Below are frequently asked questions from sellers like yourself. If you can’t find the answer you need here, please don’t hesitate to reach out to us at (317) 617-8397 or fill out our “Contact Us” form. We’re here to assist with any questions you may have.
1. How is using Performance Assets, LLC different from selling my house with the help of a real estate agent?
In the traditional real estate model, a professional manages the sale of your home using tools like the Multiple Listing Service (MLS) to attract potential buyers. This process usually includes multiple property viewings over weeks or months until a suitable buyer is found. Upon a successful sale, you may encounter expenses such as title fees, closing costs, and agent commissions.
On the other hand, as investors, we offer a quick cash purchase of your property or find alternative buyers who can do the same. After renovating the property, we reintroduce it to the market to generate profit, which constitutes our revenue. When you sell your home to us, we cover inspection and closing costs, and you won’t need to pay commissions. We provide a cash payment, eliminating the need for a real estate agent and associated additional expenses. This leads to a faster sale, fewer complications, and a more streamlined experience for you.
2. How do I know this is the best course of action for me?
Selling your property through traditional real estate channels can be intricate and time-consuming. Tasks such as managing inspections, addressing repairs, and accommodating numerous potential buyers visiting your property are involved. This process often results in price fluctuations influenced by negotiations over repair costs with potential buyers.
In contrast, we conduct a thorough evaluation of your specific situation and cover all associated selling costs. This allows us to offer you a fair price and expedite the ownership transfer process. Even if your property is in excellent condition, opting for a quick sale can be a compelling option. After assessing your real estate in detail, we can provide personalized advice on whether engaging a traditional real estate agent would better suit your needs.
3. Who are you?
At Performance Assets, LLC, we have built a strong presence in the real estate sector, backed by a proven record of assisting numerous sellers. We understand deeply the significance of the decision to sell a home and recognize the unique circumstances of each individual. Our commitment lies in providing tailored solutions that meet specific needs, leveraging our extensive network of associated investors to identify the best option for you. Our goal is to craft an offer that precisely aligns with your preferences, ensuring a seamless transaction process.
Transparency is fundamental to our approach. Our dedicated team offers honest assessments of your property and guides you toward the best possible outcome. If our initial offer does not fully meet your requirements, we are prepared to explore alternative solutions that may better suit your situation. Engaging our services involves no obligations, and we only acquire properties that meet our rigorous criteria. For more information about our operations, we encourage you to visit Our Company page. We take pride in our unwavering reliability, commitment to transparent and personalized communication, and the extensive expertise we bring to every interaction.
4. How does it work?
At our company, we streamline the property-selling process by eliminating intermediaries like real estate agents, lenders, appraisers, and inspectors. Our focus is on facilitating quick and hassle-free cash purchases of various properties—houses, condos, apartments, and land—regardless of their condition or location. Here’s how we operate: we start with a comprehensive market analysis (CMA) to determine your property’s value after renovation to modern HGTV standards. Then, we conduct a thorough property inspection to identify necessary repairs and estimate associated costs for acquiring and selling your property.
To sustain our operations, we include a reasonable profit margin, ensuring mutual benefit for all parties involved while maintaining transparency. We provide you with a detailed breakdown of the transaction.
Choosing our services allows you to avoid expenses and inconveniences such as property showings, open houses, multiple inspections, and lengthy listings typically associated with traditional real estate agents. For more information on our all-cash, as-is transactions, please visit our How it Works page. Feel free to contact us via call or text at (317) 617-8397. Whether or not selling your property to us is the best option, we’re here to assist you in your selling journey!
5. Why should I choose your company?
Central to our service is a dedication to trust and transparency. We take pride in offering clear, detailed mathematical analyses to ensure you fully understand the proposed price and expected profit for your property. Our primary objective is to provide you with the highest possible payment. Additionally, we provide a comprehensive overview of the time and financial benefits associated with selling your property to us. Our commitment to honesty and fairness has established us as a trusted name in Indiana. By prioritizing integrity and respect, we have emerged as the leading cash homebuyer in Indiana.
