Behind the Numbers – How We Develop Our Offers When Buying Houses in Kansas City

Behind the Numbers - How We Develop Our Offers When Buying Houses in Kansas City

When you work with a Kansas City home buyer to sell your home, helping you realize the most money from your sale is our top priority, a bonus of working with us is that you move on with the plans for your future, knowing the exact date you can rely on for the closing. We will look behind the numbers – how we develop our offers when buying houses in Kansas City. 

The high commissions for which traditional real estate agents are known may be one of the main reasons you want to sell your home another way. Like you, most are unaware of the benefits of working with a kansas city home buyer, and try to sell their houses independently or for sale by owner. When doing this, many home sellers may get left with money lost and added frustration. Suppose your financial situation allows you the freedom to wait for the right buyer. Once we review your circumstances and view your property, if you’d gain more by listing your home in the traditional method, Mastiff Home Buyers will advise you to work with a real estate agent. When a kansas city home buyer like Mastiff Home Buyers develops offers, we consider all of our costs, so there are no surprises for you on closing day. You keep the total amount offered by a kansas city home buyer.

Additionally, continuing to pay for the property eats away slowly at the profit margin. Should your home have reached an age where repairs have become an almost monthly expense, the amount you hoped to make on the sale will dwindle even faster. When you decide to sell to us, you skip all of the steps required by buyers forced to qualify for financing to purchase your property. We relieve you of the financial burdens of making repairs and legal risks involved with the disclosure in traditional home sales, taking them all onto our shoulders. We will be absorbing all of the expenses such as taxes and have a great deal of money tied up in the property until fully rehabbed and resold. Kansas City Home buyers like Mastiff Home Buyers must consider our overhead when making an offer to buy your home in Kansas City .

Comps

In the real estate industry, comparable sales, commonly referred to as “comps,” play a vital role in accurately assessing the fair market value of a property. These comps are derived from recent sales of nearby properties that closely match your home in terms of size, features, and condition. When we evaluate properties in Kansas City , we carefully analyze data on properties that are of similar age, boasting the same square footage, and have been updated to reflect modern standards. The process involves meticulous research to identify properties that align with these criteria, ensuring a comprehensive understanding of the local market.

To find suitable comps, we begin by examining recent sales data within a specific radius of the target property. By selecting properties that are geographically close, we can minimize any variations in value due to location. Then, we narrow down the selection to homes that share the same or similar square footage as the subject property. This step helps us establish a solid foundation for an accurate comparison.

Moreover, we pay great attention to the features and amenities of each comparable property. Features like the number of bedrooms, bathrooms, and other significant characteristics are considered, as these can significantly impact the value of a property. Additionally, we take into account any recent renovations or updates done to the comps, as these can elevate their value compared to other properties in the area.

Once we have gathered a list of potential comps, we carefully analyze the sold prices, considering the time of sale, market conditions, and any unique circumstances that might have influenced the transaction. By doing so, we ensure a fair and thorough comparison between the subject property and the selected comps.

Ultimately, utilizing this meticulous method of comparing properties allows us to accurately determine the fair market price for a standard listing and aids in our negotiation strategies when purchasing houses. This approach is not only employed by traditional real estate agents but is also crucial to our commitment to transparency and providing our clients with the most informed and reliable real estate solutions in Kansas City .

When we develop our offers, we meet with you, the seller, to evaluate what repair costs may be needed. Kansas City home buyers like Mastiff Home Buyers will explain each expense in detail. Depending on the age and condition of a home, there may be unseen issues that factor into the risks a kansas city home buyer may be taking upon themselves that could impact the offer made as well. These factors will be explained to you in detail so that you fully understand the offer we make to you. These repair costs naturally reduce the market value determined previously in the comps presented for your property.

Time is an important variable when you list your home for sale, and as the saying goes, time is money. The longer a listing lingers on the market, the less the seller will realize for the property. There won’t be a disappointing last-minute call from your agent about your buyer failing to qualify for the loan because we buy homes for cash. Paying cash allows a kansas city home buyer like Mastiff Home Buyers the ability to guarantee your closing date, usually within 30 days or less, meaning you can leave all of your worries about finding a buyer behind. You can carry on with life as usual because there won’t be any need to worry about continually cleaning and changing your schedule around for showings or other appointments. Just keep your wallet in your pocket because you won’t have to pay for a professional inspector, appraiser, or cleaning crew. Working with a professional buyer means you can sell your home while sitting back and relaxing, saving your quality time for your family and friends. 

At Mastiff Home Buyers , we are happy to answer any questions or concerns about your situation that you may have. Angel will walk you step by step through how your home’s value is determined. Once we have reached a mutual agreement on a fair price, you’ll understand just how we develop our offers at Mastiff Home Buyers when buying houses in Kansas City! Send us a message or call Mastiff Home Buyers at (816) 535-0076 today to learn more or get your no obligation offer!

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