Companies That Buy Houses
Companies that buy houses often can close very fast, don’t require any home repairs or cleaning, can offer flexible moving or rent-back options, and can work within most circumstances thus saving a homeowner much of the stress involved in selling a house. The process of selling a house to a home buying company is much faster than the traditional way with a real estate agent. Most companies that buy houses for cash can meet you and work out all the details the day you contact them; however, most companies will also work on your time frame. Let’s look at researching professional house buying companies.
Follow these three tips to avoid a scam and find a legitimate, honest home-buying company to work with:
1- Check Their Online Presence
The first step to vetting a potential home-buying company is to thoroughly research their online presence. Does the company have a website with helpful information? Do they have a face book page where you might be able to read comments from other clients? Is their company information, including contact information, clear and easy to find online? You can learn a lot about a company by simply researching on the internet.
You can Google a company’s name once you have come up with a few companies from your initial research. This internet search should lead you to a lot of information. Reputable companies that have been in business for several years should have a lot of information about them online. All of this is a good foundation to narrow your search down.
2- Check their Transparency
On the company’s websites, their contact information needs to be clearly displayed. Any legitimate business will always make their contact information and their address available to their clients. Make phone calls and get to know the company — find out who you would be working with personally. See how fast the company responds, how easy they are to get ahold of and how quickly they respond to your inquiries. An honest company will work hard to earn your trust by being available and answering all your questions.
When looking at companies that buy houses web sites, check out the company pages. Do they talk about the owner and how they run the business with their employees? You should also be able to get an idea of how large the company is and determine which companies are national and which companies are local. Keeping your search to local companies can also be beneficial.
Check out a home buying company’s reviews on their web site and see if clients thought a company did what they said they were going to do. Non transparent companies tend to not have reviews.
3- Check their Third party validation
A reputable company with a track record should also have online testimonials with online review sites like Google or any number of online review sites. Read all the reviews to really come to know the company. Another step in seeking third party validation is to check with the Better Business Bureau online. The BBB is a third party trust validation site and they provide ratings on the companies affiliated with them. You can also see reviews, any customer complaints and other details regarding the company.
With these three steps in mind, you will be well on your way to working with a reputable cash home buying company.
The next big question may be how does everything work with a professional house buying company in Utah? Here are some steps that you will go through when talking with most companies:
- Submit the details of your house. This can be done in two ways. If the company is a local house buyer, you can go to their offices in person fill and submit all the forms required. The other way, and the most convenient, is submitting the sale details of your home online through their website or calling the company directly. The company will then contact you using the details that you have submitted.
- The Company Will Contact You. Once your details are received and reviewed, the company will contact you to make an appointment. This is for the company to research your property. As indicated earlier, some companies (such as GaryBuysHouses.com), can put a fair offer on the table within 10 minutes after contacting you.
- No-obligation cash offer given. After cost estimation of your property, the buyer will issue you with a no-obligation cash offer. What this means is, you can say no to the offer without incurring any cost. If an offer is an obligation offer, a certain fee is paid upfront for the offered services.
- The buyer buys your house in cash. If you say yes to the buyer’s no-obligation offer, the buyers go ahead to prepare the necessary paperwork for the transaction. This will see all documents signed including the contract. After all the paperwork is done, the company goes ahead to pay you the amount agreed in cash.
When looking at companies that buy houses, it is important to know what your priorities are in regards to the sale of the house. You may need to close fast or rent the property back for a while. Maybe there are just too many repairs. Letting the home buying people you talk with know your needs will help them give you what you need.
Reputable companies that buy houses will follow all of the steps listed here and will go out of their way to make sure you have a positive experience selling your home fast, for cash. Contact Gary Buys Houses today for a no obligation cash offer or just to ask questions.