We Buy Houses In Kansas City: What To Expect When Selling

We Buy Houses In Kansas City: What To Expect When Selling

Is your home a bit worse for wear? Do you still need to sell, but aren't able to put in the time and money required to fix it up?

Don't worry! You still have options.

If you're in a position where you need to sell your home quickly, you might want to consider selling to a house flipping company -- you know, the companies that post "we buy houses" signs all over town. 

Keep reading to learn more about what to expect when selling your house to one of these companies. 

Why Sell To A We Buy Houses Flipping Company?

First, it's important to understand why it might be in your best interest to go with a house flipping company. 

There are lots of benefits that come with selling to a we buy houses company, including the following:

The process is simplified

When you sell a house through a regular real estate company, you face a lot of challenges, especially if your house is not in the best shape. 

With a house flipping company, though, you get to rid yourself of the burden quickly and with very little effort on your part. 

You'll sell your home faster

One of the main reasons people turn to house flipping companies is the fact that we move a lot faster than a traditional real estate company. We'll have you out of your home and onto the next chapter of your life in no time.

Most of the time, we close quickly -- almost always within 30 days. Sometimes we can close in as little as one week!

You don't have to deal with a real estate agent

Finding a real estate agent can be frustrating. Even if you go through the effort of finding a person that you feel comfortable with, you still might have differences later on that make selling your home difficult. 

When you sell to a flipping company, there is no real estate agent to deal with, and you also don't have to go through the frustrating process of trying to sell the home yourself. 

You're almost guaranteed to sell your home

We buy houses in almost any condition -- even if it is virtually uninhabitable. Because of this, you are almost guaranteed to make a sale on your house. 

How Do House Flipping Companies Work?

If you decide to sell your home to a house flipping company, the process if fairly simple. 

First, you'll contact the company and ask them to make an offer on your home. They'll then show up to check out the home. After doing some appraisal work, you'll receive an offer that you can either consider, accept, or reject. 

You're under no obligation to accept the offer if it's not what you were hoping for. The final decision is always up to you!

What kind of houses do these companies buy?

We buy houses companies often emphasize their willingness to buy "ugly" houses. So what makes a house ugly?

Rundown homes that are not visually appealing, have been damaged by water, termites or other pests, or have foundation issues are often deemed ugly.

A home might also be considered ugly if it is in an inconvenient location or an undesirable neighborhood.

House flipping companies also buy homes from people who are unable to refinance, are facing foreclosure, or have difficult renters. 

How Much Money Will You Get?

Some people avoid selling to flipping companies because they don't want to settle for less money. Keep in mind, though, that taking a smaller sum can be worth it if you need to get out of your home quickly or don't have the time to devote to improving and selling it through traditional channels. 

When house flipping companies calculate how much they are going to offer for your home, they take many things into account. Some factors they consider include:

  • Current condition of your home
  • Cost and type of required renovations 
  • Time required to complete renovations
  • Cost to keep the property during the repair process
  • Estimated value of property after repairs are finished
  • Commissions required to sell the home after purchasing

When all is said and done, you'll usually receive between 60 and 80 percent of the house's market value.

In many cases, this is a pretty fair trade-off for not having to jump through any of the hoops that come with traditional real estate. 

What Kinds Of Homes Do House Flipping Companies Buy?

In addition to typical single-family homes, house flipping companies often buy and sell condos, townhouses, duplexes, multi-tenant properties, and some commercial properties. 

Pretty much the only type of home we won't buy are mobile homes. 

Who Should Sell To A Flipping Company?

While anyone can take advantage of the services house flipping companies offer, certain types of people typically sell their homes in this way.

Those who benefit the most from flipping companies are often those who want to sell their home quickly. Included in this list are:

  • People who have inherited a property but don't want to pay to maintain it
  • People who have a rental property with difficult tenants
  • People who need to relocate quickly
  • People who are going through a divorce and need to liquidate assets
  • People who are behind on mortgage payments
  • People who are facing foreclosure
  • People who don't want to invest in repairs
  • People whose listings have expired
  • People who have declared bankruptcy

As we said, anyone can sell to a house flipping company. However, if one of the above situations applies to you, this type of sale might be the best option. 

Contact Us To Learn More

If you want to know more about our company and why/how we buy houses, contact us today!

Ask any question you want. We can give you information about house flipping in Kansas City, take you through our specific process, or even just prove that we're a legitimate company. 

