Frequently Asked Questions
You might be wondering about some things, which is normal because many people do. Here’s a short list of questions people often ask us, along with our answers. If you still have questions, don’t hesitate to contact us anytime. We’d be glad to help you with that.
Q: Are you planning to list my home on the MLS, or are you considering purchasing it yourself?
A: Good question. We’re not real estate agents, so we don’t put properties on listings. At Kingfisher House Buyers, we specialize in purchasing properties directly. We buy homes in Fredericksburg that meet our purchasing criteria, and we don’t use bank financing, so you don’t have to worry about our ability to close on a deal. Once we acquire a property, we might renovate it and sell it to another homeowner or decide to keep it as a rental property.
Q: How are you Kingfisher House Buyers different from a real estate agent?
A: Real estate agents list homes and properties and wait for potential buyers. They show the properties to interested buyers (which can take 4-6 months on average to sell). The agent earns a percentage, usually 3 to 6%, of the sale price as commission. For a $100,000 property, you’d pay $3,000 to $6,000 in commissions.
Agents offer a valuable service for those waiting 4+ months to sell and pay commissions. However, we’re not agents; we’re home buyers. We purchase your property directly, often within days, since we use our funds. We take on the risk by buying, repairing, and marketing the property ourselves to find a buyer.
Q: Do you pay a fair price for homes and properties?
A: We often buy properties below market value, aiming to resell them at a profit. We seek fair discounts and prioritize quick transactions without the need for seller expenses or repairs. Let’s discuss a mutually beneficial price if you value a fast sale without agent fees. You’re under no obligation to accept our offer, but it’s helpful to understand what we propose!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: What aspects are considered when determining the price to offer for my home?
A: We are completely transparent about our approach. We assess factors such as the property’s location, necessary repairs, current condition, and the prices of similar properties recently sold. By carefully considering these elements, we arrive at a fair and mutually beneficial price.
Q: Does working with you come with any fees, costs, or commissions?
A: We stand out from traditional methods as there are no fees or commissions when you sell directly to us, unlike listing fees that deduct up to 6%. We’ll make an offer, purchase your property hassle-free without charges, and often cover closing costs. Our profit is generated after investing in repairs and selling the property, bearing the selling risk. Once acquired, the property becomes our responsibility, relieving you of its burdens and providing funds.
Q: Will I be at all obligated when I submit my information?
A: You’re under no obligation whatsoever. After you share some details about your property, we’ll assess them, possibly arrange a call for further discussion, and then provide you with a fair offer. Ultimately, the decision to sell your property to us is entirely yours. We respect your choice and want you to decide what’s best for you.
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