FAQ

Home   >   FAQ

FAQ​

Home   >   FAQ​

Call Now

General

OfferBee is currently buying houses in the following service areas:

  • Winston-Salem, NC
  • Greensboro, NC
  • High Point, NC
  • Fayetteville, NC
  • Chattanooga, TN
  • Only single-family residential houses
  • Houses built after 1975
  • Houses have 3-4 bedrooms
  • Houses with an offer price between $50,000 - $300,000 (depending upon market)
  • Houses on lot sizes of no greater than one acre
  • Houses size between 1,150 sqft to 2,500 sqft
  • Single-family rental properties with or without existing tenants
  • No below ground swimming pool
  • HOA fees less than $700/year with no restrictions to renters
  • Houses outside of our service areas
  • Houses that are not single-family residential houses
  • Houses where the seller does not have clear ownership (no double escrow)
  • Houses that have significant foundation or structural issues
  • Houses with existing tenants without a valid lease or under delinquency status
  • Houses that have HOA more than $700/year
  • Houses that have rental restrictions
  • Houses that have below ground swimming pools
  • Lots size more than one acre

Yes. Even though you don’t need an agent to sell your house to OfferBee, if you’re already working with an agent or your house is currently listed, we will work with your agent directly. But you will need to pay your agent fee. Simply have your agent submit your request for an offer on your behalf or submit your house with your agent’s information and we’ll take it from there.

Improvements (or renovations) to your house are an important factor in how we determine the value of your house and our purchase offer, so it is important you tell us about them in your offer request. Photos of your improvements also help; you can upload them when making an offer request or send them via email to [email protected]; please make sure that you include your house’s address in your email.

It’s highly recommended to provide photos for actuate offers. Our offers are not computer generated or based solely upon our powerful algorithm. Our team of real estate experts evaluates every property carefully and photos help them to have a more accurate understanding of your house’s condition, features and overall value.

Yes, photos are usually optional. However, there are some cases where photos are required. Reasons we might require photos can include age of house, lack of comparable properties, or because we don’t feel that we can get a true idea of the value your home without photos. If we determine that photos are required, you’ll receive an email from our team.

OfferBee typically provides you with an offer within 24 hours after you submit your request. If you are unable to upload or send photos, we will contact you and ask for property condition information and provide you with an offer based on the information we receive.

Yes. Property values will often change based upon market activity, competition and other factors. Our offers will usually expire in three days from the date of the offer. However, OfferBee is happy to provide you with an updated offer.

With OfferBee, we can close in as few as 7-10 days* after property inspection. If you prefer more time, our team can accommodate a closing date as long as 90 days.

OfferBee provides our customers with the convenience of signing documents electronically with the leading electronic signature providers, such as DocuSign.

OfferBee does not collect or store any sensitive information. The security of your information throughout the entire process is part of our promise of a better experience with OfferBee. 

OfferBee does not sell or share your information.

Pricing

Your house is carefully evaluated by us. OfferBee has acquisition specialists using our knowledge and expertise, combined with OfferBee’s proprietary evaluation and predictive market analysis.

None. The OfferBee team will pay the closing costs that Sellers typically cover in any traditional sale. These fees may include title insurance, escrow fees, HOA transfer fees, taxes, document transfers and other customary fees. These fees differ based on market and can range from 1% to 3% of purchase price. OfferBee is saving Sellers a total of up to 8-10% of fees (including listing fees) from traditional sales.

Selling to OfferBee is a competitive alternative to costs typically associated with listing your house on the traditional market. OfferBee doesn’t charge any fees, as compared with the 6% most sellers will pay in commissions to list their home with an agent. View offerbeehome.com/why-us/ our comparison of a sale to OfferBee compared to a traditional listing.

Accepting our offer

You officially accept our offer by signing the purchase agreement. Once OfferBee, you (and any other sellers) sign the agreement, we are officially under contract.

OfferBee makes it easy to sign your documents online using the electronic signature provider, such as DocuSign.

We typically provide the options for seller to close from 7 days* to up to 90 days.

About the inspection

Yes. OfferBee will perform a free, on-site inspection of your house within 15 days of the signed agreement. The purpose of the appointment is to verify the specifications of your house, its condition, and identify repairs that will need to be addressed prior to close.

Either an OfferBee team member or licensed property inspector (or both) will perform the inspection. If specialists are needed, we will partner with licensed contractors to provide additional insight and expertise and work with you to coordinate the scheduling of all property inspections.

OfferBee will need access to your entire house during our inspection. When your inspection is scheduled, we will provide you with a guide that will help you prepare for the inspection and provide you with an overview of the most common items we evaluate during the inspection process.

OfferBee may adjust the offer based on the estimated necessary repairs from the inspection report.

OfferBee typically performs our final walk-through of the house after you’ve moved out of your house. The walk-through is to confirm that all personal property has been removed and that the home’s condition hasn’t changed since we went under contract. For closing to occur as scheduled, it is critical that the property be clear of personal belongings and trash. Additionally, the property must transfer to OfferBee in the same condition as it was when we entered into contract, including landscaping and pool maintenance. If you choose to perform repairs through a licensed contractor, then the OfferBee representative will confirm that the repairs have been made. This is a short appointment and should take no longer than 30 minutes to complete; if you can’t attend the final walk-through, that’s no problem.

About Closing

We can close as soon as 7-10 days after contract is signed.

We are happy to work with you with a closing date up to 90 days from your signed contract date. As your closing date approaches, if you need the date adjusted, please let your Closing Consultant know and we will send you an addendum to your purchase contract. If you find that you need a closing date beyond 90 days, we may be able to work with you on a case-by-case basis.

Yes, we can adjust your closing date at any point throughout the selling process. You have up to 90 days to close on the sale of your house to OfferBee and we are able to adjust this date within this period to your schedule.

OfferBee does provide the sales leaseback options on a case-by-case basis, requiring satisfaction of renter qualifications and signing a lease agreement.

The title company or attorney office handling the transaction will send the final payoff payment to your lender, the remaining funds will be wired to your bank account.

The title company or attorney’s office handling the transaction will schedule a convenient time for you to sign the closing documents. Typically, the closing takes place at the title company or attorney’s office although you may also request a mobile notary come to you. The date this happens is called the closing date or close of escrow. On your closing date, the sale is recorded on public record and the funds are distributed. The timing of this varies depending upon the state you live in and the time of day you sign your documents.

About Moving

The house must be clear of all personal belongings and trash at least 24 hours prior to closing, unless you are offered a sales leaseback option. Additionally, the property must transfer to OfferBee in the same condition as it was when we entered into contract, including exterior and interior conditions and landscaping. OfferBee will verify the condition of the house during the final walkthrough prior to closing. Leaving the house unclear of personal belongings and/or trash or in a different condition than when we went under contract may cause delay of your closing.

OfferBee is able to offer and purchase investment property by assuming your lease without moving your tenants, subject to certain conditions. The conditions may include a valid lease, clear of lawsuit, and no delinquency in rent payments, etc.

Washer and Dryer

You will need to leave any built-in appliances, keys, remotes and any other items that belong with the house. Built-in appliances include, but are not limited to: your dishwasher, built-in microwave, stove, oven, cooktops, ice machines, trash compactors, water softeners, built-in refrigerators, R/O systems, window treatments, HVAC, central vacuum and hoses, garage door openers and remotes, pool equipment, built-in BBQs, built-in fire pits, ceiling fans and light fixtures, pool fencing, pool cleaning systems, exterior landscape lighting, and built-in speakers.