Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. Here is a collection of some of the questions people ask us, along with our answers. If you still have a question, don’t hesitate to contact us anytime. We would be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We’re not agents, and we don’t list houses. Here at Blue Ridge Ventures, we are professional home buyers: We buy houses Little Rock that meet our purchasing criteria, and we don’t use bank financing so you don’t have to worry about our ability to close on a deal. After purchasing, we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
Q: How are you 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 4-6 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. If it’s a $100,000 house, you’ll pay between $3,000 to $6,000 in commissions to an agent.
Agents provide a great service for those that can wait 4+ 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 money 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 funds, repair the house, and market it ourselves to find a buyer.
Looking for this to be broken down further? Here’s a comparison chart to give an overview:
| Selling w/ A Little Rock Agent | SOLD To Blue Ridge Ventures | |
|---|---|---|
| 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 fair offers. |
| Average Days Until Sold: | +/- 91 Days | We provide immediate fair offers. |
| Number of Showings: | It Depends | 1 (Just Us) |
| Closing Date: | 30-60+/- 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: Many of the houses we purchase are below market value. We do this so we can resell it at a profit to another homeowner. We are looking to get a fair discount on a property. In our experience, many sellers aren’t necessarily expecting a large “windfall” on the property. Instead, they appreciate that we can offer money, we close rapidly (no waiting for financing), and no time, effort, or expense is required on your part to fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold rapidly, let’s see if we can come to a win-win price for both parties. Our no-obligation pricing commitment means that you don’t have to move forward with the offer we give… but it’s good to know what we’re offering!
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: 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 you?
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 compared to listing fees, where up to 6% comes out of your pocket. 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 money in your hand.
Q: Is there any obligation when I submit my information?
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 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.
Selling Your Little Rock Home Can Be A Simple & Easy Process
Blue Ridge Ventures buys houses in and around Little Rock directly from homeowners, allowing for a fast and flexible closing process. Unlike traditional agents, there are no fees, commissions, or extra costs. You don’t need to worry about making your house market-ready—we buy homes as-is, in any condition, and in any location.
From offer to close and money in your hand in as little as 7 days.
Avoid the hassle and costs of holding onto your property by selling directly to Blue Ridge Ventures. Skip the ongoing utility, tax, insurance, and mortgage payments that come with waiting 90+ days for a traditional sale. We offer a fast, straightforward solution to help you move on quickly.
Don’t worry about fixing anything or cleaning your house again and again for buyer after buyer.
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed. Is it a complete fixer? Great! We love projects. We want to make an offer on your house today. Let us save you time and put more money in your pocket.
What Does “As-Is” Mean?
When we buy your Little Rock home “as-is,” it means you don’t need to worry about repairs, fixing it up, or preparing it for showings. We handle all repairs and inspections after the purchase, saving you time, money, and hassle.
What Does a “Fair Offer” Mean?
A “fair offer” is the full amount you’ll receive at closing, with no risks of financing falling through or delays. We’re real estate investors, so we purchase your home directly with our funds.
Want To See What We Can Buy Your House For?
Fill Out The Form Below To Get A No-Hassle, No-Obligation, Fair Offer
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 no-hassle Situation Evaluation. Learn more about how we help Little Rock homeowners sell their unwanted properties for a fair offer.
Get your FREE Guide and then give us a call at (501) 299-2002. We would love to discuss what your home is worth and what we can offer to buy it with our Fair Offer Program.