Learn about Cash Offer Plus
Are you tired of receiving lowball cash offers for your home?
Maybe your house is listed for sale and all you've heard from your agent is that you have an investor cash offer which is way too low for you to accept?
Or perhaps you know your house could sell for top dollar if a few things were updated but you don't want to go through the expense and risk of making all those updates before you sell.
It could be time to talk to an investor who is on your side looking for solutions rather than just profits.
There’s two reasons why our investor buddies just want to offer cash for your home.
1. They think that’s what you want
2. That’s what makes them the most money.
Yes. Believe it or not, offering cash makes them tons of money because their cash offer is always low enough to make sure they can pay all the transactional fees, holding costs, rehab amounts and still profit handsomely.
Shouldn't you be profiting from the sale of your property as well?
Here's how it works:
You accept our maximum cash offer for your property. (Only select properties/sellers qualify)
We pause the on-market listing to partner on making it better.
We manage & fund the rehab and get paid back at closing
We help to sell an improved house, most likely at a price higher than previously listed.
We split the profit at an amazing rate in your favor. (up to 75%!)
Example:
Current List price: $210,000
Maximum Cash offer; $145,000
Repair/Update cost: $46,000
Repair management fee: $10,000
Final sale Closing/Commission Costs: $26,500
Final Sale Value: $260,000
Gross profit calculation: $260,000 - $26,500 - $46,00 - $10,000 - $145,000 = $32,500
75% of $32,500 to seller = $24,375
25% of $32,500 to D4 = $8,125
Total to seller: $145,00 + $24,375 = $169,375. [ About $25k more than the original cash offer]
Not all sellers & houses will qualify.
Still not sure? Read through our FAQ's.
Q1: Does my house have to be fixed up to qualify?
A1: No. Absolutely not. In fact houses that need a little touch up, or some updating might be the perfect house for us to help you with.
Q2. Do I have to pay agent commission and closing costs?
A2. These fees are paid out of proceeds at closing. They factor into the calculation of gross profit used to determine your share.
Q3. My house is already listed for sale. Is it too late for a Better than Cash program offer?
A3. No! Your home can still qualify for the program or other programs that can help provide a solution.
Q4. I already signed a listing agreement. Who pays the agent in this program?
A4. Agent commission is paid at the final closing as normal. The key with this program is we aim to sell at a better price because we help make enhancements to the home.
Q5. How can you provide cash in my pocket before closing?
A5. We understand the burden an empty house can put on a seller. In certain circumstances we can fund a release of some cash before closing that would come from your final sale proceeds.
Q6. I am still living in the house. Do I still qualify?
A6. The house needs to be vacant since construction crews will be in and out making continuous updates. We do have other solutions available for owner or tenant occupied properties. Contact us to review your options.
Q7. What happens if it doesn't sell for the estimated price?
A7. A lower than expected sale price would impact the gross profit available after all expenses. We do everything we can to minimize risk and to calculate fair market value. We cannot guarantee a final sale price, but we do guarantee our minimum cash offer (or you keep our deposit)
Q8: How long do the repairs take?
A8: It depends on your home and what needs to be done. Our target is 60-90 days.
Q9: What happens if I pause the listing but then get an offer that I feel is better than what I've agreed to with you?
A9: We hope you'll be satisfied with our solution and honor your agreement. However we can always review the circumstances at the time to try to find an equitable solution. It depends on where we are with the updates and the time we've invested.
Q10: Who is this program really for?
A10: Ultimately this is for you to decide. In our experience this is for sellers who have been on market awhile and haven't received an offer high enough to meet their needs. It can also be for a seller who strongly believes their house would sell for a lot more if it were updated but doesn't have the funds or the time to manage the updates.
Q11: What is the risk risk here?
A11: The risk is similar to any real estate transaction. The market price can change, their could be unexpected repair costs or issues that are discovered. Repairs could take longer than expected. The risk protection we offer is the minimum cash offer. (or you keep our deposit)
Q12. If I schedule a call is it just going to be a sales call trying to get me to sell my house to you?
A12. No. Scheduling a call below is an informational call to learn about your situation, your property and see what kind of creative solutions we can find. Ideally we find a solution that is win-win-win. Win for you, win for your agent (if applicable) and a win for us. If the solution we have available sounds good then we can take the next steps. With a better than cash offer, there's no title transfer to us. We partner together to try to get the best deal for everyone and get your property sold to a retail buyer.