Frequently Asked Questions
About Express Home Sales
How is Express Home Sales different from ibuyers (Zillow, Offerpad, etc)?
Instead of making an under-market value cash offer on your home, we market your home to our network of cash investors. This creates competition and instead of receiving just one offer, you are more than likely to receive many offers at or above market value.
I receive calls all the time from people making offers on my property, how is Express Home Sales any different?
These phone calls will typically be from wholesalers, most of which have no intention of even purchasing your home. Express Home Sales is a team of licensed real estate brokers that work to get you the highest cash offer on your home. Unlike those other people calling you with offers, we bring you multiple cash offers to help maximize your return. We also represent you and will negotiate on your behalf.
What counties does Express Home Sales currently service?
Currently, we service the Florida counties of Hillsborough, Pinellas, Pasco, Hernando, and Manatee. If your home falls outside these counties, please do not hesitate to contact us. We have resources all over the state and will most likely be able to find you
What types of properties and situations does Express Home Sales handle?
We do it all. From single family homes, condominiums, townhomes, and vacant land, and even commercial real estate. The property can be in any condition. We also assist homeowners in any situation, such as divorce, inheritance and probate, financial distress, bad tenants, unfinished home projects, structural issues, and so on.
Are you a licensed real estate brokerage?
Yes. Our team is made up of active Florida real estate brokers at Pineywoods Realty. We are also members of the National Association of Realtors which means that, unlike our competitors, we follow strict ethics guidelines. We protect you, the homeowner, from predatory practices and work on your behalf, guiding you and keeping you informed throughout the process.
Selling Your Home
Do I need to make any improvements to my property?
No. Your home can be sold as it is.
Do you charge homeowners any fees?
No. Express Home Sales does not charge homeowners any fees. You can cancel at any time simply by letting us know.
What closing costs are homeowners responsible for?
Homeowners are responsible for any outstanding mortgages, liens, and property taxes owed on the property. Other than those standard costs, all other closing costs are covered by the buyer.
How is the price determined on my home?
After our initial in-person consultation, we give you a ballpark range what we think the property is worth. However, the price is ultimately determined by the offers that come in. Our system weeds out the lowball offers, and forces buyers to put in competitive offers in line with the true market value of the home.
How long does this process take?
We ask for a minimum of five days from the time the listing agreement is executed. This gives our investors time to crunch their numbers and put in their best offers. Once the offer is accepted, closing can be as fast as two weeks.
Are there any home inspection contingencies?
There are no inspection contingencies written into the buyer’s offers. However, we do ask to hold at least one open house. This allows serious buyers to come in and take a look at the property, sometimes with their contractors, so that they can put forth their best offer. We’ve found that this method yields much higher offers than the sign unseen offers that many of our competitors advertise.
Are there any appraisal contingencies?
No. There are no appraisal contingencies.
Can I leave junk in my house after closing?
Absolutely. Leave what you don’t want and take what’s important to you.
Does Express Home Sales need to see my home?
Yes. One of our licensed real estate brokers will come check out the property prior to any agreements being signed. This allows us to meet you, get a feel for the property, go over your goals with the home, and review all of the options available to you to help maximize your monetary return.
Do investors need to see my property in person?
No. However, we have found that buyers that do see homes in person offer substantially more money than buyers that do sight unseen. Part of our marketing strategy is to hold one open house, giving all interested buyers an opportunity to see the property in person.
How does Express Home Sales make money?
We charge a fee to the purchaser, which is disclosed in the Purchase Agreement with you.
Accepting & Rejecting Offers
How do you vet the investors you work with?
We have a very large network of local cash buyers. Anyone who submits an offer will first have a conversation with our team of real estate brokers to go over their offer and the proof of funds. Buyers are also responsible for submitting a non-refundable earnest money deposit within 1 business day of the contract being accepted. This process ensures that they are serious about their offer.
Am I obligated to accept an offer?
No. You are under no obligation to accept any offer that you receive. When you do receive offers on your property, we review the offers in great detail with you, answering all of your questions and concerns, so that you are making the best decision. If you do not like any of the offers, you do not need to do anything.
How many offers should I expect on my home?
Historically, our homes have received anywhere from 2-5 competitive offers.
How do I accept an offer?
Everything is done electronically. After we review the Purchase Agreement with you and answer all of your questions and concerns, the agreement is emailed to you and signed via DocuSign.
What happens after I accept an offer?
We handle the entire transaction from start to finish. The only thing that you will be responsible for is coordinating the removal of anything you want to take from the house. As we get closer to closing, we will work with you to schedule either a remote notary or for you to close at our office. We provide updates along the way and are available around the clock to answer any questions that you may have.
Closing & Moving
How quickly can I close?
You choose the closing date. We recommend at least two weeks, due to the lien searches that need to be completed which are out of our hands.
Can I change the closing date once I’m under contract?
If you need to change the closing date for any reason, just let us know. We will have an addendum created with the new closing date.
How does my mortgage get paid off?
The title company will have you sign an authorization form allowing them to contact your lender and request a mortgage payoff. The mortgage will then be paid off on closing day.
Can you help me purchase a new home?
Absolutely. Our team also specializes in assisting buyers locate and purchase new properties. Our brokerage, Pineywoods Realty, has over 200 agents in the Tampa Bay area that are all eager to help you find your new home.
Can you list my property on the MLS?
Absolutely. In our initial in-person consultation, our team of real estate brokers reviews your property in great detail. We will let you know if the home would yield you more money listing it on the MLS. You can choose whether to use our cash buyer network or list it. If you thought the cash offers were inadequate, we can immediately list your home.