The Low Down on (some) Cash for Houses Websites

Thanks for he tip. Your information is always a step to our success, I appreciate all that you do for us new investors. See you at the top.

Kim

Thanks for keeping us one step ahead on things. The internet offers many opportunities. So it sometimes becomes confusing to what information can be trusted. Thanks again! Continued success as always.......Lubertha

I was just looking at one of these websites and was thinking to myself "is this another fake?" Thank you dean!

Thanks for keeping us updated whit good info is nice to have a helping person to keep a eye on important info to help us make better decisions.

After posting listings on Craigslist, I have received 4 emails from different cash for houses companies. I was hesitant about adding them to my buyers list and your posting has shed some real light on the subject. Thanks a bunch!

Thanks for the information and the insight regarding this "Cash for Houses" topic. Just this past weekend I have seen several different types of real estate grass signs near the local malls such as "cash for homes".

The more information we understand and the basis used for marketing the better we can prepare ourselves and refine our marketing to be a step ahead. Thanks again for the insightful information. Believe and Achieve! - Joe

I have just finished deleting my umpteenth e-mail from these shysters. One of the things I've been noticing about more than a few of them is they have been connected with "Sellersaide". For those of you that aren't familiar with that name, they are the wonderful people that bring you "Propertyleadsnow.com".

I happened to sign up with that company for some leads (what a waste). When I cancelled my subscription, I started receiving these e-mails.

Just a little tidbit for the masses.

Scott

We appreciate your interest in keeping us informed and up to date on the REAL market. I have seen a lot of these signs posted along major intersections in town. It is helpful to understand what the real deal is. Thank you for giving us the REAL DEAL!

I don't want to leave you with impression that there are no organizations out there with stock piles of cash buying houses. There are, just not as many as all the offers would leave you to believe. Many are simply using similar techniques as us but portraying themselves as something much bigger and much more liquid.

So you need to ask some specific questions and do a little homework to see who is who. But more importantly, this angle appears to be an attractive one. I wouldn't condone advertising like that if you have nothing to back it up. But if you do have channels for cash buyers in your circle then it could be worth testing to bring deals your way.

Thanks for giving us the heads up on cash buyers. This is valuable information to know up front.

Sandra

It is almost like the wolf in sheeps clothing adage.Tricky....Jan

Great info, thanks!
-Mike Hutchins

I am finding out just how easily you can get addicted to Real Estate. Every day I learn something new. Some days it's huge and some days, just a sentence can be priceless.
Take this post for instance...Thanks DG!
I love this network and I thank everyone that has helped me along the way. I can't wait to pay it forward.

Gratitude,

Jason King

Here in Atlanta,there are a good amount of ads on I buy houses with cash.I need to make a buyers list and your info will help me keep a good eye opened on the buyers.Thanks!

so how do you go about finding out who is really a cash buyer? do you just come right out and ask,or is there some questions you need to ask first, I don't want to offend anyone from the start. Thank you for the information

How do you find out who is really a cash buyer? Or how strong they are? What clues can you gather to find out if they are legit/liquid? From what I've learned is that they will offer you a REALLY low amount.

I think I ran across 1 of the sites your talking about. I told the lady I was a wholesale investor and she was like ok. Well you should speak with so and so and hes not here, so I gave her my number and no call yet. I'm not hanging on every ring for them to call me back.

Thanks for the insight and heads up !!

Everyone should do a little of their own research -- know what you are getting into !!

Randy

Thanks for the tip. I plan on doing my homework and the long slow task of weeding through the companies in my area.

Perry

I'm still reading Dean's book and following the web site, forums etc. Soaking up as much as I can. The information is great. Its very helpful. Keep up the good work it is very helpful and inspiring.

Thanks DG!
Steve

Well. my impression from these websites, they are not buyers at all. Because of today's market, so many people looking to make money. I had couple of houses to sell and went to these sites, fill out forms and received a few phone calls, but all of them were the same. Even they say we are buying nationwide, they have no idea what to do. None of them went to see houses I offered. They even did not want to do any homework. They wanted everything in details over the internet. Do they have any money? I really doubt it

Getting a hold of REAL BUYERS that have REAL MONEY and that are REALLY interested in buying houses comes from connecting with people at your local REI clubs. So far, that's the only place I've connected with the real thing. Sometimes person-to-person is the best path. Not that I've given up on other methods, it just eats a lot of time following all these different guys on the web only to find out they can't help you.

This is what i was about to call the coach line about yesterday....I am glad I found this site because I was about to start submitting deals to see who really pays cash. I will sort of TEST a couple of them to see what they tell me.

I have recentely discovered that homevestors.com has a "BOT" spybot tracker. Just thought everybody should know this

As a newbie working to develop a good buyers list, I really appreciate this advice. It's cool to see a comment from DG himself, too. I'm off to my second investors club meeting tonight, which seems a good use of time.

I called one of these companies I found on the internet to enquire about their service and was told "One time fee of 500 and then you can access our service" Why am I going to pay you 500 before I can even find out what you truly have to offer.

Some of those companies are fake.

You hit the nail on the head !

On offering a property for rent on Craigslist, I received a few emails wanting to know if I was interetsed in selling. The same website popped up for each of the sites to which you where directed. As a previous poster stated, a lot of information is asked but no responses.
I believe that the primary question that was being asked "are you willing to buy a property". So far no takers on these highly motivated "cash buyers"

As usual, thank you Dean for leading us to success!