Are Homebuying Companies Trying to Scam You?

Jun 29, 2022

Getting a fast cash offer for your home may seem too good to be true, but it is not. Selling your home to a homebuying company for cash can actually be one of the most logical and beneficial choices you can make. Learn more about how homebuying companies operate below.…

Written By Offer Hut

Getting a fast cash offer for your home may seem too good to be true, but it is not. Selling your home to a homebuying company for cash can actually be one of the most logical and beneficial choices you can make. Learn more about how homebuying companies operate below.

How Do These Companies Work?

If you’re familiar at all with real estate investing or the idea of “flipping” a home to sell, you already know the basics of how homebuying companies work. These companies are created locally and run by families in your area. They work with local homeowners who need to sell their homes quickly, or just want an easier alternative to selling their homes. Homebuying companies consider properties like yours investment opportunities, so they purchase your home to renovate and resell or rent it for profit. The success of their business largely depends on the satisfaction of their customers, so they are sure to make every step of the process as beneficial for you as possible.

What is the Process Like?

Selling your home to a homebuying business begins slightly differently than a usual real estate sale does. Instead of finding a local real estate agent to work with, your first step toward selling your home is to reach out to a local homebuying company. These can be easily found through a quick internet search. If you live in Tennessee or North Carolina, Offer Hut is a homebuying company that has worked hard to provide customers with a stellar experience for years. Once you find a homebuying company you’d like to work with, simply fill out the form on their website to get started. After doing so, a representative from the company will set up an appointment with you where they can view your home. This is similar to the showings that you normally host when selling your home. As little as 24 hours after this, you’ll receive your cash offer. If you choose to accept the offer, you can close on the sale in a matter of days.

What are the Benefits?

There are many benefits that can come from selling your home to a homebuying company for cash. The first one is the time you can save by doing so. Normally, it takes an average of two to three months to sell your home, but there is no fixed timeline. When you sell your home for cash, however, you are guaranteed to close in less than 30 days. Usually, you close in roughly seven days. Another benefit of selling your home for cash is the money you can save. Since you don’t work with a real estate agent on the sale, you don’t need to pay their commission. You also don’t need to pay for repairs or closing costs when you sell to a homebuying company. 

Homebuying companies are not just a legitimate way to sell your home, they can be an incredibly beneficial alternative. Selling your home to a homebuying company minimizes the stress (both emotional and financial) that normally accompanies the process, and allows you to move on to the next chapter of your life more quickly. Get started selling your home for cash today!

Ready to get a cash offer for your home? Want more information? Click here to get started with selling to Offer Hut today!

Testimonial

What our clients are saying

Sarah D. (Durham, NC)

“The Sell Triangle team really knows their stuff. As a seller in a difficult situation, I was able to not only get a great cash offer for my home, but we were able to close in just a few weeks! I would highly recommend this company for anyone trying to sell their house fast.”

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