Hi everyone. This is Alex from Coastal Edge Homebuyers. Today, I wanted to go over something which is quite interesting, because family and friends often ask me, “Hey, Alex, can you tell me about what you do?” I tell them that I purchase homes with cash and they say, “How does this work? Why would anybody call you? You are not even a real estate agent?” Well, in some cases, people are better off actually talking to an investor and selling a house that way, to an investor for cash, as opposed to going the traditional route, which is to call a real estate agent and prep the house and put it up on the retail market. How would that work and why is it sometimes a better choice to go to an investor as opposed to a real estate agent?
Well, let’s compare them real quick. If you talk to a real estate agent and prepare the house for sale on the retail market, you have to sign an agreement with the real estate agent. You’re going to pay them 6% commission from the sales price. On a $200,000 house, that’s $12,000. You have to prepare the house, which means you’ve got to clean it up. You have to do repairs. You have to do staging. You have to do showings to potential buyers. You have to go through all of these steps. You don’t know when you’re going to close. You have to show it to potential buyers, which could be difficult if you’re living in the house too.
Well, let’s contrast that to a house that you may have, or somebody that you know has, which could be in great distress. What if you don’t want to do showings? What if you want to skip the agent commissions? What if you’re out of state? If your house falls under any of these conditions, you may not want to deal with this, to clean the house, prepare it, stage it, do repairs good enough for potential buyers to offer you great amount for the house. What do you do in this case? Well, you can sell “as is”, and that’s when you call an investor like us, like Coastal Edge Homebuyers, and this is exactly what we’re specialize in. We specialize in houses that are in some level of distress and when the owner wants to sell fast. If you live out of state, especially, that is also helpful. If you don’t want to come here and deal with it, deal with contractors, repairs, staging, and all that. It could be a big hassle. You can skip the hassle, skip the real estate agent commissions, talk directly to an investor like us, and this is how we work.
We’ll look at the house. We’ll give you a fair cash offer on the spot. There’s no cleaning, no repairs. You can even choose your closing date! It’s really a great convenience to have that, especially if it’s a house that you don’t need and if the house needs repairs, in some cases, significant repairs. Basically, in those cases, in selling that house to an investor probably is your best option, and that’s exactly what we specialize in. We work in Hampton Roads. We are located in the Virginia Beach, Virginia, but we service the areas of Virginia Beach, Hampton, Suffolk, Portsmouth, Chesapeake, Hampton, and Newport News.
If you have a house in any of those cities, for example it’s located in Hampton, and you’re wondering, “How do I sell my house fast in Hampton?”, just give us a call. We’ll be glad to help you out. We’ll present you with several options. You’re going to choose the best one for you, and you’ll be on your way with some cash in your pocket. Just give us a call. We are Coastal Edge Homebuyers, and you can reach us at 757-414-7117.