Frequently Asked Questions
Perhaps you have a few questions. No problem, we find that most people do. For your reading pleasure, we have a collection of some of the questions people ask us, along with our answers. Do you still have a lingering concern or question after reading this page? Feel free to contact us anytime. We will be happy to answer your questions.
Q: Will you be listing my house on the MLS or actually buying it?
A: This is an excellent question. We are not listing agents, so we don’t list houses. Here at 2R Properties, we are instead your local professional home buyers: We buy houses Suffolk County. We pay fast in cash. We are interested in most houses and we don’t need financial approval for a lender on our purchases. This means you don’t need to worry about us getting cold feet or losing approval for our purchase of your house. After buying your house, we will either fix it up to sell it again later on or maintain it as a rental.
Q: How are you different from a real estate agent?
A: Traditionally, real estate agents list properties and try to find the seller a good buyer. To do this, the agent will host open houses and showings to woo the best buyers. Once they’ve accepted an offer comes the fun of inspections and negotiations. After that, the real estate agent takes their commission, which is typically 3-6% of the sale price of the house.
It is definitely true that a real estate agent provides an excellent service. You might need to buckle up and prepare to wait months for those offers though! And while you are waiting, you can look forward to paying holding costs. Once there is a buyer, some of the larger sale price goes to commissions too. Here is a big difference between us and selling the usual way. We never charge commissions! We can also make a decision to buy your house very fast. We make our living by fixing up and reselling your house later on down the road. Not by charging you any fees.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Suffolk County Agent | SOLD To | |
|---|---|---|
| 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: | 60 to 90 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: It is definitely true that we hope to buy houses at a discount. Otherwise, how would we make any sort of profit? That said, people still find there to be value in our offers. Many sellers don’t expect to make a huge amount of money in a fast sale. They do appreciate that we can pay them in cash, however. We can also close the deal fast. Yes, you won’t be stuck dealing with months of open houses and showings. Or hoping a good buyer comes along. You also won’t need to spend a penny to fix up or repair the house before you sell it. What a relief! If you want a fast sale that requires no expense on your part, contact us. Let’s see if we can come to a win-win agreement! Besides, our offers come with no obligation, so there is never any risk in getting an offer from us. Hope to hear from you soon!
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: Perfect question, and we’re proud to be an open book. We have a very simple process. We will be taking into consideration where your house is, what work it needs, the general values of nearby properties, and what we think your place will be worth after we fix it up for listing. We will break down your offer once it is ready for you too.
Q: Are there any fees or commissions to work with you?
A: This is a huge difference between us and selling your house the traditional way. We never charge any fees or commissions. How refreshing! With us, what you see is what you get. We often pay for closing costs too. You can sell your house fast for cash without fixing anything before selling your house. That saves you potentially thousands of dollars in holding fees, repairs, closing costs, and commissions. You can walk away without any more responsibility to your house and cash a nice big check.
Q: Is there any obligation when I submit my information?
A: Our offers come with zero obligation to accept, ever. Send in a bit of information about your house and we will tell you what we’d buy it for. We may schedule a quick call to find out more too. Once you have your offer, it is all your decision to accept or decline. Zero pressure, ever.
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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 complimentary Situation Evaluation. Learn more about how we help Suffolk County homeowners sell their unwanted properties for cash.
We hope to hear from you soon and talk about your unwanted house. We would love to take it off your hands and write you a nice big check. Feel free to call us at (631) 571-7151 and let’s talk!