Are you interested in selling your Chattanooga-area house to a cash home buyer? If so, it’s in your best interest to do some solid vetting on any buyers you’re considering before you take the plunge. You’ll want to make 100% sure you’re working with a reputable buyer before you sign on any dotted line — otherwise, you could get scammed.
But what exactly should you look for in a reputable buyer? And what should you know to choose the cash home buyer that’s best for your needs and situation? Read on to find out.
Real Estate Experience
First and foremost, you want to make sure any cash buyer you’re considering has spent some time working in the real estate industry.
Since this person (or persons) will be the one assessing and valuating your property, you should feel confident they’ll come up with a number that accurately reflects what your house is worth. They should also have experience managing the closing process and all other aspects of the transaction so the entire process moves along as smoothly and efficiently as possible.
Can you find client reviews for the homebuyers you’re considering? If not, think twice about working with them. Any reputable cash home buyer should have reviews from past clients, and they shouldn’t be afraid to share them. Look online for the company’s website, and look for reviews on Google too.
It’s also a good idea to check websites like the Better Business Bureau to see whether you can find any complaints and how they were resolved. A buyer’s past business dealings and behavior are typically a reliable reflection of how they’ll handle your transaction too.
Ability to Buy Your Home As-Is
A reputable cash home buyer won’t ask you to make repairs or renovations before they’ll purchase your house. Rather, these types of buyers should offer to purchase your home in as-is condition, whether it looks pristine or as though it’s about to be condemned.
Because cash buyers are typically real estate investors, they’re always looking to buy homes that could use some work. After the sale, they repair and renovate these houses and then put them back on the market for sale or rent to make a profit off their investment.
A Simple, Straightforward Buying Process
Any reputable buyer should be 100% transparent with you regarding their buying process. If they aren’t, walk away. If the buyer has a website (they absolutely should in this day and age), it should clearly detail each step in their process, along with what they need and expect from you. If you have questions, they should be more than willing to elaborate and should guide you through the entire process from start to finish.
Fair Pricing and No Hidden Fees
Reputable cash home buyers will valuate your house much like a realtor or appraiser would, which means they’ll offer you fair market value for your house in as-is condition. Shady buyers, on the other hand, might try to pull the wool over your eyes with a lowball offer and fail to explain how they reached that number.
If you’re getting an offer from a cash buyer and have questions about how they arrived at the number in their offer, they should have no problem detailing their process. Reputable companies pride themselves on being transparent, so don’t be afraid to ask questions if and when you have them.
Fast and Flexible Closing Dates
Last but certainly not least, reputable buyers should be willing and able to work with you on your closing date. If you need to close quickly (as in, within a matter of days), they should be able to accommodate your needs, provided your situation allows.
If you need time to move out or tie up loose ends, they should also be able to work with you on scheduling a move-out date that works for your situation. If you’re working with an honest, accommodating buyer, you may not even have to move out immediately after you close.
In many cases, as long as you let a quality buyer know what you need, they can make arrangements to suit your situation.
Sell Your House for Cash With We Buy Houses Chattanooga!
If you’re interested in getting an all-cash offer for your Chattanooga-area home, don’t hesitate to get in touch with our team at We Buy Houses Chattanooga to discuss your needs! We’ve been in the real estate industry for many years and are proud to help Tennessee homeowners like you when they need it most. Whether you’re looking to sell a new house, an old house, or something in between, we’d love to help you out!