hegemony Posted May 12 Share Posted May 12 The Ugly Truth Behind “We Buy Ugly Houses” Quote Treat every customer like they’re your 85-year-old grandma who’s never done a real estate deal, HomeVestors trainers tell franchise owners at annual conferences. Quote HomeVestors’ franchisees are taught ways to find people moving into a nursing home. Up to half of a franchise’s prospects must be generated by its own legwork, what HomeVestors refers to as “dig leads.” The company’s training manual teaches franchisees to build relationships with those who interact with people in difficult situations: nursing home administrators, probate officers, divorce lawyers. It also instructs them to comb neighborhoods for clues of distress — water shutoff notices, police tape, boarded-up windows, burn scars — and pounce on signs of desperation. If a family’s belongings are on the curb, for example, the directive is clear: “Quickly pursue the property where the trash pile indicates eviction.” 8ball and Burgerwars 2 Quote Link to comment Share on other sites More sharing options...
hegemony Posted May 13 Author Share Posted May 13 read some other details on these companies and man, they make time share sellers and reverse mortgage companies look almost respectable. PhoenixDown and Burgerwars 1 1 Quote Link to comment Share on other sites More sharing options...
Knight Posted May 14 Share Posted May 14 They are bottom feeders. Scavengers. hegemony and Burgerwars 1 1 Quote Link to comment Share on other sites More sharing options...
Burgerwars Posted May 14 Share Posted May 14 (edited) 3 hours ago, Knight said: They are bottom feeders. Scavengers. Yes. Driving around L.A. I've seen signs attached to light and telephone poles saying "we buy houses." A word of advice: Don't start a real estate transaction from a telephone number attached to a pole. Edited May 14 by Burgerwars Quote Link to comment Share on other sites More sharing options...
StantheMan Posted May 15 Share Posted May 15 Whether it be houses, cars, jewelry or just about anything that is being sold there is larceny in the hearts of most potential buyers. hegemony 1 Quote Link to comment Share on other sites More sharing options...
8ball Posted May 15 Share Posted May 15 What's crazy to me is I've helped a couple of my rehabbers buy properties from wholesalers. When I see, at closing, what the seller is being paid vs the money the wholesaler is putting in their pocket I shake my head. Why didn't they just list the property and let the market determine them the value. hegemony 1 Quote Link to comment Share on other sites More sharing options...
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