Q. I’m getting bombarded with ads to buy my home for cash. Is this legit?
A. I can’t comment on any firm’s legitimacy, however we are seeing an influx of the institutional, or “i-buyer” in the northeast Florida area. You can’t view your social media news feed without seeing ads offering to buy your home for cash. But you need to do your homework. How do you know their offer price and fees are fair? Are you leaving money on the table? And most importantly, who is representing your interests? Real estate is not a commodity. It’s expensive, emotional, risky, and quite frankly too important to screw up. I would suggest meeting with your Realtor to discuss your options. Good luck.
Have a real estate question or need some sound advice? Call or text Phyllis Staines at (904) 476-7653 or email firstname.lastname@example.org. Every question will receive a response and may be chosen to appear in Saturday’s Times Union newspaper.