Real estate agents list properties and pay to market them in the hopes of securing a buyer. An agent shows the property to prospects (if there are any) and then takes a percentage of the sale price once the deal closes. Oftentimes, an agent’s commission is 3-6% of the sale price of your house, so for a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent.
Agents provide a great service for homeowners who can wait weeks or months to sell and who don’t mind giving up some of that sale price to pay the agent commissions. But that’s where we’re different: We’re not agents, we’re professional home buyers. Our company actually buys your house directly from you, and we pay with all cash. Because we have the financing already available, we can make a decision to buy your house within 24 hours, and oftentimes close the deal in under 7 days. We make our profit by taking the risk to buy the house with our own cash, repair the house, and then market it ourselves to find a buyer or rentor.