Frequently Asked Questions
Your home has got to be one of, if not your most prized possession. And if of utmost importance that you guard it. Thus, we understand if you are skeptical about selling to us and have a lot of questions about how we operate.
In line with this, we have committed time to provide satisfactory answers to common questions people ask when selling to cash buyers like us. So please indulge us by reading through the answers below. And if after reading you still have further questions, or you’re still in doubt, please do well to contact us.
Q: Do you intend to buy my property, or are you going to list it on the MLS?
A: We are professional investors who profit by purchasing homes for cash. When we buy properties, we make necessary repairs and resell them at a higher price. Alternatively, we may keep it as a rental property. Thus, we have no intention of listing your house on the MLS, especially since we are not real estate agents. Instead, we buy directly and give you your money in cash.
Q: Do you pay fair prices for properties?
A: Great question. We make a reasonable offer that suits you — the seller — and our business. Nevada Cash Offer is a profit-making business, so we buy below market value giving you fast and convenient service in exchange.
Our offers make room for repair expenses and token for profit when we sell to other homeowners. In return, we don’t charge you any hidden fees, closing costs or request contingencies. And we get your money in your hands within a week – no waiting or finance approval.
At the end of the day, both parties are happy. Most sellers don’t expect to sell at market value and are content with our offer. Finally, you’re free to move ahead if our cash offer is below expectations.
Q: How do you arrive at your offer price for my house?
A: We follow a simple process to make an offer that’s beneficial regardless of your situation. This process guides all our transactions, except in cases where you owe way too much on your mortgage.
That said, we consider your home’s After Repair Value, deduct the cost of repairs, and our minimum profit to make an offer. These only take away about 30% off your house’s fair market value.
Q: Is working with you subject to any charges?
A: We pride ourselves on delivering top-notch service at no cost to you. No agent fees. No selling commission. And no hassle. Before we send you an offer, we work out everything down to our profit. It is only after we spruce up your house that we get to make any money.
Consequently, you’ll receive a lower offer than your home’s market value. But since we are buying as-is, for no fees, and 90% faster, our clients don’t mind.
Q: How are you different from a real estate agent?
A: It’s simple. Real estate agents list your property on the MLS and wait for people to make an offer. And they’ll recommend that you renovate and stage your house to receive offers close to or above market value. Estate agents also charge commission for their services. It is usually between 3%-6% of the final sale price. So, if you sell for $150,000, you’re shelling out about $4,500 to $9,000 – excluding repair and staging fees – as realtor commission.
On the other hand, we at Nevada Cash Offer are quite the opposite.
We will buy your house for cash from you directly in one to three weeks. And we charge zero fees before or after the sale. Our expenses and risks go into our offer. So what you see is what you get. Like the offer? We’ll write you a check in 7 days unless there’s an issue with the title.
Q: Does submitting my property information mean I must compulsorily sell to you?
A: No, not all. You’re not obligated to sell your house or pay an application fee when you submit your house info. In fact, we urge you to do this to explore options to sell your house. It will help you weigh the pros and cons of selling your house fast with us, an agent or yourself.
If there’s any obligation, it is to prepare yourself to receive a fair cash offer in a day or two. After that, it’s solely your choice to accept or reject the offer.