You May Be Asking Yourself, “How Do I Sell My House Fast in Georgia?”
We Buy Houses in the entire Atlanta Metro Area, including Georgia state with CASH! Joint Venture Real Estate have made it easier than ever to sell your house fast and put cash in your pocket.
We break it down into the Four Easy Steps you see below. Never again will you wonder, “How do I sell my house fast for cash?”
- Tell us about your property – Quick, Easy & Free!
- If it meets our buying criteria, we’ll contact you to set up a quick appointment. We can even do this Virtually!
- We’ll present you w/ a fair written, no-obligation offer
- We close at a local reputable title company, cash in your hands in as little as 7 days
Now, those are the just basic steps involved…
…But, let’s dig a little deeper with a fully detailed explanation on how the entire house buying process works from beginning to end so you can have an idea of what your best options are when looking for someone to buy your house here in Georgia.
We’re Here To Help You Sell Your House In Atlanta metro and across Georgia
We Know That Selling Your Home Is A Big Decision. You’re probably wondering “How do I sell my house fast in Atlanta, Georgia for Cash”, and “Where can I find House Buyers that are going to offer me a fair price for my home”. There are other companies here in GA that want to make an offer over the phone without even seeing your house. That doesn’t make any sense…We come out to every property that we make an offer on (Obviously, Covid-19 has changed this a bit, but we have Virtual appointments available to view the property).
We pride ourselves on full transparency and providing all the necessary information to you. So at the end of the day, you are CERTAIN you made the correct decision if you sold to us.
Let’s Start by answering the most common questions we get about how this all works:
What do we consider to formulate your cash offer?
We’re Ty and Mia, it’s one of us you’ll talk to about your offer. Our goal is to give you the strongest offer possible so we can buy your house. To do that, we need to understand your needs. Like…
- How quickly do you want to sell?
- Why are you selling?
- What’s the condition of the house?
- How much do you need for it?
- What’s important when you sell?
Learning about your situation is how we form an offer that’ll work for you, since its never a “one size fits all” solution with something as big as to sell your house fast.
So how much am I going to get for my house?
This is usually the most popular question and for good reason. You want to get a fair price! So let’s break down how it works when we calculate how much we can pay for your house.
How We Make Our Offers To Buy Your GA Home
It’s In Our Best Interest To Give You Our Highest Possible Offer. Quite frankly, we can only afford to stay in business by getting offers accepted, and the only way to do that is to give offers you’ll be happy with! We truly do our best to give you the highest possible offer we can give.
Our Offers Are Based On Your Home’s “After Repair Market Value”!
All this means is that we’ll look at what the value of your home would be, completely fixed up. Based on this value we will formulate your offer!
So it looks a little like this:
Imagine you have a house in Cobb County that you want to sell…
Now, also imagine your neighbor, has the exact same, identical house as yours, except for a few upgrades he made… say, he added granite or quartz countertops, remodeled the bathroom, applied a freshened up the paint, put a new roof on, and put hardwood floors in.
Finally, imagine he sold his house for $400,000.
In this scenario, we know a couple of things: We know, that If we make the same upgrades to your house (AFTER we buy it from you of course), bringing the house to a very similar condition as your neighbor’s house, we would also be able to sell it for $400K (we normally use more than one neighbor’s house, but we’re keeping it simple for now :).
We know the Market value of your house if we fixed it up (in this case $400K), and we know the cost of repairs/upgrades. We can now make an offer that works for us. If this offer also works for you, great! We close and you get your money at closing! As you can see, we make offers based on the market numbers, not based on how desperate you may or may not be to sell.
Now we get to the offer:
Because we value honesty and transparency. We have no issues sharing with you how exactly we formulate our offers.
[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit].
Clear as mud? Yeah, it makes much more sense if we get some definitions out of the way first:
After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house. Yup we are just like your favorite HGTV flipping show.
Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.
Our Selling Costs: Although we buy houses without involving agents, we on the other hand, have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us ;). This is usually 10% all together of selling price. (Our Selling Cost = 10% x ARV)
Our Minimum Profit: Well, this IS a business after all, and we wouldn’t be able to stay in business, buy more houses, pay contractors, plumbers etc., if we didn’t make some sort of profit. However, we keep this to an absolute minimum so we can present you with the highest possible offer. See, our business model is structured around making many deals with a little profit per deal, and not a few deals with a huge profit per deal. This benefits all.
