Frequently Asked Questions
Maybe you have a few questions. It’s common to have questions. Here are some common inquiries along with our expert responses. If your question isn’t covered, please don’t hesitate to get in touch. We’re here to help.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. Unlike real estate agents, we are not in the business of listing properties. At Happy House Selling, we are experienced real estate investors: We purchase properties in New Mexico or Oklahoma that align with our investment criteria. Our transactions do not depend on traditional bank financing, ensuring a smooth and reliable closing process. Following the purchase, we may renovate the property for resale or retain it as a rental in our portfolio.
Q: How are we different from real estate agents?
A: Real estate agents typically list properties on the market and rely on finding a buyer through showings, which can take 4-6 months on average in many markets. They earn a percentage, usually 3 to 6%, of the final sale price as their commission. For instance, on a $100,000 property, you would pay between $3,000 to $6,000 in commissions to an agent.
While real estate agents provide a valuable service for sellers willing to wait 4+ months and pay commissions, we offer a different approach. As home buyers, we purchase houses directly from sellers like you. With the ability to pay in cash, we can make a buying decision within days, sometimes even the same day. Our business model involves taking on the risk of purchasing properties with our own funds, handling repairs, and marketing the houses to find new owners.
Need a more detailed breakdown? Check out this comparison chart for an overview:
| Selling w/ A New Mexico or Oklahoma Agent |  | |
|---|---|---|
| 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: We specialize in acquiring properties below market value to facilitate a quick resale to another homeowner at a profit. Our aim is to offer a reasonable discount on a property, recognizing that many sellers are not necessarily seeking a significant windfall. Sellers appreciate our ability to provide a cash offer, fast closing (without waiting for financing), and no need for property repairs or agent fees. If you value a swift property sale and a hassle-free process, let’s work together to reach a mutually beneficial price. Our no-obligation pricing commitment ensures you have the option to decline our offer, but it’s beneficial to understand the value we can provide!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How can I decide on the offer price for my house?
A: This is a common question, and we are transparent in our approach. Our method is simple and transparent. We analyze the property’s location, required repairs, current condition, and the market value of similar properties recently sold in the area. By carefully weighing these factors, we determine a fair price that benefits both parties.
Q: Are there any fees or commissions to work with you?
A: Stand out from traditional house selling methods with us – there are NO fees or commissions when you sell your house directly to us. In contrast, listing fees can take up to 6% from your pocket. Our process is simple: we present an offer, and if it aligns with your needs, we buy your house without any hassles or costs. Additionally, we often cover the closing expenses. Our profit is made post repairs and resale. The risk of selling the house for a profit lies with us. Once we purchase the property, the responsibility shifts to us, relieving you of the property’s financial obligations and leaving you with cash in hand.
Q: Is there any obligation when I submit my information?
A: There is absolutely no obligation for you. Once you provide details about your property, we will evaluate the information, possibly arrange a call to gather more insights, and present you with a fair all-cash offer. The decision to sell your house to us is entirely up to you. We believe in empowering you to make the choice that best suits your needs.
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Learn The Pros and Cons Of Selling Your House To A Local Professional Home Buyer – Your FREE Guide:
Download our FREE Guide here and contact us anytime with questions or if you would like a no-hassle Situation Evaluation. Learn more about how we help New Mexico or Oklahoma homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 505-420-3500. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.