Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Qualifying a cash buyer
Hey BP community
Curious to see how others perceive this question. I've recently joined a local real estate investment team that Buys Homes all over the state of FL. I've been marketing out a few properties for the past week. I go on Craigslist, BP, and FB with a teaser description like "Fantastic Buy & Hold in (city) message us for further details and schedule a walk-through."
I'm getting a lot of traffic and some are from vague "local investment companies" that are not on my personal buyer's list, now I don't want to speculate too much but after doing my due diligence on BP I find myself wanting to prequalify the unknown potential buyer before sending them a link on the property to avoid them stealing the property marking it up and selling it on their website.
What do some of you do in lines of qualifying potential new cash buyers? I'll send them a cash buyer criteria template to see what they are looking for but don't want to put a lot of stock in assuming too much. What questions do some of you ask before sending links to the property?
Thanks, everyone.
Chris