For A Fast, Simple, and Hassle-free House Sale, we offer a fair cash offer to homes in Toronto, Hamilton, and all across Ontario! No Fees, No Agents, No Commissions, No Cleaning!
Check Out Our Three Step Process:
Either fill out our form below, or call us at 647-372-5262 to tell us a bit about your property.
GET YOUR OFFER
We will visit you, answer all your questions, and present you with a fair, cash offer.
If you like our offer, simply sign, choose a closing date, and collect your cash at closing.
How we Calculate our Offer to Buy your Toronto, Hamilton or Southern Ontario Area House
We like to provide as much transparency into our process as possible. We want you to understand your offer so that you can make the best decision for you and your family. Are you ready for a little math?
Our Cash Offer Formula
Your Offer = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]
After Repair Value
This is the market value of your condo, house or multifamily property AFTER we renovate it to a modern, high-end standard. We determine this value by looking at the top recent home sales in your area.
Cost of Repairs
Our In-House Contracting Team tells us what it will cost in order to bring your property up to a modern, high-end standard. By having an in-house contracting team we are able to keep our renovation costs low and make you a higher offer!
Our Selling Costs
Although we buy houses direct from sellers, when you are selling a newly updated home, you need to work with an agent and professional home stager in order to get top dollar. Plus we have to pay legal fees, closing costs, taxes etc. This amounts to ~10% of the After Repair Value… our buyers offers are not as generous as ours! 😊
Our Minimum Profit
We are a business and we do need to make a profit. We need to pay our people and provide for our families as well. BUT, we would rather do a lot of deals with a little less profit than a small number of deals with big profits. It makes our business more consistent and helps ensure we keep all of our contractors busy! Plus it means we’re more likely to give you an offer that you are excited to accept!
How about a Real World Example?
Here’s an example using real numbers from a single family home that we bought and flipped recently.
After Repair Value: $490K
Cost of Repairs: $120K
Our Selling Costs: $30K
Our Minimum Profit: $40K
Our Offer = [ $490K – $120K – $30K – $40K ] = $300K
In this case our client’s house needed quite a bit of cosmetic updating and they didn’t have the money or time to deal with it. They were also getting older and wanted to move closer to their adult children. They were happy with the offer of $300K and the quick 30-day close we were able to offer them. Win-Win!
Selling To SLG Home Buyer VS Listing With A Local Agent
Even in a sellers’ market like Ontario, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your house. While you may be able to get a higher “top line” sales price listing with a local agent, that doesn’t always boil down to more money in your pocket or less headache! Dive into the details below to compare your options:
|Selling w/ An Agent||SOLD To Fast Ontario Home Buyer|
|Commissions / Fees:||5% on average is paid by you, the seller||NONE|
|Inspection & Financing Contingency*:||Yes, sales can fall through||NONE|
|Appraisal Needed:||Yes, the sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||+/- 91 Days||IMMEDIATE CASH OFFER|
|Number of Showings:||It Depends||1 (Just Us!)|
|Closing Date:||30-60 +/- days after accepting buyers offer||The Date Of YOUR CHOICE|
|Who Pays For Repairs?:||Negotiated During Inspection Period||NONE – We pay for all repairs|