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Your House Didn’t Sell, Now What? | We Buy Houses Amarillo | 806-359-7653

Wednesday, January 31st, 2018

So you decided to sell your house. You listed with a Realtor and your hopes were high. Six months came and went but your house didn’t sell. Now what?
There are many reasons why some homes don’t sell. But it usually boils down to one of three things.

1. Your price was too high. It sounds overly simple but it’s true. The number one reason why your house won’t sell is because it isn’t priced correctly. Some Realtors will tell you a really high value just to get you to list with them. This is a very common tactic. By the time you realize you need a price reduction, it’s too late. Your house has been on the market for several months and you missed the golden 30-day window. One of the best ways to tell your house is overpriced is if you are not getting many showings.

2. Your house has something wrong with it. If your house is priced correctly and it still didn’t sell you need to look at the house itself. Maybe it needs some general repairs or updating. Maybe it has a strong pet odor. Or perhaps it has a bad floor plan. It could even be something simple like having too much clutter. For every 10 showings, you should receive an offer. If your house is showing but no offers there is probably something wrong with your house. You have to figure out what is causing people to not like your house and then fix that problem. If you don’t want to fix the problem you’ll need to lower the price.

3. Your house was not marketed correctly. Using the right Realtor to properly market your house makes a huge difference. Sometimes poor marketing strategies can cause your house not to sell. If you want to know more about this give us a call and we can show you our marketing strategy.

If you have a house that didn’t sell give us a call. We can give you several options. We can make you a cash offer and we can also talk to you about listing the property for you. Even if you don’t want to use us we can still talk strategy and give you some ideas. Call us today at 806-359-7653 or visit us online at We Buy Houses.

Your Home Has 3 Values | We Buy Houses Amarillo | Mitchell Property Group 806-359-7653

Friday, January 5th, 2018

What’s my house worth? That’s actually a tricky question because there are so many variables that need to be considered. Most of the time people talk about things like condition, floor plan, and curb appeal. They forget what I think is probably the most important thing to consider which is TIME. When I’m asked this question my first response is usually “How soon do you need to sell?”

1. 30-day quick-sale value. If you need to sell your home in less than 30 days you are most likely going to need to sell to an investor. It is almost impossible to find a traditional buyer who will use bank financing who can close in 30 days or less. You need someone who can pay cash and doesn’t need inspections. This will be the lowest of the three values but it will be the option with the least amount of work and hassles. This option is best for the seller when time is of the essence.

2. 60-day value. In the Realtor world, this is still considered a quick sale. In order for your home to sell in 60 days, you need to have a contract with a solid buyer within the first 2 weeks. If everything goes right, and it rarely does, it will take about 6 weeks for the average buyer to close on a house. This is due mostly to new banking regulations. You will need to price your house aggressively in order for it to close in 60 days.

3. 90-120 day value. When a Realtor tells you a value, this is what they are talking about. This is the highest value of the three. The more time you have to sell, the higher the value. This means you have enough time on your hands to wait for the perfect buyer at the perfect price.

Regardless of how soon you need to sell, we can help. We buy houses in just about any price range or condition. We can buy your house and close in a few days if that’s what you need. Since we are also Realtors, we can also list it for you for top dollar. We are not your typical Real Estate Company that only offers one solution. So the bottom line is this… if you have a house you need to sell you should call and visit with us. We can offer you several solutions based on your situation. Give us a call today at 806-359-7653 or visit us online at What’s My House Worth.

Why are we different? We give you more options! | Mitchell Property Group | 359-7653

Friday, December 8th, 2017

There are lots of people who buy houses. And there are lots of Realtors. We happen to be both. Here’s why that should matter to you.

