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 not agents, and we don’t list houses. Here at Integrity Acquisitions, we are professional cash home buyers: We buy houses Phoenix that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Because we don’t have to list the property, wait for a traditional buyer, make sure financing checks out, and run all of the inspections we are able to guarantee a quick and seamless closing. We are also able to remain flexible to meet your needs should you have a specific time frame you need to meet.
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 if there are any (the average time to sell a property in many markets right now is 2-4 months) 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 $6,000 to $10,000 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 Phoenix Agent | SOLD To Integrity Acquisitions | |
|---|---|---|
| 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: Many of the houses we purchase are based on fair market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees. 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 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: Great question, and we’re an open book. Our process is very 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 recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
The value of a property is determined by the value of other homes in very close proximity to your property that very closely resemble your property. We evaluate hat those other properties sold for recently to get an idea of what the final value of your property could potentially be.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too!
You’re probably asking yourself “What’s the catch”? There is no catch however we are transparent int he fact that we do buy properties with the intention to make a profit on them.
We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, 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. We’ll let you decide what’s right for you.
If the property is not a good fit for what we are looking to do then we will be the first to let you know and do our best to help you find the appropriate solution. We are a company that aims to be of service even if it means we are the the best fit. We work hand in hand with many industry professionals to make sure we are able to meet the needs of our clients.
Q: Is your company reputable?
We think so! But we know that doesn’t mean a whole lot. We take pride in how we help our clients achieve their goals and feel the best way to help even more clients is by reviews and word of mouth. We have some customer testimonials on our website from real clients we’ve worked with. We are in the process of getting accredited by the Better Business Bureau to leave no doubt that we are the best company in the market to work with.
Q: Will I have to clean out my entire house before selling it?
When we say we’re buying your house as is, we mean it! A lot of times we know that moving can be a huge headache and it doesn’t always make sense to take everything to your next place. Because of this we don’t want our clients to have to worry about leaving the place empty or making sure it’s clean. As long as the property is left in the same condition as when we made an offer on it then we will honor that price regardless of condition. We want to continue to be the easiest and most stress free option for selling your home. Don’t hesitate to reach out!
Q: Why would I sell at a discount when I can get more on the market?
Believe it or not we get asked this question all the time from prospective clients. They are wondering why it make sense to sell their house at a slight discount instead of putting it up on the market and trying to get their full asking price. The answer is simple. Convenience. Most people don’t realize that it is difficult to sell a house on the market that is not in pristine condition. First time home buyers don’t want to have to deal with the process of renovating things that need to be fixed and managing a project. They would rather move in to a house ready to serve them.
If you have a house that has some deferred maintenance like a roof that needs to be replaced, outdated appliances, leaky plumbing , or foundation issues then it likely won’t sell for top dollar on the market. In this case it is probably worth going with a company such as Integrity Acquisitions to get the sale completed quickly and efficiently.
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Get your FREE Guide and then give us a call at CALL US! (480) 393-5331. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.