Frequently Asked Questions
What can we help you with?
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We’re a new type of real estate company that removes the stress and uncertainty of buying and selling a home. You can work with Perch to buy your dream home without contingencies and sell your current home for market price. Perch also works with customers that are only looking to sell, allowing them to sell without showings, repairs, or hassle.
Perch offers two services: Buy & Sell and Sell Only. Our Buy & Sell service is perfect for homeowners looking to both sell their home and purchase a new one within the same metro area. Our Sell Only service is best for those moving to a new city or who are planning to rent their next home.
We currently serve customers in San Antonio, Dallas-Fort Worth, and Austin, Texas.
No, unlike home flippers who buy distressed homes at a deep discount, Perch only buys homes in good condition and pays fair prices based on its valuation of the home.
Perch Realty is a licensed broker entity (Noho Broker Services, LLC) that is an affiliate of Perch. A licensed real estate agent from Perch Realty represents Perch in the purchase of your home and works with Perch to coordinate a smooth closing on your schedule. If you choose to participate in our Buy & Sell service, a separate Perch Realty Local Market Expert will represent you in the sale of your home and the purchase of your new home.
Perch Title of Texas is a full-service title insurance agency. They work with home sellers and buyers throughout Texas on their closing process, including the transfer of title from a home seller to a home buyer. To contact Perch Title of Texas, call (469) 250-5198 or email firstname.lastname@example.org. Perch Title of Texas is an affiliate of Perch. For more information about Perch Title, visit their website.
Buy & Sell
How it works
Perch enables homeowners to buy their new home before they sell their current home, and to get market price on their home sale. Perch gives you a guaranteed sale price on your current home so you can shop for homes knowing exactly how much you can afford. When you find a home you love, use your guaranteed sale price to pay down your mortgage and roll the equity into your new home purchase. After your offer to buy is accepted, Perch Realty lists your home, and when it sells, you get the net proceeds above your guaranteed sale proceeds.
Unlike a traditional home buying process, Perch lets you skip the stress of trying to line up your old home sale and new home purchase. When you work with Perch, you get a guaranteed offer for your current home that you can use to pay off your mortgage and buy your new home (any home on the market). Never make a contingent offer or lose out on your dream home because you haven’t sold your current home.
Buy before you sell - Shop for new homes knowing exactly what you can afford and make a strong offer that is not contingent on finding a buyer for your old home.
Guaranteed sale price - Perch gives you a guaranteed offer for your home before you sell that you can use to pay down your mortgage and buy your next home.
No double mortgages or double moves - Don’t stress about lining up the timing of your home sale and new home purchase. With Perch, you move when you’re ready and eliminate the need for short-term rental or storage costs.
Perch Buy & Sell is designed for homeowners looking to sell their current home and buy a new home in the same area. To be eligible for the Buy & Sell service, the home you’re selling must be a single family home built between 1978 - 2014 where Perch’s valuation of the home is between $125,000 and $400,000. Our affiliated real estate broker, Perch Realty, can help you look for any home within the San Antonio, Dallas-Fort Worth, or Austin area.
Based on the information you provide about your home’s condition and unique characteristics, as well as recent sales in your area, we’ll provide you with a range of what we think your home will sell for once we list it on the market. After your complimentary home inspection, we’ll refine this range and give you a guaranteed sale price.
The Perch guaranteed sale price lets you buy your next home before you sell without making a contingent offer. Perch gives you a guaranteed sale price to put toward your new home purchase. Once your home sells, you receive any additional proceeds above your guaranteed sale proceeds. If your home doesn’t sell to another buyer in 90 days, you keep your guaranteed sale proceeds — there’s no downside risk.
After your offer to buy is accepted, Perch lists your current home. When it’s time to close on your new home, Perch will buy your current home at the guaranteed sale price so you can unlock the equity for your home purchase. Your home will be listed for sale for 90 days, during which you control the listing price. When your home sells, you receive the additional proceeds above your guaranteed sale price.
A licensed home inspector will perform your home inspection.
The home inspection allows us to take a closer look to give you an accurate guaranteed sale price for your home. You’ll also receive your inspection results so you can become an informed seller and have the opportunity to address any items from the inspection report before you list your home. Knowing what prospective buyers might focus on can help you save valuable time during the closing process.
