This Is How We Calculate Our Cash Offers:
After-Repairs Value (ARV) refers to the estimated worth of your home once it’s fully renovated according to current market trends—just like you see on your favorite HGTV shows. Your offer is determined by this value.
The Cost of Repairs is the amount it will take for us to renovate your home and make it market-ready, looking spectacular. Our goal is to boost the home's value to maximize its potential, which results in a higher offer for you and a reasonable profit for us.
Selling Costs include all the expenses involved in selling a property. While we purchase homes directly from homeowners without agents, to offer you a higher price, we need to sell the renovated home for top value. This requires us to list the property with an agent, leading to costs such as closing fees, agent commissions, and taxes.
Our profits are fair and reasonable. As a business, we need to make a profit to continue buying homes, paying contractors, plumbers, and other expenses. Rest assured, we prioritize making the highest possible offers because, without competitive offers, no one would accept, and we wouldn’t stay in business!