Cash home buyers are becoming more popular as a selling alternative in the real estate industry. For sellers who prefer not to play the waiting game of the traditional home listing process and avoid the headaches, stress and uncertainty, there is definitely a quicker solution. However, this does not mean that all home buying companies operate equally or have the same credibility and integrity. We’ll discuss what to look for with these 5 signs of a reliable home buying company in Ontario.
Integrity
It’s easy to identify when a buyer cares more about your problems than their bottom line, and this is a sign of a trustworthy cash house buyer in Ontario. Of course the buyer has to make a profit, but what you’re looking for is someone to help with your unique situation and create a win-win solution. An honest home buying company will take the time to listen to your needs. They will consider these needs in tailoring their offer just for you and will present the best solution, even if that means recommending a realtor. They should also have the necessary information and contacts to assist with financial difficulties. An honest house buyer will make you feel that they are understanding of your situation and are focused on helping you sell and meet your goals. If that’s not the case, then it’s probably time to walk away.
Pressure
When dealing with an ethical cash buyer, you’ll notice it is standard for them to give you time to think about their offer and be sure the deal is right for you. Of course they should be able to move quickly if your situation requires that but you should not be rushed with such a critical decision.
Cash Flow
A serious and experienced cash buyer will always provide a deposit along with their offer. This shows that they are serious about purchasing the property and also gives you some recourse if they do not close on the property. But as we’ll discuss later, a serious buyer will always close! Remember, as the seller, the money should always be flowing in your direction. If they attempt to charge you any fee, this is definitely a sign you should be walking the other way.
Marketing
Be sure to take a look at the buyer’s social media, website and overall online presence. You should see consistency of content throughout. If they are experienced, they will have photos, blog posts and most importantly testimonials posted over time. You definitely want to pay close attention and read through the testimonials to see what type of experiences other sellers have had with the company in the past.
Certainty of Closing
A quality home buying company has the flexibility to offer you the closing date of your choice. They can close quickly if needed because they have diverse and plentiful resources of capital to purchase the property. This is a good sign you’re dealing with a reputable and experienced home buying company in Ontario. If they are making attempts to extend closing beyond your agreed upon date, they probably aren’t a qualified buyer that can truly close.
SLG Home Buyer definitely measures up to these standards, we’re highly reviewed and invite you to learn more about us. We will answer all of your questions, with no obligation. SLG Home Buyer has you covered, call 647-490-1334 today or send us a message any time!