Dr Cash Home Buyers launched their national home buyers business at the beginning of 2018. “Based on our past real estate experience we knew the industry was lacking something, and that something was the personal attention of a professional,” stated Douglas Campbell, owner of Dr Cash Home Buyers. “We are not an automated website or a ‘one size fits all’ type of organization. The people who answer our phones are real estate professionals with years of experience in their respective cities,” he continued, “and they can make quick decisions about home values and cash offers.”
The company began their launch with entry into four U.S. cities – Dallas, Las Vegas, Philadelphia, and Houston. They intend to add cities throughout 2018 with the goal of at least 10 cities by the end of the year. In 2019 they intend to add 10 more cities. Mr. Campbell would not name all of the cities on their “wish list” but he did say that Denver, Phoenix, Atlanta, and several cities in Florida are near term goals.
Dr Cash Home Buyers intends to differentiate itself with personal service from highly qualified real estate professionals. These people are key because they can quickly analyze a situation and quickly find solutions for any problems that may hinder a transaction. There are four steps in a successful sale to Dr Cash Home Buyers. First, a homeowner will call or email the company’s office in their city. Second, the real estate representative in that city will visit the home for a free, no obligation evaluation. Third, the company will make a cash offer to the homeowner. If accepted by the homeowner the fourth step would be a closing that transfers title of the property.
“People want to sell their homes to us for a variety of reasons. The most common are job transfers, an unwanted inheritance, divorce, and downsizing,” stated Mr. Campbell. “And underlying all of these reasons is the fact that they don’t want to sell their houses through a realtor. Home owners don’t want six month contracts with a realtor who may not be able to sell their house, they don’t want showings and strangers in their house, and they don’t want to come up with the money to fix the deferred maintenance.”
The company touts their “no hassle” feature by stating that they buy houses in any condition, and not having to make repairs is a very attractive feature for any homeowner that has sold a home in the past. They also pay all cash for the home which pays off all mortgages and liens on the property. And there are no commissions or fees. Yes, the house is sold at a discount to retail, but all things considered, it is an attractive proposal for a homeowner who is ready to leave his or her house.