Ep97 “We Buy Houses”

Welcome back everyone to “The Really REAL Real Estate Podcast!” In 2022, more companies like We Buy Houses and We Buy Ugly Houses are coming onto the real estate scene, promising to pay all cash for any home, no matter the condition or how much work needs to be done. Today, we talk about the pros and cons of selling your home to one of these all cash, no contingency, rehab. companies vs. hiring a professional, licensed realtor to sell your home. TALKING POINTS (3-5): - Introduction - What are companies like We Buy Houses? - Pros of selling your home with a company like We Buy Houses. - Cash offer (and possibly handle your closing costs, which may not be as much as you think) - Sell your home fast - Usually, the offer is contingency-free - No repairs, remodeling, or staging needed - Easy, smooth process (including having the buyers address the municipal requirements after closing – however, this is a perfect transition into the cons of selling because the municipal requirements still have to be completed prior to closing, even if the buyers are not willing to complete them after closing or if the municipality wants everything completed before closing occurs) - Cons of selling your home with a company like We Buy Houses. - You will net less money than if you listed it with a realtor - Sellers don’t care what repairs or improvements you’ve made to the property; no chance to repair or replace to increase the selling price of the home - Many times, you give up control of the sale - May have hidden fees (watch b/c you may not be signing a traditional sales agreement) - Many of these companies are not licensed realtors, which means they don’t follow the moral and ethical codes that realtors follow when running their business - Watch for scams - Who are the best types of sellers to consider this option? - Someone who needs cash quickly - Someone who is holding off a short-sale or foreclosure - Make sure you won’t have any issues AFTER closing if you are staving off a short-sale or foreclosure - Someone who has a house that is in need of MAJOR repair - Final thoughts HASH TAGS: #webuyhouses #cashoffer #whatyouneedtoknow LINKS: JASON: https://jasonwilcox.cbintouch.com/ https://www.zillow.com/profile/jasonwilcox1987/ https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber https://www.facebook.com/jason.wilcox.186 https://twitter.com/jason_wilcox1 https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: JASON: Cell Phon