One agreement. Investors compete. You approve the winner.

Most "We Buy Houses" companies will submit a single bid to you. That bid is basically one buyer deciding what your home is worth to them. At House Into Cash, we believe the most honest numbers come from several buyers who compete against each other, deciding what the home is worth to them. We've built our entire process around that. Here's a breakdown from start to finish.

Step 1. You tell us about the house

You can typically knock this portion out within several minutes on your phone or computer. You share the address with us, a few facts about the house, the condition in your own words, some photos if you have them, and your situation. If you'd rather do it by phone, feel free to give us a call and we'll walk you through the process.

We check all addresses against the areas our investors buy in right away. If it's outside of our coverage zone, we'll let you know immediately.

Step 2. You set the terms

You choose three things. The lowest price you would accept, which stays confidential and which bidders never see. The closing window, anywhere from 15 to 60 days after you approve the winner. And whether an investor can request one walkthrough to estimate repairs, or whether you would rather they bid from photos alone.

Step 3. You sign one purchase agreement

This is the part that makes everything else possible. You sign a purchase agreement with House Into Cash before any investor sees your address. This agreement puts the home under contract with us, giving us the ability to assign that contract to the highest bidder. We promise every bidder that they are bidding on an actual contract that we hold, not just a hope, ultimately increasing the level of serious investors that we can bring to the table.

The purchase agreement spells out everything that's promised to you: a closing window that you choose, no sale without your signature and final approval, and the fact that nothing is owed if you decline the winning bid. Feel free to read over the agreement and ask us anything about it. We are here to guide you through the process.

Step 4. Investors bid

Your listing goes live and is shown to approved investors in your area. This includes the property address and comparable sales, but only to investors who have signed a nondisclosure agreement with us and had their proof of funds approved. These are the only investors that receive this information and the only ones that can bid.

Bidding typically runs a few days, depending on how long you've scheduled it for. Investors will then set the most they're willing to pay for the property, and the system bids for them in steps. In practice, this causes the bidding to rise in the way that it would in a room full of buyers at a typical auction. If someone bids in the final minutes, we extend the clock a bit so that no one can win by simply waiting until the last second.

Step 5. The winning bid comes back to you

Once the auction concludes, we send the winning bid over to you for review. You then have the option of accepting or declining the bid. Even if the bid falls lower than your minimum, we still give you the option to accept it. Declining it will cost you nothing and does not bind you to the outcome.

Step 6. A licensed escrow company closes

Once you sign off on and approve the winning bid, we then assign the contract to the winning bidder and forward the file to a licensed escrow company. The investor's deposit is then submitted to escrow, never to us directly. Escrow will handle things like the title paperwork, the closing window of your choice, and the distribution of your proceeds. Once it's closed, all loans against the property get paid through escrow and you are officially done.

What it costs you

We don't charge a fee to sellers to list, and there's no obligation. Our fee is paid by the winning investor on top of their bid. To keep with our policy of full transparency, this amount is shown to every investor prior to them bidding, so that it's never a surprise, and it never comes out of your final price.