Hazelnut Homes | FAQ
Does Hazelnut Homes pay fair prices for properties?
Will Hazelnut Homes be listing my house on the MLS or actually buying it?
How does Hazelnut Homes determine the price to offer on my house?
Are there any fees or commissions to work with Hazelnut Homes?
How are Hazelnut Homes different from a real estate agent?
Is there any obligation when I submit my information to Hazelnut Homes?
What does Hazelnut Homes’ “all-cash offer” mean?
Q: Will Hazelnut Homes be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers and we purchase properties quickly and for cash. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: Does Hazelnut Homes pay fair prices for properties?
A: Our goal is to provide you with the fairest offer possible. Unlike other buyers or big tech giants, we’re transparent with how we arrive at an offer amount. What we offer is based on what the value of the property may be once we make the necessary improvements and upgrades. We’re entirely transparent with this offer process and happy to walk you through how it works. See our Comparison Chart on listing retail or getting an offer from Hazelnut Homes
Q: How does Hazelnut Homes determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
Q: Are there any fees or commissions to work with Hazelnut Homes?
A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.
Q: How is Hazelnut Homes different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then takes a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3 to 6% of the sale price of your house. See our Comparison Chart on listing retail or getting an offer from Hazelnut Homes
Agents provide a great service for those that can wait 6 to 12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different. We’re not agents, we’re home buyers. Our company buys the house directly from you. Since we pay with all cash and purchase the house from you, we can make a decision to buy your house within a couple of days (sometimes even the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer.
Q: Is there any obligation when I submit my information to Hazelnut Homes?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We’ll let you decide what’s right for you.
Q: What does an “all-cash offer” mean?
A: “All-cash” means exactly that – all cash for your Minneapolis / St.Paul home! Because we are real estate investors who are purchasing your home directly, we don’t rely on traditional financing like retail homebuyers. When you sell to us, there’s no risk of the financing falling through, or closing being delayed. When we make you an offer, that’s the full amount you’ll receive at closing.
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Get your FREE Guide and then give us a call at (612)568-5005. We would love to discuss what your home is worth and what we can offer to buy it with our Cash Offer Program.