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We Buy Houses: Yes, that’s the company’s real name. When you reach out to a Chicago branch of We Buy Houses , a rep will evaluate your home in-person, and soon afterward you’ll get a cash ...
Yes, most “we buy houses” companies are legitimate businesses that fix-and-flip houses for a profit. But some operators may employ questionable business practices, or even scam tactics.
Selling to a “we buy houses” company is a very different experience than working with a Realtor. Before you take the leap, it’s important to understand how these companies work, and what ...
By the end of that year, it had 17 franchisees and generated about $800,000 in revenue. It also sold its 25,000th house, in Jonesboro, GA. [5] Franchisees hold the homes for six months on average. [6] 1997. In 1997, HomeVestors reached 30 franchises with $1.7 million in revenue. [7] 2003. By 2003, HomeVestors had grown to 135 offices in 17 states.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
The term ‘instant’ refers to the fact that this type of business aims to provide a faster cash offer on a property than traditional real estate brokers. Valuation of the property takes place online and is an instantaneous or near-instantaneous process which makes use of machine learning and AI technologies.
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