Home Selling in 90802>Question Details

Jackie, Home Owner in 92320

How legitimate are companies like Sell My Home Fast? What are the disadvantages if you use them?

Asked by Jackie, 92320 Fri Mar 29, 2013

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Jeanine Birong’s answer
This looks like a referrel network. Why not just talk to some local realtors and compare their services and the sellers' net sheets they present you? I'm an agent at Doma Properties in Belmont Shore, call me. I'd love to help you. Any house that is priced right in today's market will sell quickly, especially if it is marketed effectively. You should use a local realtor who knows the area and is likely to have local buyers who are looking for a house like yours. Jeanine Birong 562.743.2029 Doma Proeprties, 4913 East Second St., Belmont Shore, CA 90802
0 votes Thank Flag Link Sat Mar 30, 2013
Sell my home fast companies are legitimate companies that look for people who need help in selling their property to avoid foreclosure, bankruptcy, divorce, help with inheritance and so forth. Those who claim they are scam artists are simply out of touch with what they really do. 99 percent who claim they are scam artists are real estate agents and brokers...simply put..that is their competition and this is why they are against their services. Real estate agents want to sell your property for as much as they can because they make a 3 to 6 percent commission off of your home. Sell your home fast companies will sell it for under value because you want to get rid of it quick...they base their buys off of how motivated a seller is to sell fast. If you want the most bang for your buck and don't mind waiting for a long and drawn out closing, and still the need to pay an agent for basically putting it on a website and then getting some paperwork situated and showing to to potential buyers then a real estate agent is the way to go. Fact of the matter remains, these sell your home fast companies will use creative ways to help the individual so they can save the persons credit, and at times even give them something in their pocket after ridding them of their problem child home. A real estate agent needs to make a buck off of your property, and so does the sell your home fast companies. One is designed for people who dont need to sell fast and can be patient and wait for the right buyer ( agents &brokers). The other is designed for people who are in desperate need of selling their house fast to get out of a bad situation or to capitalize on a situation before a bad one happens.

All these pro- real estate agents and avoid fast buying companies people are real estate agents, they want you to use them or other real estate agent services. But the facts are, one is not better than the other, they just have different customers. Most of these sell your home fast companies have a ton of knowledge and know just as much as real estate agents, even some are licensed agents. Look into both and ask questions before taking random peoples advice.
0 votes Thank Flag Link Tue Feb 9, 2016
Great advise all is true, i's nice to hear someone actually understnd the cash offers. Just find either a realtor or investor that is honest and will do the right thing for you as the seller. I happen to offer both options to my clients in the San Diego area. Tina Alcoser - Guardian Capital Realty and PGI Investments
Flag Fri May 6, 2016
If you want to sell your home fast go to GOGLE and type in Sell Home Fast
call one of those companies out and they will give you an all cash offer and close on the day of your choice. Most of the time I close the seller out with cash in hand in three business days.

If you want to play the real estate game, what agent will promise you the most at the cheapest commission. Have broker open houses, open houses, have people running through the house day and night getting offers negotiating back and forth then dealing with all the buyer inspections, then the appraiser who puts a number on the property depending how the latte was earlier in the day.
You will wait from 30 days to 6 months to get your cash you will receive about 12% more after it's all said and done. Guarantee you will have earned every penny.
0 votes Thank Flag Link Wed Dec 17, 2014
Hello Jackie,

These companies seem to come and go. If you need to sale your home in he shortest amount of time and for the max price. I urge you to list it with a real estate sales professional.

These help u sale type companies still charge you a fee, and do not offer you the protection and service you will get from a realtor.

I wish you the very best in getting your home sold!

Best Regards,
Kawain Payne, Realtor
Prudential California Realty
0 votes Thank Flag Link Mon Dec 2, 2013
I agree with my colleagues. It is always best to use a Local Broker or Agent in the the area where your property is located. We as real estate professionals dedicate our careers to marketing properties in our designated areas. It is extremely beneficial to the seller of any property to work with an Agent or Broker that is familiar with the local amenities, schools, trends, HOA's, city codes and laws that may affect the value. I must say that I have never heard of "Sell My Home Fast." The disadvantage of using this company could be HUGE in so many ways.
I hope that we saved you some time and heartache. Give any one of us a call, and I am sure that you will be in better hands.
0 votes Thank Flag Link Tue May 14, 2013
There are so many legal implications to selling a home. I would urge you to work with a lic. Real Estate professional.

Protect yourself and your investment.

Best of Luck to You!!!

Kawain Payne, Realtor
0 votes Thank Flag Link Wed May 8, 2013
Their sophisticated con artist and you aren't. The reason they sell fast is simple, they sell under market value, which you could do on your own. Do yourself a huge favor and interview some local Realtors and find one you feel good about and have them help you sell your home.
0 votes Thank Flag Link Sat Mar 30, 2013
Hi Jackie!

