Video Transcription
Hi, my name is Matt Buttner. I’m the owner of My Florida Home Buyers, and today I’m going to give you five things to consider before selling your house to cash home buyers Orlando.
Cash Home Buyers Orlando: Are they licensed?
When you sell to us, you’re dealing with experienced, licensed professionals, not some guy who’s fresh out of a real estate seminar. When you’re a licensed real estate broker, you have to have your fingerprints on file with the state of Florida. You have to have a clean criminal background check, and you also have to take continuing education courses on a regular basis in order to keep your license current. You also have to work under another broker for two years before you can get your own real estate brokers license. What that means for you as a seller is that you’re not only dealing with someone who knows what they’re doing and is up to date with the current real estate laws, but you’re also dealing with someone who has a duty by law to protect the public and is held accountable by the state of Florida. That’s not the case with many cash home buyers Orlando.
Now, if you ever have a question about whether someone actually has a real estate license, you can verify that at MyFloridaLicense.com. Now, I happen to be not only a real estate broker, but also a Realtor, and that’s an important distinction to make. Not all real estate agents and real estate brokers are realtors. A realtor is a term for a person who has joined the national association of realtors and is not only held accountable by state law, but also held accountable by the Realtor Code of Ethics.
Cash Home Buyers Orlando: Are they accredited by the Better Business Bureau?
Now, I used to think that the Better Business Bureau was something that you just paid money to in order to get the little sticker and get listed on their website. But after the process that we had to go through to become accredited, I now realize how important they are for vetting legitimate businesses and cash home buyers Orlando. We had to send them everything. Tax returns, licensing information, and even contracts showing that we had actually purchased houses. They went through our website with a fine-tooth comb and double-checked all of the information to make sure that we were who we said we were and legitimate cash home buyers Orlando. They even called our phone number to make sure that we were the ones who picked up. Now, at the time I’m making this video, we currently have an “A” rating on the Better Business Bureau and a five-star rating on Google and Facebook. We really strive to go out of our way for our clients and we want every person that we deal with to want to leave us a five-star review without us even asking for it.
Cash Home Buyers Orlando: Are they a wholesaler?
When we say we’re going to buy your house for cash, we mean it. We’re cash home buyers Orlando. Now you might be thinking, of course, you’re going to buy my house for cash. You’re cash home buyers Orlando. Isn’t that what you do? But there are a lot of companies out there who say they’re cash home buyers Orlando and going to buy your house for cash when they really have no intention of actually purchasing it. In the real estate industry, this is called wholesaling. Basically, a wholesaler will represent themselves as a cash home buyer and tell you they can close on your house quickly and pay you cash, all the good stuff. But as soon as you sign the contract to sell your house to them, they take that contract and shop it around, and try to sell it to other investors. Believe me, I get hundreds of emails every week from wholesalers trying to sell me something that they already have under contract. Now, if they’re successful in selling the contract, another investor actually closes on your house, and the wholesaler collects an assignment fee at closing.
If they’re not successful in selling the contract, which is oftentimes the case, they’ll come back to you asking for a price reduction or for more time to close, something like that. Or even worse, they’ll just disappear and leave you hung out to dry. I’ve even seen situations where people have had the U-Haul packed in the driveway and plans made to move, and the wholesaler just doesn’t show up for closing because he couldn’t sell the contract in time. Now, I should say that not all wholesalers are bad. There are a lot of good wholesalers out there, but wholesaling is often taught at real estate seminars as an easy way to get into the real estate industry without needing any of your own money. This makes it especially dangerous because you have people out there with no experience and they’re representing themselves as professional cash home buyers to the public. At My Florida Home Buyers, we’re cash home buyers Orlando and we offer you a guaranteed closing. We have our money and we actually take title to the properties that we purchase.
Before you sell your house to cash home buyers Orlando, check them out, do your research, and make sure that they are who they say they are and that they can do what they say they’re going to do for you.
Cash Home Buyers Orlando: Are they local?
This may not seem like a big deal, but when you’re dealing with cash home buyers Orlando, it really helps if they know the area. Not only are they going to be able to price your house more accurately, but they’re also going to know the difference between neighborhoods and even the difference between two streets. Now, we operate primarily in Lake County and the areas immediately surrounding Lake County. We know the streets, we know the neighborhoods, and chances are we probably even know who provides your utilities and we may have even bought a house on your street before. This makes us stand out from other investors who are coming in from Orlando, Lakeland, Tampa, even South Florida to make offers in and around Lake County.
Chances are if they’re coming that far to do business, they’re probably just looking for a quick buck and not really trying to build relationships with the communities and the people they’re doing business with.
Cash Home Buyers Orlando: Experience matters!
We’ve been buying houses, selling houses, and investing in real estate in Central Florida for over 10 years. We’ve been cash home buyers Orlando and bought and renovated hundreds of houses in that time. We’ve pretty much seen it all, and we’ve dealt with just about every situation that can come up. We’ve also built a lot of strong relationships with other local investors, contractors, and real estate people in the area. I always tell people that if we can’t help you, we can point you to the person who can. Now, experience really matters at a time when there are more new investors and inexperienced people out there than ever before trying to buy houses and get into real estate. Experience can make or break your sale, so make sure you’re dealing with someone who actually knows what they’re doing.
That’s it. That’s five things you should consider before selling your house to cash home buyers Orlando. My name is Matt Buttner. I’m a licensed real estate broker, Realtor, and owner of My Florida Home Buyers. If we can help you with your real estate situation, please don’t hesitate to reach out. Have a great rest of your week and we’ll see you in the next video.