Last week a lady called and told me she wanted to sell her house. She said it needed some work but it wasn’t too bad. She said she needed to sell it within a month or two. I knew her neighborhood very well and I knew that her house would sell fast if it was marketed correctly. I asked her if she had considered listing it with a Realtor and she said she had not because it needed some work. I always like to provide sellers with two options so I took Landon with me. Landon is one of the top agents in Amarillo. After we looked at her house and got enough information to understand her situation we advised her to list her house with us instead of selling it to us. This was a better option for her because her house is in a good neighborhood, it was in better condition than she thought, and she has time to wait for it to sell. As much as I would have loved to buy this house from her I knew Landon could get her more money by listing it. I told her that if for some reason he couldn’t get it sold that she could always fall back on my cash offer and we would waive all the Realtor fees. She liked having my offer as a safety net. This is what you call a win/win situation!

If you have a house that you need to sell we would love to visit with you. We buy houses in just about any price range or condition. Sometimes the best thing for you is to sell directly to us and close fast. Sometimes it may be better for us to list your house. Our job is to give you enough good information so you can make an informed decision. Give us a call and let us help you find a solution that makes the most sense for you! Call us today at 806-359-7653 or visit us online at Mitchell Property Group.

Landon signing

Don’t Get Scammed! |We Buy Houses Amarillo | Mitchell Property Group

Tuesday, August 8th, 2017

A while back I met with a homeowner and placed a bid on their house. A few days later they called and told me I had been outbid by another investor. I was surprised to hear this because I had made what I considered to be a very aggressive offer. A month later they called and asked if my offer was still good. I told them it was and we closed two days later. At closing they told me that this other investor had really given them the run-around. Once he got their house under contract he had brought in other buyers to try and sell the property before he had even bought it. Sounds crazy but it happens all the time. When he couldn’t find another buyer he just backed out.
Here are the 5 best ways to avoid being scammed:

1. Never sign an assignable contract. Do not sign a contract with the words “and/or assigns” written in it. In fact, in special provisions you should write “this contract is not assignable.” This is probably the easiest way to avoid being scammed. This will prevent an investor from trying to sell your house before they buy it.

2. Ask for references. A good company will not mind giving you references. I can give you as many as you want.

3. Verify funds. If someone advertises they pay cash for houses they won’t mind you verifying that they actually have the money to close. If they balk at this request do not work with them.

4. Ask for a short closing date. Even if you want to close in 30 days don’t tell that to the investor. Tell them you want to close in 3 days and your contract will not be assignable. You will be able to tell immediately if you are dealing with a real cash buyer or not!

5. Do not sign a contract with a long option period or a long inspection period. Anything over 5 days should be a red flag. Many new investors want long option periods so they can back out if they can’t find a new buyer. Short option periods make this much more difficult.

If any of this sounds confusing just call me and I can explain it further. When we write a contract and shake your hand we intend on closing that deal. You are welcome to call our references and verify funds. We do what we say we’ll do and our deals close on time with no problems. That’s why we receive so many referrals from happy customers. We are very much a local company. You are welcome to stop by our office for a cup of coffee anytime.

If you have a house to sell in Amarillo or Canyon give us a call. We buy houses in just about any price range or condition. We would be happy to make you an offer. You can call us at 806-359-7653. You can also visit us online at We Buy Amarillo Houses.

Think Only Stupid People Sell To Investors? Think Again! | We Buy Houses Amarillo

