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 Connecticut that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
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.
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. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
At Sold Today, we employ a comprehensive approach to determine a fair and competitive offer for your house. Here’s a breakdown of our pricing process:
Property Evaluation: Our team conducts a detailed assessment of your property, considering its size, condition, location, and unique features. This evaluation forms the foundation for our offer.
Market Analysis: We analyze current market conditions in your area. This involves studying recent sales of similar properties, assessing market trends, and understanding the demand for homes in your neighborhood.
Repair Costs: If any repairs or renovations are needed, we factor in the associated costs. Our goal is to provide you with a fair offer that considers both the current condition of the property and any necessary improvements.
Comparable Sales: We closely examine comparable sales (comps) to understand the price range for similar properties. This helps ensure that our offer aligns with the market and reflects the true value of your house.
Local Real Estate Expertise: Our team, armed with local real estate expertise, understands the nuances of your specific market. This knowledge allows us to make informed decisions and offer a price that is competitive and fair.
Your Unique Situation: We take into account any unique aspects of your situation, such as the urgency of the sale or specific terms you may require. Our goal is to tailor our offer to meet your needs.
- Throughout the process, we maintain transparent communication. If you have questions or concerns about our pricing, we’re here to address them. Our aim is to ensure that you feel confident and comfortable with the offer we present.
Your Satisfaction Matters:
- Your satisfaction is our priority. We are committed to providing a fair and reasonable offer that reflects the true value of your property. If you’re ready to sell, contact us for a personalized evaluation and 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 (and we’ll often 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 (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).
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). 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 (which is the hard part in this market).
Here’s where we differ:
We’re Buyers, Not Agents: We’re not here to list your property; we’re here to buy it. As direct home buyers, we streamline the selling process, eliminating the wait and uncertainty.
Swift Decision-Making: We can make a decision to buy your house within a couple of hours, sometimes even the same day. No waiting for a buyer to come along.
Cash Transactions: We pay with all cash. This means a faster, more reliable transaction without the delays and uncertainties associated with traditional financing.
No Commissions: You won’t pay hefty commissions. Since we’re not agents, there are no commissions involved. You receive the full agreed-upon amount for your house.
Risk-Taking Buyers: We take the risk by buying the house with our own cash, handling repairs, and marketing it ourselves. Our focus is on making the process seamless for you.
Our business revolves around buying houses efficiently and providing sellers with a hassle-free experience. If you’re looking for a quick, straightforward sale without the traditional listing process, we’re here for you.
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 you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
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Learn The Pros and Cons Of Selling Your House To Local Professional Home Buyer– FREE Guide:
Download our FREE Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash.
Get the FREE Guide and then give us a call at 203-403-6404 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.