3 Simple Steps to Sell Your House Fast in Riverside
Our home-buying process is designed to give you a fair cash offer and close in as little as seven days. Let’s break down how our simple three-step home-buying process works:
Get in Touch with Us
Fill out the form below. Let us know about the property you want to sell, and we’ll gather some quick details to better understand your needs. We’ll ask a few simple questions about the home’s condition, the location, and your timeline for selling.
Don’t worry, we buy houses as-is! No need for repairs, clean-up, or renovations.
Receive a Fair, All-Cash Offer
Once we’ve reviewed your information, we’ll evaluate the property and make you a fair cash offer. Our approach is direct and transparent, with no hidden fees or commissions.
Unlike traditional home sales, you won’t deal with months of uncertainty or complicated paperwork. You’ll receive your cash offer within 24 hours, and we’re always transparent about how we arrived at that number.
Choose Your Closing Date
Once you accept our offer, you get to choose your closing date. We’re here to accommodate your schedule, whether you need to sell your house quickly or prefer more time.
From there, we handle everything else: the paperwork, the closing process, and even any inspections if needed. It’s that simple!
Reasons to Choose BBH Reality LLC to Sell Your House Fast
We’re a team based in Riverside, California, with a personal approach to buying homes. We have in-depth knowledge of the Riverside housing market, and we aim to provide the best customer service in the industry.
Our goal isn’t just to buy homes; we’re here to make the entire process seamless from start to finish. If you're looking to sell your house fast in Riverside, California, we’ll ensure your sale is handled professionally and efficiently, whether you're in Riverside, Palm Springs, or Anaheim.
How You Get GREAT Cash Offers From Us
At BBH Reality LLC, we approach house buying in California with a commitment to fairness and transparency. Our business model focuses on keeping our ROI minimal so we can present homeowners like you with the highest possible cash offer.
We believe in creating win-win solutions. By prioritizing multiple deals with modest profits over fewer deals with high margins, we ensure that every seller feels 100% confident and comfortable with their decision to sell their house to us.
Here's a breakdown of how we compute your cash offer:
How We Calculate Our Home Cash Offers
Our offers are determined using the After Repair Value (ARV) of your house, ensuring that we can present the highest fair cash offer possible. This approach allows us to walk away with a reasonable profit while you receive the cash you need.
We calculate your cash offer by starting with the market value of your house after repairs. From this, we subtract all necessary repair costs and our transparent, minimal profit margin. This ensures a straightforward and honest process, giving you the best possible offer for your property.
[Your Offer] = [After Repair Value] - [Repairs Costs] - [Selling Costs] - [ROI]
How to Sell a House Fast in California: A Real-Life Case Study
Walkthrough and Assessment
We begin the process by scheduling a walkthrough of your property. During this visit, we bring along our trusted contractor to evaluate the home and provide a precise estimate of the repair costs needed to renovate it.
For instance, take your kitchen in its current state: it may be functional but could benefit from updates to compete effectively with other homes on the market.
Determine Needed Updates
Next, we'll compare your home to similar houses in your neighborhood to determine its potential market value. For example, consider your neighbor's house across the street:
- Renovated their 70's kitchen with new cabinets and quartz countertops.
- Additionally, they invested in a new roof, updated siding, and modern flooring.
Here's what their kitchen looks like now:
Thanks to these improvements, their home sold for $1,131,579 showcasing the value of strategic updates.
How We Determine a Fair Cash Offer For Your House
After the walkthrough, we calculate the cost of essential repairs needed to bring your home to its after-repaired market value. For instance, if renovations are estimated at $264,035, this figure is factored into determining your home's post-renovation value.
Here's what happens next:
- Due Diligence: We carefully review the contractor's repair estimate and perform additional research to ensure the numbers are accurate.
- Transparent Offer: Within 24 hours, we'll provide you with a fair and competitive cash offer based on your home's current condition and its potential value after renovations.
This means you won't need to spend a dime on repairs or worry about finding contractors-we handle everything for you.
Our contractor provides us with a detailed and accurate estimate for the Cost of Repairs (COR). The more precise these numbers, the higher your cash offer can potentially be.
We carefully review the contractor's estimate and conduct our own due diligence to ensure every detail is accounted for. This allows us to present you with a fair, honest, and transparent cash offer within 24 hours.
For example, if our contractor estimates the repairs at $264,035, we use this figure as part of our calculation to determine your home's true value and offer you the best possible deal.
Now We Are Ready To Make You An Offer!
Here are the numbers:
As-Is Value = $716,667
ARV (After Repair Value) = $1,131,579
COR (Cost Of Repairs) = $264,035
Our Selling Cost = 10% x $1,131,579 = $113,158
Let's say Our Profit For This Purchase = $169,737
[Your Offer] = [ARV] - [COR] - [Our Selling Costs] - [Our Minimum Profit]
Your Offer = $1,131,579 – $264,035 – $90,000 – $113,158 = $584,649
Your Offer = $584,649
Analyzing Your Offer:
Imagine your house is valued at $716,667 as-is. This means if you listed it with an agent, you might sell it for that price without making any repairs.
However, after deducting approximately 10% in agent fees and closing costs-about $71,666-your actual take-home amount would likely be closer to $645,000. Additionally, this process could take 30-60 days or more from the time your house hits the market, and there's no guarantee it will sell at that price-or sell at all.
Here's where you have two clear options:
- Option 1: Sell your house quickly for a guaranteed cash offer of $660,088 and close in as little as 10-30 days.
- Option 2: List it on the market, aim for $716,667, and hope to walk away with $645,000-assuming financing doesn't fall through and there are no delays in closing.
But what if the cost of repairs (COR) came in much lower than expected? For example, instead of $264,035, let's say it's only $188,597. Suddenly, the equation becomes far more compelling.
As-Is Value = $716,667
ARV (After Repair Value) = $1,131,579
COR (Cost Of Repairs) = $188,597
Our Selling Cost = 10% x $1,131,579 = $113,158
Let's say Our Profit For This Purchase = $169,737
[Your Offer] = [ARV] - [COR] - [Our Selling Costs] - [Our Minimum Profit]
[Your Offer] = $1,131,579 – $188,597 – $113,158 – $169,737 = $660,088
Your Offer = $660,088
That’s about $15,000 more than what you would net if you had listed it as-is on the market with a real estate agent. Remember, after accounting for agent fees and closing costs, you would only walk away with $645,000.
Sell Your Riverside House Fast No Matter the Condition or Circumstance
From life changes to property issues, we buy houses in Riverside, California exactly as they are:
Get your FREE offer now!
