Frequently Asked Questions
Have some questions about our process? That’s completely natural; most homeowners do. Below are the most common questions we receive, along with straightforward answers. If you need more information, please don’t hesitate to contact us anytime. Our Northeast Ohio real estate and renovation experts would be happy to address your specific situation!
Q: Will you be listing my house on the MLS or actually buying it?
A: We will not be listing your house on the MLS. At Simply Sold NEO, we are genuine property investors: We buy houses in Northeast Ohio directly, without bank financing, ensuring a guaranteed closing. After purchase, our experienced renovation team transforms the property before finding its next owner. This approach to home renovation and community improvement drives our business model.
Q: Do you pay fair prices for properties?
A: We offer fair prices based on the property’s condition and our extensive knowledge of the Northeast Ohio market. While we need to make our margin, you’ll save significantly by avoiding agent fees, closing costs, and repair expenses. Our quick closing process means you won’t continue paying carrying costs like taxes, utilities, and mortgage payments month after month. You’ll receive cash promptly, and our renovation team will handle everything else.
Q: Why are you interested in buying my house?
A: Northeast Ohio has a shortage of quality homes for residents who need them. Our team has worked with hundreds of homeowners across the region, buying, selling, renting, repairing, and renovating properties in virtually every neighborhood. We’re passionate about alleviating your selling stress while preparing homes for their next owners. Our renovation expertise allows us to efficiently improve properties, creating value while supporting our families through honest work.
Q: How are you different from selling with a real estate agent?
A: Unlike agents, we don’t list your property and wait for buyers. We don’t conduct showings or take a percentage of the eventual sale price. Traditional real estate commissions typically range from 3% to 6% of your home’s selling price. For a $100,000 house, that means $3,000 to $6,000 in commissions alone, not counting other selling expenses.
Real estate agents provide valuable services for sellers who can wait and don’t mind sacrificing some proceeds to commissions. We offer a different approach. Our co-founder personally visits each property we consider purchasing, taking time to meet you and understand your specific needs. We buy houses directly with cash, allowing us to make decisions within days rather than months. We earn our living by taking calculated risks, purchasing properties with our own funds, applying our construction and renovation expertise, and finding the next homeowner to enjoy the revitalized space.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Northeast Ohio Agent | SOLD To Simply Sold NEO | |
|---|---|---|
| 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. |
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 do you determine the price to offer on my house?
A: Great question! Our process is very transparent. As Northeast Ohio renovation experts, we carefully evaluate your property’s location, needed repairs, current condition, and comparable sales in your neighborhood. With our extensive experience renovating hundreds of local homes, we provide a fair price that reflects true market value. Our co-founder personally visits every property to ensure accuracy. There’s never any obligation to accept our offer if it doesn’t meet your needs.
Q: Are there any fees or commissions to work with you?
A: When you sell your house directly to Simply Sold NEO, there are NO fees or commissions involved. As local property investors with deep renovation expertise, we present you with a straightforward offer, and if it works for you, we handle everything from there. Our team makes a living through our renovation skills after purchasing your property. You eliminate the uncertainties of traditional sales and walk away with cash in hand and complete peace of mind.
Q: Is there any commitment when I provide my information?
A: Absolutely none. Unlike other investors who might make offers without seeing your property, our co-founder personally visits every home we consider. We believe in building relationships and understanding what matters most to you. If you need time to consider our offer, that’s completely fine. We’ll check in occasionally, but if you’d prefer we stop contacting you, just let us know!
If you don’t like our offer or decide later not to take it, we are happy to refer you to a local real estate agent who can help you sell the home on the open market. Our main goal is solving your real estate challenges, whether that’s through our cash offer or another solution.
Q: What’s my next step?
A: If you’ve read through all this information (whew, that was a lot!) and appreciate working with a local team that understands Northeast Ohio homes inside and out, let’s see if we can reach a win-win price. Our no-obligation cash offer puts you in control – you’re never required to accept. Even if you decide not to move forward with us, having our professional assessment gives you valuable perspective when comparing offers from other buyers or agents.
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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 Northeast Ohio homeowners sell their unwanted properties for cash.
Get your FREE Guide and then give us a call at 330-828-7882. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.