Thursday, August 11th, 2016

I hear this a lot. “Only an idiot would sell to an investor!” Or “Why would anyone leave all that money on the table?”
I was eating lunch with my wife on a Friday at Abuelos. It is her favorite place to eat and it’s close to our office so we try to go as much as possible. My phone rang and I immediately hit silence. I noticed it was a Realtor I have worked with over the years. After lunch I called her back. This is the scoop she gave me. Her house was in a nice part of town. She had lived there for 15 years. It was not in terrible condition but it was not updated. She had found a great deal on a new home that required her to act fast. She wanted me to come give her an offer.
When I met with her to look at the house it was just as she had described. It was dated. It needed paint, flooring, and updating in the kitchen in bathrooms. It also had an older sewer line. I asked her why she didn’t just list it herself. She said “Oh honey, on a house like this it never works out like you think!” Now keep in mind that this is a very seasoned successful agent. Why would SHE sell to an investor. Because she is smart!
First of all she needed to sell fast. If she listed the house she knew it would take a few months to get closed under the best of circumstances. She also knew that homeowners would hire an inspector who would pick her house apart. It happens all the time. She knew from experience that by the time she paid a Realtor commission to the selling agent, made lender required repairs, and paid closing cost that she would end up right back at the same price that I was offering her. Besides I offered to pay ALL closing costs. In other words, she would NET the same either way but my offer was faster and much easier. Smart sellers and agents focus on the NET price, not the contract price.
The following Friday I met her at the title company and we closed. She walked out with a check and I took my wife to Jason’s Deli. It’s right next door to the title company.
There are many times when someone has a house that doesn’t need work and they have plenty of time to sell it. In those cases they should use a good Realtor. I recommend giving my wife a call. She is a great agent! But when the house needs work and time is of the essence do what the smart Realtors do… Call me!
Call 806-359-7653 or visit me online at Sell My House Fast.

We buy nice houses too!

We buy nice houses too!

What Makes Us Different? | We Buy Houses Amarillo | 806-359-7653

Tuesday, April 26th, 2016

Yesterday I read online that a homeowner had a bad experience with a nationwide home buying franchise. I read both sides of the story and I honestly think that the homeowner got the short end of the deal. I want you to know that we are not your typical We Buy Houses company. Here’s why.

1. We give you at least two options. We are investors but we are also Realtors. We buy houses and we can also list your house. Every time we make an offer on a house we also give you a recommended list price. Sometimes it is better to list your house and we want you to know that. Now don’t get me wrong, we’d always love to buy it and we can do that, but we want you to know all of your options. If you have a house that needs a lot of work or needs to be sold fast selling it directly to us is probably your best option. But if your house is in good condition and you don’t need to sell it fast listing it could be a great option.

2. We give you a lot of information. We’ve always believed that when people have enough good information they can make a decision that is best for them. Every time we make an offer we tell you what we believe to be the anticipated resale value of your home. This is often referred to as the ARV or ‘after repair value.’ We tell you the estimated amount of repairs. This way you know exactly what your house would be worth in tip-top condition and what it would take to get it there. If your house is in good condition we will also tell you what the ‘as is’ value would be if we were to list it for you. We go over closing costs and Realtor fees so that know what you would walk away with if you decided to go this route. In other words, we show you several different options. We know every situation is different so we don’t offer one-size-fits-all solutions!

If you have a house that you need to sell give us a call. We would love to go over your options and show you how we can help. Even if we can’t buy it we can probably give you some great information. Give us a call at 806-359-7653. You’ll be glad you did!

Wade Mitchell
We Buy Amarillo Houses

Real Estate Investor VS Realtor | Mitchell Property Group

Thursday, January 21st, 2016

Real Estate Investors are an interesting lot. Most of them are fiercely independent and extremely stubborn. They have Maverick personalities and are not big on rules. They always think outside the box. Most of the good ones I know have a knack for being able to quickly analyze a deal and pull the trigger.

Realtors are also a very interesting group. Most of them are very “by the book”. They like to follow the rules and have a difficult time thinking outside the box. Not all of them but many are this way. The good ones have the ability to put their ego aside and get a deal to the closing table.

Every day I get to work with Realtors and Investors. It can be very interesting at times to say the least! Most of them are top-notch. Emmy has a classic Realtor personality and I have a classic Investor personality. I help her to think outside of the box and she keeps me out of jail!

