Resources
Schedule a Meeting

Have questions?

We've got answers.

Category
General
Buy
Buy Before You Sell
Sell
Flyhomes Guarantee for Buyers
Buying your home
Need to back out?
Flyhomes Guarantee for Sellers
Selling a home
What's the Flyhomes guarantee as a buyer?
+

If you’ve purchased a primary residence with Flyhomes and are unsatisfied for any reason within one year of buying the home—we’ll clean, stage, list, and sell it at no additional cost to you.

Can I use the guarantee for buyers with Buy Before You Sell?
+

Yes. If you’re working with a Flyhomes Agent to purchase a primary residence, you can use this guarantee.

Why do you offer a 1-year guarantee?
+

Buying a house is one of the largest purchases you’ll ever make, and in today’s market you often have very little time to make it. With so much on the line, we want to help ensure that the house you decide to buy feels like home.

How do I use the Flyhomes Guarantee for Buyers?
+

First, confirm that you’re eligible:

  • You must have purchased your home with Flyhomes Brokerage and used it as your primary residence.

  • You must sign a listing agreement with Flyhomes Brokerage within 12 months of purchasing your home through Flyhomes, and the home must be ready for Flyhomes to list within 90 days of the date of signing the listing agreement. 

If you meet the above requirements, email the below to [email protected].

  • The address of the home

  • The purchase closing date

  • A request to use the Flyhomes Guarantee for Buyers and to sign a listing agreement with Flyhomes Brokerage

  • The date you’ll have the home ready to list (must be within 90 days of the date the email notice is sent)

  • A statement that you purchased the home as your primary residence along with your move-in and move-out dates

A Flyhomes team member will respond within two business days to arrange for you to sign a listing agreement and schedule an onboarding meeting.

Please note, this guarantee ONLY applies to primary residences. It does not apply to investment properties, vacation homes, or any other real estate not being used as a primary residence.

What are the fees?
+

There are no fees. We do not charge any sales agent commission (typically 2.5% of the home sale price) as well as most of the selling costs. You’ll still need to pay the buyer’s agent commission (typically 2.5-3% of the home sale price), any applicable taxes, and any repairs or touch-ups if needed.

What’s included in the guarantee?
+

If—for any reason—you're unhappy with your home within one year of purchasing it, we'll sell it at no additional cost. What's included? Our all-inclusive listing services are designed to help your home sell fast and for top dollar. These services include a pre-listing home evaluation, detailed market pricing analysis, professional photography and virtual tour, cleaning, staging, listing, hosting open houses, and extensive marketing of your home.

Can I use this with Buy Before You Sell?
+

Yes. If you’re working with a Flyhomes Agent to sell a primary residence, you can use this guarantee.

As a seller, how do I use the Flyhomes Guarantee for Sellers?
+

There’s no action needed on your part. Our client’s Flyhomes Agent will ensure that you get paid in the event that our client backs out after all contingencies have been met.

How much will you pay for my home if I use the Flyhomes Guarantee for Buyers & Sellers?
+

Our goal is to help maximize the proceeds from selling your home, which we base off of the current market value. Contact your Flyhomes agent to learn more.

How is the seller impacted by a Flyhomes Cash Offer?
+

There’s no down side for the seller. The Flyhomes Cash Offer is backed by our Flyhomes guarantee, ensuring that they’ll get their proceeds even if the buyer backs out. As an agent, you’ll receive an addendum to the contract outlining the specifics.

What is a Flyhomes Cash Offer?
+

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.

How much does it cost to use a Flyhomes Cash Offer?
+

Make a Flyhomes Cash Offer with the help of one of our agents for about the same cost as a traditional offer. That's because there are no origination or convenience fees—and a few transactional credits, too. View our pricing calculator to see the estimated costs.

Does Flyhomes do appraisals?
+

Flyhomes Mortgage works with our network of preferred 3rd-party partners who handle all of our inspections and appraisals.

Do I have to work with Flyhomes Mortgage to use a Flyhomes Cash Offer?
+

Yes and no. The Flyhomes Cash Offer consists of two loans: a short-term loan and a long-term loan.

For the short-term loan, you’ll need to work with Flyhomes Mortgage as it’s a service that’s backed by our Flyhomes Guarantee for Buyers. For your long-term loan, you can absolutely use a different lender.

If you decide to use Flyhomes Mortgage, you’ll save money when it comes to refinancing your short-term loan and won’t need to get approved for a second time.

What is closing?
+

It’s the final step to securing your loan. This is where you’ll sign your closing documents (i.e., mortgage or deed of trust) and pay any closing fees.

How does Flyhomes Mortgage close so quickly?
+

Our Flyhomes Cash Offers don’t require a full home appraisal, which significantly reduces the closing timeline. Flyhomes Mortgage also fully underwrites you ahead of your offer, which means that your loan approval is done ahead of making an offer. This contributes significantly to an efficient closing process.

Do I still need an appraisal?
+

Yes. We use an abbreviated appraisal often called a desktop appraisal report for your short-term loan. However, when refinancing into a long-term loan, you’ll need a full appraisal to be completed. Learn more about home appraisals.

When do I own the home? When do I get to move in?
+

You take title and own the home at the closing of your short-term loan, typically 8-10 days after you have a fully executed Purchase and Sale Agreement. Once you’ve closed on your loan, you can move in!

How much can I offer with a Flyhomes Cash Offer?
+

There are a couple of things to take into account. The appraisal tells you how much the home is worth and underwriting tells you how much you can afford. If your appraisal comes in low, your Flyhomes Agent will help you determine the best approach to bridging the gap.

How does a Flyhomes Cash Offer work?
+

Most people don't have the money to win an expensive bidding war. That's why we created the Flyhomes Cash Offer so you can buy your new home, backed our funds. That's guaranteed money for you and the seller—making your bid more competitive.

  • Get pre-underwritten: Before you search for a new home, it’s important to be ready to make an offer. That’s why Flyhomes Mortgage gets you pre-underwritten—first thing. It lets you know your budget and lets sellers know you can pay. Learn more about the benefits of pre-underwriting.

  • Pay upfront: You'll get you set up with a short-term loan, giving you the money you need to make a highly competitive Flyhomes Cash Offer, payable in as few as 10 days.

  • Secure financing: Once you move in, your short-term loan will be refinanced into a long-term loan.

How do I qualify for the Flyhomes Cash Offer?
+

This will be determined during the pre-underwriting process. That’s where you’ll learn how much home you can afford and set a budget for your search. Regardless of your credit and current financial situation, we’ll help you find the best solution for getting you into your new home.

Does Flyhomes charge a premium for using their services?
+

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.

It sounds too good to be true. What’s the catch?
+

In most markets, sellers agree to pay 2% to 3% of a home’s sale price to the buyer’s agent as commission for finding a buyer for their home. As the buyer’s agent, we take that commission and apply it toward operating costs.

What homes can I buy using Flyhomes?
+

Most single-family residences, townhomes, and investment properties that are located in our service areas: California, Oregon, Washington, Colorado, Texas, and Massachusetts.

Do I have to sign anything to start working with Flyhomes?
+

Not as a buyer; however, we’ll ask you to sign an exclusive agency agreement if you decide to list with us. While we provide everything you need to purchase a home (real estate agents, loan officers, etc.), you’re always free to work with one of our preferred lenders or another third-party lender of your choice.

Can I use my own lender?
+

Yes. While Flyhomes Mortgage offers 30-day closing, one-time underwriting, and guaranteed funds, when securing your long-term financing you can choose to work with one of our preferred lenders or a mortgage company of your choice.

How will getting pre-underwritten affect my credit?
+

Each hard inquiry, like a loan application, appears on your credit report for about two years. However, if multiple inquiries are done within a given window (usually 14 days) they’ll only count as one inquiry, minimizing the impact on your credit. Because Flyhomes Mortgage moves fast, you can easily get pre-underwritten while shopping for lenders within that time frame. Discover five common credit score myths.

Do Flyhomes Agents get commission?
+

No. Our real estate agents’ pay isn’t tied to a home’s purchase price, as they receive a base salary and bonuses based on how many homes they help buy. Flyhomes collects a standard commission, which goes toward operating costs.

When should I start thinking about getting a lender?
+

As soon as possible. That’s why Flyhomes Mortgage gets you pre-underwritten, first thing. Doing so lets you know your budget and lets sellers know you can pay. Learn more about the benefits of getting pre-underwritten.

When can I talk to a Flyhomes Agent?
+

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.

How is the Flyhomes homebuying process different than the traditional process?
+

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.

How is Flyhomes different from an iBuyer?
+

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 and you're using Buy Before You Sell, you can opt to have us purchase your home for 80 - 90% of the market value or simply leave it listed.

What’s included in the guarantee?
+

If—for any reason—you're unhappy with your home within one year of purchasing it, we'll sell it at no additional cost to you. That includes everything from conducting a pre-listing home evaluation and a detailed market pricing analysis in addition to cleaning, staging, photographing, listing, showing, and extensively marketing your home.

What’s the Flyhomes guarantee as a buyer?
+

If you’ve purchased a primary residence with Flyhomes and are unsatisfied for any reason within one year of buying the home—we’ll clean, stage, list, and sell it at no additional cost to you.

What do I need to do to use this guarantee?
+

First, confirm that you’re eligible:

  • You must have purchased your home with a Flyhomes Agent and used it as your primary residence.

  • You must sign a listing agreement with Flyhomes Brokerage within 12 months of purchasing your home. Additionally, the home must be ready for Flyhomes to list within 90 days of the date of signing the listing agreement. 

 If you meet the above requirements, email the following information below to [email protected].

  • The address of the home

  • The purchase closing date

  • A request to use the Flyhomes Guarantee for Buyers

  • The date you’ll have the home ready to list (must be within 90 days of the date the email notice is sent)

  • A statement that you purchased the home as your primary residence along with your move-in and move-out dates

A Flyhomes team member will respond within two business days to arrange for you to sign a listing agreement and schedule an onboarding meeting.

Please note, this guarantee ONLY applies to primary residences. It does not apply to investment properties, vacation homes, or any other real estate not being used as a primary residence.

Why do you offer a 1-year guarantee?
+

Buying a house is one of the largest purchases you’ll ever make, and in today’s market you often have very little time to make it. With so much on the line, we want to help ensure that the house you decide to buy feels like home.

Can I use the guarantee for buyers with Buy Before You Sell?
+

Yes. If you’re working with a Flyhomes Agent to purchase a primary residence, you can use this guarantee.

What are the fees?
+

There are no fees. We do not charge any sales agent commission (typically 2.5-3% of the home sale price). You’ll still need to pay the buyer’s agent commission (typically 2.5-3% of the home sale price), any applicable taxes, and any repairs or touch-ups if needed.

What's the Flyhomes Guarantee for sellers?
+

Your home is guaranteed to sell when using Buy Before You Sell and working with a Flyhomes agent to sell a primary residence. That’s because, in the rare case you don’t receive an offer within 180 days, you can continue to wait or have us buy it at no additional cost to you.

If you opt to sell your home to us and we sell it for a profit, we’ll give you those funds after recovering our costs from selling.

How much will you pay for my home if I use this guarantee?
+

Our goal is to help maximize the proceeds from selling your home, giving you the highest return possible. That’s why we’ll purchase your home and give you any profit we make once we’ve sold it and recovered our costs. If using Buy Before You Sell, we'll pay anywhere from 80 - 90% of the market value.

How do you determine the market value for my home?
+

Our research team reviews everything from your home details to neighborhood trends to what’s happening in the current market. Specifically, we compare your home with other similar homes in the neighborhood that have recently sold, taking into account differences in the square footage, the number of bedrooms, etc. We then look at their price point when sold/pending along with the price point of homes in the market as a whole. We do this because nearby homes are the best indicator of how much buyers might be willing to pay and the market as a whole tells us how many homes are on the market. If there’s a shortage, prices go up along with the value of your home.

What are the fees?
+

There are no fees for us to purchase your home after 180 days.

Why do you offer the seller guarantee to Flyhomes clients?
+

We know that you want to sell your home fast while maximizing your profit. That’s why we created Buy Before Your Sell backed by a guarantee that ensures that your home will sell one way or the other.

How do I use the guarantee for sellers?
+

Simply let your Flyhomes Agent know and they’ll take it from there.

As a buyer, what happens if I need to back out?
+

If for any reason you decide not to purchase a home after the seller has already accepted your offer and all contingencies have been met, we’ll purchase it instead. In the event we’re able to sell the home for a profit, we’ll return your earnest money after covering our costs. This applies to any property—even if you’re not using it as a primary residence.

Why do you offer this guarantee?
+

To stand out from other offers. Because the seller gets paid either way, it’s guaranteed cash for them and a highly competitive offer for you.

What are the fees?
+

There are no additional fees. And, in the event we’re able to sell your home for a profit, we’ll return your earnest money after covering our costs.

How do I qualify?
+

There are three requirements that must be met in order to use this guarantee:

  1. You need to have received a pre-underwritten letter.

  2. Earnest money must have been put down (a minimum of 3% of the purchase price in CA and 5% for other states).

  3. The home must be in appraisable and lendable condition.

How do I use this guarantee?
+

Simply let your Flyhomes Agent know that you’d like to back out, and they’ll take care of the rest.

What services are included when I sell my home?
+

We take care of everything to get your home show worthy so you get top dollar when selling your home. These services include listing, cleaning, staging, professional photos and a virtual tour, extensive marketing, a pre-inspection report, and hosting open houses for prospective buyers.

How do you assess my home value?
+

Our research team reviews everything from your home details to neighborhood trends to what’s happening in the current market.

Specifically, we compare your home with similar homes in the neighborhood, taking into account square footage, the number of bedrooms, etc. We then look at their price point when sold/pending along with the price point of homes in the market as a whole.

We do this because nearby homes are the best indicator of how much buyers might be willing to pay. And the market as a whole helps us determine demand. If there’s a shortage of homes listed, prices will go up—along with the value of your home.

Why should I list with Flyhomes?
+

Our all-inclusive services help our listings consistently sell faster and for more than the industry standard. When you list with us, you’re given a dedicated licensed agent who’s an expert in your area. They coordinate with our preferred network, getting your home show worthy and in front of buyers fast so you can make the most profit.

How soon can you get my home ready to sell?
+

We can get your home show-ready in as few as two weeks.

What costs are involved when I sell my home with Flyhomes?
+

As the listing agent, we charge the current market’s typical rate (usually 2.5-3%) of your home’s final purchase amount for our all-inclusive services. As the seller, you also pay the buyer’s agent commission, which typically ranges between 2.5-3%, depending on the market. Additional fees include any local taxes and closing costs associated with your state’s legal requirements.

What homes can I sell with Flyhomes?
+

Most single-family residences, townhomes, and investment properties that are located in our service areas: California, Oregon, Washington, Colorado, Texas, and Massachusetts.

How does Buy Before You Sell work?
+

Flyhomes Mortgage pre-underwrites you without counting your current home’s debt against you. This allows you to increase your budget upfront without having to sell your home first. We do this by giving you a short-term loan to buy your new home. Once your old home sells, we’ll refinance your short-term loan into a long-term loan and apply the proceeds from the sale of your home toward your down payment.

What if my home doesn’t sell?
+

We list your current house after you’ve moved into your new home. The goal is to sell your house for top dollar as soon as possible while maximizing your profit. In the off chance your home doesn’t sell after 180 days, you’ll have the option to let us buy it from you or keep it on the market until it sells. Read our Flyhomes Guarantee for Sellers for more information.

What are the fees associated with Buy Before You Sell?
+

You pay the usual fees associated with buying and selling a home. For buyers, these include buyer closing costs such as an origination fee, getting an appraisal, and title and escrow costs. For sellers, the fees include the broker commission, a transfer or excise tax (if applicable), and any seller closing costs.

When using a Flyhomes Cash Offer, you’ll also pay costs associated with holding the new home, which is a fixed daily rate. Depending on your scenario, it typically ranges between $100-$200/day.

How do I qualify for Buy Before You Sell?
+

After you connect with your Flyhomes Agent, we’ll collect some additional information on your home (e.g. homeowner questionnaire, recent photos, inspection). Our team will determine your home’s eligibility and complete an estimate for your home value within two business days. In the meantime, you’ll need to fill out a loan application with Flyhomes Mortgage to get you pre-underwritten.

Can I use this with Buy Before You Sell?
+

Yes. If you’re working with a Flyhomes Agent to sell a primary residence, you can use this guarantee.

Services
BrokerageMortgageTitle & Escrow
Browse homes for sale in
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice
Real estate brokerage licenses

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.

NMLS Consumer Access
Affiliated Business Arrangement Disclosure
Flyhomes © 2022