Ms. Ellis wanted to sell her Kansas City Kansas home and move to Nevada. She wanted to know that her home was sold and that when she was ready, the buyer would close and she would get her money. She needed time to sell extra belongings. She needed time to do the clean out all the items she did not want in the house. She also wanted time to find a new home in Nevada.
We initially put the home under contract to purchase mid-August. That was extended to mid-September, then mid-October and we finally purchased in November. Ms. Ellis was able to do the things she needed to get ready to say goodbye to her home and then she was able to go to closing when she was ready. She had the peace of mind knowing a cash buyer was ready, willing and able to purchase when she was ready, so she could start her new life in Nevada.
A Word of Warning
For our readers, we want to share a word of warning. There was an unrelated third party that informed us that he was helping Ms. Ellis. What he was helping her with, we were a bit unsure. He sent over forms stating he was a “Mortgage Consultant / Debt Management Person” and that he was working for an estimated $8,500 value. As the home had no mortgage we were a little unsure what mortgage or debt this person was helping with and how he would be legally owed any money. As we asked more and more questions, he finally disappeared from the picture and Ms. Ellis got to keep an extra $8,500.
If someone contacts you about helping you to sell your home, there is only TWO PEOPLE who can ever get paid a fee or a commission. That would be the licensed Real Estate Agent who lists your home for sale and if the buyer is represented by a Real Estate Agent, that agent would split the commissions. If anyone else is asking you to pay them a fee to sell their home, they are not legally able to charge a fee or commission.
We were pretty sure this consultant was scamming Ms. Ellis and as many of our sellers are elderly or not educated on real estate sale processes, we want to warn our viewers.