Mark Spain Real Estate provides home selling and buying services across seven states, earning its revenue by charging sellers both a traditional listing fee as well as accepting offers from one of their investors in its cash buying network.
This company is known for providing exceptional customer service, with agents receiving more five-star reviews than any real estate brokerage in America. According to their website, traditional home sales transactions usually close within 25 days and sell for 98% of asking price. They also offer an all-cash Guaranteed Offer program so homeowners can sell directly without going through agents.
Once you submit a guaranteed offer request with Mark Spain, a local agent will visit and assess its value before providing an offer based on that evaluation. You then have the choice to accept or decline their offer; if accepted, your agent will work with investors from their network to purchase and close on your property within 21 days. While Clever Offers did not disclose how much it offered as compensation for buying houses (70-80% of ARV after repairs have been completed and subtract repair costs).
Although Mark Spain Real Estate’s guaranteed offers receive positive customer reviews, some reviewers note that their process can be time consuming and communication with them difficult. Some have even experienced delays or cancellations of their offer as well as issues during home inspections.
Other options for homeselling include selling to an all-cash buyer like an iBuyer, who may offer faster sale with minimal hassle; alternatively, try selling it privately as a For Sale By Owner (FSBO) or leasing it out to generate rental income.
When considering traditional real estate transactions, it’s a good idea to speak to several agents and compare their performance against one another. Their experience and knowledge can help ensure you secure the best deal. Working with a reliable broker is key to avoiding fraudulent companies and other potential dangers. Furthermore, knowing exactly how much fees will cost will enable you to plan accordingly and reduce any surprises further down the road. As well as paying your real estate agent’s commission, closing fees, and any additional expenses associated with selling your home. To ensure you’re making the best deal possible, use a real estate calculator to estimate your total costs of selling. This tool will allow you to select an agency that fits into your budget more easily.