Are you looking to sell your home? If so, you may want to consider selling to a real estate investor.
A home buyer is looking for the right place to live. Real estate investors, on the other hand, are looking for properties that will bring them financial profit.
You shouldn’t sell your home to just anyone though. Investors are looking for quick cash deals, so they may not all be on the up and up.
To help you make sure you sell your home to a trustworthy investor, here are five things to look for when considering selling to real estate investors.
1. Local Investors
Choose a local investor. Why? Because you can meet with them face to face.
Some real estate buying opportunities aren’t legitimate. Meeting with an investor in person ensures that they are.
When you meet up, make sure you discuss every detail of the sale. Be sure you understand so you don’t walk away with less than you thought.
2. Fast Closings
Investors should offer a fast closing for your sale. This is typical in real estate investing, so if the process is drawn out there’s probably something up with your investor.
If you’re wondering how to sell your house fast, selling to a real estate investor is a great way.
3. Experience
Investors don’t have to be licensed, but you can find out about their history by choosing someone with experience. Research each investor you’re considering and see what they’ve done in the past.
Reading reviews to find out about peoples’ experiences with the investor is a good idea too.
4. A Fair Price
If you’re working with a real estate investor you’re probably looking to sell your home fast. That means you may end up selling your home for less than it’s worth, but your selling price shouldn’t be too far off.
If your investor offers you an amount that appears to be a total rip off, it probably is. Don’t sell unless the amount offered is reasonable.
5. Social Media Accounts
If your investor is serious about his business he’ll have a presence on social media. Check for pages on Facebook, Twitter, YouTube, and other social media sites to see if your investor is there and how they interact with users of the platform.
Choosing Real Estate Investors: It Doesn’t Have to Be Hard
Good, honest real estate investors purchase properties as a business. So look for one who takes his job seriously.
There are many scams when it comes to real estate, so always verify that your investor is the real deal. Once you’ve found an investor you like, you’ll have your house sold in no time.
Are you thinking of renovating your home instead of selling? Read these five tips to make it a success.