FREQUENTLY ASKED QUESTIONS

Traditionally, you think of real estate sales being handled through a real estate agent. Thats still a very common practice and sometimes that might be a better option for you. We’ll give you our honest opinion on if you should sell your house directly or if you should sell it through a real estate agent.

 

Since starting our business we’ve worked with a lot of people and received a lot of questions about what we do. We’re an open book and pride ourselves on always being a wealth of information for the people we work with. Below, we provide answers to some of our most frequently asked questions. If you are curious about something not mentioned below or if you would like a better understanding of how our services can impact you specifically, please reach out to us

How is selling to Valley Investors different than selling the traditional way?

Sellers who work with Valley Investors skip the costly preparation, frequent showings, and months of uncertainty that come with the traditional process. Instead of listing your home on the market and waiting to find a buyer, we purchase your home directly from you. You also get to choose your close date to avoid expensive double-moves, double-mortgages and storage units.

What makes your process more effective than listing with a top real estate agent?

Listing a property provides no guarantees. You could be waiting months for your property to sell, not knowing if or when a buyer will come along. With a direct sale through Valley Investors, you will know right away how much you are walking away with and on what day. This allows you to plan ahead.

Why should I sell through Valley Investors?

Simply put, there’s no easier way to sell your home. Opendoor empowers you to sell on your timeline and avoid listing, showings, and months of uncertainty. Selling to Valley Investors means:

·       A free, competitive offer in just a few clicks

·       The convenience of skipping showings and open houses

·       You avoid costly double-moves and double-mortgages

·       No contingencies or financing fall-through risk

·       Expert support from offer to close

Don’t take it from us. We’ve helped hundreds of customer across Los Angeles streamline their home sales and move on to the next chapter in life. You can read more from our customers here.

How does the closing process work when I sell my home with Valley Investors?

The closing process is the same a traditional house closing.  There is an escrow company that will facilitate the sale while all of the details are getting ironed out.  You are responsible for the seller closing costs and we as the buyer, will be responsible for our own closing costs.  If you still aren’t sure how the process works, please reach out we will be glad to walk you through it.

Are there any costs to use your service?

There are absolutely NO FEES for receiving an offer.  There are no gimmicks or last minute changes.  All offers are valid for 3 days.  Many times you end up saving money, since you don’t have to pay commissions, repairs costs and report fees.

How long does the whole process take?

The initial process of receiving an offer can 1-5 days depending on how quickly we can come and do a walk through of the property.  After you’ve received a formal offer and you accept, you can pick how long you need to close.  We can close in less that 7 days and as long as 60 days. If you need longer, that’s OK!  We can make it work for you.

How do you determine the value of your offer?

Most companies base their offer on the information that you provide.  Unfortunately, thats not always enough to make proper offer to purchase. We go a few steps further and do property walk thru’s, use our in-house real estate agents and look at other properties that have sold in the area.

We take hundreds of factors into consideration, including:

1.     The information that you submitted about your home, including its special features and upgrades (Sending photos can be really helpful)!

2.     Current local market trendslike home price appreciation or depreciation.

3.     Recent sales of similar homes (a.k.a “comps”).First, we find homes that are within a half mile of yours that have similar features, and use them as a baseline for your home’s price. Then we make line item adjustments. For example, if your home has granite countertops, and the comparable home doesn’t, we’ll give you credit for the upgrade.

Why does my offer differ from Zillows Zestimate?

Unfortunately, Zillow Zestimates are just a computer algorithm of what they think your house is worth.  Zestimates have been known to be completely off in price, since that only use a few basis points to determine the value of your house.  Remember, Zillow does not come to your neighborhood or walk through your house.  There are several other factors that come into play.  This is why we come and visit you at your house to understand the outside factors that could affect your offer.