Selling Is Easier Than You Think!
Learn Our 3 Easy Step Process
Step 1. Fill out this form. Or Call Us at 310-658-8252
Step 2: Once we get your details, we’ll get right to work evaluating your home to form an offer. Remember, getting an offer is FREE, and there are never any obligations!
Step 3: We’ll call you to give you your offer! We’ll ask you a few questions to understand your situation and structure the best deal possible for you.
That’s It! It Really Is That Easy…
How We Calculate Offers
“So how much am I going to get?” This is usually what everyone is most eager to know. For good reason, you want to get a fair price! So let’s break down how it works when we calculate how much we can actually pay.
things first: we use a simple formula. There are 4 different parts of the formula and we’ll cover what each part means and how we calculate them, but let’s first take a look at the overall formula
What does this mean?
Let’s break down each of the 4 different figures one by one, starting from the beginning…
- The After Repair Value (“ARV”), is the price we think we can sell the property for after it’s all fixed up. To find this number, we look at recent sales for similar homes in your neighborhood. Sites like Redfin and Zillow are great resources to look for comparable sales.
- Next is the cost of rehabbing the property (“Repairs”). This is what we estimate it would cost for us to fix it up. We like to do quick, in-and-out rehabs that keep our costs low instead of elaborate jobs – which is how we can pay more than the competition.
- After that, we consider the transaction costs (“Trans. Cost”). If we resell the property, we need to make sure we give ourselves room for the commissions, closing costs, and holding fees to come- which is usually about 10% of the ARV.
- Lastly, we determine our minimum profit (“Min. Profit”). Real estate is how we support and provide for our family and if we aren’t profitable, we wouldn’t get to stay in business so this is something we must factor in. Our minimum profit is dependent on the purchase price of the home. The higher we pay for a home, the more profit we need to make to offset the risks.
Let’s put this all together…
So we start with what we can potentially resell the property for (“ARV”), then deduct all of the repair costs, deduct the transaction costs, and minus out our profit… what is left is our maximum allowable offer – what we offer you for your piece of real estate!
All The Little Details Of How It Works
We buy without agents, so you will NOT pay commissions!
We purchase properties in any condition – no matter what’s wrong with the home, you don’t have to fix anything or even clean it.
We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
We pay cash – this way there are no hassles like working with a bank and doing inspections or appraisals.
We can close on your timetable – no matter how fast or slow you need!
We buy “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can pay more if you are willing to take the money over time.
Where Do We Buy Houses?
We buy houses all across the state of California!
But if you have a property you need to get rid of in another state, we’d love to still take a look! We have boots on the ground in several other markets and buy nationwide. Give us a call to see if we are in your area
Why We’re Better Than The Other Guys
We know you’ve got some options when you sell, so why work with us? Here are 3 reasons that make us stand apart from the competition.
We’re a family-owned business and we treat everyone we work with as an extension of our family. Learn more about our family team through our company page!
You won’t find another company with as many HAPPY reviews or testimonials from other verified sellers! See what others have to say about us on our reviews page.
We are 100% transparent about how it works – our processes are laid out and we show you our numbers!
Ready to get a cash offer for your house? Requesting an offer only takes two minutes and is completely FREE. Remember, there are never any obligations either! We promise you will never have to deal with a pushy salesman when you are dealing with us!