How to Sell Your Home for Cash in the Orlando Area
By Space Coast Daily // March 14, 2017
ORLANDO, FLORIDA — In a Q&A session with Space Coast Daily, Timothy Doyle of DC Capital Group in Orlando and WeBuyHousesOrlandoFlorida.com explains the steps to sell your home for cash in Orlando and the central Florida area, including Brevard County, regardless of your home’s condition.
Q: Do you buy property that has been impacted from hurricanes, floods or fire?
A: Absolutely. We know many homes can receive serious damage even from tropical storms. We buy fire -damaged homes, inherited homes, foreclosed homes and homes in probate.
Q: When a homeowner decides to use your services, do you list their home on MLS or do you buy houses listing houses on the MLS or buying it?
A: Great question. We’re not agents, and we don’t list houses. We buy houses in Orlando and central Florida that fit our buying criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.
Q: What prices do you typically pay for properties?
A: We have to purchase a house below market value so we can resell it at a profit to another home owner. However, if you’re in foreclosure you likely don’t have equity… so we can often negotiate with the lender for a discount on the property. In the end, we have to get a fair discount on a property so we have room to make a profit when we resell it. But, we bring to the table a fast, no hassle, all-cash offer… we can close quickly, are very flexible on terms of the sale, and will buy your house in any condition. If that’s what you’re looking for and you see the value in getting your house sold fast… lets talk and see if we can come to a fair win-win price.
[Doyle offers a free guide [HERE] about the pros and cons of selling yours house to a real estate investor, plus the prons and cons of the other two alternatives. ]
Q: How do you determine the price to offer on my house?
A: Great question and we’re an open book… so I’m glad you asked. Our process is rather simple. We look at the location, what repairs are needed, condition, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. So, we take everything into consideration… and come up with a fair price that works for us and works for you too.
Q: Are there any fees or commissions?
A: There are NO fees or commissions to work with us. We’ll make you an offer, and if its a fit… we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) to fix it up so it’s nice and pretty… market the house, and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and oftentimes with cash in your hand).
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The average time to sell a property in many markets right now is 6-12 months. As you know, you pay a commission as a % of the sales price when you work with a real estate agent. Often times it’s 3-6% of the sales price (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months in many cases to sell and who have room to pay the commission on the sale. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
Q: Is there any obligation when a quote is requested?
A: No obligation at all. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer thats fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let decide what’s right for you.
Doyle is a twelve year veteran of real estate. He has successfully closed over a thousand real estate transactions and is able to execute quickly with a network of highly specialized business associates. He is committed to his clients and takes personal pride in meeting their needs.