Home buying companies play a significant role in the real estate industry. For those who either can’t wait out the traditional home listing process or simply want to avoid all of the headaches and uncertainty, there is a quick resolution. This doesn’t mean that all home buying companies are created equal and naturally you want to work with a company that is credible. We’ll cover what to look for with these 5 signs of a reliable home buying company in Chicago.
It’s obvious when someone cares more about your problems than their bottom line, and this is a sign of a trustworthy home buying company in Chicago. Positive solutions come from focusing on the issue and availing yourself of all possible resources. An honest home buying company will take the time to listen to your needs. They will guide you to the best solution for your needs, even if that means recommending a real estate agent as your best option! They should also have information available for assistance, should you be facing financial difficulties. A good company will make you feel that they are focused on the reasons you are selling and If they’re not listening, or something feels off in your gut when you meet, it’s time to walk away.
Giving you all of the time you need to feel secure about the company you’re dealing with is the standard with an ethical home buying company in Chicago. You should never be rushed into such an important decision. Asking you to close the deal at the time you first meet with a home buying company isn’t a good sign. If it’s suggested that you close without the involvement of any other professionals, consider this a huge red flag. With so many opportunities, there should be no need for a company to make you feel pressured into a deal.
Offering a downpayment along with their offer is another is a strong sign that you are dealing with an above-board home buying company in Chicago. The money should be flowing towards you, not away. If you’re asked to pay them any type of fee before you ever realize a penny from the sale, this is a sure sign that you should be showing them to the door. Otherwise, you may soon find yourself holding a worthless piece of paper and out of hundreds or even thousands of dollars to scammers.
Check social media for regularity of postings over a long time period, indicating you’re working with a well-established home buying company in Chicago. Be certain to check for companies that include reviews and testimonials. You will also want to take note of their online advertising in general as well as the office, their signs, and even the paperwork. Is there a polished and up to date appearance that conforms across online and in person.
A quality home buying company provides you with a closing date, usually somewhere between 7 to 30 days. This is a good sign you’re dealing with a principled home buying company in Chicago. A home buying company should also be open to working with whichever mortgage company, inspector, or any other service provided towards closing is best for your situation. If they are attempting to push closing out to 60 or even 90 days, you may realize more benefits from working with a real estate agent.
Chicago Home Buyers fits the bill, we’re highly reviewed and invite you to learn more about us. We will answer all of your questions, with no obligation. Chicago Home Buyers has you covered, call (312) 300-2043 today or send us a message any time!