To see the most update to date Frequently Asked Questions, visit our website at QuickBuy.com/FAQ
QuickBuy®
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| title | What are the advantages of QuickBuy®? |
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Your client receives an immediate offer on their qualified home and can close in as few as 14 days from acceptance. If your client is planning to buy a home as well, QuickBuy® give them the advantage of making a cash offer, with flexible closing terms. Your client can eliminate or reduce the time and expense of preparing the house for market. Your client will save on carrying costs while the home is listed, such as utilities, insurance, and taxes. Your client can avoid paying for two mortgages if their home doesn’t sell before they buy their next home. Eliminates the need to keep the house in show condition.
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QuickBuy® Lock
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| title | What is the QuickBuy® Lock Option? |
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QuickBuy® Lock is an excellent way to market your home for up to 150 days with the certainty and assurance of a QuickBuy® offer in hand. Your agent helps you “lock-in” the QuickBuy® offer before listing the home. |
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| title | When my seller receives the QuickBuy® Lock offer, how long do they have to accept it? |
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| title | How long does the seller have to list the home once they have accepted Lock? |
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The seller needs to list the home within 30 days of the Lock offer. |
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| title | Are there any other documents required with the Lock Listing addendum to get the seller listed? |
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With the Lock Addendum, the other required documents needed are the listing agreement between the seller and your brokerage, the homeowner disclosure and the lead based paint addendum, as part of the offer paperwork. |
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| title | Are there any price reductions required with the Lock addendum? |
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Yes, there are required price reductions if the home is still listed on the market at day 30, day 60 and day 90. These reductions help “refresh” the listing and continue to assist with reaching the targeted buyers of the home. |
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| title | Does my seller have to list as high as the Lock listing price and reductions? |
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No, the seller may always list lower than the suggested Lock prices. They cannot list higher, but they are welcome to reduce sooner, if they feel it is best for the listing. |
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| title | If my Lock seller wants to take the QuickBuy Immediate offer, how long do they have to accept it: |
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The seller has 150 days to accept the Immediate offer. The final day to accept the offer will be listed in the Lock Listing addendum. |
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| title | If the seller elects the Immediate offer while listed with Lock, when can they close on the sale to QuickBuy? |
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The last day the seller can close for an Immediate offer to QuickBuy is listed in the Lock addendum. It is 180 days out from the date of the offer from QuickBuy. |