How much will you pay for my property?
Good question! Unfortunately, it's hard to be specific until we actually look at the property. What we can tell you is that the price will be based on the location and the condition of the property. We compare your property to all of the others with similar characteristics in the same area that have sold and then make you an offer. Our goal is to present you with a price that we believe is fair to you while leaving enough room for us to fix it up and make a modest profit when it's resold.

Remember, you are under no obligation whatsoever. We will not give you a high pressured sales pitch, just an offer so that you can decide if selling your property this way makes sense to you.

What's the first step?
Call our office at 314-721-1199, toll free 1-800-419-3352 or send us an email. We will schedule a 20 to 30 minute appointment to look at the property at your convenience and will make you an offer. You take as much time as you wish to consider our offer.

How quickly can you close?
Usually within 2 weeks. Before we can close, the Title Company must do a title search which involves coordination with the municipality where your property is located. If you're in an emergency situation like a foreclosure, let us know and we can get it done much more quickly. If you need more time,let us know that as well. Our goal is to make it as convenient for you as possible.

What happens if I decide to take your offer?
We'll set up a meeting at your convenience to sign the necessary paperwork. This can also be done by mail or via a fax machine. We use a Special Sales Contract developed by the St. Louis Association of Realtors. This is used specifically for the purpose of selling homes in "as is" condition and further clarifies that you, the seller, are not responsible for repairs, inspections, etc. We will then forward the paperwork to the title company and the closing will be scheduled.

What do you mean by "as is"?
"As is" means you don't have to do ANYTHING to the property prior to the sale except move out whatever you want to keep. This means no cleaning, no repairs, no inspections-absolutely nothing. By selling your home to Wren Realty, you are completely washing your hands of the complications and work normally required to sell on the retail market. It's really that easy!

What if the property is in great condition and doesn't need any work?
If that's the case, you're probably better off selling to a retail buyer who is willing to pay a higher price because they intend to live there. We can assist you with this option as well!

We have a team Realtors on staff who have 20 years of experience rehabbing and selling the properties we have purchased. If you'd like to list your property, you won't find a better team to work with. They have the expertise, connections and knowledge to assist you in listing your property and handling all of the common complications such as improvements needed before listing, building inspection repairs, termite treatment, etc. Our Realtors have access to thousands of agents and buyers through the St. Louis Association of Realtors and the computerized Multiple Listing Service. We are large enough to provide all of the benefits you'd expect from a top notch real estate company yet small enough to give you the personal service you deserve.

What do I do with everything currently inside the property?
That's depends on you. If there are things that you want to keep and you need help finding a mover, we can help. If there is furniture or other items that you'd like to sell, we can buy them along with the house or help you arrange an estate sale. We'll also take care of disposing of anything that you don't want.

Why not just fix the property up and sell it myself?
That's a good option if the house doesn't need much work or if you know how to do all of the work involved and have the time and money to do it. Most people are not in that position. They have to hire outside contractors to do the work which can be a nightmare both financially and in terms of getting the work done correctly and in a timely manner. It's only because Wren Realty uses inside contractors that we can fix up houses and make a profit!

Bottom line- it will cost you more in fix up costs, commissions, holding costs, etc. to sell at a retail price than to sell to Wren Realty at a wholesale price. You avoid all the inconvenience and unknown expenses and best of all…you get your money in weeks versus months or longer.

What if the property is in probate?
No problem. Everything will be handled exactly the same except that the title company may have some special requirements which vary depending on the specific situation. We can guide you through that.

What if I'm being foreclosed on?
Then you need to act fast! The longer you wait, the harder it will be to stop the foreclosure. If you lose your property to foreclosure, not only will you have lost your home but destroyed your credit record as well. We'll work with you to keep this from happening.

What if my property is already listed with a real estate agent?
We are also Realtors and agree listing with an agent is a great way to go. One of our policies is to always tell our customers the truth even if it's something they might not want to hear. If your property has been listed with a Realtor, it has been made available to thousands of agents with potential buyers through the Mulitple Listing Service computer system. If no one has bought it yet, it's a safe bet to say that it's overpriced. We would love to work with your Realtor and purchase your home but don't want to waste your time unless you're realistic about its value.

What happens at closing?
You get your money! The title company draws up a closing statement along with a few other documents that you and anyone else whose name is on the property are required to sign. The title company starts with the price you're being paid, subtracts anything owed on the property such as loans, the amount of property taxes charged while you owned the property and unpaid sewer bills . Since no commission is charged, they issue you a check for the entire remaining balance. That's all there is to it!