20 Aug Best Ways to Find Cash Buyers For Your Los Angeles House
What are the best ways to find cash buyers for your Los Angeles house?
Cash Has Power in Real Estate or as many say “Cash Is King”. Los Angeles real estate market is one of the most competitive in the country and the investors who have the cash rule the game. It is important to have an active market and the cash buyers can buy and then manage or sell much faster than the traditional way.
The real estate wheels are moving forward and the transactions are smoother when the LA property buyer is paying with cash and there is no loan, repairs and other contingencies. In many cases, the Los Angeles cash buyers like JetOffer, us, buy properties in AS IS condition and save a lot of time and aggravation to the house or property seller.
Although we experienced an upturn in prices from 2011 to 2018, in the recent months the number of distressed properties increased and the buyers are sitting on the fence longer and waiting to see what the future will bring to LA housing market. Foreclosures, properties in construction without enough funds, and other distressed property owners are having a problem getting bank financing. There are more renters than ever before because of the high Los Angeles housing prices. Many analysts predict a downturn as early as 2020 in the Real Estate and financial markets. Let’s hope that it won’t lead to a great recession.
Los Angeles property owners who need to sell fast, real estate agent who want to close a deal and investors- they all need to find cash buyers, but how? As it seems, there are fewer cash buyers on the market than in the last recent years.
If you want or need to sell your Los Angeles property fast, how can you find those Cash Buyers?
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JetOffer.com Online LA Real Estate Buyer or Platform, and others
There are many online real estate cash buyers that buy quick, for cash, in AS IS condition and one of them is our company, JetOffer.com.
- JetOffer works in your local Los Angeles market
- Fast closing
- No loan contingencies
- Avoid open houses
- No Repairs
And other benefits that you can read on JetOffer.com home page.
There are other platforms that perform well but they are not in the Los Angeles market. Many of these platforms are specific on the type of properties they buy and in many cases do not touch distressed properties. There are many “cash investors” that do not have the cash on hand. So it is always good to know who you are dealing with.
- Online Marketing to get Cash Buyer Leads
There are online tools and marketing that can get you the cash buyer but these methods take time and require experience, experiment, and investment. The cost of the online marketing is higher than most think but usually cheaper than newspaper or using a real estate agent.
If you need to sell the property fast, this method won’t answer your needs.
- Referrals
Many professionals like accountants and attorneys know the people with the cash and can refer them to you. Let them know that you need to sell fast and offer them finder fee or commission (where it is legal). Other professional that can help: title companies, 1031 exchange specialists, friends and family might know someone as well etc. Take is the consideration that many cash investors won’t buy property that needs extensive repairs or would like to go the traditional long closing. The traditional investor, like the one who uses 1031 exchange or retirement funds usually prefer a turn key property. A turnkey property is a fully renovated house, condo or apartment building that an investor can purchase and immediately rent out.
- Obtain Lists of Qualified Cash Los Angeles Property Buyers
You can search online and find lists of potential cash property buyers. There are lists of buyers on social media platforms and websites that claim that they have qualified home buyers. The challenge is that many “cash investors” list themselves on these sites or groups but actually do not have the cash on hand to purchase Los Angeles properties. There is no verification of funds when someone list himself or herself as a cash buyer so always do your due diligence.
Los Angeles Cash property buyers are highly desirable in our real estate market. There are many benefits to use a cash buyer like JetOffer.com and even if sometimes the purchased price looks lower at first, check out your bottom line and in many cases is it higher than if you’ll use the traditional sale method. Not to mention the fast closing time you can close and move forward with your life.
If you need or want to sell your California property fast, give us a few minutes and You will be happy you did!
Within 24 Hours – No cost, No Obligation