Are you considering working with a real estate investor to sell your house? Real estate transactions involve a great deal of money. As with everything else in life, where there is money to be made there are those who use less than above the board methods to take your hard earned money from you. Unfortunately, these folks have little to no thought for the personal and financial devastation they leave behind. It can be somewhat disconcerting to know for sure whether or not the professional you’ve selected to work with is honest or not.
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Fear not; there are some vital elements to look for when dealing with an experienced professional investor that can give you the peace of mind to know you’ve made the right choice. Read on to learn the five signs that you are working with an honest real estate investor and not a shady one.
Full Disclosure
Whether you are selling real estate or selling home one sign that you are working with an honest real estate investor is that they want you to make an educated decision about what they think will work best for you. They do this by providing transparency with the details of what you’d earn by listing your home on the market or making verse’s a direct sale. Included in this comparison, you will find all of the numbers for the costs of both sales methods. Listing your home for sale necessitates marketing and the prep work to make your property shine in the listing photos. Professional photos is a must because using anything less than the highest quality images will get you less than stellar results online. If you decide to work with a real estate agent be sure to add commissions and brokers fees to these costs. However, should you select to work with a professional real estate investor you won’t be prepping, making repairs, or paying any commissions or fees.
No Pressure
The next indicator that you are working with an honest real estate investor is that once you’ve been provided with all of the necessary information to make an educated decision, they put no pressure or rush you to sign on the dotted line. Reputable real estate investors would instead work with sellers who are happy about the deal they’ve made so they will move on to another property to invest in without any hesitation.
No Expenses
You’ll learn that you are working with an honest real estate investor because they’ll never expect you to pay any expenses out of pocket before closing, not even for repairs because investor buys properties in as-is condition. Instead, you can count on keeping all of your money in your pocket and the offer being precisely the amount of cash you’ll walk away with after closing.
Closing Date Flexibility
Another sign that you are working with an honest real estate investor is their ability to be flexible with their closing date, setting it at for your convenience. For you, this means you won’t have to make living arrangements for any period that overlaps between closing on your property and moving. By working with a professional investor you can rest assured that you are working with a local, reliable, and honest real estate investor.