Frequently Asked Questions
So, you have a few queries.It’s completely okay; most of the people do. Here, you will find a collection of some of the common questions people ask and our answers to them. If you still have your query unanswered, don’t think twice before contacting us and we will be more than happy to answer it!
Q: Will you actually buy my house, or you will list it on MLS?
A: It’s one of the most common queries we get. We, at We buy houses Toronto are professional buyers who will buy your property if it meets our purchasing requirements. After buying it, we repair or clean the house and sell it again to another homeowner or keep it with us and give it for rentals.
Q: Do you pay fair market prices of properties?
A: Most of the houses that we buy are at a price less than its market value (so that we can resell it at a profit to other buyer). We try to get a reasonable discount on the property. We feel that most of the property owners don’t expect a profit on the property. What they really need is quick cash which we provide, we close the deal quickly and there is no wait for financing and no expense or effort is required on their part to provide for agent fees or repairing the property.
If this is something you also want and you also need to get your property sold fast then then contact us and….let’s try to find a fair win-win price for both of us. (Our no-obligation pricing commitment guarantee you that you don’t have to proceed with the offer we quote until you feel so… It will be good to know what we’re offering to have options!)
[DOWNLOAD our free guide that walks you through the Pros and Cons (including the cost and timeline) of selling your house to a real estate investor… along with the costs, pros and cons of other alternatives…. Selling it on your own or listing it with an agent. Head on over here download your free guide →]
Q: How do you calculate the price to offer on a property?
A: This is another great question, and we don’t hesitate to answer it as we believe in transparency! Our process is quite simple and straightforward. We access the property, its location, current condition, what repairs, are required, and value of similar properties sold in that area recently. As you are aware, house values have gone through a huge hit in the recent 5 years and most of the areas still haven’t seen an increase in that. We consider various factors and then create a fair price offer that works well for both of us!
Q: Do you charge any commission or fee to work with me?
A: This is what makes us unique from other methods of selling your house. There are no commissions or fees when you sell your house to us. We will give you an offer, if that works for you, we will close the deal and buy you =r house (we often pay for closing costs too!). No fees, No hassle!
We make money once we get the property repaired and sell it at a profit amount ( we take the risk here as we may or may not be able to sell it for a profit, once we buy the house from you… we have the responsibility and you can walk away often with cash without any responsibility of property or it’s payments…)
Q: How are you different from real estate agent?
A: Real estate agents list the property and wait for someone to buy it. In case there are prospective buyers, agent shows them the property (average time taken in the whole process of selling a property in market is 6-12 months at present) and then deduct their commission from the sale price if they find a buyer. Mostly the agent commission is 3-6% of the price at which your house is sold. (If it’s a $100,000 house, $3,000-$4,000 will be charge by the agent as commission).
Agents surely provide great service for property owners who have time and patience to wait for 6-12 months to sell their property and who don’t mind paying for commissions. But this is where we are different, we are home buyers, we are not agents! We actually buy your house. We don’t list them. Since we will buy the house from you and we pay in cash…. We will make a decision to buy your house within few days and close the deal (at times within the same day). Again, we take the risk of buying your property with cash, repairing the house and make money by reselling it to another buyer at a profit.
Q: Is there any obligation once I submit my property information?
A: Not at all, there is zero obligation. Once you provide information about your property, we will access the property, contact you to find out more and then provide you with an all-cash offer for your property. If you find the offer fair then you may decide to proceed, in case you don’t decide to proceed, we won’t bother you or hassle you….. It’s 100% your decision to choose what is right or wrong for you!
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Download our FREE Guide here. You may always feel free to Contact us anytime in case you have questions, need a hassle free situation evaluation, or want to learn more about how we may prove to be of help to property owners in selling their unwanted properties for quick cash.
Get the FREE Guide and then call us anytime at (647) 965-4547. We’ll discuss details about your property and access your property’s worth and find out what we can offer to buy it with our Cash Offer Program.