5 Ways To Tell A Great Home Buyer From A Bad One In Milwaukee

Tell A Great Home Buyer From A Bad One

So, you’re in the market to sell your house and are researching home buyers in Milwaukee, Wisconsin. Are you wondering, “how will I know if this buyer is a great home buyer or a bad one?” With the wonders of internet today, we are able to do our homework on just about anyone or anything! Check with credible rating sources to see some of the home buyer’s testimonials, check out how active they are on social media and how credible does their website look? While your on their website, see what types of properties they regularly purchase. When you do your due diligence your are bound to have a better experience selling your house.

Quick Cash

Great home buyers will offer you a quick closing; sometimes as fast as 2 business days. They will offer to pay for your property in 100% cash, but may also use other payment types to suit the situation. On the flip side, bad home buyers are difficult to get a hold of and they may offer you a quick closing date but are constantly delaying or do not return your phone calls or emails. If the bad home buyers do close, they may have had to be qualified for a loan first, and hopefully, they are able to have the final closing. Great home buyers will also not typically renegotiate unless extraneous situations arise or hidden facts are uncovered. Bad home buyers may try to readjust the price, maybe even multiple times.

Great Reviews

A great home buyer will have a lot of reviews, mostly positive. We all know that things happen, and sometimes people make mistakes, so there may be some negative reviews. This shouldn’t sway your decision too much at first, but make sure to read if the home buyer has responded to the reviews. If they did, how did they handle the situation? Do you agree with how they handled it? If you were the seller in that situation, would you have been settled? Also, don’t be afraid to ask around. Have your family or friends ever heard of this buyer?

Their Personality

Great Milwaukee home buyers will constantly have a positive attitude about real estate and they follow through. If you ask them to call you back at a certain time, they will do so consistently. They will not only talk a good game but they will back it up too! Bad home buyers will amp you up only to disappoint you in the end. They will set appointments with you, and never call you back or never show up. Can you imagine, spending hours tidying up, cleaning the house, and the potential buyer never shows up?

References

References are an essential part of a great home buyer business. A great home buyer will have multiple references you can call to see how they do business, and they shouldn’t hesitate to answer any of your questions. If they do, then this may be a sign they are a bad home buyer. Look at their website, does it list reviews? Are the reviews situation-specific, or are they really general or a too good to be true review that makes you question who wrote them? Do they have a presence on social media or other rating websites? What are their social media followers saying in their comments……Do they even have public reviews to read? 

Closing

Overall, a great home buyer will commit to a relatively quick closing date, anywhere from 2 to 30 days and will provide a deposit. They will not try to rush you out of the home and stay in contact with the title company. A bad home buyer may try to extend the closing date multiple times, or ignore the closing date altogether and may have never submitted their deposit according to the contract. If the buyer is using financing, there will be very few items listed on the commitment letter. Bad home buyers will have multiple issues listed on their commitment, possibly questioning sources of funds and a sudden drop in credit score.

Please call us at (262) 288-0580 or send us a message to discuss ways to tell a great home buyer from a bad one in Milwaukee.

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