Our approach revolves around understanding your timeline, addressing your concerns, and accommodating your terms to present an offer that meets your specific needs. Supported by a robust network of investors and partners, we are committed to facilitating a smooth and efficient transition to the next phase of your life.
6. What do you do with my house once you buy it?
Once we acquire your property, our initial focus is on initiating the refurbishment process. We meticulously address any required repairs and renovations, aiming to elevate the property to HGTV standards. Subsequently, we collaborate closely with a trusted agent to list and oversee the property sale. We cover all associated costs, including repairs, closing fees, and commissions.
Our satisfaction stems from achieving a modest profit, which enables us to effectively support other clients with their property-selling requirements. We take pride in our role of enhancing communities and contributing to the local economy by increasing neighborhood values statewide.
7. How many houses do you buy?
At the core of our business strategy is acquiring multiple properties, which enables us to offer you highly competitive pricing. Despite operating with narrower profit margins, our broad client base ensures a substantial cumulative impact. This approach ensures mutual benefits for all stakeholders, allowing us to assist a diverse range of individuals and make meaningful contributions to the communities we serve.
If a direct purchase of your property isn’t feasible, one of our investment partners may step in. We maintain close partnerships with experienced professionals in the house-flipping industry. Throughout the closing process, we engage local reputable attorneys to ensure a seamless and efficient selling experience for you.
8. How is the price you pay for my house determined?
Our process begins with assessing your property’s after-repair value (ARV), which indicates its potential market worth after necessary renovations post-purchase. Our specialist then conducts an on-site evaluation to accurately determine the required repair and refurbishment costs.
In addition to renovation expenses, we account for costs related to selling the property. While you can bypass the need for a real estate agent by selling directly to us, we engage their services to list the property after purchase. Moreover, we cover all holding and closing costs, fees, taxes, and commissions, typically totaling around 10% of the ARV.
Next, we deduct the repair, refurbishment, and selling expenses from the ARV while factoring in our minimum profit margin. This calculation enables us to offer you a fair price, often comparable to what you might receive through traditional selling methods, considering the additional expenses typically associated with using an agent. However, by choosing our services, you can receive a prompt cash payment, avoiding the usual challenges and delays of selling through an agent, which can sometimes take months to find a suitable buyer.
9. Do you pay a fair price?
Central to our values is a strong commitment to upholding an outstanding reputation and conducting all transactions with utmost integrity. This ensures that we consistently offer you a pricing structure that is fair and transparent. Transparency is key to our approach, as we use clear and simple calculations to outline every aspect of the pricing process. This method provides you with a thorough understanding of how each dollar is allocated and the rationale behind our proposed offer.
Our process begins with a comprehensive evaluation of your property’s market value. We carefully consider necessary repairs and renovations after purchase, as well as all associated costs. In addition, we factor in relevant selling expenses during our calculations. Following this detailed assessment, we apply our reasonable commission to determine the cash offer we present for your property.
10. Do I need to clean my house before you buy it?
A significant benefit of our process is the peace of mind it provides. You can rest assured that you won’t need to clean or repair any part of your property. Simply leave it as-is, and we’ll manage all necessary tasks after purchasing your home. This convenience is a key advantage that our clients greatly appreciate when opting to sell their properties through our streamlined process.
11. Will you still buy my house if it is in poor condition?
House flipping is a fundamental part of our business strategy. Our objective is to increase the market value of properties by completing necessary repairs and improvements after purchasing them. This relieves you from managing these tasks independently and results in a selling price similar to what we offer but without prolonged challenges. While transactions usually take about a month to finalize, in certain cases, we can expedite the process and complete it within two to three weeks. Our goal is to streamline the property selling process and ensure a seamless experience for you.
