How to Sell Your Home Fast
Quick
Consultation
First things first, we need to have a quick conversation about the property you are looking to sell and what conditions we need to meet to make it worth your while.
Home
Inspection
Next, we schedule a home inspection to better understand the property that we may purchase! This is a quick, non-invasive tour of the home by a professional.
Home
Offer
After we understand the condition of your home, we formulate a fair home offer based on what is needed to bring it to market along with some other simple factors.
Fast
Closing
We agree on a closing date that fits the transaction. A closing in as few as 10 days may be possible when title, access and contract requirements are satisfied; timing is not guaranteed.
What differentiates a professional, cash homebuyer, from a traditional real estate agent?
There are many great reasons to work with a cash homebuyer like ourselves, but below we have noted the largest reasons why. We love real estate agents and work with them all the time, but there are many differences between selling your home to us, and selling with a traditional agent.
| Compare your options | Selling to Burnett | Listing with an agent |
|---|---|---|
| Commissions and closing costs | No agent commission for a direct sale to us; costs follow the agreement. | Agent compensation is negotiated; other selling costs vary. |
| Closing timeline | As few as 10 days when title and contract requirements permit; timing is agreed. | Depends on finding a buyer, the contract and any financing. |
| Repairs and cleanout | As-is offers; agree on any cleanout or possession terms. | You may list as-is or make improvements; repairs are negotiable. |
| Marketing and buyer | Direct-offer route; review the named buyer and any assignment terms. | Usually marketed to multiple buyers, often through the MLS. |
| Conditions and certainty | Review inspection, title, funding and other contract conditions. | Review buyer contingencies, financing and title requirements. |
How is my home offer calculated?
This is our way of being transparent with our home sellers because we know that the hardest part of a transaction is whether or not you can trust the people you're doing business with. The below table goes over the basic formula that we use in determining whether or not purchasing your home is economically viable.
If the property has major condition issues, review your options for selling a house that needs repairs before comparing an offer with a repaired or as-is listing.
ARV
After Repair Value. This is what we expect the home to sell for after we've fixed it up.
- Repair Budget
This is how much we estimate the renovation to cost us.
- Costs to Resell
We estimate holding, marketing, resale and transaction costs for the property. These can include taxes, insurance, utilities, title services and any negotiated agent compensation. Costs vary; we do not use one fixed commission or closing-cost percentage for every home.
- Profit
Our offer includes a margin for the time, capital and risks involved in buying, improving or holding the property. That margin varies by project and is not a guaranteed profit or a fixed percentage of the resale price.
Your Cash Offer
The written offer is the proposed purchase price, not necessarily your net proceeds. Mortgage payoffs, liens, taxes, prorations and any charges allocated to you can reduce the amount you receive. Review the purchase agreement and the title company's closing statement to understand the final figures.