Local Market Experts
Perch Realty’s Local Market Experts are experienced, licensed real estate agents who will help you navigate the process of selling and buying a home. You’ll be matched with a Local Market Expert who knows your area and will show you homes on your schedule. Want to chat with one of our local experts? Feel free to give us a call at (210) 463-5635.
After you receive your Perch home sale estimate, the next step is a meet & greet with your Local Market Expert. He or she will go over the process of selling and buying with Perch and answer your questions. They’ll also take a closer look around your home and share any tips or suggestions to help you get your home ready to list. In this first meeting, your Local Market Expert will also discuss your criteria for a new home as well as the financing process so you are prepared to start looking for new homes.
Like a traditional agent, your Local Market Expert is committed to listing and marketing your home to find you a buyer and get you market price. But unlike a traditional agent, Perch guarantees your home will sell in 90 days. Because Perch gives buyers a guaranteed offer for their current home, they can buy before they sell without contingencies. Your Local Market Expert is aligned with you to sell your home for the highest amount possible (the more your home sells for, the higher their commission).
Buying with Perch
Perch Realty lets you shop for new homes knowing you have a guaranteed offer from Perch to buy your current home. Use your guaranteed sale price to pay down your mortgage and make a strong bid on your next home that is not contingent on finding a buyer for your current home. Perch Realty’s Local Market Experts will work with you on your schedule to find a home that meets your needs. They can show you any home on the market and you’ll also receive exclusive early access to homes in Perch’s inventory before they are listed.
Perch Realty’s Local Market Experts give you access to any home currently on the market, as well as Perch Certified Pre-Owned homes that have not yet been listed.
No, you are under no obligation to buy a home owned by Perch. Your Perch Realty Local Market Expert will show you all potential homes in your city that fit your desired criteria. If you purchase a home owned by Perch, Perch Realty will ensure that separate agents represent both sides of the transaction.
Just before you close, Perch will buy your current home at the guaranteed sale price, which allows you to pay down your existing mortgage and roll the equity you’ve built into your new home. The closing of your new home will go through a standard process with the seller, which takes around 30-45 days, on average.
We feel confident your Local Market Expert will help you find a home you love, but if for any reason you do not find your next home with Perch Realty or if your circumstances change, you’ll have the option to cancel the sale of your home to Perch. If you decide to rent instead or buy a home outside of your metro area and still need to sell your home, you can switch to our Sell Only service and sell your home to Perch.
Listing with Perch
Knowledgeable local experts- Work closely with a Perch Realty Local Market Expert, a licensed agent from your area who understands the unique characteristics of your neighborhood.
Pre-listing inspection report - Receive a free pre-listing inspection report (a $500 value) to become an informed seller. Understanding the details of your home condition can help you proactively address any issues and save you valuable time in the closing process, since buyers may ask for concessions or even walk away from a home if there are issues uncovered in an inspection report.
Real estate marketing expertise - The Perch Realty team aggressively markets your home both online and offline to help you find a buyer within your 90-day listing period.
After your offer to buy your new home is accepted, you pay the mortgage on your current home up until you close on your new home. Just before you close on your new home, Perch will buy your old home at the guaranteed sale price. Your old mortgage will be paid off at that point and you’ll avoid any double mortgage payments while you wait for your home to sell.
There are no hidden fees during your home sale process. You just pay your taxes, utilities, and any HOA fees while your home is listed (these are costs you would pay in a traditional home sale as well while waiting for your home to sell). Perch will open up an escrow account to hold this amount for payment, and if a balance remains when your home sells, we’ll refund you the difference at closing.
While your home is listed, you will still retain control over the listing price for the first 90 days of the listing period. Your Local Market Expert will provide recommendations on pricing strategy to help you get market price, but you maintain the control of the price for the 90-day listing period.
If after a 90 day listing period, your home has not sold, you will no longer control the listing price or have any economic interest in the home. Perch owns the home and will continue to try to sell it. If your home sells for less than the guaranteed sale price, Perch takes the loss; there’s no downside risk to you.
