Frequently Asked Questions
Here is a quick collection of some of the questions our clients have asked us over the years, along with our answers. If you still have a question, please don’t hesitate to contact us anytime. We love to chat and would be happy to take you step-by-step through our process of buying Minnesota homes for a fair cash price fast.
Q: Will you be listing my house on the MLS or actually buying it?
A: We’re not real estate agents, and we don’t list houses for homeowners in Minnesota. We are professional home buyers and we purchase properties for cash. Once we purchase a home, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: How do you determine the price to offer on my house?
A: Great question! Our process is straightforward: we look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area. Using all of this information, we come up with a fair price that works for us and we hope works for you, too.
Q: Do you pay fair prices for properties?
A: The houses we purchase are often below market value. We do this so we can resell the property at a profit to another homeowner at a later date. In our experience, homeowners that prefer to sell for cash and need to get out from under a distressed property quickly aren’t necessarily expecting a large “windfall” on their house. Instead, they appreciate that we can offer cash, we close very quickly with no waiting for financing), and there are never any agent fees, commissions, or closing costs.
If that’s what you’re looking for and you see the value in getting your house sold fast, let’s see if we can come to a win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good 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 vs. the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: Are there any fees or commissions to work with you?
A: One of the best parts of working with a trusted and reliable direct home buyer like Resolution Home Buyers is that there are NO fees or commissions when you sell your house directly to us. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. In most cases, we can even cover your closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 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. We use our own cash to purchase Minneapolis area homes, cutting out the middle man to buy the house directly from you.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation! Tell us a bit about your property and we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us for cash. We want you to decide what’s right for you.
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