Will you be listing my house on the MLS or actually buying it?

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses in Wichita and the surrounding areas in Kansas that meet our purchasing criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.

Do you pay fair prices for properties?

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!)

How do you determine the price to offer on my house?

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 the values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Are there any fees or commissions to work with you?

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 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 all of 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).

How are you different from a real estate agent?

Real estate agents or realtors 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 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).

Is there any obligation when I submit my info?

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.

5 Costs To Expect With A Traditional Sale of Your Wichita House

There are a number of costs to expect with a traditional sale of your Wichita home. Find out if working with an agent is really the right choice for your situation and property in our latest post!

Working with a real estate agent in Wichita to sell your house isn’t always worth it. When you factor in the costs, time, and effort required on your part, you may find that an alternative method of selling is the better choice for you. Below, we list five major costs you should be prepared for if you choose to sell your house in the traditional way.

Repairs

When selling your house in Wichita, it will likely require you to make some repairs. The small things in your house that need touching up can add up fast. And if your house needs major repairs, the costs will obviously grow much higher. Once the house is listed and an offer is eventually made, your potential buyer will pay to have an inspection done for the property. If all checks out, great! However, many times the buyer will come back with newly discovered repair costs they will request that you credit them for the amount of the repair or fix the item yourself before the property closes.

Professional Cleaning

When putting your house on the MLS in Wichita, you’ll want to put your best foot forward. Even for the cleanest people out there, this may require the services of a professional cleaning crew to come through. Or maybe you need to hire people to come in and clean the carpets, powerwash the outside, or to rejuvenate stained floor tiles. Even if you aren’t in a situation where you need to hire a professional cleaning company, you will still have to tend to these things yourself which requires your time. That in of itself is very valuable.

Marketing Fees

The level of marketing provided by a real estate agent in Wichita will vary. While some ill provide comprehensive marketing plans at no costs, others will supply just the basics. You’ve seen the different types of listings. Some houses are staged with professional photos to make spaces look larger than they are. Then there are listing with photos taken by a cell phone camera, highlighting unmade beds and laundry on the floor. Having the top-of-the-line listings that will get the most attention will likely cost you a bit more in the long run. If you do decide to list your house in Wichita, make sure you know exactly what’s included. Between exclusive listings, signage, and print materials, you could be looking at many expenses you hadn’t planned for.

Commissions

In some cases, working with a Wichita real estate agent can be great, making their 6% commission fee well worth it. However, for rother properties paying this amount in order to sell your house isn’t worth it. Six percent of your final sale price can be a large sum of money. Make sure your agent will be able to get you enough money for this high cost to make sense. Run the number before signing a listing agreement with a Wichita real estate agent. For some Wichita homeowners, a direct sale can be a better choice for the sale of their unwanted house.

Closing Costs

A home seller in Wichita will likely spend 1-3% of their final sale price in closing costs when selling with a real estate agent. Things like recording fees, settlement fees, title search fees, surveys, and pre-payment penalties are all paid at the closing table. Many of these costs can be eliminated when working with Kansas Home Guys.

Learn more about the costs to expect with a traditional sale of your Wichita house. Contact us today for more information! 316-854-1050

Get Started With The Better Way To Sell Your House!

Unlock the potential of your property in Kansas! No commissions, no fees, and no obligations. Provide some property details below or dial 316-854-1050 to get started today!