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 direct home buyers, not real estate agents. At Mark Buys Houses Atlanta, we purchase homes in Greater Atlanta directly. This means we don’t list your house for sale and hope for a buyer. We use our own cash, so you won’t need to worry about financing issues delaying the closing. Once we buy the property, we might make renovations and resell it, or we might keep it as a rental property. This direct approach allows us to make quicker decisions, often within days or even the same day.
Q: How are you different from a real estate agent?
A: Traditional real estate agents market homes with the hope of finding a buyer. They show properties, which can take months to sell (often 4-6), and then take a commission (typically 3-6%) upon sale. So, on a $100,000 house, you’d pay $3,000-$6,000.
Agents are valuable if you can wait and don’t mind the commission. However, we differ. We’re direct buyers. Our firm purchases your home from you. Because we use cash, we decide quickly, often in days or even hours. We buy the property, handle any repairs, and then find a buyer ourselves.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Greater Atlanta Agent | SOLD To Mark Buys Houses Atlanta | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: We often buy properties for less than their market value. This enables us to renovate and then resell them for a profit. We aim to negotiate a reasonable discount. Many sellers, in our experience, aren’t necessarily looking for the highest price, but instead value our ability to provide a quick, cash offer and close without delay (no financing issues). They also appreciate not having to make repairs or pay agent fees. If a fast sale with minimal hassle is what you desire, let’s see if we can agree on a price that benefits us both. Remember, you’re not obligated to accept our offer, but it’s helpful to know what we’re prepared to pay!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: It’s a fair question! We’re committed to being upfront about how we determine our offers. Our approach is very clear. We take several factors into account: your property’s location, the extent of necessary repairs, its current state, and the prices of similar homes recently sold nearby. By considering all of these details, we arrive at a fair offer that reflects the market and aims to meet what you, as the homeowner, are hoping for.
Q: Are there any fees or commissions to work with you?
A: Experience the difference with us – when you sell your home to Mark Buys Houses Atlanta directly, there are zero fees or commissions. This is a significant difference compared to listing with a real estate agent, where you might lose up to 6% of your sale price to fees. We’ll provide a fair offer, and if you accept, we take care of everything without any hidden costs. In some cases, we even cover the closing costs! Our earnings come from renovating and reselling the property later. Selling to us means you avoid the expenses and worries of owning a property, and you get cash and peace of mind.
Q: Is there any commitment when I provide my information?
A: There’s absolutely no obligation on your part. When you tell us about your property, we’ll assess the information, possibly arrange a brief call to get more details, and then provide you with a competitive, all-cash proposal. Selling to us is completely up to you. We honor your decision and encourage you to do what feels right for your circumstances.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help Greater Atlanta homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 404-991-5491. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.