The cool thing about our company is that we are able to offer our clients both options.  I can make an all cash offer to buy the house as is. Emmy can show them what she could list the house for and they can compare options.  Either way we are happy to help.  Sometimes people are on the fence and have a hard time deciding which way to go.  In that case we always recommend listing the house first to see if it will sell.  If it doesn’t sell they can always take my cash offer at any time and we will waive the Realtor fees.  This lets our clients try to sell their house for as much money as possible while knowing that at any time they can sell the house to me if they need to.  Pretty cool huh?

If you have a house that you need to sell or list or maybe a combination of the both call us.  I guarantee you we can help!  We buy houses, we list houses, and we like helping you think of ways to sell your house. Call us today at 806-359-7653 or visit us Sell My Amarillo House.

Mitchell Group-7

 

Flooded Houses, Tall Weeds | We Buy Flooded Houses!

Monday, June 1st, 2015

I drove by a sign the other day that read ‘pray for rain.’  It was in a yard that had about 6 inches of standing water.  Rain in the Texas Panhandle is always a good thing.  But this much rain can reek havoc on older houses.

Flooding is the biggest problem.  Amarillo does not have the best water drainage.  In fact there are many neighborhoods that flood every time it rains this much.  This can cause problems like damaged foundations, black mold, and rotten base plates just to name a few.  Another problem is out of control weeds.  This is especially true on vacant properties.

If you have a house that has water damage that you would like to sell call us!  We buy Amarillo houses ‘as-is’ and we close fast.  Call us today at 806-359-7653 or visit us online at We Buy Flooded Houses.

We buy Amarillo houses!

We buy Amarillo houses!

We Buy Houses | We Want to Help 806-359-7653

Thursday, November 6th, 2014

I have seen just about everything in my 14 years of buying houses. I’ve seen a lot of things that are just heartbreaking. I’ve seen the effects of divorce, drugs, bankruptcy, job loss, vandalism, and fires. But yesterday I went and met with a family who had lost their teenage son. They wanted to sell their home because the house has too many painful memories. As I walked through their son’s room I noticed many things that reminded me of my own teenage son. A set of weights in the corner, sports trophies, camping gear, football posters, and a camouflage covered bible. This was your typical all-American boy. As I walked through the house I prayed that the Lord would give me special wisdom to help this family. I proposed that they move in to one of my rentals and allow me to help them make some of the repairs that would be needed so that they could sell their house for retail on the open market. But they just wanted out. So I made them an offer and told them to think about it and pray about it. In the end they decided to sell me the house. I am going to sell them one of my remodeled houses at a discounted price. Since they want to move as soon as possible I will let them rent my house until they can get their loan approved. It feels so good to be able to help amazing people like this family.
I am writing about this to let you know that if you have a problem that involves Real Estate I’d like to help. Even if I can’t buy your house I would still like to help. Many times we advise people to do something besides sell their house. I have helped people with insurance claims, repairs, and title problems. I am pretty creative when it comes to Real Estate. If you are facing a desperate situation call me. I am not going to try to steal your house. Maybe I can think of an option that you haven’t thought of. There is never any obligation on your part and all calls are confidential. Call me at 806-359-7653 or visit my website at We Buy Houses.

Amarillo Buys Houses | 806-359-SOLD

Wednesday, November 6th, 2013

Are you looking for someone in Amarillo who buys houses?  Someone who buys houses fast and in any condition?  If so then give us a call!  We have been buying houses in Amarillo for the last 15 years from people who do not want to wait for 6 months while a Realtor tries to sell it.  Most of the houses we buy need work but we also buy pretty houses too.  Especially if the house needs to be sold fast.  We are very easy to work with and we can give you references if you want.  It all starts by you picking up the phone and calling.  We will ask you a few questions to make sure we are on the same page.  Sometimes we can even give you an approximate offer over the phone.  Other times we will come take a look at your house and give you an offer in person.  If you decide to take it we can close as soon as you want.  We pay all the closing costs and take care of all the paperwork.  It’s that easy.

If you have a house that needs a lot of work or one that you need to sell quickly give us a call today at 806-359-7653 or visit us online at Amarillo Buys Houses

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