FAQ

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 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.

Agents provide a great service for those that can wait 4+ 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 buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even 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.

A:  Great question. We’re not agents, and we don’t list houses. Here at Mercado Property Group LLC, we are professional home buyers: We buy houses fresno that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

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 directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks 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 its payments, as well as cash in your hand.

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 the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.

A:  Many of the houses we purchase are below market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to 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 win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!

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. We’ll let you decide what’s right for you.

We understand that if we don’t make realistic offers, we’ll never be able to buy houses. Therefore, we do everything we can to give you an offer that works for you. We work hard to control renovation expenses and keep our rehab budget low so that we can pass some of those savings on to you.

Ultimately, we base our offers on the finished value of the property and how much it will cost to renovate it. If you’d like, we can share with you how we calculate your offer. And remember, you have no obligation to accept it! Even if we end up not being your buyer, we will share as much information with you as we can to educate you and help you pick the best path for your situation.

We charge zero fees! When we make an offer on your property, the price you see is the price you will get at closing. Compare that to selling your house on the market. First, agent fees are typically 6% of the sales price. Also, closing costs can be several thousand dollars if the buyer asks you to pay them. Lastly, retail buyers often perform inspections and request a list of repairs which can cost thousands of dollars.

You won’t have to worry about any of these fees when you work with us. We don’t charge agent fees, we pay your closing costs, and we won’t ask you to fix anything. These perks alone can save you tens of thousands of dollars!

We understand that this might be one of the top questions on your mind. Several factors go into each offer that we make on a house. The most important considerations are the location, size, condition, finishes, what nearby homes have sold for, and what we plan to do with the property.

We take all of these things into account and work to calculate an offer that will work for you. We also consider your near-term plans and try to structure our offer to help you meet them!

Real estate agents specialize in listing properties on the MLS (Multiple Listing Service). Instead, we will actually be the ones buying your house! When you work with us, you won’t have to worry if someone will make an offer on your house or not because we’ll personally give you one. Also, you won’t have to wonder who is buying your home because we’re your buyers!

Although many people confuse agents and investors because they are both involved with real estate, their roles are quite different. If you are okay with getting your property list ready, accommodating multiple showings, and dealing with the entire traditional sales process in order to find the highest offer out there, listing your house with an agent might be for you. However, if you prefer to skip the hassles and get a fair offer for your home immediately, we can do that for you!