Perhaps you've got some inquiries on your mind. That's perfectly fine; it's natural to have questions. In fact, we encourage it because we want you to have all the necessary information to make an informed decision. So here's a condensed list of some common questions we receive, along with our responses.

And if you still find yourself pondering, feel free to reach out to us or give us a call. We're here to assist you.

 

Q: Will you simply list my house on the MLS, or do you actually purchase it?

 

A: That's a valid and understandable question. At JGBuysHomes.com, we're not agents, and we don't engage in listing properties.

 

We are professional home buyers: We acquire properties that meet our specific criteria.

Once we acquire a property, we might renovate it and resell it to another homeowner, collaborate with fellow investors, retain it as a rental, or explore other avenues. However, we don't just list it on the MLS because we're investing in it.

 

Q: Do you offer fair prices for properties?

 

A: Ah, the age-old question everyone wonders about but often hesitates to ask. (Not sure why. We're a friendly bunch!)

 

Many of the properties we purchase are, for various reasons, below market value (this allows us to resell them at a profit to another homeowner).

Naturally, we seek a fair discount on a property to facilitate a swift transaction.

From our experience, many sellers appreciate our ability to offer cash, close quickly (no waiting for financing), and alleviate the need for them to handle repairs or pay agent fees.

Essentially, we offer a discount in exchange for simplifying the process for you. Alternatively, we have options where we can offer you full market value if you permit us to pay over time through "seller financing," effectively making you the lender while we manage everything.

If this aligns with your objectives and you value a prompt sale, let's explore if we can reach a mutually beneficial price. (And remember, our no-obligation pricing commitment means you're not obligated to accept our offer, but it's valuable to understand what we propose!)

 

Q: How do you determine the price for my house?

 

A: Another excellent question!

 

We operate transparently, and our process is straightforward.

We consider factors such as:

The property's location. Naturally, properties in desirable areas command higher prices.

The current condition of the property and necessary repairs.

Comparable sales values in the surrounding area.

As you're aware, property values and market conditions vary widely. Some regions have yet to fully recover from the 2008-2009 downturn, while others, like our area in San Diego, are experiencing high demand.

We analyze various data points to arrive at a fair price that benefits both parties.

 

Q: Are there any fees or commissions involved?

 

A: None whatsoever.

 

Did you anticipate a more elaborate response?

Well, if you're up for it, here's the detailed version...

This is what sets us apart from traditional methods of selling your house...

There are NO fees or commissions when you sell your house to us.

We'll present you with an offer, and if it aligns with your needs, we'll purchase your house (and often cover the closing costs too!)

No fuss.

No fees.

Our profit comes after covering repair costs (if any) and selling the property for a profit (we assume the risk of selling it for a profit once we acquire it from you...

You can walk away without the burden of the property and its obligations, often with cash in hand, even if you have outstanding mortgage payments or liens on the property!)

 

Q: How do you differ from a real estate agent?

 

A: Working with real estate agents is perfectly fine if they meet your requirements.

 

Agents list properties, market them, and hope to find buyers. They show properties to potential buyers (the average time to sell a property in many markets is currently 6-12 months), and if a sale occurs, they receive a percentage of the sale price.

The agent's commission typically ranges from 3-6% of the house's sale price (meaning, for example, on a $500,000 house, you'd pay between $15,000 - $30,000 in commissions).

However, don't misunderstand us. Exceptional real estate agents are worth every penny because selling a house is no simple task.

Real estate agents provide a valuable service for those willing to wait 90 days to 6-12 months for a sale and who don't mind sacrificing some of the sale price to cover commissions.

In fact, here's a tip: If you don't choose to work with us, consider hiring a Realtor (a real estate agent with additional training and held to higher ethical standards).

Realtors may seem similar to real estate agents, and some agents are just as competent as Realtors. However, premium Realtors are challenging for average homeowners to identify because they lack the connections to receive referrals from experts. On the other hand, if a real estate agent is also a Realtor, you can reasonably trust their expertise and ability to secure top dollar.

Choosing a Realtor ultimately boils down to personal preference. If you feel comfortable with them, hire them.

And steer clear of agents or brokerages offering "just 1%" or discounted rates. They simply don't generate as much profit as a reputable Realtor. Generally, the additional commission they earn translates into a higher overall profit for you.

(One final note on real estate agents: Stick to their initial advice and quotes because when agents sell their own homes, they typically earn an average of $10,000 more than they do for their clients.)

Now, back to how we differ.

Simply put, we're not agents. We're home buyers.

Our company directly purchases houses. We don't list them.

Therefore, since we're the ones purchasing your house and transacting with all cash...

We can make a buying decision within days (sometimes even on the same day) rather than weeks or months. And thanks to our relationships with other investors, we have immediate access to cash for payment.

Moreover, our established partnerships with real estate companies afford us priority treatment, enabling swift escrow closure. But shh, that's our little secret!

Once again, we earn our keep by assuming the risk of buying your house with our own funds, handling repairs, and marketing it to find a buyer (which can be challenging in this market).

 

Q: Am I under any obligation when I provide my information?

 

A: None whatsoever.

 

There's absolutely no obligation on your part.

None. Zilch.

Once you share details about your property, we'll review them, perhaps schedule a call to gather more information, and then present you with an all-cash offer that's equitable for both parties.

From there, the decision to sell your house to us is entirely yours... and we won't pressure you. We won't pester you. It's entirely your call, and we respect your autonomy in deciding what's best for you.

Of course, we'll follow up until you give a definitive "Yes" or "No," but we won't hound you because we detest being hounded ourselves.