Lurking, er I mean...Looking for a quick sale.
Beware of online investment companies looking to engage unsuspecting home owner's with SELL QUICK - SELL NOW schemes! They encourage forgoing a few necessary steps for financial gain and make claim to:
✅ No Commissions
✅ No Closing Costs
✅ Fast cash offers
✅ Online Support
✅ Quick Close
One representative said, “Top dollar is not always a top concern, we offer fair market value based on condition. Sometimes we can even pay more than the seller would get through listing on the MLS."
They send in their own home inspector. The repair list often adds up to a ridiculous amount of items, quickly bringing the property price down to the investor's level, accomplishing the set goal.
An appraisal can set true market value and is highly recommended. They prefer skipping that step, claiming that, "Home owners don’t have the time to get appraisals or time to sell on the traditional market."
Home owners:
Contact a local, experienced real estate agent who will go to work for you. One that knows the area well, has a solid reputation, implements steps designed to protect your investment, effectively advertises properties to get them sold for market value.
Licensed real estate agents are held to a higher standard, everyone involved in the buying or selling of properties should be as well. For me, it is impossible to see eye-to-eye with some investment company models with such lowly standards!
Photo by: Grok
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