How Sweet Sale Works
Similar to a corporate relocation, we'll assess the value of your property by comparison to other area sales or by recent appraisal. Sweetly will pay 75% of your home value on the moving day you choose*. Then (with your permission) we'll invest up to $25,000 in any improvements that increase the value of your home, and professionally manage an MLS® listing. Once re-sold, you'll get a second payment for the full balance of the selling price less our fee. Choose your own moving day and skip all the hassles of listing and public showings.
*Already have an offer? Sweetly will honor any recent professional appraisal.
Sold at full value, without showings, and you choose your move-out day.
Why choose a Sweet Sale?
Skip Public Showings
- Shop for your next home confidently, knowing Sweetly will buy your current home on your schedule.
- Sweetly can show and help you buy any home for sale.
- Skip public showings on the home you live in.
Choose Your Own Possession Date
- Select a moving day that works best for you.
- Changes to your moving day are no charge, and hassle free!
- We resell your home vacant, and possession date for the next buyer never affects the sale price.
Certainty
- Sweetly offers are unconditional within days.
- Buy your next home knowing your current home is 100% sold!
- Current condition accepted. Sweetly will invest (with your permission) up to $25,000 making the right improvements to ensure your home shows its best and sells for top dollar.
Save Money
- Move once. Save on storage and rent a while in between homes.
- Maximize your home equity by selling your old home at full market value.
- Sell for top dollar with your approved (up to) $25,000 in home improvements done after you've moved out.
Please tell us about the home you want to sell. We are currently buying single family homes in all major communities within Alberta valued from $200,000 to $800,000.
What Sweetly customers are saying!
Sweet Sale vs Other Options
Only Sweetly assists with the entire buying and selling process by actually buying your current home at market value, handling all the ownership costs for the home you’ll sell, and even investing our own money to make your home show its best and sell for the most!
| Benefit | Home Swap | Sweet Sale | Equity Advance | Hot Air Balloon Brand |
|---|---|---|---|---|
| Skip public showings. | ✔ | ✔ | Nope | |
| Choose your own moving day. | ✔ | ✔ | Not likely | |
| Up to $25,000 in improvements. | ✔ | ✔ | Ha! No chance | |
| Interest free equity advance*. | ✔ | Ya, right | ||
| Get 75% of market value on moveout day, balance on resale. | ✔ | No | ||
| No ownership costs once you move. | ✔ | ✔ | No way! | |
| Firm sale commitment within days. | ✔ | ✔ | Hardly ever | |
| Commission ** | 7/3 (2) | 0 | 0 | $$$$$ |
| Service Fee | 0 | 6.75% | 0 |
** Commissions are fully negotiable by law and not set by any industry association. 7% of $100,000 plus 3% of the balance of sale price ins the most common commission rate in Edmonton based on our research.
Sweet Sale Questions and Answers
What is Sweetly?
Sweetly associates offer real solutions, not sales pitches. We don't sell, we solve. Sweetly is the only brokerage to offer a solution which allows you to sell at full market value without public showings.
What's the catch?
We get this question every day — actually. There's really no catch! The Sweet Sale is NOT a buy low sell high model. Those models exist, but that's not Sweetly. With Sweetly you get ALL the equity from your home and benefit from an open market (MLS®) sale of the property. Our method of paying 75% as a first payment, then the balance once the home sells to a permanent buyer is simply the easiest and fairest way to sell a home and net all the equity from an open market sale. Simple. Easy. Certain! The difference is the convenience.
Can Sweetly help me buy my next home, before I sell my current home?
Yes, Sweetly is a full service brokerage. We'd be happy to activate a free homes search based on your buying criteria. We'll show you any home for sale and when you find the right one we'll help you make an informed offer by showing you what the home last sold for (if available) and the recent comparable sales for the area to help you make good real estate decisions. Once you have a firm purchase Sweetly will buy your current home on the date that makes the most sense for you!
How can I be sure that I'll get the balance my home's value and a second payment?
Sweetly buys your home for the purpose of reselling it. You get two payments. First, we pay 75% of the anticipated value (or appraised value) on the day you choose. Your second payment is the full balance of your equity (less our fee and any improvements you authorize) based on whatever the home sells for – even if it sells over the asking price. Your second payment is protected by a caveat registered on the title of your home which requires us to pay you and sell to anyone else.
What's the actual cost of a Sweet Sale?
Our fee is made of 2 components, which are our normal real estate commisiion; and the costs you have for owning a home. For a typical $400,000 home, our fee is 2.75% above the standard real estate selling commission which covers expenses such as property tax, utilities, mortgage payments, and lawn/snow removal.
How fast will I receive my offer?
You'll have our offer on the same day we see the property.
Do I get to choose my own closing date?
Yes, you get to choose a date that works for you which is materially different than selling your home to a traditional buyer that may need the home on a date that works for them. Because we buy your home and simply resell it, we can remove the stress and cost of owning two homes, having to move twice, or placing your items in storage for any period of time.
Is the offer I get subject to commissions?
