If you’ve been driving around in Fayetteville, chances are you’ve seen some billboards advertising companies that buy houses. You’ve probably also seen the ads of Facebook and google claiming that these companies can buy your house fast, for cash. Most people see these signs and dismiss them as scams but the truth is these companies are legit and have a necessary role in the real estate business.
Often times they say things like “We Buy Houses!” or “Cash For Your House”.
Are These “We Buy Houses ” Companies Credible?
How do I know if the local house buying companies out there are honest and credible?
Sometimes they all look the same at first glance, but below we’ll explain how to spot the trusted ones…like us, and some things that you should look for before deciding if you should work with them.
Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.
There are people who are really great, ethical folks who improve their neighborhoods one property at a time. One thing to look for is local reviews like the ones that are displayed on our Testimonials page. Ours even showcases videos from real people that we have helped in a multitude of situations.
On the other hand there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.
Yes, they are out there.
We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.
But let’s not focus on the negative – at least not yet.
First, let’s cover exactly what the best house-flippers are doing.
What Reputable Fayetteville House Buyers Are Doing
- Helping folks improve their lives by accessing the money they need right away. Let’s face it. Life happens and people often need the cash in their house to cover unexpected medical expenses, or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind. We can even help if your potentially facing a foreclosure or if your home is about to be foreclosed upon soon.
- Helping sellers get rid of a burdensome property without the hassle of having to list it. Have tenants that won’t pay their rent and you don’t want to go through the long process of eviction, or maybe you have tenants and can’t sell until their lease is up? We can help in both of these situations too! If you’re trying to decide if listing your house is the best option for you, feel free to check out our Comparison page that will show you the pros and cons of selling with us vs listing with an agent.
- Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Fayetteville, NC. Shortsleeves Real Estate is actually a local, veteran owned company, that also has other veterans and military spouses on the team as well.
- Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
- Purchasing distressed properties. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Fayetteville as a whole.
- Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure. Again, improving our neighborhoods.
Pretty cool stuff, right?
Lots of people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that amp up the drama because the reality of what we do on a daily basis is actually pretty boring and takes a lot of time and dedication just like any other business.
Most of our time is spent coordinating with lots of people to make sure things are happening on time so that sellers can have a less stressful experience and get the cash they need and deserve. We have to keep track of lots of moving parts.
So let’s get back to how you can use this information to find out if someone is a credible investor, and not just pulling a house buying scam.
How To Ensure You’re Working With A Reputable Local House Buyer
When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.
Ask open-ended questions like:
- How do you help your clients?
- What do you do for people?
- Can you tell me more about your services?
- What aspect of your business makes you the proudest?
- How would you describe your investment philosophy?
- How can I know that you’ll close on my house when you say you will?
Second, look for tell tale signs of tactics that those few shady operators tend to use.
- “Kitchen table closings” – If a property buyer tries to get you to sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be leery. Most reputable house buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
- Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision. The reason reputable house buying services like ours at Shortsleeves Real Estate do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule. If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.
Most scammers are looking for a quick score, and not an in-depth interview.
Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.
True investors who run honest and ethical house buying services, however, are building long-term businesses based on relationships and community development.
So when you’re looking at one of the “we buy houses in Fayetteville companies“… never be afraid to ask questions. Take a look at our About Us page to get to know us better.
If you’re considering your house in North Carolina, check out our FAQ page that explains how the process works or just submit your information below to talk to us!
Give us a call anytime at 910-600-6348 or
fill out the form on this website today! >>