Don't Get Bamboozled
Don't Leave Money on the Table When Selling in Austin, Texas. If you'd prefer to read the transcript, it can be found below the video.
Don’t get bamboozled and sell your house for far less than its worth! I recently set up an appointment to meet with a someone who wanted to sell a house they had inherited. The house had water damage and was definitely in need of renovations – it was the classic definition of a house flippers love to buy. Just before I was to meet with the seller, they told me they already sold it. Someone offered a price so the seller signed an option to sell the house. Turns out, they sold for about 25% less than what I figured I could get them for the house. When a random investor offers you cash for the house, please realize that there are many investors who will offer cash and most likely quite a bit more cash. Let a real estate agent properly market the house and get multiple offers generated. I feel bad that this seller left so much money on the table. Yes, they may have saved by not paying me a commission, but they lost much more in order to save it. I’m Craig Smyser with 1835 Realty.