If you are thinking “I need to sell my Johnson County house fast,” then there is one type of person you need to not waste your time with. Read on to learn about tire kickers.
We recently looked at a property that was available. When we pulled up, there were already cars at the property, and people poking around it.
Our property manager recognized one Realtor in the group, but, apparently, the rest were just either curious neighbors or people who had seen a few fixer upper shows on HGTV and thought that they could get in on the action.
The property is definitely in run down shape. It will require months of renovation.
The Realtor who had listed the house did the sellers no favors by not accurately disclosing the true condition of the property, and, as a result, the sellers were wasting their time with tire kickers who thought that they could mow the grass, slap on a new coat of paint, and flip the property for a huge profit.
It was easy to see the shock and recalculations occurring in the eyes and minds of the tire kickers. Most of them did not even venture to go upstairs once they saw the actual condition of the property.
Out they went, disappointed that they wouldn’t be able to have a zero money down opportunity to flip their way to riches.
Let me think about it is a sure sign they are not going to buy.
Usually, when the tire kickers see something that they are not sure they can handle, then they are going to tell the seller or their Realtor “Let me think about it.”
What they are trying to do is save face, rather than admit that the property is one that is far too much for them to handle.
They are likely expecting to bring their lawn mower and some paint cans, spend a month on the weekends doing work, and then trying to flip the property.
So, when they see a property that is beyond their ability to work with, they are not going to admit it right away.
They want to wait a few days before either a) putting in an offer that has zero chance of being accepted, or b) saying they’ve found something else (even if they haven’t).
Meanwhile, the seller is going to wait out this potential white knight while a legitimate cash buyer such as ourselves runs out of patience and moves on to the next opportunity.
This is now how we operate. If you need to sell your Johnson County, Texas house fast, contact us, and give us as much information about your property as possible. We make quick decisions, and if it’s not a property we are interested in, we’ll let you know as soon as we can.
How Do You Know You Are Dealing With a Tire Kicker?
I’ve come up with a few questions that you can ask prospective buyers to weed out the tire kickers from the legitimate buyers.
- How many properties do you currently own? By asking this question, you can see if someone has a portfolio or not. You can also check the property tax records to see if the story you get matches what the deed records say.
- How many properties have you purchased in the past 10 years? Again, this gets a sense of whether or not you are dealing with a Johnny Come Lately who just saw something on HGTV and is very unlikely to actually buy your house. You can check the Johnson County Public Deed Records to see if the stories match up.
As an example, here’s our public deed record.
My wife’s name is shown first, as our properties are titled as tenants by the entireties.
- Can you please show me your proof of funds? A lot of tire kickers are trying to “bird dog” for other investors. They want to find a property, get it under contract, and then sell the right to that contract to an investor, whom they need to find after they have found the property. A real, legitimate buyer will have no problem showing a bank statement or some other statement, blacking out personally identifiable information, and then sending it on to you to show that they have the funds. We’re also happy to provide references of our title company in Burleson and our Crowley and Cleburne based property manager.
Don’t get the answers you like? Move on.
Real, legitimate buyers are hard to find when you need to sell your Johnson County, Texas house quickly. It might be a touch easier if you live in Burleson or Grandview compared to Alvarado, Venus, Joshua, or Cleburne, but, regardless of where your house is in Johnson County, there are not a lot of legitimate cash buyers. If you find one, make a deal.
Otherwise, you will be left hanging by tire kickers.
Do you need to sell your Johnson County, Texas house quickly? Contact us today and see if we can help you out.
You can also call us at (972) 808-6913.