If your home sells for less than the guaranteed sale price, you still keep the entirety of your guaranteed sale proceeds. Perch will take any loss on the sale of your home if it sells for less than the guaranteed sale price after 90 days of listing.
Perch buys your house at the guaranteed sale price just before you close on the new home you are buying. A closing manager from the title company will walk you through the closing on your home to Perch. Once your home is listed and you accept an offer from a new buyer, Perch will close on the sale to the new buyer, and you will receive any additional proceeds above your guaranteed sale proceeds at closing.
When Perch buys your home at the guaranteed sale price, you will pay closing costs similar to a traditional sale. On average, closing costs are around 0.8% of the sale price of your home. Your closing manager from the title company can give you more specifics once you begin the closing process. If your home sells to a new buyer within the 90-day listing period, Perch will cover those closing costs.
How it Works
To sell to Perch, simply request a free offer by providing a few details about your home. Our affiliated broker, Perch Realty, will send you an offer the next business day. There's no need to prep your home for showings, make repairs, or worry about whether your offer will close. Once you're ready to move forward, you'll sign the purchase agreement and we'll promptly schedule a home inspection and walkthrough. From there, you close on your timeline: any weekday over the next 14 to 60 days.
We simplify selling your home by removing all the hassle and uncertainty that come with a traditional home sale. With Perch, you skip the months of home showings, repairs, and contingent offers. Perch gives you a cash offer for your home in 24 hours. We purchase your home as-is; no need to make any repairs. You get to choose your closing date so you can move on your timeline.
Just fill out our short form and provide a few details about your home. You’ll receive a free, no-obligation offer the next business day.
Perch buys single family homes in the San Antonio, Dallas-Fort Worth, and Austin areas that were built between 1978 - 2014 and where its valuation of the home is between $125,000 and $400,000.
Our affiliated real estate broker, Perch Realty, charges a 6.9-8.5% fee, which you will pay at the closing of the sale of your home. This is very comparable to a traditional home sale where you pay:
6% in broker commissions plus
1% - 1.5% in concessions at closing (often this is a home buyer requesting you to cover their closing costs)
1% - 1.5% in overlapping housing costs - where you end up owning two properties at once due to the challenges of lining up your closing dates
Thousands in mortgage and taxes during the 4+ months, on average, it will take from listing to closing.
To learn more about how our pricing compares to a traditional sale, check out our pricing.
In our Buy & Sell service, Perch Realty receives a commission for the house they help you buy. This allows Perch Realty to reduce the fee that you pay on the sale of your current home. The fee to Sell Only is slightly higher because it includes holding costs incurred while we prepare your home for resale.
Your offer is valid for 7 days. If you need more time, you can request an offer extension or request a new offer at a later date.
Home estimates found on sites like Zillow are determined by their computer generated algorithms. Perch’s offer is based on the most up to date market data in your city, complemented by local market knowledge of our team members, and factors in the condition of your home along with its unique characteristics. Perch’s offer is a real, cash offer to purchase your home, saving you the uncertainty and inconvenience of a traditional home sale.
Perch’s offer to purchase your home is based on local comparable home sales and market conditions, not your local tax appraisal. Home sales in your area can sell for more than or less than their tax appraisals and are not a direct indicator of what a home will sell for.
Perch Realty will be in touch with you the next business day to let you know if Perch can make an offer on your home and, if so, in what amount.
Using our proprietary software, we analyze the information you provided about your home, comparable home sales in your area, and market trends to put together an offer for your home.
Our offer takes into account the improvements you’ve made to the home. Be sure to note those upgrades and improvements when you request an offer.
Our goal is to make selling simple and streamlined by giving you a fair, competitive offer without the uncertainty of negotiations. However, if you believe we missed an important detail about your home, let us know by emailing us at email@example.com. Our team will review the new information to see a revised offer is warranted.
You can reply to your offer email or send an email to firstname.lastname@example.org to indicate that you’d like to move forward.
Perch Realty will confirm your closing date and email you a purchase agreement for your review and signature. They then will schedule the home inspection and walkthrough within days of the signed purchase agreement. Once the inspection and walkthrough are complete, you’re getting ready to close on the day you chose.
