The mark of any successful transaction is when both parties are getting something in return. These are called: win-
win transactions. For us, as the buyer, we need to make a profit, but since a portion of our business is based on word of mouth referrals, it is smart business for us to see that the seller benefits from the transaction. After all, if the seller doesn’t benefit, why would they sell us their house to us in the first place?
How can you benefit?
You pay no real estate commissions: If you decide to list your property with an agent you will be responsible to pay a 6% commission of the gross sale of your property at closing. On the other hand, Mr. Homebuyer will pay cash for your property and alleviate you from any realtor fees of any kind. Nothing comes out of your pocket.
You pay no closing costs: It is standard procedure for the seller to pay the closing costs associated with the sale of their home, which can amount to 3-4% of the overall sales price of their home. On the other hand, Mr. Homebuyer will pay all of the closing costs associated with the purchase of your home. Again, nothing comes out of your pocket.
You make no repairs: When selling your home it is common for the buyer to require that you pay for repairs to the property after the standard inspection period. This can run into the tens of thousands of dollars depending on the condition of the home. On the other hand, Mr. Homebuyer will purchase your home in “As-is” condition, meaning you will not be responsible for fixing a thing.
Fast closing: Standard real estate transactions can take anywhere from 1-2 months to close on a property because the buyer is usually qualifying for a loan. During this time the seller is still responsible for the mortgage, the taxes and insurance on the property and this can add up quick. On the other hand, Mr. Homebuyer is paying cash for your home and does not need to wait for a loan. We can close in as little as 7 days.