Let’s face it, when selling a house, whether it be wholesale or retail, the faster you sell, the better. This is especially true when it comes to houses that need to be sold as is, houses that are on the verge of foreclosure, or simply houses that the seller needs to get rid of quickly for whatever reason.
However, being too eager to sell a house also has its share of downsides as it may mean running into one mistake after another – mistakes that could have been prevented or avoided altogether had you spent a little time doing your due diligence.
An example of this is working with a cash buyer or a house buying company that’s more interested in closing the deal fast than in dotting all the I’s and crossing all the T’s. There are companies who prefer doing shortcuts, thus causing costly legal problems in the long run.
This is why it is important to find a company which has a strong sense of business ethics and values. One whose willing to compromise here and there inasmuch as bottomline profits is concerned just to make sure everything is in order and that you, the seller, would have a smile of satisfaction at the end of the transaction.
When selling your house, it is okay to ask plenty of questions. After all, selling a house is a huge decision. If you’re working with a company that discourages you from asking questions and is overly eager to move to closing even if you still have a bunch of things you don’t understand about the deal, you need to bolt right away and find another cash buyer.
Another mistake a seller can make resulting from moving too fast to sell the house is paying for services that can otherwise be obtained free of charge. An example of this is paying for someone to do repair estimates when in fact there are plenty of free repair and rehab estimator tools available online. Comps or comparative market analysis is also another example of information you can obtain free, unless you really need actual comps from the MLS (in which case, you need the help of someone who has access to the MLS). Otherwise, comps obtained from Zillow or Trulia will generally suffice.
Perhaps the biggest mistake you can make when trying to sell your house too fast is choosing a house buying company with a less than stellar reputation because you’re in too much of a hurry to do your research.
Talk to people and ask around if the company you’re planning to work with is really who they say they are. Title companies, real estate investing associations, landlords, local courthouses are just a few places you can do some digging in to find out more about the company you’re planning to work with.
Here at Houston Capital Home Buyers, our experienced staff are all trained and committed too ensure you have an excellent experience selling your house. We’ll tell you to slow down if we feel you’re getting too impulsive so we can make sure you won’t run into decisions you might regret in the future. Let’s talk about the possibilities of working together to get your house sold. Call us at 713-581-9075 today.
All the best,
Houston Capital Home Buyers
“We Don’t Buy Every House, But We Help Every Client”