Frequently Asked Cash Home-Buying Questions In Minneapolis, MN

Maybe you have a few questions. That’s okay; most people do. So here’s 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 (or give us a call) and we’ll 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. We are professional home buyers: We buy houses Minneapolis/St. Paul that meet our purchasing criteria. From there we may repair the house and resell it to another home owner or keep it as a rental ourselves.

Q:  Do you pay fair prices for properties?
A:  Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of 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 fair win-win price. (Besides, our no-obligation pricing commitment means that you do not 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… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]

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 values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

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 us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risk 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 it’s payments… and often with cash in your hand).

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 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 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 actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple days (sometimes 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 (which is the hard part in this market).

Q:  Is there any obligation when I submit my info?
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… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

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Learn The Pros and Cons Of Selling Your House To Local
Professional Home Buyer– FREE Guide: 

Download our FREE Guide here. Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash.

Get the FREE Guide and then give us a call at 612-429-3977 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.

I can’t say enough about how effortless the buy-out of my house went with Randy White of ReallyFastRealty!

I had two other bids, but Randy made me feel so comfortable and was so understanding about my situation that I just had to go with him. He answered all my questions promptly every time I texted him. He allowed me plenty of time to find a new home and move with no pressures. I would definitely 100% recommend doing a buy-out with ReallyFastRealty.

- Patricia Johnson

My experience with Randy White and ReallyFastRealty was exactly that—real fast!

I received an offer in less than a day and a finalized agreement in a few days. The closing took less than 15 minutes, and the whole process was completed in about three weeks. Randy was easy to work with and quick to respond to questions. I would recommend ReallyFastRealty to my friend.

- Lindy Nolen

Thank you so much for all your help!

I had a very strong impression/prompting to contact you regarding my house. Acting upon that was an answer to prayers. Thank you for sending Randy White.   He was wonderful. His compassion kindness patience and understanding were amazing.  You were a blessing sent from God!

- Lori Stepaniak

Multi Offer Approach Really Works!

ReallyFastRealty created a multi offer approach that was tailored just for me. I was able to make a selection that was best for my family.

- Virginia Holman

Relocated and Needed to Move Fast!

My family and I were relocating and needed a solution fast for our home. We contacted ReallyFastRealty and they were able to purchase our home within 1 month and we were able to relocate without issue. Thank you ReallyFastRealty!
Two THUMBS UP!

- Jaculyn Taylor

My House Was Ugly, And They Still Bought It…

I recently inherited a property and it was a mess. The whole house needed to be redone. When I called Randy White I quickly received an all CA$H offer to purchase the property. I was so relieved that I wouldn’t need to make any repairs to that piece of junk!

- Ricky Espenosa

The Simplest Sale We Ever Experienced…

Working with ReallyFastRealty has been awesome. I quickly received a fair offer to purchase my house and closed when I requested. I was very happy with the offer I received, and I appreciated how comfortable we were made to feel throughout the closing process. If you are looking to sell your house fast, I highly recommend working with ReallyFastRealty.

- Tammy & Richard Ferguson

So Thankful!

I am so thankful I decided to call ReallyFastRealty when I received the postcard in the mail. Randy and Chris with ReallyFastRealty, LLC, were so great to work with. They handled everything with very little effort on my part. Even when my situation caused some issues, they stuck with me and never stopped keeping my best interests at heart. Thanks to both of you! I will certainly recommend you to others!  Kathy K.

- Kathy K.