The Process

From conversation
to wire transfer.

Most sales processes hide behind vague timelines. Ours does not. Here is exactly what happens, day by day, from the moment you reach out to the moment funds land in your account.

Average timeline 7 to 14 days Closed at title company Funds wired same day
Day by Day

A typical timeline.

Times below are based on our standard close. Faster is possible if you need it, slower is fine if that suits you. Your timeline drives the schedule, not ours.

Day 0. You reach out.
A short conversation

You submit the request form on the homepage, or call directly. We capture the property address, your timeline, and any context worth knowing. Five minutes, no signatures, no commitments.

Day 1. We underwrite.
Comps, condition, capital match

Same business day, we pull recent comparable sales in your neighborhood, run a condition assessment from photos and public records, and match the property profile to one of our institutional buyers. We may call you with a few clarifying questions. Never more than ten minutes of your time.

Day 1 to 2. Written cash offer.
A real number, in writing

Within twenty four business hours of your initial outreach, you receive a formal written cash offer. The offer states the purchase price, the closing window, the title company we will use, the institutional buyer profile, and any contingencies. There is nothing hidden in the back of the document. No fine print to "watch for."

Day 2 to 14. Your decision window.
Take your time. Read it. Ask questions.

The offer is valid for fourteen days from delivery. We do not follow up unless you ask us to. Take it to your attorney. Show it to your family. Sit with it. If you have questions, we answer them by phone, email, whatever you prefer. If you decline or stop responding, we never touch your phone again.

Day of acceptance. Title company opens escrow.
Earnest money to escrow

When you accept, we route the signed contract and earnest money deposit to a licensed title company in your state within 48 hours. The title company orders title work, prepares closing documents, and holds the buyer's funds in escrow. We do not handle any money directly. Escrow is the third party guard rail.

Day 7 to 30. Closing.
Sign once. Close once. Wire arrives.

The closing date is whatever you chose. You sign closing paperwork at the title company, in person, mobile notary, or remote online notarization. Your preference. The deed is recorded with the county. Funds are wired to your account, typically the same business day.

After closing. We disappear.
No newsletter. No upsell. Done.

Once the closing wires, our work is finished. No marketing emails. No "happy birthday" texts a year later. If you need a reference for a future sale or want to refer a friend, you have our direct line. Otherwise, the relationship concludes cleanly.

Roles & Responsibilities

Who handles what.

A clean transaction has clear lanes. Here are the lanes.

What we handle

  • Comparable sales analysis and underwriting
  • Match to an institutional buyer with committed capital
  • Drafting the purchase agreement and any required disclosures
  • Selecting a licensed title company in your state and opening escrow
  • Coordinating with your existing lender on payoff
  • All buyer side closing costs and title fees
  • Property cleanout and removal of any items left behind

What we will need from you

  • Property address and your relationship to it
  • A few minutes by phone or email for clarifying questions
  • Photos or a brief walkthrough so we can assess condition
  • Disclosure of any active liens, judgments, or pending legal matters on the property
  • Your closing date preference
  • Identification at closing (driver's license or passport)
  • Wire instructions for receiving your closing proceeds
Just as Important

What you will not have to do.

A short list, but a meaningful one. Most sellers tell us this is the part that surprised them most.

You will not show the house. No open houses, no showings, no strangers walking through your bedroom. We see the property once for our condition assessment. Our institutional buyer reviews our packet. They do not need a separate visit.

You will not repair anything. Not the broken HVAC, not the roof, not the leaky faucet, not the old carpet. Whatever needs work, our buyer's renovation budget will handle. Do not even paint.

You will not clean. Take what you want. Leave what you do not. We will haul it. This includes the contents of garages, basements, attics, and any items left by previous tenants or family members. This is not a courtesy. It is part of how we operate.

You will not pay an agent commission. No 5 to 6 percent off the top. No buyer's agent fee. No "transaction coordinator" fee.

You will not pay closing costs on your end. The institutional buyer covers buyer side closing fees, transfer tax (where applicable), and title insurance. Your only deductions at closing are items that would always come out, your existing mortgage payoff, prorated property taxes, any liens of record. Those go to the relevant party, not to us.

Process Questions

Specific to how it works.

Will I meet the buyer?
Typically no. The institutional buyer is a fund or large investor group that closes through ProjectXRL via a contract assignment. We are happy to disclose the buyer's profile (e.g., a multi family fund with a portfolio of a certain size) before you sign, but you will not be sitting across a table from them at the closing. The title company handles the closing itself, on behalf of all parties.
Why a title company instead of an attorney?
In most U.S. states, residential closings are routinely handled at title companies. In a small number of states (e.g., New York, Massachusetts, Georgia, South Carolina), an attorney is required to conduct the closing instead. We follow your state's convention either way. The title company or closing attorney performs the title search, issues title insurance, holds escrow funds, prepares closing documents, and records the deed with the appropriate county. You are welcome to have your own attorney review documents before signing, and we will wait while you do.
What is the earnest money for?
Earnest money is a deposit the buyer places into title company escrow at the time the contract is signed, demonstrating good faith. If the buyer fails to close for reasons within their control, the earnest money becomes yours. The amount is stated in the offer (typically modest, but enough to be meaningful). The title company holds it. We never touch it.
What happens if my property does not appraise?
It usually does not matter. Most institutional cash purchases do not require an appraisal contingency. That is part of what makes them faster than mortgage financed sales. If our specific buyer requires an appraisal and the property comes in below contract, we have two options: we eat the difference and close at the contract price, or we negotiate with you in writing. We do not unilaterally cut your number.
What if there are tenants or family members in the house?
We can usually accommodate. If there are tenants on a lease, the buyer typically inherits the lease and you exit cleanly at closing. If family members are still in the property, we can structure a brief leaseback so you have time to relocate after closing. We discuss this on the underwriting call so it is reflected in the offer.
Can I keep things in the house when I leave?
Yes. Take what you want. Leave the rest where it sits. The buyer's cleanout crew will handle removal post close. This includes furniture, appliances, family items you cannot bear to deal with, and anything left in storage by previous occupants. You are not running a clean out operation. We are.
What if I change my mind partway through?
Before signing the contract, no consequences. Just say so. We move on. After signing the contract, review the contract's contingency periods and termination clauses with your attorney. There is typically a brief inspection period during which you can withdraw without penalty. Once contingencies expire, breaking the contract may forfeit certain protections. That is true of any real estate contract, not unique to us.
Are there any properties you cannot buy?
Yes. We are not a fit for every property: pristine homes that would net more on the open market, properties in litigation we cannot easily resolve, and some condition profiles that fall outside our buyer network's underwriting. When that is true, we tell you on the underwriting call, and recommend the right resource (a real estate agent, an attorney, or another buyer) instead of stringing you along.

When you are ready, we are ready.

The form takes sixty seconds. We respond within one business day. The rest of the timeline is yours to set.