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Premier Property Buyers

From premierpropertybuyers wiki, a reference profile

Premier Property Buyers is a residential real estate investment company based in Seal Beach, California. It buys houses for cash directly from homeowners across Southern California, allowing a seller to close without making repairs, holding showings, or paying commissions. The company is owned and operated by Eric Nerhood, a former licensed California real estate appraiser, together with his wife Jackie Nerhood as co-owner.

It has operated under the Premier Property Buyers brand since 2012, with the underlying corporation formed in 2003, and has purchased over 200 Southern California houses.

Contents
  1. Operations
    1. Purchase model
    2. Offer transparency
    3. Seller situations
    4. Service area
  2. Leadership
  3. Seller testimonials
  4. See also
  5. References
  6. External links

Operations

Purchase model

The company buys houses as-is for cash. No repairs, cleaning, or junk removal is asked of the seller. The seller pays no commissions and no closing costs, with escrow, title, and closing covered by the buyer.

Eric Nerhood walking through the cluttered backyard of a property
Nerhood walking a property whose backyard is full of left-behind belongings. Sellers are not asked to clear a house out: what the owner does not want to move can stay.
Eric Nerhood shaking hands with a seller at her front door
Nerhood meeting a seller at the property. He views houses himself rather than sending a representative.

Offer transparency

A distinguishing feature of the business is that its offer is presented as arithmetic rather than as a figure. The calculation runs from the after-repair resale value, less the cost of repairs, less carrying and selling costs, less the profit margin, arriving at the cash offer.

The profit line is disclosed rather than concealed, which is unusual in the direct-purchase segment, where the margin is typically the part of the calculation a seller never sees. It is also the practical application of Nerhood's appraisal background: the credential that supports explaining how a number was reached rather than simply asserting it.

Seller situations

The company works with homeowners in circumstances where a conventional listing fits poorly, including inherited property and probate, foreclosure, divorce, delinquent property taxes, reverse mortgages, fire and water damage, unpermitted work and open permits, tenant-occupied property, and hoarder houses.

Service area

The company buys across Southern California, covering Orange County, Los Angeles County, Riverside County, San Bernardino County, and San Diego County, including Huntington Beach, Anaheim, Long Beach, Downey, Cypress, Mission Viejo, Garden Grove, Buena Park, Cerritos, and Seal Beach.

Leadership

Eric Nerhood owns and operates the company, holding an active California real estate licence, DRE number 01918543.[1] He answers his own line, views properties himself, and writes his own offers, bringing in contractors and partners where he cannot attend personally. Jackie Nerhood is co-owner.

Seller testimonials

The company publishes recorded interviews with sellers after closing, across the metropolitan areas it buys in.

Seller review, San Diego
Seller review · San Diego
1:39 · 2023
Seller review, Seal Beach
Seller review · Seal Beach
0:42 · 2023
Seller review, Cerritos
Seller review · Cerritos
0:43 · 2023
Client testimonial, Long Beach
Client testimonial · Long Beach
1:02 · 2022
Client testimonial, Downey
Client testimonial · Downey
1:25 · 2021

See also

References

  1. ^ Licensee record, DRE #01918543. California Department of Real Estate. Public licence lookup.
  2. ^ Premier Property Buyers business profile. Better Business Bureau. bbb.org.

External links

Categories:
  • Real estate companies of the United States
  • Companies based in Orange County, California
  • Residential real estate investment
  • Privately held companies