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When I searched for someone to “Buy My House Fast”, here are some of the paid ads that I found:

We Buy All Houses - Sell My House Fast - Three Minutes Is All It Takes – We Buy Your Home

BEWARE! The real estate market and economic conditions in general have created an army of predatory "Buy My House” Scams and Scammers.

If you have to sell your home quickly and you make the choice to call one of these services, avoid the Buy My House Scams by asking the following 7 questions…

1. Are you a member of the Better Business Bureau?

  • "Yes." Better Business Bureau members must pass a rigorous background check.

2. Have you been buying and selling houses for more than 8 years?

  • "Yes." If they have not been in this business for more than 8 years, the likelihood that they are a buy my house scam goes up significantly.

3. Do you have a company Mission/Vision Statement and what is it?

  • "Yes."  Real businesses have a Mission/Vision Statement.

4. May I see a list of testimonials and/or phone numbers from happy past clients (sellers)?

  • "Yes. Here it is." Clients that have nothing to say, say nothing because they have nothing good to say. Buy My House Scams may have a sheet of fake testimonies so ask for phone numbers that you can call.

5. Do you have enough money to buy my house today? And may I see your Proof of Funds letter?

  • "Yes. Here it is." The Buy My House Scammer frequently does not have their own funds to close the sale.

6. Is yours a national company?

  • "Yes." See Question 6b...

6b. If I let you buy my house, can I call "up the ladder" or call your boss if I need to?

  • "Yes." Buy My House Scams are frequently Lone Ranger Operations. Doing business with any Lone Ranger is risky because they are accountable to no one, which means that there is no penalty when they cause you loss or financial harm.

7. Why do you want to buy my house?

  • This is the only question that requires you to listen closely and use your best judgment.

Just one NO answer to any of these questions as a RED FLAG and a sign of a “Buy My House Scam”.
Turn and run with the second NO answer.

Call someone else.

 

 


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Kirk Rau

Kent, WA

More about me…

I Keep Great Company!

Address: Puyallup, WA, 98375

Cell Phone: (253) 376-5475

Email Me

Practical advice for making smart real estate related decisions.


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