FAQ
Call Us Today! (813) 725-4054
At this point, you probably have a few questions. That’s okay; most people do! Here is a collection of some of the questions people have asked us over the years, along with our answers.
Please don’t hesitate to contact us or give us a call at (813) 725-4054. We would be happy to answer any questions you might still have, and we can walk you through how our streamlined selling process works.
Q: Will you be listing my house on the MLS or actually buying it?
A: We are professional home buyers that pay cash for houses. Instead of listing your house, we use our own money to buy houses on Kauai that meet our purchasing criteria. Once we purchase a property, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Do you pay fair prices for properties?
A: We purchase homes “as-is”, which means you won’t need to lift a finger to repair or upgrade the property. Because of this, the houses we purchase are often below market value. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we can close as quickly or as slowly as you need, and you won’t have to worry about an agent’s fees or closing costs. If that’s what you’re looking for and you see the value in getting your house sold on a timeline that works for you, let’s see if we can come to a fair price that’s a win for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!
Q: How do you determine the price to offer on my house?
A: Great question! Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the values of comparable houses sold in the area recently. Using this information, we are able to calculate a fair price that works for us and we hope will work for you, too.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your property in Kauai – there are NO fees or commissions when you sell your house directly to us. Our process is simple. We make you an offer and, if it’s a fit, then we’ll buy your house from you with no hassle and no fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit.
Q: How are you different from a real estate agent?
A: A real estate agent shows “market-ready” houses to prospective buyers and then takes a percentage of the final sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house (so if it’s a $500,000 house, you’ll pay between $15,000 – $30,000 in commissions to an agent). That can take a big chunk out of your final sale price!
Agents provide a great service for those that can wait months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where Algorithm Real Estate is different. Because we are local home buyers, we buy houses directly from homeowners in Florida. This gives us the freedom to make a decision to buy your house within a couple of days.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation for you. Tell us a bit about your property, we’ll come to take a look and make you an all-cash offer within 24 hours. From there, it’s 100% your decision whether our offer is a good fit for you.
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(813) 725-4054
Listing vs Selling to us
Which route is quicker?
Puts more cash in your pocket?
Has less hassle?