Don't Be Fooled by the "We Buy Houses" Sales Pitch

The latest sales gimmick in real estate is a letter that homeowners are receiving in the mail from some real estate agents promising to buy their home in “as is” condition, for cash, with a fast close, and with no costs. While this offer sounds like it is too good to be true; it probably is!

The fine print of the offer probably has the following items/restrictions/exceptions included:

• Offers are typically below “fair market value”. These are ‘for profit’ companies – their profits, not the homeowner’s profits.
• Some offers have a “no commission” sale, but they do charge a ‘paperwork fee’ which could be more than the standard market commission.
• The original price offer may get drastically reduced after the home inspection is done to account for any problems their home may have. What a homeowner was first promised as a sales price may get slashed somewhere along the process.
• Remember that these agents who offer to “buy your home” are representing themselves in this transaction; Not You, the seller. This may create a conflict of interest and may result in the homeowner being taken advantage of.

Remember to protect yourself by talking with a licensed REALTOR® who will represent you and watch out for your best interests. These deals could help someone who needs money quickly from the sale of their home. But for the majority of homeowners, selling their home in the traditional way with a licensed REALTOR® may give them the highest sales price for their home.

For Professional and Quality service call Mary Platt TODAY! Furthermore, to get an idea of what homes are selling for in your area visit www.SilverAllianceAZHomeSearch.com. Also, stay connected by following us on Facebook www.Facebook.com/Platt.Team.AZ