He said he shares Cheryl’s anger towards the other companies who call and call and call. But Jones promises his company has its own ‘do not call’ list and his operators do take no for an answer. Jones said his company does use lists to cold call people hoping to find buyers. Someone who really needs help,” said James Jones, the CEO of Memphis-based National Home Buyers. “I try to reach out to people who are in bad situations. ![]() That’s the problem we ran into when we tried to call five different numbers to find out more. A frustrated Cheryl told FOX13′s Darrell Greene, “But they don’t answer the phone when you call back.” She’s even tried to call them to ask to be removed from their lists. But we were just warned that there are unscrupulous people out there that want to take advantage and be aware of that,” said Compton.Ĭheryl Owens put her number on the do not call list years ago, but she’s had little luck blocking them. If they want to have a conversation about selling their house, they are absolutely free to do so. You don’t.Ĭompton has a warning for anyone who decides to take the call and consider the offer. And in the end, all they really want to do is flip the house for a profit. The problem for you? The quick cash offer they make is always below market price, and sometimes by as much as 25 percent. They track your phone number down from those records and cold call you, hoping you might be in financial hard times or willing to sell quickly for any reason. They then legally access or purchase information about your home from public records in your state or other resources like the multiple listing service used by realtors. In almost all cases, individual investors or real estate investment firms identify desirable neighborhoods. ![]() They’re annoying."Ĭompton said his office has received several complaints. There’s nothing technically illegal about these particular phone calls. We took our concerns to the Tennessee Department of Commerce and Insurance.Īssitant commissioner Toby Compton told FOX13, “I’ve gotten those myself. “And then after that, they resort to texting.”įOX13 found out the calls are legal and there’s nothing she or you can do to stop it. And then when you don’t answer the phone, they leave voicemails,” said Owens. “And at some point, it feels like you’re really being harassed, because they called over and over and over again.
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