How Do I Sell My Florida House For Cash?

“We Buy Homes Cash In Florida” buys houses all over Florida for cash.

We Really Make It Easy As 1, 2, 3!

Yeah… But You Also Want To Know How We Create Your Cash Offer? Right?

“We Buy Homes Cash In Florida” practices being completely transparent with our customers as we believe trust and transparency are at the foundation of our business. So to sell your house fast in Florida, we encourage you to educate yourself before you decide what your best options are.

What we will explain next is a full breakdown of the entire home buying process when you work with us. You’ll gain insight on our process, showing you exactly how we create your offer from beginning to end, making you an expert on the topic. Due to the nature of our transparency, you will never be left guessing how our process works.

Is Selling Your Florida House For Cash The Best Option For You? Let’s See!

So You Want To Sell Your House For Cash?

…And Still Want A Great Offer!

I am sure you are probably wondering at this point, “Whats the catch???” A lot of home buying companies boast fair offers within 7 minutes… all without stepping foot into your home! Which sounds to good to be true…

And You Are Right! Because it is.

Most of the time, they will make you an inflated offer to discourage you from looking at offers from other companies. They will have you sign a contract, only to find out they will lower your offer from the result of an “inspection”. Don’t fall for this!

Enough Talk About Doing It The Wrong Way…
Let Us Show You The Right Way!

Here’s How We Create Your Cash Offer

It’s in our best interest to make you the highest possible offer.
Why is that?

Let me explain

Most house buying companies spend their time trying to offer you the lowest amount possible. This doesn’t make sense to us. We try to buy as many houses as possible, and insulting YOU, isn’t the right way to do business. Instead, we spend our time doing walk-throughs of Florida homes. We also spend time and money driving to properties all over Florida. All of these services are 100% FREE to you. Knowing that no one would accept a low offer, we would have spent a ton of time, money, and effort for nothing.

That being said,

“We Buy Homes Cash In Florida” stays running by getting our offers accepted, in fact, it is our most important process of home buying. This is why we are 100-percent committed to giving you our highest possible cash offer that meets your home-selling needs. Our winning formula is made of offers you’ll be happy with!

Our Offers Are Based On After Repair Value (ARV)

Simply put, this is just our way of saying we calculate your offer on the market value of your house after it’s been fixed up. Based on this value is how we formulate our offer.

Exactly How?

Let’s Use This Example

What do we know now?

Well we know if we made the same improvements to your house, (AFTER we buy it from you clearly) bringing the house close to the condition as the house across the street, we would also be able to sell it for $400k

Therefore,

We know that the Market Value of your house after its been upgraded (in this case it’s 400k) and we know the costs of the repairs. We can now make an offer that works for us. If this offer happens to work for you, great! We can close on your property when YOU want and get your cash in hand. As you can see, our offers are based solely on the numbers, not based on how desperate you may or may not be to sell.

The Offer

If you are a numbers person, you will great appreciate this section. If your’e not, don’t worry, we’ll explain this section in further detail. We value honesty and transparency. We have no problem sharing with you how we formulate our offers.

[Your Offer] = [After Repair Value] – [Cost of Repairs] – [Our Selling Costs] – [Our Minimum Profit]

Uhhh…. Well what do those terms even mean?

~Don’t Worry! We got you covered!

Let’s Use Our Example

• You remember the house across the street, that was identical to yours, although it had been fully remodeled and upgraded? Ok, great!
• We also know the house across the street sold for $400k.
• Once we bring your house to the same condition,(AFTER we buy it of course) it will also be worth 400k.

The Numbers…

First off, we need to recognize that your house in the current state would not sell for $400k when all the other houses that are for sale in your area look as great as your neighbors.

Let’s say you are a potential home buyer. Would someone be interested in buying a lesser home for $400k, when a much nicer home sells for the same price? Probably not, it wouldn’t make much sense to do so.

So you’re probably thinking “Okay if the house would sell for 400k after it’s fixed up and upgraded, how much would it sell as-is? “

Let’s say that while you are going through options to sell your home, you contacted a real estate agent, and he or she tells you that the current condition of your home is worth $275,000.

After speaking with the agent, you call us and I pick up the phone. My team and I schedule a time to meet with you, where we conduct our walk-through. I bring our contractor to the walk-through so he can let us know what needs to be fixed (and what doesn’t) and also because he knows what home buyers are currently looking for.

As we conduct the walk-through, our contractor gives us an accurate estimate of the cost of repairs(COR), providing us exactly with what needs to be upgraded/repaired and what doesn’t.

The more accurate these numbers are (we only work with the best contractors), the more accurate (and the higher) your offer will be! Let’s say our contractor gives us a cost of repairs of $90k.

Now We Are Ready To Make You An Offer!

Here is the breakdown of all the numbers:

Analyzing The Offer

So, the house is worth $275k as-is, meaning that if you listed it with a real estate agent you could sell it for $275k. Well, not too fast, let’s not forget about those agent fees and closing costs you would have to pay, which are about 10% of the sale price. After selling it with the agent (leaving it on the market for 4? 5? months) you will get $247,500.

So now there is a decision to be made.

Sell it for a guaranteed sale of $230k in as little as 7-21 days, or a “maybe sale” for $247,500 hopefully within 4 to 5 months.

~Decisions, decisions, decisions

Wait! But What If..?

The Cost of Repairs Was $50K instead of $90k!

Now things have gotten interesting! The offer now becomes:

As-Is Value = $275k
ARV (After Repair Value) = $400k
COR (Cost of Repairs) = $50k
Our Selling Cost (10% x ARV) = $40k
Let’s Say Our Minimum Profit For This Purchase = $40k

[Your Offer] = [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]
Your Offer = $400k – $50k – $40k – $40k = 270k

Yes! That is $22,500.00 MORE than you would have got if you had listed it with an agent, (remember, you would only get $247,500 after listing and agent fees) and you would have sold it in weeks, not months! Again, our offers are based solely on the numbers, not on how desperate you are to sell.

Why Our Offers Are Better

Yes we know, we know. Everyone of our competitors say the same thing. But there are some key differences with our home buying process we want to make clear. These differences are what set us apart from our competitors and get you a better offer 🙂

See, the reason our offers are so fantastic, is because our offers are based on concrete numbers provided by industry professionals. We only work with the best contractors, and they give us great pricing on our rehabs as we bring them a LOT of business.

Our deal with these contractors has allowed us to keep our cost of repairs low. If we can keep our cost of repairs low, we can obviously give you more cash for your Florida house as previously explained in our equation above.

Secondly,

We try to do as much of this work we possibly can ourselves. This is so we do not have to pay our contractors to do everything. Therefore, keeping the cost of repairs low. Sound’s great for us right?

Obviously we can not always do this as we buy many houses at a time, but we can genuinely try to keep the cost of repairs as low as possible so we can get you the highest offer possible for your Florida house.

Why do we go out of our way to give you the highest possible offer???

Well, think about it! Since we can give you more than our competitors can, you will sell to us. And of course, this is what we want, the ability to leave you an enjoyable selling experience and a smile 🙂