Frequently Asked Questions
Have questions? No problem – many people do. Here’s a convenient compilation of queries we often receive, along with our detailed responses. If you still have a question, feel free to reach out to us anytime. We’re here to help.
Q: Will you be listing my house on the MLS or actually buying it?
A: Excellent question. We operate differently from real estate agents. At K Real Estate & Investment LLC, we’re professional home buyers. We specialize in purchasing houses in Greenville that meet our strict criteria. We don’t rely on bank financing, so you can rest assured that we have the ability to close deals promptly. After acquiring a property, we may choose to renovate and resell it to another homeowner or retain it as a rental property ourselves.
Q: How are you different from a real estate agent?
A: Real estate agents typically list properties on the market and wait for potential buyers. They show properties to interested parties (which can take 4-6 months on average in many markets) and earn a commission based on the sale price. This commission usually ranges from 3 to 6% of the property’s value. For instance, on a $100,000 property, you’d pay between $3,000 and $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Greenville Agent | SOLD To K Real Estate & Investment LLC | |
|---|---|---|
| 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: Are your property prices fair?
A: Our approach involves purchasing many properties below market value, allowing us to resell them at a profit to other homeowners. We seek a fair discount when acquiring a property. From our experience, many sellers aren’t necessarily expecting a significant windfall. Instead, they value our ability to offer cash, quick closings (without waiting for financing), and eliminate the need for repairs or agent fees on their part. If you’re looking to sale your house in Greenville fast and see the value in a hassle free closing, let’s explore if we can agree on a mutually beneficial price. Remember, our no-obligation pricing commitment means you’re under no obligation to accept our offer, but it’s helpful to know what we’re offering!
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 in Greenville?
A: We understand the importance of transparency in our process. Our approach is straightforward: we assess the property’s location, required repairs, current condition, and recent sales of comparable houses in the area. By carefully considering these factors, we strive to provide a fair price that satisfies both parties – you, the homeowner looking to sell your house fast, and us, the buyer.
Q: Are there any fees or commissions to work with you?
A: What sets us apart from traditional selling methods is our fee structure: there are NO fees or commissions when you sell your house directly to us. Unlike listing fees that can take up to 6% of your proceeds, we offer a hassle-free transaction. We’ll present you with an offer, and if it aligns with your goals, we’ll purchase your property with no hidden costs. Additionally, we often cover the closing costs, easing the financial burden. Our profit is generated after we invest in repairs and resell the property. We shoulder the risks associated with selling for a profit, allowing you to walk away with cash in hand and without the property’s burdensome responsibilities.
Q: Is there any obligation when I submit my information?
A: Absolutely not. There’s zero obligation on your part. Once you provide details about your property, we’ll conduct an assessment and may schedule a call to gather more information. We’ll then present you with an all-cash offer that’s fair for both parties. Ultimately, the decision to sell your house to us rests entirely with you. We respect your autonomy and will support your choice, whatever it may be.
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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 Greenville homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at (252) 203-6149. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.