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There are some benefits to being able to sell quickly with a guaranteed offer if you need to sell quickly.
- reduced carrying costs, meaning you won't have additional mortgage payments waiting for your home to sell.
- defined timeline for your sale, meaning you know exactly when your home will be sold.
- you don't have to spend money on preparing your home to sell
- you don't have to deal with numerous showings
- you don't have to live trying to keep the home in perfect showing condition
As the #1 real estate team in Tennessee, and the #1 RE/MAX team in the world, we have built up a strong portfolio of clients who are ready to buy a home as soon as they find the perfect property.
If you are interested in selling your home immediately and want to avoid the additional time involved in preparing it for sale, putting it on the market, and then waiting for an offer to be presented to you, then the Guaranteed Offer program could be one for you.
However, if you want to make sure that you maximize the sale price on your home, and effectively reach the biggest market possible of potential buyers, not just investors, then we can help you reach that audience of potential buyers.
As with most guaranteed programs, the guaranteed offer is based on your home matching the profile of homes that investors and other buyers are looking for. For investors, this means the home has to fit certain parameters, allowing them to pick the homes that meet their requirements as once they have bought a home, they will then put the home on the market for lease/rent. As with most investors, the actual price range they are interested in is fairly limited and 400K to 450K seems to be the maximum they will go up tp.
As is the case with most investors, they are looking at purchasing the home at below market value, and usually about 75-90% of the homes actual fair market value. This can still appeal to some people as they are in a situation where they need to sell their home as quickly as possible in order to buy the next home, or they are just in a predicament where they want to sell as quickly as possible to realize the money from the sale of the house.
Some Frequently Asked Questions
Q. Does my home qualify for the Guaranteed Offer program?
A. Homes that were built circa 1960 to the present day with a value of between $150,000 – $500,000 should all qualify. For our investors, the homes need to be either owner-occupied or vacant. The condition of the home in terms of ownership needs to be non-distressed, not bank owned and not in or near flood zones. The homes that the investors are interested in the Nashville area cannot have any unpermitted additions or have significant foundation issues.
Q. How long does it take to get a Guaranteed Offer?
A. Once you supply us with your information, we can have a response back in just a matter of hours.
Q. What's the Guaranteed Offer process?
A. After you submit your home for a Guaranteed Offer, we will confirm if your home is a fit for our investors the program or if we have buyers already looking for a home like yours.
Q. Can I sell my home without a Guaranteed Offer?
A. 100%! If you would rather take the traditional approach and see what the market thinks your home is worth we can make sure one of our listing team comes out and gives you a fair market analysis to let you know what we think your home would sell for on the open market.
If you have an interest in submitting your home for the guaranteed offer program and seeing if your home matches our investor's profile or our database of buyers just fill out the form below: