Te up-and-coming distressed real estate website NeedToSellMyHouseFast.com has been listed for sale for just shy of $100 million dollars.
NeedToSellMyHouseFast.com, the up-and-coming distressed real estate solutions website has been listed for sale for just shy of $100 million dollars on popular website brokerage sites including Flippa and Latonas.—
"Offers are starting to come in , and a sale is imminent", mentioned Amir Seliger, CEO of Seliger Ideas
Even though the company is currently buying homes in only 24 states, in just under three years, the website is already generating over 2400 motivated seller leads per month. These are leads from people actively looking to sell their house fast. There are so many leads for the website in fact, the company found they are not able to stay on top of all of them.
Despite the company experiencing trouble keeping up with the number of leads coming from people looking to them to buy their homes, they are still closing an average of 3 houses per day. An amazing development for something that started as a hobby. "The website started as a side project... we treated people right and that's why it quickly turned into a multimillion dollar endeavor", said Seliger.
At the current rate, the site generates enough seller leads which in total amount to over a thousand homes per year . With proper management and those numbers could multiply manyfold. Expanding into the other 26 states would also make a significant difference in the amount of real estate purchases that could be generated through this website.
The company credits some of it's popularity to a successful TV commercial for the site that brought them many new leads and increased their brand awareness. "'Need to Sell My House Fast' is becoming the new 'We Buy Ugly Houses'" mentioned Seliger. Ongoing, an affiliate program also generates leads by offering cash for leads that result in a purchase. Wholesalers can get their real estate marketed by the team's professional investors and syndicated to sites such as Trulia.com, AssetColumn.com, Zillow.com and BiggerPockets.com
The company is so appealing to distressed homeowners due to their willingness to be contacted with any situation. Desperate homeowners who have few options left can find help with homes no real estate agent wanted to bother with. Homes with no equity are looked at as well as homes with good equity. Damaged homes are considered. Mobile homes are evaluated. Rental units with tenants who wish to stay are considered. No one is turned away from an initial consultation.
Another thing that draws homeowners to NeedToSellMyHouseFast.com is the fact that the company does not charge any fees hidden or otherwise. Their offers are straight; no closing fees and no commissions like a real estate agent would be taking. The homeowner can know exactly what they can get for the sale of their home.
The company has selected investors that are interested in many different kinds of situations. Some are willing to remodel broken homes while others are willing to handle inheritance and probate properties. They crafted these relationships with investors to try to further their company's goals of achieving mutually helpful resolutions.
The company has been very careful to only partner with sophisticated investors who also showed compassion and integrity. It was an important part of their mission to protect distressed homeowners from real estate sharks who simply smelled blood in the water.
The website works through helpful landing pages geared towards generating leads from differently motivated, distressed homeowners. The owners are then contacted to have their situation evaluated. Before an offer can be made, the homeowner provides information that will make a proper valuation possible. The team also looks at other solutions that may be available to the distressed owner.
The team then makes an offer on the property. Most of the time they make cash offers, but they also have some financing options available. After the negotiation, the sale of the home goes into closing and is completed. To reach the point of an offer can take less than a couple of days.
Currently, one of the services the site provides focuses on trying to stop foreclosure when it is still possible. The team works to negotiate with banks and foreclosure attorneys to get the distressed homeowner out of the hot seat.
During the transition, investors may wonder what things will look like for them keeping up-to-date. The webmaster, David Saba said, "we focus in providing value through the weekly blog and newsletter".
NeedToSellMyHouseFast.com is helping people move forward by assisting them through the processes of selling their homes quickly and fairly. Their team focuses on the seller's needs and not the profit that can be taken from a homeowner who is in distress.
Name: Amir Selier
Organization: Seliger Ideas, LLC
Address: 17800 West Dixie Highway
For more information, please visit http://www.needtosellmyhousefast.com
Release ID: 75956