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Be Wary Of Blind Offers

by Get Vyral / Thursday, 02 May 2019 / Published in Home Selling, Real Estate Tips

 

If you’re selling a home, be wary of blind offers.

 

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What do I mean by being wary of blind offers? Well, many house-flippers are making offers on homes sight unseen—the downside is that they’re tying the house up by getting it taken off the market with an accepted offer. Then they decide if they actually want it. 

This cautionary message mostly applies to fixer-upper homes. If you have a pristine home that’s both current and remodeled, you’re probably not going to get an offer from a flipper.

I just mention this so that you’ll be very careful. Make sure that your agent asks the other party or their agent if they have actually walked through the home, and that they ask if the other agent has done their numbers.

You don’t want to take a blind offer because it probably won’t end well—it could end in a cancellation or a renegotiation, and neither one is good.

If you’re thinking of buying or selling a home, fixer-upper or not, please reach out to me. I’d love to work with you.

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