Here are some of our most frequently asked questions:
Why should I sell my home to an investor rather than list it?
There are a many different reasons why someone would sell their home to an investor first rather than list it, but the most common reason would be because your home is in disrepair or will require work to get it up mortgage lender standards.
Furthermore, homes needing work are usually purchased by investors, whether they are listed or not.
The best way to have a quick and hassle free sale, and to save from paying any real estate commissions, is to sell directly to the investor.
What should I look out for when I am getting offers from investors?
Over the years, investors in the real estate industry have given themselves a bad reputation. Using your desire to sell your home as an advantage against you, they often strive to pay unfair prices even when a fair price would be mutually beneficial.
So, when you decide to shop your property to an investor, make sure you equip yourself with this knowledge:
Go with your gut! Usually your gut instinct is correct. If, after meeting them, you feel like someone feels “shady” or less than reputable, then they probably are.
Check them out online! The fact is that in today’s technology age, if someone is doing business, they will most certainly have reviews online, ESPECIALLY in the real estate industry. Search for them online and find out what others have to say who have worked with them in the past.
Don’t be swayed by negativity! Remember, real estate is a competitive industry. But if you are speaking to someone who is saying negative things about their competition, then they are probably just using that to hide the negative things about themselves.
Don’t be afraid to ask questions! We work hard to make sure we answer, or find the answer to, every question you bring to us. It is our job to make sure you are comfortable and armed with all the knowledge you need to make the right and best decision for you.
A good business investor will not try and take advantage of you! Instead, they will provide you appropriate and accurate information on your property and its comparables to validate and explain why they have came to offered price they have made. If you are not being provided this information, you should probably look elsewhere.
What costs are involved in selling real estate?
This depends on whether you are selling to an investor (such as us,) or hiring us, or another listing agent to sell your home or property. When you sell a home to us directly, we will make you a written cash offer to purchase your home without you having to pay any of the 6% real estate commissions you would otherwise usually have to pay. Other than that, the normal closing costs (including excise tax) ranges around 2% of the sales price.
Special Note: We, as buyer, will usually agree to pay for the sellers side of the closing costs, saving you additional money on those closing costs. And as listing agent, if you choose to list your home or property with us, we have reduced our charges (rather than the standard 3%,) which will save you thousands on the costs of listing your home.
Why charge a Reduced Broker fee instead of the 3% that most other real estate agents charge?
To aid in simplifying and reducing the cost of buying and selling of real estate in our area, we have decided to reduce the costs for both Listing and Buyers agent services.
How long does it take to close on the sale of my home?
If you decide to sell your home to us, and accept our written cash offer, then there will be no inspection or financing contingencies, and because of this the sale can close within ten business days. (But if you’d prefer to close the sale at a later date, then we are flexible with that as well.)
If you choose to list your home for sale you will most likely endure: Time on the market to find and choose a qualified buyer, then a buyer required inspection period, and then a financing contingency period. (All these processes will have taken your home off the market, during the buyers contingencies, that allow them a last minute out of the deal.)
All our written cash offers have NO Contingencies!
Why can Jacobsen Homes offer me more money for my home?
We are in a unique postion to offer you more cash than other investors, because of the valuable real estate services relationships we have cultivated over time, due to the numerous home renovations we have completed.
In short, this means lower costs for us, which in turn means more money for you!
How do I make sure I am not being taken advantage of?
We stand by all our purchase offers and validate them with written comparable market data and repair cost breakdowns. While we are in the industry to make a profit, our top priority first is: Customer Service!
We believe in creating only WIN-WIN scenarios.
If we can’t come up with an offer that benefits you, then we will direct you to a solution that does!
Will I get to see the home after the renovations have been completed?
We take pride in our work and understand that you have memories in the home that we are now transforming. It is our greatest joy to invite you back into the home once it has been completed, so you can view how beautiful it has become!
You can take with you the confidence that you have contributed in the creating of a beautiful new home for a new family to enjoy.
What is a CMA?
CMA stands for Comparative Market Analysis. It provides you with data relating to the current market and the values of similar homes that have sold, are in a pending sale, or are currently actively listed for sale.
When you have this knowledge you can make adjustments to the price of your home based on what the current market is dictating to determine the current market value of your home, which is exactly what real estate agents do.
How can a 'Wholesale Pricing' relationship benefit me?
Think about it this way: If you are in the need of windows for your home, you would contact a window company to order windows and have them installed. However, you will only probably do this once in every 30 years, or so.
On the other hand, we as active home remodelers, will contact that same window company 20 times or more that year, and each year after year. It is because of this repeat business that we earn a repeat business discount (or what is otherwise known as a “commercial pricing.”) We receive the same product or services as you would but at a fraction of the price.
When you choose to work with us we will pass all these savings on to you, (and not just for windows, but for all renovation supplies and repair services!)
I want to sell my home quickly and hassle free, what do I do now?
Give us a quick call or send us a quick email to get the ball rolling.