Minneapolis Real Estate Investors That Buy Homes for Cash.

Minneapolis Real Estate investors that buy homes for cash are a dime a dozen.  The most common misunderstanding is that they will pay you a fair price for you Minneapolis home.  Most home investors in Minneapolis, MN and in the Twin Cities in general are out to make the largest profit they can.  I’m not saying that you should avoid home investors because they are slimy, unethical jerks.  I’m just saying that they usually do not have your best interest in mind.  The main reason most real estate investors in Minneapolis MN don’t get there Real Estate License is because as long as they aren’t licensed, they don’t have a fiduciary duty to the public and therefore can act in their own best interest. If you are a licensed Realtor in Minnesota, the state statutes and real estate law hold you to a much higher standard. That isn’t to say that just because you are a licensed real estate agent in the Twin Cities you are honest, ethical, and acting in the best interest of the community.  Licensed Realtors in MN should be acting in the best interest of their clients, and should be offering honest and ethical advice, but not all licensed Realtors take their fiduciary duties seriously.  The moral of this short real estate post is that not all investors and real estate agents will act in your best interest.  Always get the advice from people you can trust, and get multiple opinions.  A home in Minneapolis is worth what someone is willing to pay for it and what someone is willing to sell it for.  If you get 20 different opinions of your homes value, you are likely to get 20 different answers.  If you get 20 different offers from home investors, it is likely that some of them will make you want to puke and others will be closer to the “fair market value.”  In general, the best way to get top dollar for your Minneapolis home is to offer it for sale to the entire public (not just investors) and expose it to as many potential home buyers as possible.

 

Published by jchoughton

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