At Romine Group, we understand that selling a home can be a stressful and emotional process—especially for homeowners facing difficult circumstances such as financial distress, foreclosure, probate, or deferred maintenance. That’s why we take a clear, fair, and systematic approach to determining the price we offer for properties.
Here’s a breakdown of our evaluation process:
1. Assessing Market Value (After-Repair Value - ARV)
We start by determining what the home would be worth in top condition—also known as the After-Repair Value (ARV). We analyze:✔ Recent comparable home sales in the area (same size, age, condition, and location)✔ Current market trends (supply & demand, interest rates, and local real estate conditions)✔ Unique property characteristics (lot size, neighborhood appeal, and zoning)
2. Estimating Repair & Renovation Costs
Since many off-market properties need repairs or updates, we conduct an on-site evaluation or request photos to assess:✔ Structural issues (roof, foundation, plumbing, electrical)✔ Cosmetic updates (paint, flooring, kitchen, bathrooms)✔ Landscaping & exterior improvements✔ Compliance with local codes and permits
We create a detailed cost breakdown of what it would take to bring the home up to its full market value.
3. Factoring in Selling & Holding Costs
Unlike traditional buyers, we don’t just consider the purchase price—we account for all the costs associated with holding, renovating, and reselling the property, including:✔ Realtor fees & closing costs (if we later sell on the market)✔ Property taxes, insurance, and utilities during renovations✔ Interest and financing costs (if applicable)✔ Time required for repairs and resale
4. Considering Profit Margins & Risk
Every real estate deal involves risk—unexpected repairs, shifting market conditions, or delays in selling the property. To make our investments viable, we factor in:✔ A reasonable profit margin to compensate for risk & effort✔ Market volatility—if the market declines, we take on the financial risk✔ Unexpected issues—such as hidden damage, permitting problems, or difficult tenant situations
5. Making a Fair, No-Obligation Offer
Using our formula:
📌 Offer Price = ARV – Repair Costs – Selling Costs – Risk/Profit Margin
We present a transparent, no-obligation cash offer, allowing homeowners to decide if it works for them. Our goal is to create a win-win situation where sellers get a hassle-free sale without commissions, repairs, or delays.
Why Choose Romine Group?
✅ Fast Closings – We buy properties in as little as 7-14 days✅ No Fees or Commissions – What we offer is what you get✅ We Buy As-Is – No repairs, cleaning, or showings required✅ Experienced & Local – 15+ years of helping homeowners sell off-market
If you’re considering selling a property off-market, contact us today for a free, no-pressure evaluation of your home. We’ll give you a fair, transparent offer—so you can make the best decision for your situation.
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