Frequently Asked Questions
Maybe you have a few questions. Not a problem, we find that most people do. We have gathered some of our “best hits” here for your reading pleasure. If after reading these, you still have a question, no problem. Please feel free to contact us anytime. We will be happy to answer any remaining questions for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: Also an excellent question! We aren’t actually real estate agents, but real estate investors. This means we don’t put houses on the market for our clients. We buy them, fix them up, then flip them to turn a profit. We buy houses in Chicago that line up with our qualifiers. After that, we fix it up to list it or maintain it as a rental property ourselves.
Q: Do you pay fair prices for properties?
A: It is true that we usually purchase houses at less than their maximum retail value. This is so we can eventually turn a profit when we flip and resell it. Ideally, we are buying at a nice discount. However, you can ask our clients, we still offer a beneficial service. You see, many people still find our fast and straightforward process appealing. We also can offer a cash payment. You also won’t have to deal with fixing up the house at all or repairing it. Nor will you need to deal with a lengthy and time-consuming selling process. If you are looking for a fast and convenient process, one that won’t require you to shell out your valuable dollars just to sell your house, try us out. We’d love to see if we can come to a mutually beneficial agreement!
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: This is also an excellent question. We are happy to explain this. We have a simple process for pricing out houses. We will consider where the house is, how many repairs it needs, the condition it is in, and what nearby houses have been selling for. All of this will be taken into account when we come up with an offer amount for your property. We will also be more than happy to explain and break down your offer for you once it is prepared.
Q: Are there any fees or commissions to work with you?
A: Here is a big difference between us and a typical real estate agent. We don’t EVER charge fees or commissions for our services. This is one of the big benefits of working directly with a home buying company like Sell My Home Fast Chicago. You can skip the middle man of the real estate agent entirely! This saves you thousands of dollars. How it works is, that we put together your offer and you can decide to take it or not. If you like it, we can close the deal on whatever date you’d prefer. We hope to make money after working on your house and fixing it up to relist it and sell it for a profit. We don’t make money just by buying your house. The cost of renovations and repairs is all on us.
Q: How are you different from a real estate agent?
A: In a typical real estate sale, the agent will list the property and hope that they can find a buyer for it. Later on, the agent shows the house to potential buyers, if they can find some. The agent profits by charging a commission and closing cost to the client. This is usually 2-6% or so of the sale price. A real estate agent does provide a valuable service and one that you will definitely pay for!
Selling a house via a real estate agent is great if you have the time on hand to wait for a sale. What if you don’t though? Think of it, paying for the mortgage, utilizes, and more while waiting to hopefully get a good offer. You’ll also need to pay some of the sale profit to your agent for their services. Working with us is much different though. You won’t need to wait on our offer since it will be prepared almost right away!
Q: Is there any obligation when I submit my information?
A: There is never any obligation for you to accept our offer. Get in touch and tell us just a bit about the property in question. We will check it out and research it. We might want to schedule a call with you to learn a bit more about the house. Your all-cash offer will be ready in one day. It is free to get and comes with no pressure to accept. After that, you are free to decide if you’d like to take our offer or walk away. We don’t want to push you into a decision either way.
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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 complimentary Situation Evaluation. We will glance over your situation and let you know if we think we can help, and how. Learn more about how we help Chicago homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (773) 360-3470 . We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.