1. How is using Regal Property Group different from selling my house with the help of a real estate agent?
In the traditional real estate model, a real estate agent oversees the sale of your home, utilizing tools like the Multiple Listing Service (MLS) to showcase your property to a broad audience of potential buyers. This process often involves multiple property viewings, extending over weeks or even months until a suitable buyer is found. Following a successful sale, you typically encounter various expenses, such as title fees, closing costs, and the agent’s commission.
In contrast, as investors, we propose a prompt cash acquisition of your property or identify alternative buyers capable of the same. After property renovations, we reintroduce it to the market and sell it to generate a profit, which constitutes our source of revenue. When you choose to sell your house to us, we cover the costs related to inspections and closing, and you are not obligated to pay any commissions. We provide a cash payment, eliminating the need for a real estate agent and the additional expenses associated with their services. This results in a quicker sale, reduces the complexities involved, and offers a more streamlined experience.
2. How do I know this is my best course of action?
The conventional process of selling real estate can be lengthy and complicated, involving inspections, necessary repairs, and managing a constant stream of potential buyers visiting your property. These factors can impact the initial asking price, depending on negotiations regarding repair expenses between you and the potential buyer.
In contrast, we perform a thorough assessment of your situation and cover all upcoming costs associated with the sale of your property. This approach allows us to provide you with a fair proposal, quickly relieving you of the property.
Even if your property is in excellent condition, a rapid sale may still be attractive. After our in-depth evaluation of your real estate, we can offer personalized advice on whether involving a traditional real estate agent would be more beneficial for your specific circumstances.
3. How does it work?
In our company, we streamline the property selling process by eliminating intermediaries like real estate agents, lenders, appraisers, and inspectors. Our expertise lies in facilitating prompt and straightforward cash purchases of various properties, encompassing houses, condos, apartments, and land, irrespective of their condition or location. Our approach follows a clear path. We initiate with a comprehensive market analysis (CMA) to determine your property’s value after modern HGTV-standard renovations. Following this, we schedule a property inspection to assess necessary repairs and establish the costs associated with buying and selling your property.
To sustain our business, we incorporate a reasonable profit margin. However, our commitment is to keep it at a minimum level, ensuring a favorable deal for all parties involved. Rather than prioritizing substantial profits at the expense of homeowners, our focus is on assisting a broader range of individuals with modest margins. Transparency is fundamental to our approach, and we provide a detailed breakdown of the transaction.
By opting for our services, you can bypass expenses, the inconvenience of property showings, open houses, multiple inspections, and the extended listings typically associated with traditional real estate agents. Explore our How It Works page for further inquiries or a deeper understanding of our all-cash, as-is transactions. Feel free to call or text us at (720) 438-4045. Even if selling your property to us doesn’t emerge as the best option, we are more than willing to assist you in your selling endeavors!
4. Do you buy properties at retail prices?
We will provide you with a fair cash offer for your home, which may be less than the retail price. However, in terms of net value, our offer is comparable to selling your house at retail. Here’s why:
Receiving the full retail value involves hiring an agent who may charge commissions of up to 6%.
Most retail buyers have the seller cover up to 3% of their loan costs.
During the months it takes to sell your home, you will likely need to continue making mortgage payments, preventing you from utilizing that money elsewhere.
You may need to invest in repairs to make your home “market ready” before an agent lists it. Even after inspections, buyers may demand additional repairs before proceeding with the appraisal. These repairs can amount to thousands or even tens of thousands of dollars, with no guarantee of a successful sale.
Ultimately, selling retail often leaves you with tens of thousands of dollars less in your pocket. By choosing to sell your home to us in its current condition, you can potentially achieve a comparable financial outcome while saving yourself from the associated hassle.
5. How is the price you pay for my house determined?
Our process begins with a comprehensive assessment of your property’s after-repair value (ARV), indicating its potential market value after renovations. Our team of experts conducts an on-site evaluation to precisely gauge the necessary repair and refurbishment costs.
Furthermore, we take into account all expenses associated with selling the property. While choosing to sell to us eliminates the need for a real estate agent initially, we do engage their services for listing post-purchase. All holding and closing costs, fees, taxes, and commissions are covered by us, typically amounting to approximately 10% of the ARV.
Subsequently, we deduct the ARV’s repair, refurbishment, and selling costs, incorporating a modest profit margin. This calculation enables us to determine a fair and competitive offer. Often, this figure aligns with what you might receive through traditional means, considering the additional out-of-pocket expenses typically associated with using an agent. The advantage with us is that you receive the payment promptly in cash, bypassing the conventional challenges of selling through an agent, where securing a legitimate buyer can take months.
6. Will you still buy my house if it is in poor condition?
Certainly, the practice of house flipping is a central component of our business strategy. Our objective is to augment the property’s market value through essential repairs and improvements once it comes under our ownership. This strategic approach alleviates you from the burden of handling these tasks independently, ultimately resulting in a selling price comparable to what you would receive from us, all without protracted challenges.
While the typical duration of the transaction is around a month, it’s noteworthy that there are instances where we can conclude it in as little as two to three weeks. Our goal is to streamline the property selling process, ensuring a seamless experience for our clients. This expedited timeline is crafted to provide you with a prompt and efficient resolution while still delivering a fair market value for your property.
7. How do I sell my house quickly for cash?
We specialize in the prompt acquisition of properties for cash. To initiate the process, we engage in a comprehensive discussion about your property and its location, aiming to determine its maximum market value. Following this, we schedule a walkthrough to assess any necessary repairs and renovations. By factoring in the costs associated with these repairs and the selling process, we deduct them from the market value and incorporate our fair share. After completing this calculation, we present you with an offer that we believe will be highly satisfactory. The most appealing aspect is our ability to finalize the transaction in as little as 21 days, ensuring that cash becomes promptly available to you. This approach eliminates the prolonged waiting periods and complexities often associated with engaging an agent and listing your property.
8. Am I obligated to do business with you once I complete the form?
Filling out the form doesn’t lock you into using our services. Even if we kick off the process and you later decide it’s not the right fit, there are no associated costs. We’re confident you’ll see the value in what we offer, but we completely respect your choice to explore other options. Our main goal is to help you find the solution that aligns best with your needs. Our earnings come solely from the profit generated after acquiring and successfully selling your property on the market.
If you have any questions, that’s completely normal — we’ve compiled a list of frequently asked questions with informative answers. But if your question isn’t covered, feel free to contact us (or give us a call directly), and we’ll be more than happy to help satisfy your curiosity.