No. You don't pay commissions when you sell to us. We make our money from the service fee we charge against the resale value of your home when we resell it. IF YOUR HOME IS LISTED WITH ANY OTHER BROKERAGE you're obligated to honor the terms of that listing agreement for the term specified. That contract likely requires you to pay a commission to the listing agent/brokerage if you sell during the listing period. We can only buy your listed home through your agent, so we recommend discussing your desire to seek our offer with your agent.
How do the improvements I made affect the value of my home?
Improvements, additions and renovations are important factors for us to consider when determining the current value of your home as compared to others for sale or sold. Please tell us about them and include as many pictures as possible.
Where are you currently buying homes?
We are currently buying homes in Edmonton, Red Deer, Calgary, and other major centers in Alberta.
What types of homes are you buying?
We’re currently interested in buying single family homes of 850 square feet or more, with 2 or more bedrooms above grade. The homes we buy must have a value between $200,000 and $800,000. Some exceptions can be made and all deals are carefully considered.
What types of homes will you absolutely NOT buy?
Homes we buy must be vacant on possession date. We cannot assume any tenancies. We can't buy any homes that require significant work such as foundation problems, etc.. We also cannot buy a mobile home or other type of property that doesn't include title to land or a city lot. At this time we are not buying any condominiums, or commercial property.
Is this a Guaranteed Sale program?
NO! A Guaranteed Sale is a gimmick some agents use to get your listing. Sweetly provides a clean offer and an actual sale - NO LISTING required. Guaranteed Sale programs require you to list the home for a period of time, then if the brokerage buys the home and resells it for more they keep the profit. That's not Sweetly.
Should I include photos of my home?
YES! We consider every home carefully and photos help us understand the condition and unique appeal of your home. Send photos!
What if my property is rented and I can't get photos?
It's no problem. We can move forward without photos but please remember that we cannot assume tenants so you'll need to ensure that the home is vacant on the possession day you choose.
Will you still make an offer even without photos?
Yes. Photos are not required but they will help us understand the value of your home. If there aren't reliable comparables available, we might need photos and will let you know.
Does your offer expire?
Yes, Our offer is good for 4 days from the time it's sent. You'll have time to consider your options and even speak to a lawyer if you want but because the market is always moving we can't keep an offer valid for very long.
How long will the selling process take?
We can move as fast as you need us to. Typically we need about 10 days to do our inspection of the home and finalize our commitment to you. We can move faster if necessary. You'll get your first payment on the possession date you choose.
What happens to my house after you buy it?
We resell it. But first we do any improvements needed (which you agree to in advance) to ensure the home shows its best and sells for top dollar. We take photos and measurements, introduce the home to the buying public, post the home on the MLS®, hold open houses, book showings, deal with agents and buyers who want to see the home or get information. We negotiate with buyers, coordinate appraisers and book inspectors - Basically, we do all the work, pay for all the holding costs and handle all the stress associated with selling a house.
Is my information secure?
Yes, we don't discuss or disclose your sale price, your reasons for selling or anything else with anyone for any reason. The only time we might share your name and contact information is with your consent - should you want our assistance with anything to do with the sale of your home.
How do you determine the price you'll pay?
Our offer is based on the expected market value. We compare your home to recent area sales to determine the value and even share that information with you to ensure it's accurate. We can also use the average of two recent bank quality appraisals to determine the expected value of your home.
How does my offer compare to actual market value?
Our offer is based on Current Market Value of your home! Sweetly does NOT buy your home to create a profit between our purchase price and the eventual sale price. Our model is built to deliver you full market value for your home.
Do you negotiate on your offer price?
Yes, If you feel like we've missed something about your home that makes it worth more than our offer price please bring that to our attention, we'd be happy to revisit our offer.
Can I change the possession date after we sign?
Yes, it does't matter to us when we close so if you need more time just let us know and we can make that change.
Will you want to see my house in person?
Yes. Once you decide to move forward with Offer Outline, one of our licensed REALTOR®s will contact you to view your home.
Who does the inspection on my home?
We use certified home inspectors.
What happens if the inspector finds problems in my home?
Don't worry. We are not a nervous buyer. Home inspections most often (actually always) yield some kind of deficiency or maintenance requirement. Once we know what those are we'll review them with you and discuss possible remedies if needed. If there's something seriously wrong with your home (like a faulty foundation) we'll likely need to pass on buying your home as we simply don't have the resources to deal with substantial issues of that sort.
When will I need to move out of my house?
You'll need to provide clean, vacant possession on the closing day of your choosing.
Can I take any appliances?
Yes, but please note that all of the appliances (Chattels) listed on the contract need to stay with the home. These will normally include the Fridge, Stove, Hood fan, Washer and Dryer, Window coverings, Garage door opener and remotes, built in speaker systems, closet organizers, etc. If any of these items are important for you to take with you, you'll need to ensure they are not included in the sale.
How does my mortgage get paid out?
Your lawyer will pay out the mortgage using the first payment funds we pay for the home — you'll get the difference and get to use that money as you wish.
What if I have more questions?
Call us! Our number is 780-477-9338.
