About a month ago I received an e-mail from my broker asking if there were any agents with cash buyers for the Phoenix Metro area that would be willing to speak with an Inman News reporter. The reporter wanted to know who the cash buyers were, what the buying process was, and the details of their home purchase.
I responded to the reporters request citing two different scenarios that I had recently worked with involving cash buyers. The first was an investor that was going to purchase, rehab/renovate the home, then put it right back on the market to sell for a profit, the ”fix and flip” as we call it in the real estate business.
The second set of cash buyers I recently worked with were purchasing with an entirely different scenario in mind. They were a retired couple that lives in the midwest. They were seeking a 2nd home in a warm climate to use for 3-4 months a year when the winter weather back home is unbearable. I asked my buyers if they would be willing to speak with the reporter and tell her about their home purchasing experience. They agreed and the relationship began.
I spoke and e-mailed back and forth with the reporter several times over the next few weeks. She conducted several phone interviews with my buyer clients as well.
Yesterday the story was published in Inman News. I requested permission from Inman to reprint their story on my blog. You can read the article in its entirety by clicking here: “Meet the Cash Buyers: Retirees find a 2nd home“