If you have any doubts about a company's legitimacy, their promises are likely too good to be true. Many homeowners who try to avoid using a Realtor sadly find themselves in the 95% statistic of being unsuccessful. You want to have a better than 5% chance of selling your home, right?

Sellers have the goal of getting the most money that they can for their property in the quickest amount of time. The best way to achieve this goal, in my opinion, is by using a Realtor you can trust who will come up with an intelligent pricing strategy, BUT equally important is the way the property shows in the MLS photos. More than 90% of buyers first see their homes online. You and your agent should have no problem selling quickly IF it is priced right and looks great.

I believe in giving my sellers something extra to help them achieve their goals, so I offer free home staging to all of my sellers. I have my own staging and design company. My sellers' properties show like model homes and routinely sell in the first few days on the market! I am happy to forward you photos and testimonials if you feel this service may benefit you. Call or text me anytime at 562.673.9690 if you want to know more. I wish you GREAT luck in selling, and I would love the opportunity to earn your trust and business. -Angelica
0 votes Thank Flag Link Sat Mar 30, 2013

Selling a home is a legal binding transaction.

Your home is a major investment. You should trust selling it to a highly skilled professional who follows the ethics and bylaws of the CA Department of Real Estate, in addition to laws set forth by their local associations, and professional organizations.

Realtors who are members of the California Association of Realtors have direct access to legal experts, and have the tools to navigate even the most complex real estate transaction.

You may not even actually net more money working with these Help You Sale type companies. They lack the resources to market your home for maximum exposure.

Best of Luck to You!
Kawain Payne, Realtor
0 votes Thank Flag Link Fri Mar 29, 2013
Hello Jackie,
Very good question.
There's a lot of buyers of homes
right now offering cash to sellers
that want a fast deal but below market
I think they're in this category.

If you want the best deal though, I
suggest you interview 3 or 4 local agents
and compare.
Good Luck!

0 votes Thank Flag Link Fri Mar 29, 2013
To be fair, if they're a licensed broker, they're legitimate. You might want to look up reviews or ask around. I also have not heard of them. Many brokerages that do the "fast sales" thing are either buying their own listings at a discounted rate with a group of investors or are offering a reduced service offering and selling the home below market value.

It comes down to...What's your goal? I quick sale or netting the most money for your home? Almost all sales today are fast anyway, but working with the right agent can make a ton of difference in what your home ultimately sells for.

Best of luck
0 votes Thank Flag Link Fri Mar 29, 2013
I know exactly the type of company you're referring to, there's another brokerage who offers the same kind of thing. I've done extensive research on this.

In FACT, I have a Saved search in the MLS for when homes that are listed like this are Cancelled, so I can then go & try to help the owner.

There are different angles that these companies take to market your home to buyers, they get away with it under "auction" rules, even though the owner is not experiencing any sort of financial distress, I don't really want to go into it all here on Trulia, as with one of the other answers, I don't want to bash them online.

Please shoot me an email directly, I can give you the scoop. I don't look back on this same Trulia posting for answers after mine.

Emily S. Knell
562-430-3053 c
Realtor Since 1996
Realty ONE Group
0 votes Thank Flag Link Fri Mar 29, 2013
I also have not heard of them. If you need to ask if they are legitimate, then why would you consider using them? Is this a "Discount Brokerage"?
Why would you use a company that you do not know. What advantages are they claiming?
I would recommend finding a good local agent that will work for you.
0 votes Thank Flag Link Fri Mar 29, 2013
I agree with Julie. The seller's market is hot right now and homes are selling fast anyway. I recommend using a known agent in your community.
0 votes Thank Flag Link Fri Mar 29, 2013
Hello Jackie, I've never heard of that company before...all I know is, if you put your home on the market (at market value) you'll more than likely have multiple offers in a heart beat!

Good Luck!

Certified Distressed Property Expert,
Short Sale & Foreclosure Resource,
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RE/MAX College Park Realty
T: 562.972.5464 (KING)
F: 562.684.4737
E: Julia@HomesByJulia.com
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Foreclosure Help at http://www.ShortSalesInLA.com

America is on Sale! This IS the time to BUY / BUY another property(ies). Prices are LOW and interest rates are LOW...usually, the two Never happen together!
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0 votes Thank Flag Link Fri Mar 29, 2013
I don't know if you willl get the answer you are looking for since we are not aloud to degrade or talk bad about an other real estate company or an other agent. I would say use google and search for your answer.
0 votes Thank Flag Link Fri Mar 29, 2013
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