Once you accept the offer, we will do a walkthrough and home inspection. Our walkthrough is done by a Perch team member who is reviewing that the home’s condition is consistent with what we expected based on the information you had provided on the website. The inspection is the same as an inspection you’d have done in a traditional sale, reviewing everything from the homes utilities to foundation.
The initial offer amount you receive from Perch does not factor in repairs we may need to make. During your home inspection, we’ll assess your home’s condition and see what repairs are required. Based on the cost for us to perform these repairs, we’ll adjust our offer and do the work after you move.
Perch employs a team of licensed home inspectors who perform your inspection.
We assume that your home will need minor repairs but if during the home walkthrough and inspection we find that more extensive repairs are necessary, you have a few options. Perch can quote the repairs, make them while the home is vacant, and deduct the cost from your offer or you can choose to do the repairs yourself. If you do not want to move forward with repairs, you can choose not to move forward with the sale without any cost or penalty.
We’ll do all the heavy lifting and prepare the home for resale. Perch will make light repairs and renovations to get the home move-in ready, from changing flooring to upgrading countertops. We’ll then photograph it and list the home for sale to find a great owner for it.
With Perch, you choose your closing date that works for you. Choose any weekday in the next 14 to 60 days to close. If you’re in a rush or need more time, we’re happy to talk through your options, just reach out to us at email@example.com.
A title and escrow agent will reach out to you after you sign the purchase agreement. They’ll schedule a time to sign the closing documents online through an electronic losing process or in-person with a notary at the location of your choice. After you sign, the escrow agent will coordinate the distribution of funds.
Similar to a traditional home sale process, the seller is responsible for cover their closing costs. This includes title insurance policy, attorney and escrow fees, and any HOA transfer fees. The title company will be able to walk you through these costs in detail if you have any questions.
When you sign the purchase agreement to sell to Perch, an escrow account is opened. The escrow agent will send the payoff amount of your mortgage to your lender on your closing date and any remaining funds will get wired to your bank account.
Yes, after you sign the purchase agreement and before we close, you will need to provide a copy of your survey. You likely received a survey when you purchased your home. If you are unable to find your survey, the title company will be able to help you order a new one. This typically costs around $400 - $500.
Certified Pre-Owned Homes
Perch Certified Pre-Owned homes are homes we have purchased and listed for sale. In order for a Perch home to be a Certified Pre-Owned home, the home must pass our 150-point quality inspection. We renovate our homes to make them move-in ready and because they are vacant, they are easy to tour. To see a list of Perch homes for sale, check out: perch.com/listings.
Perch homes are Certified Pre-Owned and must pass our 150-point quality inspection. We renovate our homes to make them move-in ready. Because the homes are vacant, they are easy to tour. To see a list of Perch homes for sale, check out: perch.com/listings.
At any point in time, Perch owns dozens of move-in ready homes in your city that we have purchased from other customers. Your Perch Realty Local Market Expert can show you any Perch Certified Pre-Owned home before it is listed, giving you early access to homes in your area.
Buying from Perch
Yes, anyone can purchase a home from Perch, regardless of whether you sell with Perch. To view a Perch home, click on the “Request a showing” button on any property on our listing page. If you’re already working with a buyer’s agent, you can also let them know the address of the home you’re interested in seeing and they will coordinate a tour for you. Our homes are all vacant which makes scheduling a tour on your schedule a breeze. There are no additional fees to purchase a Perch home compared to other homes.
You have the option to request a home showing for all of our homes. Go to any property’s listing page on our website and click “Request a showing.” If you’re already working with a buyer’s agent, you can also let them know the address of the home you’re interested in seeing and they will coordinate a tour for you. Our homes are all vacant which makes scheduling a tour on your schedule a breeze.
There are no additional fees to purchase a Perch home compared to other homes. If you’re interested in one of our homes, you can make an offer on the home by contacting us at firstname.lastname@example.org or filling out the Request a Showing form on the property’s page on our website.
Our homes are vacant and move-in ready which means we will aim to close on your timeline.
Yes, absolutely. Your agent can work with our team to coordinate a showing for you and we will be happy to work with them.