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FREQUENTLY ASKED QUESTIONS
We’re an open book at Florida Cash Real Estate. If you have questions about how we buy houses in Florida, we’ll be happy to answer them! See a few of the frequently asked questions below and if you want more information, please get in touch with us in person!
1. How is using Florida Cash Real Estate different from selling my house with the help of a real estate agent?
In the traditional real estate model, a real estate agent oversees the sale of your home, utilizing tools like the Multiple Listing Service (MLS) to showcase your property to a broad audience of potential buyers. This process often involves multiple property viewings, extending over weeks or even months until a suitable buyer is found. Following a successful sale, you typically encounter various expenses, such as title fees, closing costs, and the agent’s commission.
In contrast, as investors, we propose a prompt cash acquisition of your property or identify alternative buyers capable of the same. After property renovations, we reintroduce it to the market and sell it to generate a profit, which constitutes our source of revenue. When you choose to sell your house to us, we cover the costs related to inspections and closing, and you are not obligated to pay any commissions. We provide a cash payment, eliminating the need for a real estate agent and the additional expenses associated with their services. This results in a quicker sale, reduces the complexities involved, and offers a more streamlined experience.
2. How do I know this is my best course of action?
The conventional process of selling real estate can be lengthy and complicated, involving inspections, necessary repairs, and managing a constant stream of potential buyers visiting your property. These factors can impact the initial asking price, depending on negotiations regarding repair expenses between you and the potential buyer.
In contrast, we perform a thorough assessment of your situation and cover all upcoming costs associated with the sale of your property. This approach allows us to provide you with a fair proposal, quickly relieving you of the property.
Even if your property is in excellent condition, a rapid sale may still be attractive. After our in-depth evaluation of your real estate, we can offer personalized advice on whether involving a traditional real estate agent would be more beneficial for your specific circumstances.
3. Who are you?
We are Florida Cash Real Estate, an established presence in the real estate sector with a proven track record of assisting numerous sellers. Recognizing that selling a home is a significant decision, we acknowledge that each individual’s circumstances are unique. Through our collaboration with a network of affiliated investors, we are unwavering in our dedication to identifying the best solution and presenting an offer tailored precisely to your needs.
Transparency is fundamental to our principles. Our team and I are committed to providing honest assessments of your property, ready to guide you towards a more suitable alternative if our offer doesn’t align with your best interests. Rest assured, there are no obligatory commitments to avail of our services, and we do not acquire every property presented by potential sellers. We encourage you to explore Our Company page for deeper insights into our operations. We take pride in our steadfast reliability, our commitment to transparent and personable communication, and the wealth of expertise we bring to the table.
4. How does it work?
In our company, we streamline the property selling process by eliminating intermediaries like real estate agents, lenders, appraisers, and inspectors. Our expertise lies in facilitating prompt and straightforward cash purchases of various properties, encompassing houses, condos, apartments, and land, irrespective of their condition or location. Our approach follows a clear path. We initiate with a comprehensive market analysis (CMA) to determine your property’s value after modern HGTV-standard renovations. Following this, we schedule a property inspection to assess necessary repairs and establish the costs associated with buying and selling your property.
To sustain our business, we incorporate a reasonable profit margin. However, our commitment is to keep it at a minimum level, ensuring a favorable deal for all parties involved. Rather than prioritizing substantial profits at the expense of homeowners, our focus is on assisting a broader range of individuals with modest margins. Transparency is fundamental to our approach, and we provide a detailed breakdown of the transaction.
By opting for our services, you can bypass expenses, the inconvenience of property showings, open houses, multiple inspections, and the extended listings typically associated with traditional real estate agents. Explore our How It Works page for further inquiries or a deeper understanding of our all-cash, as-is transactions. Feel free to call or text us at (850) 820-8505. Even if selling your property to us doesn’t emerge as the best option, we are more than willing to assist you in your selling endeavors!
5. Why should I choose your company?
At the heart of our service, we take great pride in offering you trust and transparency. We strongly emphasize breaking down every financial aspect with clear and straightforward mathematics, ensuring a precise understanding of the offered price and the anticipated profit. Rest assured, our primary objective is to provide you with the highest achievable payment. Additionally, we provide a comprehensive overview of the time and money you save by choosing to sell your property to us. Our unwavering commitment to honesty and fairness has earned us an outstanding reputation throughout Florida.