So back to that gibberish above (but, in English this time):
The market value of the house (after we fix it up), minus ALL our costs fixing it up (including our profits), will be the offer. How simple is THAT!
Here’s a real life example of a house we purchased recently. Hopefully, this will shed even more light on how we make offers:
Let’s say this is your house in its current condition:
Not in great shape. We’ve seen worse, but this one is workable.
Now remember your neighbor we imagined earlier that had the exact same house as yours? Well, this is what theirs looked like inside after some of those upgrades:
No wonder he sold it for $400K, it is gorgeous! WOW!
In order for us to also be able to sell your house (well, our house after we buy it from you) for $400K, we need to bring your house to the same condition as the house of your neighbor, or better, so that we can also sell it for $400K!
Because we will not be able to sell the house in this current state for $400K when all the other houses that are currently for sale in your area look as gorgeous as your neighbor’s. Would you as a buyer be interested in buying a house in lesser condition for $400K when a much nicer house sells for the same price? No? Well, of course not!
The obvious next question would be: “So, if the house after it is completely fixed and updated would sell for $400K, for how much would it sell as is”?
This is where the magic happens:
We have an in-house agent that would consult with our contracting crew. The agent’s job is to tell the contractor what has to be done (since she knows what current buyers are looking for) and what doesn’t have to be fixed (to save on the cost of repairs which can result in a higher offer for you).
Agent: Tells us we need granite or quartz like the neighbor, hardwood floors like the neighbor, new appliances, etc. because the neighbor’s house sold for $400k and that’s sort of our guide post here.
Contractor: Works up the Cost of Repairs based on what the agent shared above. Because we’ve done this over and over, we know by the time we’ve gathered information from our agent and contractor what this flip will look like completed, so we also know what the number will look like. When we can get accurate numbers, the more accurate and higher your offer can be.
Let’s assume our contractor tells us it’s going to cost $60k to get everything all fixed up.
We are ready to make an offer:
ARV (After Repair Value) = $400K
COR (Cost Of Repairs) = $60K
Our Selling Cost = 10% x $400K = $40K
Our Minimum Profit For This Purchase = $40K
Our Offer = $260K
As we stated earlier and you can clearly see here, we play by the numbers. We don’t make offers based on how desperate you may or may not be. We use simple math to add the numbers up trying our best to give you the highest possible offer we can make you.
We figure, if we can make sure you will be happy, it can help us make sure the contract will be signed, so that we can get our next flip going! Makes sense?
We encourage you to check with our competitors. Ask them how they make a profit and how they calculate their offers and we’d bet 99% either won’t tell you or will make it sound so complex, it’ll only confuse you (and us, for that matter).
If you’re ready to see us in action, please fill out the short form below and we’ll reach out shortly.
A Few More of the Things that Makes Us Better Than the Other Guys:
We know you’ve got some options when you sell your house, so why work with us? Here are 3 reasons that makes us stand apart from the competition.
- We’re a family-owned business and we treat everyone we work with as an extension of our family. Learn more about our family team through our company page!
- We are 100% transparent about how it works when we buy houses – our processes are laid out and we show you our numbers!
- We are totally committed to our Code of Ethics
- As you can see we do things the right way. We take pride in our website and our business. We take you very seriously and we will make sure to treat you with respect, compassion and courtesy.
A few More Little Details on What separates us from the “other guys”:
– We buy houses without agents, so you will NOT pay commissions!
– We purchase properties in any condition – no matter what’s wrong with the house, you don’t have to fix anything or even clean it.
– We pay for ALL of the closing costs and fees to sell. There are no fees for you whatsoever.
– We pay cash for houses – this way there are no hassles like working with a bank and doing inspections or appraisals.
– We can close on your timetable – no matter how fast or slow you need!
– We can buy houses “creatively” – when a cash offer isn’t the right option for you, this is a great way that we can pay more for houses if you are willing to take the money overtime.