Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers and we purchase properties quickly and for cash. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: Many of the houses we purchase are below market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property.
In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees.
If that’s what you’re looking for and you see the value in getting your house sold fast, let’s see if we can come to a win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently.
Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees.
We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit.
We’re taking the risks 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 its payments, as well as cash in your hand.
Couldn’t have been a smoother transaction. Highly recommend
Andrzej was great to work with. He explained everything from beginning until end and was in constant communication during the process. Couldn’t have been a smoother transaction. Highly recommend
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then takes a percentage of the sale price if they find a buyer.
Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 6 to 12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers.
Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even 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.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation for you. 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 that’s 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. We’ll let you decide what’s right for you.
Very Satisfied with My Experience
I just recently sold my home to Next Door Properties. Overall, I was very satisfied with my experience working with them during the home selling process. They were professional, responsive, and straightforward. They gave me a fair cash offer on my house. There were no hidden fees or unexpected costs throughout the transaction. The company handled all the closing paperwork and logistics smoothly. The entire process was quick and simplified. I would recommend Next Door Properties if you are looking to sell your home to an ethical and easy to work with company. They made what could have been a stressful experience very convenient and straightforward.
Q: Are We Buy Houses Companies Ethical?
Many we buy houses companies are ethical, but (like any industry) some companies or individuals that buy property are not legitimate. Avoid getting scammed by reading the property purchase agreement before signing your biggest asset away. Have it looked over by an attorney. The last thing you want is to get locked into a scam contract with a company who plans to renegotiate the property price down after you signed.
What To Look For in a Legit Company that Buys Houses:
- Pay attention to the amount of money going into escrow (you can find this in the property contract).
- Ask the investor for proof of previously closed transactions on properties in your market.
At Next Door Properties, the price we offer for your property in Connecticut is the money you receive at closing. We don’t use hard sales tactics. If you want to sell your property for a fair price, we are here to make you a competitive offer. No games. No hassles.
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Get your FREE Guide and then give us a call at 860-704-9513. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.