Frequently Asked Questions
Maybe you have a few questions. Don’t worry, you’re not alone! Here’s a quick list of common questions we receive, along with our answers. If you have any other questions, reach out to us anytime. We’re happy to help.
Q: Will you be listing my house on the MLS or actually buying it?
A: That’s a great question. We’re not real estate agents, and we don’t list homes. At Future Generation Homes, we are professional home buyers. We purchase houses in that meet our criteria, and because we pay cash, there’s no need to worry about bank financing or our ability to close. After buying a property, we may renovate it and resell it to another homeowner or keep it as a rental.
Q: How are you different from a real estate agent?
A: Real estate agents list homes and wait for a buyer to come along. They show the property to potential buyers if any are interested, and the average time to sell a home in many markets is currently 4 to 6 months. When a sale happens, agents typically take a commission of 3 to 6% of the sale price. For example, on a $100,000 home, you could pay $3,000 to $6,000 in agent commissions.
Agents are a good option for those who can wait several months to sell and don’t mind paying a portion of the sale price in commissions. That’s where we differ. We’re not agents, we’re home buyers. Future Generation Homes purchases your house directly from you. Because we pay all cash, we can decide to buy your home in just a few days, sometimes even the same day. Our business model relies on using our own cash to buy the house, make necessary repairs, and then resell or rent it ourselves.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Agent | SOLD To Future Generation Homes | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | We pay all costs. |
| Inspection & Financing Contingency*: | Yes, sales can fall through. | None needed |
| Appraisal Needed: | Yes, the sale is often subject to appraisal. | No, we make cash offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate cash offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE. |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs. |
Q: Do you pay fair prices for properties?
A: Many of the homes we buy are priced below market value so we can resell them for a profit to another homeowner. We aim to purchase properties at a fair discount. In our experience, most sellers aren’t expecting a large windfall. Instead, they value that we pay cash, close quickly without waiting for financing, and require no time, effort, or expense on repairs or agent fees. If that aligns with what you’re looking for and you want to sell your house fast, we can work toward a win-win price. Our no-obligation pricing means you don’t have to accept the offer, but it’s helpful to know what we can offer!
Q: How do you determine the price to offer on my house?
A: That’s a great question. We’re completely transparent about our process. We carefully evaluate the property’s location, needed repairs, current condition, and the value of comparable homes recently sold in . By considering all these factors, we arrive at a fair price that reflects market trends and meets your needs as a homeowner.
Q: Are there any fees or commissions to work with you?
A: Experience the difference with Future Generation Homes. When you sell your house directly to us, there are no fees or commissions, unlike traditional listings that can take up to 6% of your sale price. We provide a fair offer, and if it meets your needs, we manage the entire process with no extra costs or hassle. In some cases, we may even cover closing expenses. Our profit comes only after making necessary repairs and reselling the property. Selling to us removes the uncertainties and financial burdens of property ownership, letting you walk away with cash and peace of mind.
Q: Is there any commitment when I provide my information?
A: You have absolutely no obligation. After you share information about your property, we’ll review it, possibly schedule a call to discuss further, and then present a competitive all-cash offer. The decision to sell your house to us is completely yours, and we want you to make the choice that’s right for you.
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