12. Wouldn’t it be easier to list my house with an agent on MLS?
While hiring a real estate agent and listing your property on multiple platforms may suit some situations, it often results in a lengthy and challenging process. Dealing with a continuous flow of potential buyers visiting your property can be exhausting. Moreover, coordinating with appraisers and inspectors and managing repairs independently can be time-consuming as you strive to achieve your desired selling price.
Certainly, making renovations can potentially increase your asking price, but it also entails significant expenses that you shoulder alone. Enduring weekend open houses and the constant concern of possibly reducing your price after weeks or even months of no success can be quite burdensome. Additionally, even after securing a buyer, the closing process itself can extend over several weeks.
In contrast, we offer a swift and hassle-free solution to help you reach your desired cash amount for your property. Our approach ensures a quick transaction, allowing you to move forward in your life without unnecessary delays or worries.
13. Will you list my house on the MLS?
Our firm specializes in a distinctive approach to property transactions. Instead of listing properties on the Multiple Listing Service (MLS) or solely acting as real estate agents, we operate as direct buyers. We collaborate closely with you to create a customized offer that aligns with your specific needs and preferences. Throughout the entire process, we manage every aspect of the transaction. After purchasing your property, we take care of any required repairs and renovations before reselling it to generate a profit. Efficiency is paramount to us, ensuring you receive prompt cash without unnecessary delays. Additionally, we provide transparent and detailed explanations of the calculations behind our offers, ensuring your complete understanding and satisfaction with the outcome.
14. Should I just list my house with an agent?
Considering the services of a real estate agent can be a prudent decision, especially depending on your timeline and the extent of repairs needed. However, it often entails a lengthy and potentially frustrating process with multiple showings, inspections, and potential financing hurdles that may extend the sale for months.
If you seek a faster and more streamlined alternative, Performance Assets, LLC provides a solution. We offer a seamless and professionally managed experience, ensuring a quick transaction and immediate cash. Our approach alleviates the typical pressures associated with traditional selling methods, guaranteeing a hassle-free process for you.
15. How do I sell my house quickly for cash?
Our core expertise revolves around swiftly purchasing properties for cash. Our process initiates with a comprehensive discussion regarding your property and its location to ascertain its maximum market value. We then conduct a detailed walkthrough to evaluate any necessary repairs and renovations. After calculating these costs alongside expenses related to the selling process, we deduct them from the market value and include our fair share. Upon completing this assessment, we will present you with an offer that we believe will meet your expectations.
One of the most attractive features of our service is our ability to finalize the transaction in as little as 21 days, ensuring rapid access to cash for you. This approach effectively bypasses the extended waiting periods and complexities often associated with engaging a real estate agent and listing your property.
16. Do I have to pay fees and commissions if I work with you?
When you decide to work with us, you can be assured that concerns about fees or commissions are alleviated, as we operate differently from traditional real estate agents. Fees and commissions are only applicable when we sell the property after purchasing it from you. Our pricing method for your property involves three straightforward steps: first, we determine its market value; second, we assess costs related to repairs, renovations, selling, and profit; and finally, we calculate the price and present it to you.
Once you approve the offer, we will collaborate to select a closing date and manage all necessary paperwork with the assistance of a trusted local attorney. This streamlined process allows you to quickly sell your property and receive cash without incurring any additional expenses.
17. Am I obligated to do business with you once I fill out the form?
Once you complete the form, there is no obligation to proceed with us. If you decide later that our service is not the right choice for you, there are no costs incurred on your part. While we believe you will find value in our service, we respect your decision if you choose to explore other options. Our primary goal is to help you find the solution that best meets your needs.
Our revenue is derived solely from the profit generated after we purchase your property and successfully sell it on the market. We understand you may have questions, which is completely understandable. To assist you, we have compiled a concise list of frequently asked questions with detailed answers. If your specific question is not addressed, please don’t hesitate to contact us, and we will gladly provide further assistance.