HOW IT WORKS
Are you searching… “How do I sell my house?” Learn our process and how we buy houses in 4 easy steps below!
HOW WE CALCULATE YOUR OFFER
We determine our cash offer based on 4 things:
- After Repair Value (ARV): This what the market value of your house will be AFTER we buy & renovate your home. Imagine you have a house you want to sell and now imagine your neighbor has the exact same house almost identical to yours but has a few upgrades he made fresh paint, new carpet, granite counters hardwoods floors. Let’s say he sold that house for $250,000 we now know if we make similar upgrades to your house after we buy it bringing it into a similar condition as your neighbors that we might be able to sell it for $250,000. From this value we deduct the cost details below to arrive at the standard cash offer amount.
- Cost of repairs (COR): In order for us to maximize the value of the property we need to renovate it & make it look brand new. This is what our cost will be fixing/updating the house after we purchase it (labor & materials).
- Our Selling Costs: Although we buy houses without involving agents, we on the other hand, have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we have to pay agent commission fees, closing costs, taxes, holding costs (such as taxes, insurance, HOA fee, etc.) These are all the fees you do not have to pay, if you sell your house directly to us 🙂 Our selling costs usually come up to around 10% of the resale price, or ARV.
- Our Minimum Required Profit: yeah this is a business after all & we wouldn’t be able to stay in business if we couldn’t buy more houses, pay our workers, plumbers, support our family, etc. if we didn’t make some sort of profit. However, we keep this to an absolute minimum so we can present you with the highest possible offer & so we can get more offers accepted. See our business model is structured around making many deals with little profit per deal and not a few deals with a huge profit per deal. This benefits us all.
The market value of the house (after we fix it up), minus ALL costs fixing it up (including our profit) will be the offer.
OFFER FORMULA:
ARV – COR – Profit – Selling Costs = your offer
Selling Your [Market City] Home Can Be A Quick And Easy Process
Stage 94 Real Estate buys houses in and around [Market City]. We’re not listing your house… we’re actually the ones buying your home. Because we pay cash and because we are buying your home directly, we’re able to close quickly… or on your schedule.
Like we’ve mentioned, when you work with us there are no fees and no commissions… like there are when you list your house with an agent. What this means to you is you don’t have to worry about extra costs, having to come out of pocket to sell your house fast, or even getting your house ready for a sale (we’ll buy your house as-is).
Don’t worry about repairing or cleaning up your property. We’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location.
Once we know the market value your home is worth if we fix it up and we know cost of repairs we can now make an offer that works for us if this ofer also works for you great we close and you get your money at closing !
“Our goal as a business” is to get offers accepted (that’s how we stay in business) and in order to do that we have to make you happy! We truly do our best to offer you the highest possible offer we can give. We make offers based on the market and not based on how badly you need to sell your house.
WE LOVE TRANSFORMING HOMES!
