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How It Works
OfferMax Homebuyers has simplified the process of selling your house quickly. Check out our Three Easy Steps outlined below.
Our Home-Buying Process Is Quick And Easy
1. Fill In The Form Below
Once we receive your information, we determine how much your house would be worth in the current market if it were freshly renovated, everything brand new, all fixed up, clean, updated, and beautiful.
2. Schedule Your Appointment
During the appointment, we figure out how much it would cost us to fix it all up. We now know how much money we would sell it for and how much it cost us to sell it. Basically, (there is a bit more involved) based on these numbers, we present you with a fair offer.
3. Pick A Closing Date
If you like the offer we can close on your schedule. You get the cash, we get the deed, and everyone is happy!
Show Me The Numbers
Work with someone you can trust. We are very transparent about how we come up with our cash offers. This is how we do it.
1) We Start With The After Repair Value
The After-Repair Value, or “ARV,” is what your house would be worth if it were fixed up in tip-top shape—think HGTV. Based on this value, we determine your offer!
2) We Calculate The Cost of Repairs
This is how much it will cost us to fix and update your house to achieve the HGTV look and the ARV mentioned above.
3) We Determine Our Selling Costs
Once we renovate the house, we list it on the market. We have to pay agent fees, closing costs, taxes, holding costs, etc., but these are all the fees you do NOT have to pay if we purchase your home. Our Selling Costs usually total 10% of the selling price.
4) We Factor In Our Minimum Profit
This is a business, and we do have to make a profit to stay in business. However, we make our best offer to you for one very important reason: We want you to accept! If our offers are insultingly low, then no one would accept them, and we wouldn’t make any money!
Our Cash Offer for your property is based on the math. Once you give us the information about your house, we will look at it to determine the repair cost and make you an offer. We make fair cash offers!
The Win-Win Principle Of Cash Offers
1
Imagine for a moment that you have a house in complete disrepair, and you can’t sell it for much (in fact, you probably wouldn’t even be able to list it as banks will not loan against houses in severe disrepair).
2
Now, let’s say that the house in its current condition is worth $50K (so the “as-is” value is $50,000), but let’s say that if you were to put $100K into the house, you would be able to sale it for $200K. (Yes, this is actually the same house.)
3
Cash buyers like us could come in and offer you $80K for your home, which is $30K MORE than the current value of your house. For us, this works because if your house is worth $50K, but we offer you $80K for your house and we put in $100K, making the house worth $200K means we then spend $180K, and we made $200K netting us a profit (let’s ignore all other costs and taxes for the sake of simplicity) of $20K.
You get more than what your house is currently worth, we make our minimum profit, and everyone walks away happy.​​