directly to us, your offer is always net. to you. With a traditional sale you never truly know what you’re going to get as there are commissions, staging, concessions, and other costs that end up coming out of your pocket. We make all of our money when we fix up the house (hopefully) as there is a lot of risk in flipping houses. We take out our magic wand and take away your problem property while you get cash in the bank; no more payments, no more worries.
Q: Is there any obligation when I submit my information?
A: There is no obligation whatsoever. We understand that sellers come in all shapes and sizes. Some are 100% certain that they want to sell for cash, others are still deciding whether they should go with an agent or not, and still others doubt they will sell for cash but are just curious to know what the option could look like before they commit. All three are just as valued and we love to serve everyone we connect with EVEN if we don’t end up working together! Simply tell us about your property in one of our forms, we will then connect on a call if it meets our criteria, and then we can make an all-cash offer that’s fair for you and fair for us…and if not, we will still provide you other options to help.
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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 British Columbia homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (604) 900-5577. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.