- Are you looking to get the highest dollar amount no matter how long it takes?
- Do you want to get the property off your hands as quickly as possible?
- Do you want to move quickly while getting the best value possible?
By outlining your priorities, you’ll be better set up to find a buyer whose methods align with your goals. Today, we’re going over what you should know in order to get the best offer you can without saving time. Let’s get into it.
As you research potential buyers, keep in mind that the most valuable resource available to you is what other sellers who have worked with them before have to say. If the buyer is transparent about their reviews, ratings, and past customers’ experiences, you can trust that they have a fair process that they’re confident in. However, if no one has heard of your buyer or their online reviews are unfavorable, tread with caution and consider it a major red flag.
Make Sure the Offer is Good in the First Place
This may sound like a no-brainer, but it’s crucial to make sure that you’re getting a fair market offer in the first place. After all, not paying your buyer doesn’t actually save you any money if they’re ripping you off. If you’re considering a buyer, talk to them about how they come up with their offers. There’s really only one right answer to this question, and it’s “by looking at real-time market data.”
What does that mean? It means that your buyer should be looking at the real-time prices of similar homes in your area that have been sold, then using those prices to determine a fair asking price for your mobile home. By using this comparative approach (known in the industry as a comparative market analysis), buyers make sure they’re paying you the fairest market rate in real time. If a buyer uses this approach and is transparent about it, you can rest assured that you’re getting the best cash rate on the market.
Don’t Waste Time
If time is money, then not wasting any is crucial during the home selling process. Getting your mobile home sold quickly and in a straightforward manner means wasting no time in getting paid so that you can move forward to bigger and better things. If a cash buyer is clear with you about how long the process can and will take, it’s a great sign. If they make vague promises or take forever to get back to you, go with someone else.
Get It In Writing
Promises mean nothing, especially in a business dealing, if they’re not in writing. If a cash buyer tells you that you won’t have to pay for anything when you sell your property, they should be able to back up that claim in writing. Make sure that any cash buyer you work with is able to guarantee that you won’t be liable for any closing costs, commissions, repair fees, or any other expenses that may come up related to your property. If they can give you that, then chances are you’ve got a solid buyer on your hands. Proceed accordingly.