Frequently Asked Questions - Selling My House 

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  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!)

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.

Dale Helm
Dale Helm
12:55 08 Jan 18
I highly recommend the Home Guys if you are looking to sell your home. The process was very streamlined, transparent, and straight forward. I worked directly with James whom I found to be a very honest, caring, and ethical businessman.James truly cared about our needs and listened to our concerns. Because of James our dream of a new home became a reality. A huge selling point for us was the fact that this transaction could occur far faster than a normal one, without realtor fees, closing costs, or the typical red tape.We had never done this kind of thing (selling to a home improvement company) but now that we have - we are really glad we did. It was the right move for our situation. If you are considering selling your home to a home improvement company (flipper) I do not think you will find a better one than the Home Guys - I give them the highest of ratings.
Dana Rankin
Dana Rankin
22:22 23 Sep 18
Great team awesome company!
Julie Amber Gianera
Julie Amber Gianera
15:20 14 Jan 18
Easy, easy, easy! I highly recommend MN Home Guys and would absolutely use them again. It was about two weeks from first contact to close, and then closing only took 15 minutes. Great company, wonderful service.
Brian Tucker
Brian Tucker
20:30 09 Jan 18
Easy to work with, very reasonable offer for my property, easy closing. Great doing business with them!
Brent Brent
Brent Brent
09:25 10 Jun 17
I contacted to Minnesota Home Guys to purchase our first home and really can’t say enough about them. They are knowledgeable, approachable and very professional. Buying a home in this market is challenging, but working with Minnesota Home Guys made it as painless and straightforward as possible. I would highly recommend them.
Grant Jones
Grant Jones
10:11 03 Jun 17
One of the best and fast services provider. They provided me a fair price for my house. I am totally satisfied. Thank you!
Andy & Mandy Fobear
Andy & Mandy Fobear
17:28 29 Mar 19
They have been a great team with who we have done work. Very nice, honest and genuine. "Do things right" is what they have said AND done.
Katie Wilson
Katie Wilson
17:21 02 May 19
This company was great to work with, it was like going through a usually stressful experience with a friend in the know. They were helpful and courteous and most of all kind. They treat everyone with empathy in an industry where it's commonly lost. I'd recommend them to anyone!
Claire Almon
Claire Almon
17:03 06 May 19
I had a very time sensitive situation and I had never sold a house before. I didn’t know what I was doing AT ALL which made it incredibly stressful to navigate through the sale process especially with the added pressure of a deadline ...then I met James from Homeguys. He immediately calmed my fears, made everything seem so easy and manageable and even helped me look for a new place! I had receives several different offers from other home investor company’s but in the end, I am so glad I went with home guys. James (and his lovely, patient wife) put up with my endless, sometimes nonsense emails and questions so kindly and walked me through any and everything that i didn’t understand.. I am so grateful for their kindness and patience with me. In the end, Home guys made this whole experience so much easier than I thought it would be and it went just as quick if not quicker than I thought it would. I would recommend homeguys to any and everyone that will listen!
Jane Thomas
Jane Thomas
16:28 26 Aug 19
I am completely satisfied with the service from Mn Home Guys. Brad was so good to work with. He answered all my texts and emails very promptly. Closing was very easy. There was no double talk, high pressure, and I was able to think through what was best for me without any unwanted suggestions. I would definitely recommend Home Guys if you need to sell your home effortlessly. Huge thanks to Brad.
Steve Huso
Steve Huso
21:29 12 Aug 19
I was exceptionally impressed by the integrity and competence of Minnesota Home Guys. Their straightforward approach and honest evaluation of the facts was impressive and invaluable for my decision making process. They provided a skilled and through examination of my property to give a clear range of potential options, with additional information to evaluate each option. I worked with Brad Sauer and appreciated his expertise and communication skills. I especially appreciated the careful consideration of my needs and the absence of any sales pressure. I highly recommend Minnesota Home Guys.
Aaron hanson
Aaron hanson
15:39 29 Aug 19
Will not return my phone call. Purchased a home that they flipped and are regretting the purchase big time. Unfortunately they had the JV team doing the work inside. We are accepting the consequences and are doing the best we can to make it our dream house.
Christopher Peterson
Christopher Peterson
20:40 26 Sep 19
I was looking into having my place bought outright, but James suggested I sell the house outright to obtain more equity. We listed the house at $199,000 and sold it for $210,000! My realtor, Tim, was very knowledgeable and made the process as easy as could be. I am definitely going to hire Minnesota Home Guys for any other real estate needs in the future.
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