Behind the Numbers – How We Develop Our Offers When Buying Houses in the Quad Cities

When you work with a professional buyer to sell your home, helping you realize the most money from your sale is our top priority, a bonus of working with us is that you move on with the plans for your future, knowing the exact date you can rely on for the closing. We will look behind the numbers – how we develop our offers when buying houses in the Quad Cities. 

The high commissions for which traditional real estate agents are known is one of the main reasons homeowners want to sell their homes another way. Because they are unaware of the benefits of working with a professional buyer, many home sellers face financial ruin when they try to sell their houses independently. Suppose your financial situation allows you the freedom to wait for the right buyer. Once they have viewed your property and spoken with you about your circumstances, if you’d gain more by listing your home in the traditional method, a professional buyer will advise you to work with a real estate agent. When a professional buyer like Midwest HomeBuyers develops our offers when buying homes in the Quad Cities, you should consider an offer in full, subtracting no commission or other hidden fees from the sale price at closing. You keep the total amount offered by a professional buyer.

Additionally, continuing to pay for the property eats away slowly at the profit margin. Should your home have reached an age where repairs have become an almost monthly expense, the amount you hoped to make on the sale will dwindle even faster. When you decide to sell to us, you skip all of the steps required by buyers forced to qualify for financing to purchase your property. We relieve you of the financial burdens of making repairs and legal risks involved with the disclosure in traditional home sales, taking them all onto our shoulders. We will be absorbing all of the expenses such as taxes and have a great deal of money tied up in the property until fully rehabbed and resold. Professional buyers like Midwest HomeBuyers must consider their overhead when making an offer when buying houses in the Quad City Area, including working with the best experts from every walk of the real estate industry, which is essential to our business model. 

Comparable sales, known as comps in the real estate industry, are based on the recent sales of the nearest and most similar properties in size, features, and condition to your home. This method of determining the fair market price of a standard listing and is an integral part of developing our offers when buying houses in the Quad Cities is the same method used by traditional real estate agents.

When we meet with sellers to develop our offers when buying houses in Davenport, there will be an evaluation of the repair costs. Professional buyers like Midwest HomeBuyers will explain each expense in detail. Depending on the age and condition of a home, there may be unseen issues that factor into the risks a professional buyer may be taking upon themselves and could affect the offer made as well. These factors will be explained in detail to fully understand the underlying financial risk involved in our buying your home. These repair costs naturally reduce the market value determined previously in the comps presented for your property.

Time is an important variable when you list your home for sale, and as the saying goes, time is money. The longer a listing lingers on the market, the less the seller will realize for the property. There won’t be a disappointing last-minute call from your agent about your buyer failing to qualify for the loan because we buy homes for cash. Paying cash allows a professional buyer like Midwest HomeBuyers the ability to guarantee your closing date, usually within 30 days or less, meaning you can leave all of your worries about finding a buyer behind. You can carry on with life as usual because there won’t be any need to worry about continually cleaning and changing your schedule around for showings or other appointments. Just keep your wallet in your pocket because you won’t have to pay for a professional inspector, appraiser, or cleaning crew. Working with a professional buyer means you can sell your home while sitting back and relaxing, saving your quality time for your family and friends. 

At Midwest HomeBuyers, we are happy to answer any questions or concerns about your situation that you may have. Professional buyers from Midwest HomeBuyers will walk you step by step through how your home’s value is determined. Once we have reached a mutual agreement on a fair price, you’ll understand just how we develop our offers at Midwest HomeBuyers when buying houses in the Quad City Area! Send us a message or call Midwest HomeBuyers at (563) 723-0524 today to learn more about how we can help you sell your home!