Without undue pride, we have positioned ourselves as the premier cash homebuyer in Florida. Our approach revolves around treating clients with the utmost integrity and respect, establishing us as the region’s leading experts in cash home purchases. We genuinely care about your timeline, concerns, and terms, working to present an offer that leaves you genuinely content. Our extensive network of investors and partners is dedicated to facilitating a smoother and swifter transition to the next chapter of your life.
6. What do you do with my house once you buy it?
Upon acquiring your property, our initial step is to commence the refurbishment process, addressing any required repairs and renovation tasks to elevate the property to standards reminiscent of those featured on HGTV. Following this, we collaborate with a trusted agent to list and oversee the property’s sale, covering all associated expenses, including repairs, closing costs, fees, and commission. Ultimately, we derive satisfaction from the modest profit generated, enabling us to persist in assisting other clients in their seamless property selling endeavors. We take pride in our role in making positive contributions to communities and the economy by enhancing the value of neighborhoods throughout the state.
7. How many houses do you buy?
At the core of our business strategy is the acquisition of multiple properties, enabling us to extend the most favorable prices to you. Despite operating with narrower profit margins, the cumulative impact proves substantial, thanks to our extensive client base. This approach ensures mutual benefits, allowing us to assist a broader range of individuals and positively contribute to the communities we serve. In situations where a direct purchase of your property is not feasible, one of our investment partners may step in. We collaborate with seasoned professionals in the house flipping industry, and throughout the closing process, we engage the services of local, reputable attorneys to ensure a smooth and expedited selling experience for you.
8. How is the price you pay for my house determined?
Our process begins with a comprehensive assessment of your property’s after-repair value (ARV), indicating its potential market value after renovations. Our team of experts conducts an on-site evaluation to precisely gauge the necessary repair and refurbishment costs.
Furthermore, we take into account all expenses associated with selling the property. While choosing to sell to us eliminates the need for a real estate agent initially, we do engage their services for listing post-purchase. All holding and closing costs, fees, taxes, and commissions are covered by us, typically amounting to approximately 10% of the ARV.
Subsequently, we deduct the ARV’s repair, refurbishment, and selling costs, incorporating a modest profit margin. This calculation enables us to determine a fair and competitive offer. Often, this figure aligns with what you might receive through traditional means, considering the additional out-of-pocket expenses typically associated with using an agent. The advantage with us is that you receive the payment promptly in cash, bypassing the conventional challenges of selling through an agent, where securing a legitimate buyer can take months.
9. Do you pay a fair price?
We’re dedicated to maintaining a stellar reputation and the highest standards of integrity, ensuring we consistently provide you with a fair and friendly offer. Transparency is a cornerstone of our approach, and we use straightforward calculations to break down every aspect, giving you a clear understanding of how we arrive at our proposed price.
Here’s how it works: we thoroughly evaluate your property’s market value, considering necessary repairs and post-purchase renovations. We then subtract the expenses tied to these enhancements, along with all the costs associated with selling the property. Our modest commission is factored in afterward, resulting in the cash offer we present for your property. This open and thorough process is crafted to make sure you have a friendly and well-informed perspective on the value we place on your property.
10. Do I need to clean my house before you buy it?
An important feature of our process is the guarantee that you won’t have to concern yourself with cleaning or repairing any aspect of your property. Just leave it in its current state, and we’ll handle all necessary aspects after the purchase of your home. This level of convenience stands out as one of the key benefits that our clients truly value when opting to sell their properties through this streamlined process.
11. Will you still buy my house if it is in poor condition?
Certainly, the practice of house flipping is a central component of our business strategy. Our objective is to augment the property’s market value through essential repairs and improvements once it comes under our ownership. This strategic approach alleviates you from the burden of handling these tasks independently, ultimately resulting in a selling price comparable to what you would receive from us, all without protracted challenges.
