Frequently Asked Questions about Zack Buys Houses
Maybe you have a few questions. That’s okay; most people do. Here is a quick collection of some of the questions people ask us, along with our answers. If you still have questions, don’t hesitate to contact us anytime. We would be happy to answer your questions.
Will you be listing my house on the MLS or actually buying it?
Great question. We’re not agents, and we don’t list houses. Here at Zack Buys Houses, we are professional home buyers: We buy houses in North Carolina and South Carolina that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
How are you different from a real estate agent?
Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 4-6 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those who can wait 4+ months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk of buying the house with our own cash, repairing the house, and marketing it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A North Carolina Agent | SOLD To | |
|---|---|---|
| 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. |
Do you pay fair prices for properties?
Many of the houses we purchase are below market value. We do this so we can resell it to another homeowner for a profit. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast, let’s see if we can come to a win-win price 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!
How do you determine the price to offer on my house?
That’s a great question, and we’re an open book. Our process is very straightforward. We look at the property’s location, what repairs are needed, its current condition, and the value of comparable houses sold in the area recently. Taking all this information into consideration, we come up with a fair price that works for us and works for you, too.
Are there any fees or commissions to work with you?
This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer, and if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours, and you will walk away without the burden of the property and its payments, as well as cash in your hand.
Is there any obligation when I submit my information?
You have absolutely zero obligation. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We’ll let you decide what’s right for you.
Fill Out The Quick Form Below To Get A No-Hassle, No-Obligation, All-Cash Offer
What does “as-is” mean?
We buy your North Carolina home as-is, meaning you don’t have to worry about making repairs, fixing it up, or getting it ready for showings. We’ll handle all repairs, inspections, and more after we purchase your home. Of course, we factor this into our offer, but it saves you the money and headache associated with getting your home ready to sell.
What does an “all-cash offer” mean?
“All-cash” means exactly that – all cash for your North Carolina home! Because we are real estate investors who are purchasing your home directly, we don’t rely on traditional financing like retail homebuyers. When you sell to us, there’s no risk of the financing falling through or closing being delayed. When we make you an offer, that’s the full amount you’ll receive at closing.
How fast is a fast closing?
After you send us information about your home, we can make you a no-obligation, fair, all-cash offer in as little as 24 hours. Once you accept, we close at a local, reputable Attorney in as little as 7 days. Compare that to the 30+ days it can take to close when listing your house the traditional way, and the benefits are obvious!
What if I don’t need a fast closing?
At Zack Buys Houses, we work on your time frame. If you don’t need a fast closing due to the need to make arrangements, explore your future options, etc., we will schedule the closing on the day that works best for you!
Will I get a lowball offer?
Our goal is to provide you with the fairest offer possible. Unlike other buyers or big tech giants, we’re transparent about how we arrive at an offer amount. What we offer is based on the property’s potential value once we make the necessary improvements and upgrades. We’re entirely transparent about this offer process and happy to walk you through how it works.
Is this even legit?
Yes, it is! The real estate industry is rapidly changing, and thousands of homeowners are exploring their options when it comes to selling their houses in the fastest, easiest, and most transparent way. That’s where we come in. We offer an alternative for those homeowners who may not have the time or ability to list their house on the market for top dollar. We’ll work with you to assess your situation, make you a transparent all-cash offer, and close on your timeline.
What distinguishes selling my house to Zack Buys Houses from listing it with a real estate agent?
Listing with a real estate agent involves marketing your home through the Multiple Listing Service (MLS), which can lead to numerous showings over weeks or months before securing a buyer. After the sale, you’ll need to cover title fees, closing costs, and the agent’s commission.
In contrast, as investors, we purchase your house directly with cash or connect with other buyers who do the same. We handle inspection and closing costs, charge no commissions, and provide a swift, hassle-free sale.
How can I determine if selling to Zack Buys Houses is the right choice for me?
Selling through an agent can be a prolonged process, often requiring inspections, repairs, and multiple showings. Your initial asking price may decrease due to these factors.
We assess your situation, account for all future selling expenses, and present a fair offer to purchase your house promptly. Even if your home is in excellent condition, our service is ideal for those seeking a quick and straightforward sale. After evaluating your property, we’ll advise if listing with an agent might be more beneficial for you.
Who is behind Zack Buys Houses?
I’m Zack, a lifelong resident of North Carolina with years of real estate experience. My team and I have assisted hundreds of sellers, recognizing that each has unique circumstances. We collaborate with partnered investors to devise the best possible solution and offer for you.
We provide honest feedback about your property and guide you appropriately if our service isn’t the best fit. There’s no obligation to proceed if you decide it’s not what you want, and we don’t purchase every house from interested sellers. For more information, please visit our “Our Company” page.
What is the process for selling my house to Zack Buys Houses?
We eliminate intermediaries such as realtors, lenders, appraisers, and inspectors, offering cash for your property in any condition or location, quickly and hassle-free.
First, we conduct a comprehensive market analysis to determine your home’s post-renovation value. Then, we assess necessary repairs and associated costs. To remain profitable, we factor in a minimal profit margin, ensuring a fair deal for all parties. We pride ourselves on transparency and provide a detailed breakdown of our offer.
This approach allows you to avoid expenses, the inconvenience of showings, open houses, multiple inspections, and prolonged listings with an agent. For more information, visit our “How it Works” page or contact us at (704) 769-0141 . If purchasing your house isn’t the best option, we’re still happy to assist you in selling it.
Why should I choose Zack Buys Houses?
We prioritize trust and transparency. We provide a clear financial breakdown so you understand exactly why we offer the price we do and our intended profit. Our goal is to offer you the highest possible payment while ensuring a fair and efficient process.