Not all home buyers are created equal – choose your home buyer wisely!
Professional Buyers– Austin has grown rapidly over the last couple of years. Real estate has been booming and that gives rise to many different types of home buyers or what we call ourselves – real estate investors. There is no doubt that, when done appropriately, there is money to be made in real estate. There are many “professional” real estate investors – and by that I mean, investors who are ethical and buying and selling houses is their only means of earning their living.
With a booming real estate, many, who are not professional real estate investors, also want to buy and sell houses. However, such “investors” lack many qualities that differentiate between true professionals and investors who either don’t earn their living through buying/selling houses (or are simply unscrupulous).
So, how do you, the seller, choose your home buyer wisely?
First and foremost – you are the seller and this is still your home! You decide who you want to sell your house to.
Second, look for someone who you can make a connection with – professional home buyers are well versed in the art of customer service. For us, the seller is our customer and we will go over and above to ensure you feel comfortable discussing a potentially distressing situation with a stranger. Find out if you can trust the buyer!
Third, verify if your buyer has bought and sold houses in the past. Look up some tax records, if you have to (these are readily available online), to see if your buyer is listed as a home owner/seller for multiple properties. If so, you can be rest assured that you are talking to a genuine professional home buyer!
Lastly, ask them questions about how they intend to buy the house? There are different types of investors – “wholesalers” or “end buyers” (they will either flip the house or purchase it as a rental property). If you are dealing with a wholesaler, ask them about their network of end buyers. Also ask them about how they intend to close (if they will close it or assign the contract to the end buyer) and what happens if they cannot find an end buyer. If you are dealing with an end buyer, talk to them about where are they getting the funds from (you may be in for a surprise)!
At DHB Holdings, we love our customers!
DHB Holdings is a local Real Estate investing firm, firmly believing in our community and wanting to improve our community – one house at a time!
- We have been in business since 2011
- On an average, we spend about 60 minutes the first time we go to see a house – we try and build a rapport with the sellers!
- We tend to buy about 2-3 houses each month. You can check us on the tax roles (we used to be “Weird Property Investments LLC” prior to 2017)
- We primarily “flip” houses, however, we do wholesale some as well (to ensure we can take care of our rehab projects and ensure we are making your house one of the best in the neighborhood). We are part of many professional networks where we wholesale houses, if we have to. We will have no issues providing good references!