You are in the market to sell your house and are comparing home buyers. How do you know if this buyer is a great home buyer or a bad one?
Quick Cash
Great home buyers will offer you a quick closing; sometimes as fast as 2 business days. They will offer to pay for your property in 100% cash, but may also use other payment types to suit the situation.
Bad home buyers are difficult to get in touch with, they may offer you a quick closing but constantly delay or do not return your phone calls or emails.
Great home buyers will also not typically renegotiate unless extraneous situations arise or hidden facts are uncovered.
Bad home buyers may try to readjust the price, maybe even multiple times.
Great Reviews
A great home buyer will have a lot of reviews, mostly positive. We all know that things happen, and sometimes people make mistakes, so there may be some negative reviews. This shouldn’t sway your decision too much at first, but make sure to read if the home buyer has responded to the reviews.
Their Personality
Great home buyers have a positive attitude about real estate and they follow through. If you ask them to call you back at a certain time, they will do so consistently.
Bad home buyers will set appointments with you, and never call you back or never show up.
References
References are an important part of business.
A great home buyer will have multiple references you can call to see how they do business, and they shouldn’t hesitate to answer any of your questions. If they do, then this may be a sign they are a bad home buyer.
Look at their website, does it list reviews? Do they have a presence on social media or other rating websites? Do they have public reviews to read?
Closing
A great home buyer will commit to a relatively quick closing date, anywhere from 2 to 30 days and will provide a deposit. They will not try to rush you out of the home and stay in contact with the title company.
A bad home buyer may try to extend the closing date multiple times, or ignore the closing date altogether and may have never submitted their deposit according to the contract.