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In the last few years there has been a rise of property buying companies providing a new service for people trying to sell their homes. These companies are essentially cash-funded private investors who allow you to cut through all the red tape of traditional ways of house selling methods and allow the client to sell quickly. We offer other services that banks, building societies and estate agents are unable to offer clients.
Selling your property quickly through a property buying company can seem like all the answers to your prayers- but where's the catch? Those who advise against using property buying companies - usually estate agents - always have the answer ready that they offer you less than market value for your property- but don't be hasty........Your estate agent may not be giving you the complete picture.
It is essentially true that property buying companies will offer you less than the current market value of your property and we don't attempt to hide that fact. It is also true that you may not make any more money by selling your property through the more traditional channels. This comes as a bit of a shock to some clients and others are more skeptical but If you look more closely at the hidden costs and missed opportunities involved in the traditional property selling method and you will begin to understand the bigger picture.
Looking at the hidden costs first - the largest of which will generally be the estate agents fee, typically 2% of the sale price. Also add in the legal costs - WE OFFER YOU FREE SOLICITOR'S FEE which your estate agent does not. It is the lost opportunities which is the most interesting area and which is mostly overlooked by most people.
Estate agents will try to win your business and will try to entice you with a HIGH VALUATION OF YOUR PROPERTY. You may well end up with an unrealistic assessment of the true market value of your home which can be very misleading. Most home sellers are also unaware that the standard offer through an estate agent is typically 8% below your asking price. That's £800 you're losing for ever £10,000 of your properties value.
Our USP (Unique Selling Point) is that we can offer a quick sale within a timeframe that suites our clients.
Did you know that 1 in every 4 of UK property sales falls through ? It might not seem like it but selling quickly at a reduced price may actually work out cheaper in the long run. There are many hidden or silent costs that may not be apparent until you got through all the figures carefully. These costs can add up to be quite a substantial amount and are nearly no different to selling your property through a quick sale at a discounted price. Avoid the uncertainty, difficulties and lengthy time scale of selling and securing your new purchase as it can take up to 6 months to secure a sale using traditional methods. Have a look at the example below.
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