How to Detect Good Real Estate Investors vs. Potential Scammers

There are many people out there today who are just hoping to make a quick buck in the current economy and real estate market, and show complete disregard for home sellers. When looking for a potential buyer to sell your house in Austin, TX; you need to be careful and investigate all options. Although the highest bidder out there might seem appealing, it may not be the most reliable or offer you as many seller benefits as one would think.

If you would like to avoid any potential problems caused by any unreliable, untrustworthy, or irresponsible buyers, there are some things and signs you should look for and be aware of:

1. Is the Austin, TX company or buyer a member of any professional real estate investor organizations? Often times being a part of associations and investment groups holds an investor to higher standards.  It is a good idea to look into any community ties the company might have. These ties can make them more, or less, reputable and reliable.

2. How is the buyer going to finance the purchase? An established and reliable buyer will have the available line of credit or cash to buy your house if they are making an offer. Simply ask them for proof. If a company is serious about purchasing your home, they will be happy to prove their capacity to do so.

3. Has the buyer told you where their Austin, TX offices are located and how to get in touch with them? Some companies boast their direct and honest communication, but it is up to you to make sure there is truth to the statement. Meet with the buyer and make sure that staying in touch with you is one of their top responsibilities.

4. Does the offer seem too good to be true? If you have been trying to sell your home for an extended period of time, you have probably had multiple buyers offer you contracts that seem too perfect to fall into place. You have to remember that most retail buyers, unlike investors, are emotionally invested into the house they are searching for. Often, they will get cold feet, or request thousands of dollars in repairs to be completed.

5. Ask for references. Good real estate investors in Austin, TX will have testimonials that other sellers have given describing their previous experience.

If you would like to receive a no obligation, hassle-free cash offer on your property, please give us a call at 512-785-5404 or email us at Michael@solution-strategiesllc.com