How It Works
Sell Your House Fast, In 3 Easy Steps
As real estate experts and professional problem solvers, we are here to get you the most cash possible for your home, and have you walk away with the solution you want.
Let’s start with the address and we’ll follow up with some basic questions about the property:
Selling My Home with Priority Home Buyers
1.) What info will you need from me?
We only need a couple pieces of information when evaluating your home for a cash offer:
- How fast you’re looking to sell.
- Current condition (and any recent improvements) to the home.
- How long you’ve owned the home.
- Your reason for wanting to sell.
This should take all of about 5 minutes over the phone. These details (the more the better) will allow us to offer the most cash possible for your house, while also better understanding your needs and connection to the property.
2.) How soon do I get my cash offer? Is it instant?
Although we are considered an “instant buyer” or iBuyer, it will take about 15 minutes to 1 hour in most cases to consult with our local real estate investors and perform a brief market analysis of your property.
We’ll come back as soon as possible with a firm, guaranteed offer you can trust. You can even stay on the phone with our team while we calculate 🙂
3.) How is your offer calculated? How do I know you won’t lowball me?
We’ve been buying houses for 15 years, and we wouldn’t have made it in business that long by throwing out lowball offers. But we are still a business, and we also wouldn’t make it long if we didn’t make something from the transaction.
The service we provide you should always more than equal what we make on the purchase. If we can’t make you a fair offer, then we can’t buy your home.
Just to be extra transparent, here’s roughly how we calculate your cash offer (let’s see another company reveal their process!):
Our Cash Offers: How We Calculate
The Formula:
[YOUR OFFER] = [ARV] – [REPAIR COSTS] – [SELLING COSTS] – [ROI]
4.) Why wouldn’t I try listing my house instead? Doesn’t this guarantee the most cash?
Often, it does. At least on paper.
But that’s not factoring in the costs of getting your home ready, paying realtor commissions, inspections, contingencies, closing costs, and more.
And then there’s your time. Selling a house takes on average 60 to 90 days in a good market.
And your unique situation (facing foreclosure, selling in probate, looking to move on quickly – to name a few scenarios).
Selling your home on the market is not for everyone and not for every situation. Here’s a quick guide between the two options:
Listing vs Selling Your Home for Cash
Listing /w an Agent | SOLD to Priority | |
---|---|---|
Commissions / Fees: | 6% on average is paid by you, the seller | None |
Who Pays Closing Costs?: | 2% on average is paid by you, the seller | None (we pay all costs) |
Inspection & Financing Contingency*: | Yes, up to 15% of sales fall through | None |
Appraisal Needed: | Yes, sale is often subject to appraisal | None (get a cash offer) |
Average Days Until Sold: | +/- 90 Days | IMMEDIATE CASH OFFER |
Number of Showings: | Many, depending | Just once (us) |
Closing Date: | 30 to 60 days after accepting buyers offer | Your Choice (we can close within 7 days) |
Who Pays For Repairs?: | Negotiated During Inspection | We cover ALL repairs |
5.) How can I trust you will close? When am I paid?
There’s a couple of strong trust signals to look for in a “We Buy Houses” company:
- Evidence of previous transactions and positive customer reviews
- Professional website and BBB Accreditation
- Physical offices in major cities you can easily visit
- Clear contract terms that don’t allow changes after purchase agreement
The last thing you want is to find yourself trapped in a deceptive contract with a company planning to decrease the offer price post-agreement. With us – and with any trusted company that buy properties – the amount agreed upon will be the amount you receive at closing (cash in full).
Relying on a nationwide network of local cash buyers in every pocket of the country, you never have to worry about receiving your cash or closing on time when dealing with us.
We’re here in your corner to deliver the solution you want to the real estate problems you are facing. We’d be delighted to talk to you today and see if we are a good fit to work with 🙂
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We start with the seller in mind, and walk you through every step of a fast sale!
“I recently had the opportunity to meet and experience Priority Home Buyers, not only did they execute and deliver they simplified and reiterated every solution possible. They made this process a breeze for all real estate needs look to PHB, they’re the future!”
August 2022