5 Ways To Tell A Great Home Buyer From A Bad One In Raleigh

You are in the market to sell your house and are comparing home buyers in Raleigh, NC. How do you know if this buyer is a great home buyer or a bad one? With the wonders of today’s internet, you are able to do your homework on just about anything or anyone! Check with credible rating sources to see what other people’s experiences have been, see if they are active on social media, how does their website look? What kind of property do they regularly purchase?

Quick Cash

A good home buyer offers you a quick closing, most likely in cash and with no difficulties. They will be in constant contact, notify you of any problems or delays, and are great to work with. They will also not typically renegotiate unless extraneous situations arise or hidden facts are uncovered. A bad buyer on the other hand offers a longer closing time, is difficult to reach, may have had to be qualified for a loan first, or they try to renegotiate the price several times while trying to keep you on the hook.

Great Reviews

A great home buyer will have a lot of reviews, mostly positive. We all know that things happen, and sometimes people make mistakes, so there may be some negative reviews. This shouldn’t sway your decision too much at first, but make sure to read if the home buyer has responded to the reviews. If they did, how did they handle the situation? Do you agree with how they handled it? If you were the seller in that situation, would you have been settled? Also, don’t be afraid to ask around. Have your family or friends ever heard of this buyer?

Their Personality

How can you tell if you have a great home buyer? Great home buyers have a positive attitude about real estate and they follow through. They will remain persistent and consistently return your calls. They will spend time answering your questions and not get off track in the meeting process. The bad home buyer will have excuses for everything, and they will continuously delay the appointment time.

References

References are an important part of the business. A great home buyer will have multiple references you can call to see how they do business, and they shouldn’t hesitate to answer any of your questions. If they do, then this may be a sign they are a bad home buyer. Look at their website, does it list reviews? Are they situation-specific, or is it a really general, too-good-to-be-true review that makes you question if their employees wrote them? Do they have a presence on social media or other rating websites? What are their followers saying in their comments? Do they have public reviews to read? 

Closing

A great home buyer will commit to a relatively quick closing date, anywhere from 2 to 30 days, and will provide a deposit. They will not try to rush you out of the home and stay in contact with the title company. A great home buyer will carefully consider all of the implications of purchasing your home. They will want to make sure that you are paid fairly for your home, and that both parties are protected in the sale.

A bad home buyer may try to extend the closing date multiple times, or ignore the closing date altogether and may have never submitted their deposit according to the contract. If the buyer is using financing, there will be very few items listed on the commitment letter. Bad home buyers will have multiple issues listed on their commitment, possibly questioning sources of funds and a sudden drop in credit score.

As a seller of your home you can rest assured that things will be taken care of, and if certain problems arise, we will step up to keep everything on schedule. Most importantly, you will get your money and be able to move on.

Please call us at 984-689-9785 or send us a message to discuss ways to tell a great home buyer from a bad one in Raleigh.

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