Looking For a Short, Easy Home Sale? Here’s How FlipSplit Works

Quickly submit your property info through our online form. We’ll need some kind of idea of interior condition which you can supply us in a couple different ways: photos, videos, or an in-person visit.

As soon as you submit your property information and give us the interior condition, we can have an exact offer at fair market value ready for you within 24 hours. Most of the time without even visiting the property!

Attached to your offer will be our profit participation agreement. In this agreement will be the threshold number that tells you when you begin sharing in the flip profits. So if you sell us your property for $500,000 and you have a participation threshold of $600,000, that means if we sell the property for $650,000 you will be receiving 50% of the additional $50,000 over your threshold amount, or $25,000. If you have questions about how this works, please give us a call at 800-661-7489.

Once you have your offer and you want to move forward, we’ll send a FlipSplit rep for no longer than a 30 minute inspection to make sure there are no major problems that we overlooked.

You’ll be sent the normal California registered purchase agreement via docusign. All you have to do is open it up and sign digitally and we’ll move into escrow.

Once the purchase contract is signed, we’ll move into escrow. The length of escrow is completely up to you. We can close in as quickly as 72 hours so you have your money quick or take as long as 90. Whatever is most convenient for you!

Voila! The easiest sale you’ll ever have is completed on your timeline. You’ll be given the total offer amount (minus any outstanding mortgages) agreed upon in cash on the day of closing.

Now comes the fun part. We’ll get to work on increasing your home value and reselling for as much as possible. Within 10 days of the sale date, we’ll notify you of the final sale amount. If it exceeds your profit participation threshold, we’ll be sending you a check for 50% of those profits!

Absolutely ZERO. You will receive 100% of the amount we offer you. There are no hidden fees.

FlipSplit will purchase distressed and dated properties that are rejected by iBuyers or other real estate investors for their condition. We love hammered homes that are beat up from the ground up! Additionally, we charge absolutely zero fees and we have a profit-split component that puts all others to shame. Our high volume of transactions allows us to work for a smaller profit for ourselves which means a higher sales price for you. (And finally, we don’t get paid up-front simply to facilitate a transaction. That business model rarely makes sense for a seller. We only get paid when we add value and profitability to a home.) Let us deal with the otherwise costly repairs needed to maximize your home’s value: we’ll get to work increasing your home’s curb appeal to attract potential buyers in no time. Meanwhile, you’re free to sit back and relax without worrying about agent fees, open houses, or other hassles that come with home selling.

Yes, of course! You will receive with your initial offer a projected sales price goal for the finished property. We will be fully transparent and honest with you about all projections related to renovation costs and our final exit price up front. Additionally, will be fully transparent with you about the final actual renovation costs and exit price when the property has finally re-sold. We’ll substantiate it all for you with a closing statement. Full transparency with you is our firm commitment.

For the initial sale, it is all about comparing your Sales Proceeds at the close of escrow. Don’t be fooled into thinking the highest number quoted to you up front is your best offer, while ignoring all the fees, commissions, and closing costs. The highest offer is almost always NOT your best offer when you consider all the hidden ‘fees and costs’. At the end of the day it is the size of the check or wire that you receive when the transaction is completed that matters. You want to compare apples to apples. Oh, and there is always the looming ‘profit split kicker’ that awaits you after we finish our renovations: FlipSplit is the only cash home buyer you can trust to give you a fair cash offer on your property and split the excess profits with you at the end.