We'll always get back to you within 24 hours and will help you decide if selling to us is the right option for you!

Why Should I Sell My House For Cash In Kansas City?

Why Should I Sell My House For Cash In Kansas City?

Selling a house can be a long, tough process. 

In Kansas City's current market, which is forecast to be slow compared to the rest of the country, it might be even tougher. If you are among the many Kansas citizens looking to move this year, you should be thinking "how can I sell my house for cash?"

Selling for cash has a number of advantages. The sale can be processed faster, and you save a ton on realtor fees.

So how do you know if selling for cash is right for you? This article will break down the facts and make sure that you get the most bang for your buck, fast!

Fast Money When I Sell My House For Cash

The biggest advantage of selling your house for cash is the speed of the sale.

Instead of weeks or even months of house showings and negotiations with buyers, selling your house for cash means you get your money fast.

If you have got to move, or need cash quickly for any other reason, selling your home this way could mean getting your payment in as few as seven days instead of months of waiting.

Avoid the Difficulties of Selling a Rundown House

Does your home have some serious issues that would turn most buyers off?

Issues with plumbing, electricity, mold, or even just ugly design can make it seem impossible to sell your home for a fair price. These issues can seriously impact the market value of your home, and make buyers wary. 

People looking for a cheap fixer-upper or simply a property to demolish and rebuild on the lot won't be willing to pay high prices. 

Fixing your home up to prepare it for sale is time-consuming and costly. You need to think about buying materials such as paint and new light fixtures, or even hiring professional contractors. These expenses can add up fast!

Plus, if you are inexperienced with home repairs, trying to flip a house — even your own — can cause you to lose much of the money you invest in repairs.

The buyer will know exactly how to make the repairs and fix up the house cheaply, so they are willing to buy a less that perfect house. By choosing to sell for cash rather than trying to fix the problems yourself, you can pass all the renovation costs onto the buyer.

Instead, selling your home for cash to a fair agency means you can get a good price without having to deal with all the added stress, work, and expense. 

Deals Don't Fall Through When I Sell My House for Cash

One of the most frustrating parts of selling a house is when a sale falls through because the buyer couldn't get a loan, or backed out at the last moment. 

All the expense and time you put into staging the house and negotiating the sale have basically gone to waste. Plus, you might even have had to turn down other offers, only to be left right back at square one.

When you decide "I want to sell my home for cash," you will only be dealing with a buyer who already has the money to purchase your home up front. 

This means that once you accept an offer, there is a far less likely chance that the deal will fall through. 

Easier Negotiation Process with Cash Sales

When you deal with a company that will buy your home for cash, you will typically have a much smoother negotiation process. This company has handled this process before, and the right company will want a fair outcome for both parties.

This shared goal can make for a much smoother negotiation process than you might experience in a sale to regular buyers. Instead of the tricky, detailed negotiation between real estate agents, you can get a fair sale decided without a lot of back and forth.

Leave Behind Costly Real Estate Commissions

When you sell your home through a real estate agent, there will always be a large chunk of the sale price that goes to cover other expenses. This means that the full value of your home won't be going into your own pockets. 

Instead, a percentage of the sale price will go to paying your estate agent. Their commission is generally around 5.1% to 6%. As the seller, you're usually responsible for paying all of it, half to your real estate agent and half to the buyer's agent.

So, if you're selling your home for $400,000 and the commission is 5.1%, you will be paying $20,400.

Add all the other costs associated with selling a home and any fees that might be charged for staging, photography, and advertising, going with a real estate agent can be costly. And, if your house doesn't sell quickly, these costs will keep adding up. 

If you decide to sell your house for cash, you can avoid all of these extra costs and problems throughout the process. In fact, we don't charge any commission or costs. The only money that changes hands is when we pay for your house in cash.

From the quote to the offer to the sale, you'll know how much money you'll have in your pocket at the end.

Getting Help to Sell My House for Cash

It is not surprising if these many benefits made you decide "I would like to sell my house for cash!"

The next step is getting started with a quote. With a free quote, you can get a better idea of how much your home is worth and whether selling for cash is right for you.

As experienced home buyers, we can help you through the process of selling your home for cash, fast. We will see what we can do to help you achieve your goals with a fair offer.  

Do you have more questions about the process of selling your home for cash? Want to know more about our process, or any explanation of your quote? Contact us today to find out more.