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.

Advice for Buying Wholesale Properties in Wichita

Buying wholesale properties can be a great way to acquire a home or build your portfolio. Working with the right wholesaler is key to your success. Here are our tips for finding the best properties and the best deals!

Buying properties at a discount sounds great right? And it can be when you are working with the right property wholesaler in Wichita. When deciding who to work with, make sure it is someone experienced, with an excellent track record. Many claim to have wholesale properties available in Wichita, but not all of them are the principal on a deal. When choosing to buy investment real estate in Wichita from a wholesaler, you will want to go to the source! Below are some tips on working with a KS wholesaler!

Check The Title

Just like with any real estate purchase, it’s up to you to do your due diligence! You need to check the title to ensure there are no liens on the property. You don’t want to find out after the fact that there is an issue with your claim to the property. Dealing with a cloudy title can be expensive and frustrating. By checking it out beforehand, you’ll avoid having to deal with any liens down the road.

Inspections

It’s important to have inspections done on any property you are buying, wholesale or not. If you are not experienced in doing this yourself, hire a trusted inspector to come in and help. If there are specialized inspections that need to be done for things like the pool, septic tank, r soil quality those should be done separately. You should also make sure there aren’t any pests calling the property home.

Get It In Writing

When working with a wholesaler, they should be able to provide you with comps for the property both before and after the repairs have been made. They should also be able to provide you with some information as to how much the repairs will cost based on their knowledge of the property. While the wholesaler’s figures should be based on estimates from actual contractors, it is ultimately up to you to determine what the repairs will really cost you. Everything should be in writing, communicating via email when possible so you have a record of everything said. At the end of the day, all due-diligence lies with you.

Build Relationships

As an investor, when you decide to begin working with a wholesaler in Wichita, you’ll want it to be with someone whom you can build a relationship. They should understand your goals and the types of properties you are after. Once you’ve built a rapport, they will likely come t you first with the great deals they find. When you work with Kansas Home Guys, you can receive exclusive access to some of our best finds!

Finding The Right Wholesaler

When you find the right wholesaler in Wichita, you’ll be able to capitalize on their ability to find you the best deals. The right one will be able to provide you with market information, historical information, and comps for the property you are thinking about buying. They will listen to you and what you wish to achieve by purchasing wholesale property in Wichita. Once they know your goals, they will be able to focus on finding the houses that are right for you!

Buying wholesale properties in Wichita can be an excellent way to build wealth. If you are careful when making your purchase and are focused on finding the highest and best use for a property, buying wholesale properties can be your ticket to success! We are happy to answer any questions you have!

Learn more about buying wholesale properties in Wichita HERE!

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!