No. We’re firm believers that homebuyers should be able to make a competitive offer without being charged a premium. View our pricing calculator to see the estimated cost for buying with a Flyhomes Cash Offer or using Buy Before You Sell.
Unlike an iBuyer, we’re not in the business of buying homes to make a profit. We’re in the business of helping people sell their home for maximum profit. To do that, we handle everything from cleaning and staging to marketing and negotiating on your behalf—all for one flat rate. In the unlikely case your home doesn’t sell within 180 days, you can opt to have us purchase your home for 85 - 87% of the market value or simply leave it listed. If you’re using Buy Before You Sell, we’ll pay between 88 - 90% of the market value.
Hard inquiries, like loan applications and underwriting, appear on credit reports for around two years for each inquiry made. But if inquiries are done within a given window (usually 14 days) they only count as one inquiry so they will only ding your score a little - and not for very long. Luckily, Flyhomes pre-underwrites you quickly so most of our inquiries and reporting happens within that window so you shouldn’t see too much of a lasting slump in your score.
When first contacting us, you’ll speak with a team member whose sole responsibility is to pair you with a Flyhomes Agent who best meets your needs and is an expert in your local market.
The traditional process requires you to find and coordinate efforts between a real estate agent, lender, title and escrow, and closing company. With Flyhomes, we pair you with a dedicated Flyhomes Agent and provide all of your financing needs through Flyhomes Mortgage. Your Flyhomes Agent and Flyhomes Loan Officer work together and walk you through each step of the homebuying process. You can also use a different lender but may pay additional fees and duplicate costs if you choose to do so.
A Flyhomes Cash Offer consists of two simple and quickly completed transactions:
1. A short-term loan that acts like cash, paid to the seller in as few as 10 business days;
2. The short-term loan is then refinanced into your final long-term loan (this is your mortgage), which we back by a guarantee, ensuring that you close in 30 days.