Homego is a real estate company that buys houses from homeowners in 33 markets across the United States. It offers same-day offers and closes on the sale in as little as seven days, with no realtor fees, closing costs, or contingencies.
There are many reasons why you might need to sell your home quickly. Perhaps you are relocating, facing foreclosure, or in a divorce. If so, HomeGo might be the right option for you. But there are a few things to consider before you decide on this service.
Speed and Convenience
One of the most appealing aspects of HomeGo is its ability to make same-day offers on all homes. That’s much faster than the usual one to two weeks it takes to receive an offer on a traditional home sale and a 30- to 45-day closing time frame. This fast process makes it ideal for home sellers who need to move as soon as possible and are willing to accept less than full market value for their property.
But that speed and convenience also come with a downside: Cash buyers like HomeGo generally only pay 50-70% of your home’s after-repair value (ARV). If you’re concerned about this, consider getting a home valuation from a local realtor before you choose to sell your home to HomeGo. Read more https://www.propertyleads.com/start-a-real-estate-development-company/
Reputation and Reviews
Founded in 2018, HomeGo is a national home-buying company that aims to provide homeowners with a quick and hassle-free experience. They offer a three-step process that starts with a 30-minute home walkthrough with a representative, followed by a firm cash offer and closing in as little as seven days.
The company says it doesn’t use bait-and-switch tactics and will stick with their initial offer, regardless of repair costs. However, the company does have a few complaints with the Better Business Bureau (BBB).
In most of these complaints, homeowners say they were targeted by unsolicited mailers that offered to buy their home for cash. The mailers included a Google Street View photo of the home, which some customers thought was an invasion of privacy.
Customer support is another issue. While some customers say that the reps were helpful, others complained about the slow response times.
While HomeGo is a legitimate company that works with many investors, its website lacks the polished design and ease-of-use of other real estate companies. This can lead to frustration for homebuyers who are looking for a company with clear communication and a smooth, hassle-free experience. Also read https://www.propertyleads.com/how-to-start-a-house-flipping-business/
This is a red flag for a home-buying company that’s supposed to be the best in its industry. You should always read unbiased customer reviews before deciding to work with a service provider.
You should also look for a company that doesn’t charge any realtor commissions or closing costs. These costs can add up quickly and may be a large part of your total cost to sell your home.
If you’re considering selling your home to HomeGo, be sure to compare it with other companies like We Buy Houses and Opendoor. These companies can help you sell your home quickly, but they can also require a higher fee than HomeGo.