Home investment companies have grown over the years and most people are now preferring to use them when selling their houses. As a seller there are many benefits you get from using a real estate investor company such as quick sale for your house and also them buying your house on cash. In addition, you can sell your house in its current condition, you don’t have to start looking around for a technician to come and do repairs, also, there is no agency fee or commission as it would be the case with the real estate agent.
When walking around you can easily find bill boards and posters written “we buy house.” Considering there are a number of cases which have been reported about such companies been a scam, it is important to ensure that you are dealing with a company which is reputable The factors below can guide you when choosing a real estate investor.
One of the requirement of a home investor company is accreditation by the better business bureau. Companies under this bureau are usually vetted from how they carry out their business activities. This bureau usually rates the companies from time to time based on customer companies and the quality of services they provide. If a company is not reliable they will not receive accreditation from the business bureau.
Secondly, it is important to select a company that is locally owned. There are many benefits of choosing a locally owned company, including you can easily schedule a meeting with them for a face to face discussion. The local real estate investor company is also familiar the real estate market in your state.
Another important factor is to check the reviews done on the company. Check if there are any reviews and testimonies done by a company’s past clients. If you get many complains about a company that is a red flag and you should consider looking for another alternative.
Fourth, check the company’s referencing. To know if the references are real make a telephone call to some of them, ask them to rate the company on a scale of 1 to 10, ask them if they would recommend the company to other sellers and other questions you may have. Based on the answers you get, you can a decision on whether to deal with the company or not.
Finally, ensure there is a contract to show you have sold the house to the investor and for what amount. read the contract and understand before signing.