While the typical duration of the transaction is around a month, it’s noteworthy that there are instances where we can conclude it in as little as two to three weeks. Our goal is to streamline the property selling process, ensuring a seamless experience for our clients. This expedited timeline is crafted to provide you with a prompt and efficient resolution while still delivering a fair market value for your property.
12. Wouldn’t listing my house with an agent on MLS be easier?
Choosing a real estate agent and listing your property on various platforms may seem reasonable in certain situations, but it often leads to a prolonged and challenging process. Managing a continuous flow of potential buyers touring your property can be exhausting. Additionally, overseeing appraisers and inspectors, along with handling repairs independently, can be burdensome as you work towards achieving your desired selling price.
Certainly, making renovations could enhance your asking price, but it comes with significant expenses that you must cover on your own. Enduring weekend open houses and the persistent stress of potentially lowering your price after weeks or months of no success can be extremely taxing. Furthermore, even after finding a buyer, the closing process can extend over several weeks.
On the contrary, we provide a quick and hassle-free solution to help you secure the desired cash amount for your property. Our method ensures a swift transaction, enabling you to proceed without unnecessary delays or concerns. Our streamlined approach eliminates the need for extended property showings, open houses, and the complexities associated with traditional real estate methods.
13. Will you list my house on the MLS?
We abstain from listing our clients’ properties on the Multiple Listing Service (MLS). In contrast to real estate agents who aim to find buyers for your property, we assume the role of the buyer ourselves. Collaborating closely with your input, we meticulously craft the most favorable offer and present it to you. Our involvement extends throughout the entire process from start to finish. Once we acquire your property, we manage any necessary repairs and subsequently sell it to generate a profit. Meanwhile, you can receive cash promptly, avoiding unnecessary delays. We provide a detailed breakdown of the intricate calculations used to determine the offer, ensuring that you are well-informed and satisfied with the outcome.
14. Should I just list my house with an agent?
Considering your timeline and the extent of necessary repairs, choosing to list your property with a real estate agent can be a viable option. However, it often turns into a challenging and prolonged process, involving extended showings, inspections, and potential financing hurdles that may extend the selling process for several months. For those seeking a faster and more hassle-free alternative, Florida Cash Real Estate presents a solution. We offer a streamlined and professionally managed experience that ensures a prompt transaction, providing cash in hand and alleviating the stress typically associated with traditional selling methods.
15. How do I sell my house quickly for cash?
We specialize in the prompt acquisition of properties for cash. To initiate the process, we engage in a comprehensive discussion about your property and its location, aiming to determine its maximum market value. Following this, we schedule a walkthrough to assess any necessary repairs and renovations. By factoring in the costs associated with these repairs and the selling process, we deduct them from the market value and incorporate our fair share. After completing this calculation, we present you with an offer that we believe will be highly satisfactory. The most appealing aspect is our ability to finalize the transaction in as little as 21 days, ensuring that cash becomes promptly available to you. This approach eliminates the prolonged waiting periods and complexities often associated with engaging an agent and listing your property.
16. Do I have to pay fees and commissions if I work with you?
You can rest assured that concerns about fees or commissions are unnecessary when partnering with us, as our operation differs from traditional real estate agents. Fees and commissions only come into play when we sell the property after acquiring it from you. Our straightforward pricing process involves three essential steps: firstly, determining the market value; next, assessing expenses related to repairs, renovations, selling, and profit; and finally, presenting you with a calculated price. Upon your approval, we collaboratively select a closing date and complete the necessary paperwork with the guidance of a trusted local attorney. This efficient process enables you to swiftly sell your property and receive cash without incurring additional expenses.
17. Am I obligated to do business with you once I complete the form?
Filling out the form doesn’t lock you into using our services. Even if we kick off the process and you later decide it’s not the right fit, there are no associated costs. We’re confident you’ll see the value in what we offer, but we completely respect your choice to explore other options. Our main goal is to help you find the solution that aligns best with your needs. Our earnings come solely from the profit generated after acquiring and successfully selling your property on the market.
If you have any questions, that’s completely normal — we’ve compiled a list of frequently asked questions with informative answers. But if your question isn’t covered, feel free to contact us (or give us a call directly), and we’ll be more than happy to help satisfy your curiosity.