Since corporations and LLC’s are not a protected class of the
Fair Housing Act, then yes, I can say what I’m about to say. Homeowners, do you really want to sell your
home to an LLC, or corporation? Consider
this, with the claims that you will save a “ton” of money in fees by not using
a real estate agent, these business entities are not giving you the whole
story. And why would they? You’re not asking for it and you’re not
paying attention enough to see what the big picture is.
The last time someone told me cheaper, faster, more
convenient, we ended up with the fast food industry boom. Now, I’m not saying, I don’t enjoy a burger
and fries as much as the next person - in my car, driving 40 mph. I am saying history tends to repeat itself
and we should just take note of what’s happening in the housing market. The American dream has been supercharged and overdosed. Instead of getting a stable job and owning a
home to raise a family and enjoy life, people are driven by the anti-job
money-making lifestyle, owning several homes, ditching the family life and
getting straight into the YOLO retirement phase.
So, here we go. You’re
looking out for your family. You want to
get the most out of this opportunity, so you squeeze. If someone tells you 6%, you search for the
next one who will only ask 5% until you see the billboard that promises to do it
for half of that. Besides, you don’t “really”
care who gets the home, you’re only concerned about the front end of this
transaction. Wake up! You are both the seller and the buyer. You are not only selling your way out of a
situation, you are buying your way into another one. And here is what no one is saying out loud –
you are shaping your future economy, neighborhood, opportunity. Corporations are more active than ever in the
housing market. They are buying up homes
ya’ll, and guess what, they have the cash to kick you out of the game, if you
give them the dice to roll. The next
person that complains about the dwindling middle class, but sells their home
online to a corporation because they want to “save” money has pissed on their children’s
future – all of our children’s futures.
So you saved $5,000, maybe (as an aside, nobody will likely work harder to
secure the best deal for you than a real estate agent who likewise understands the
squeeze you’re going through because they’re going through it too), but in
actuality, you’re not really saving anything.
Call your local Realtor if you want to know what happens in
a bidding war. Trust, no company is
fighting for you.
My point is this, lack of true savings isn’t even the big
slice of the pie – it’s OWNERSHIP. Have
you ever thought about being locked out of the American dream? If every time a house hits the market, a
corporation buys it within a day, do you think your son/daughter has a chance
to compete against a multi-million dollar company, with her 20% down and conventional
loan? I’m laying it on thick, I know,
and I don’t believe that’s a true reflection of our current market. But I do believe it can be, in time. It’s like when a shark smells blood, he goes
in for the kill. If companies begin to
see the model works, they will come harder.
They will undercut to get the business.
They will promise you cheaper, faster, more convenient. And yep, pretty soon, we’ll all be eating in
our cars again.
I’m not telling you what to do. I’m just reminding you that
you have options. You get to decide who
gets the house, who gets the commission, who gets the neighborhood, who gets
the economy.
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