Frequently Asked Questions
Maybe you have a few questions. That is perfectly normal. Most homeowners do. Below are some of the most common questions people ask us, along with clear and honest answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: Will you list my house on the MLS or actually buy it?
A: Great question. We are not real estate agents, and we do not list homes on the MLS. At Edmonton House Buyers, we are professional home buyers (hence our name). That means we purchase houses in Alberta directly from homeowners whose properties fit our buying criteria. We use our own funds rather than bank financing, so you never need to worry about delays or uncertainty with closing. After buying a property, we may renovate it and sell it to another homeowner or keep it as a rental investment.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and wait for someone to make an offer. They show your house to interested buyers and take a commission once the property sells, usually between 3% to 6% of the sale price. For example, if your home sells for two hundred thousand dollars, you would pay between six thousand and twelve thousand in commissions. The process can also take several months before the sale is complete.
Agents can be a good choice for sellers who have plenty of time and do not mind paying commissions. We work differently. We buy homes directly. There are no listings, no showings, and no waiting for buyers. Because we pay with cash, we can often decide to purchase your home within a few days or even the same day. We take on the repairs, the expenses, and the risk ourselves so you can move on quickly without stress.
Take a look at the comparison chart below to see how we stand apart:
| Selling with an Agent | Selling to Us | |
|---|---|---|
| Commissions / Fees: | Up to 6%, paid by you, the seller | None |
| Who Pays Closing Costs? | Close to 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: | +/- 51 Days | We provide immediate cash offers! |
| Number of Showings: | Depends | 1 (just us) |
| Closing Date: | Often 30 to 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! |
Q: Do you pay fair prices for properties?
A: We aim to make fair offers that work well for both sides. Most of the Edmonton area homes we buy are purchased below full market value because we invest time and money into repairs and improvements before reselling or renting them. Our goal is to create a deal that benefits everyone. Many sellers are not looking for top dollar; they simply want a quick, easy, and guaranteed sale without dealing with repairs, agent commissions, or months of waiting for financing. If that sounds like what you need, we would be happy to discuss a fair price that works for both of us. There is absolutely no pressure – our offers come with no obligation at all, so you can decide what feels right for you.
DOWNLOAD our free guide to discover the pros and cons of selling your home to a real estate investor. You will also learn how this option compares with the two other common choices – listing with a real estate agent or selling the property on your own. The guide explains the costs, timelines, and key differences so you can make the best decision for your situation.
Q: How do you decide what to offer for my house?
A: That is an excellent question, and we believe in keeping everything clear and straightforward. We look at several key details when determining our offer, including your home’s location, its current condition, any repairs or updates that may be needed, and the recent sale prices of similar properties in your area. By reviewing all this information, we can make a fair, competitive offer that reflects the true market value while ensuring the process is simple and stress free for you.
Q: Are there any fees or commissions when working with you?
A: None at all. When you sell your home directly to Edmonton House Buyers, you will never pay any fees or agent commissions. Traditional real estate listings can take months to close and often cost sellers up to six percent of the sale price in commissions. With us, you receive a fair cash offer with no hidden costs or obligations. We take care of the entire process from start to finish and may even pay for the closing costs ourselves. Our profit only comes later, after we invest in repairs and eventually resell or rent out the property. This means you can sell quickly, avoid extra expenses, and move forward with confidence and cash in hand.
Q: Am I obligated to sell after I share my information?
A: Not at all. There is absolutely no commitment or pressure when you reach out to us. After you provide a few details about your property, we will review the information, contact you if we need more insight, and then present you with a fair cash offer. From there, the choice is completely yours. Whether you decide to move forward or not, you are always in control, and we want you to make the decision that feels best for you.
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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 today and contact us anytime if you have questions or would like a simple, stress free Situation Evaluation. Discover how we help homeowners in the Edmonton area sell unwanted houses quickly and easily for cash.
After you download the free guide, give us a call at 780-888-8888. We would be happy to talk about your property, explain what it may be worth, and show you exactly how our Cash Offer Program works.