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A quick sale - I think not!! advice needed...
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LISAW_2
Posts: 124 Forumite
the company called a quick sale have got back in touch with me today... it was a few hours ago but i've only now come out of shock.
My house is on the market for 400k, and has sold twice for asking price but has fallen through...
After a few hours of his own internet research, the investor has deemed that the house is only worth £290k, meaning they will only offer me £220k for a house worth £400k!!!! So much for their advert stating they pay between 75% and 90% of market value.... more lke 55%
Yes i need a quick sale, but not like that. i feel sorry for the guys who think this is their only option.
I have no idea how they are still in business as another company ( again without viewing the property ) have come up with a figure of £280k they will pay.....
sure needs regulating!!!
so think will drop the house by 10% with the EA and push for a big advert in this weeks paper...
any other sugestions??
Ta x
My house is on the market for 400k, and has sold twice for asking price but has fallen through...
After a few hours of his own internet research, the investor has deemed that the house is only worth £290k, meaning they will only offer me £220k for a house worth £400k!!!! So much for their advert stating they pay between 75% and 90% of market value.... more lke 55%
Yes i need a quick sale, but not like that. i feel sorry for the guys who think this is their only option.
I have no idea how they are still in business as another company ( again without viewing the property ) have come up with a figure of £280k they will pay.....
sure needs regulating!!!
so think will drop the house by 10% with the EA and push for a big advert in this weeks paper...
any other sugestions??
Ta x
0
Comments
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Thanks,
Have thought of many things but not an open day.... keep your eyes posted in the local papers!! :j Maybe this will get some much needed interest from the "right person"
On the plus side, over 1300 investors have been contacted today offering them a 15% discount... which i could swallow, just!0 -
its 1300 potential investors through some of these quick sale agents who market it for more and take 1% and i TOTALLY AGREE that it needs to be reduced to something catchy on RM... the decision is by 25 or 50 grand!! the trouble is, the more it goes on, the more it will cost so do i take And thank the lord we have the non judgemental internet eh!!0
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Do you have a RM link?0
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After a few hours of his own internet research, the investor has deemed that the house is only worth £290k, meaning they will only offer me £220k for a house worth £400k!!!!
sure needs regulating!!!
I agree these guys are vultures but remember your house is only worth £400k!! when someone pays £400k!!. Maybe it isn't worth £400k!!
How the amount someone offers to buy an house can be regulated is beyond me. Maybe people should be compelled by law to offer at least 90% of whatever the seller thinks his property is worth.0 -
I agree these guys are vultures but remember your house is only worth £400k!! when someone pays £400k!!. Maybe it isn't worth £400k!!
How the amount someone offers to buy an house can be regulated is beyond me. Maybe people should be compelled by law to offer at least 90% of whatever the seller thinks his property is worth.
Well it has sold for asking price twice, but unforseen circumstance it has fallen through at the last minute.
Would you sell me your house for a fiver cos thats all i wanted to pay?? I think not. you take the opinion of 3 local experts with experience in the field and take the average.
Sorry, in this thread I wanted genuine help and advice, not sarcasm. do you have any ideas???
( and its not the amount people pay that gets regulated - quite obviously )0 -
property snake is full of houses reduced from 400grand to 290-300 grand like these
£225,000 (DOWN 40% from £375,000) marlow
£179,950 (DOWN 42% from £312,000)
Goring By Sea, Worthing
£249,950 (DOWN 37% from £399,995)
Preston, Paignton (tq3)
£205,000 (DOWN 36% from £325,000)
Markhouse Road, Walthamstow, London (e17)
£219,995 (DOWN 36% from £348,395)
Ocean Drive EH6 7BZ (eh6)
see the market is not as strong as some people think
ps it has not sold twice otherwise you would not still have it....It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
These guys are running a business. They want to make a profit.
You can't criticise them for trying to get the best deal possible. It's then down to you whether you accept or not.0 -
Well it has sold for asking price twice, but unforseen circumstance it has fallen through at the last minute.
Would you sell me your house for a fiver cos thats all i wanted to pay?? I think not. you take the opinion of 3 local experts with experience in the field and take the average.
Sorry, in this thread I wanted genuine help and advice, not sarcasm. do you have any ideas???
( and its not the amount people pay that gets regulated - quite obviously )
That was genuine help and advice. Please let us know when you sell your property and what price you get.0 -
property snake is full of houses reduced from 400grand to 290-300 grand like these
£225,000 (DOWN 40% from £375,000) marlow
£179,950 (DOWN 42% from £312,000)
Goring By Sea, Worthing
£249,950 (DOWN 37% from £399,995)
Preston, Paignton (tq3)
£205,000 (DOWN 36% from £325,000)
Markhouse Road, Walthamstow, London (e17)
£219,995 (DOWN 36% from £348,395)
Ocean Drive EH6 7BZ (eh6)
see the market is not as strong as some people think
ps it has not sold twice otherwise you would not still have it....
Thanks for the info. the market hasnt risen or fallen that quickly in my area, however, i do appreciate it is not as strong as it was which is why im considering a 50k drop.
Sorry, it has sold, subject to contract, twice.0 -
These guys are running a business. They want to make a profit.
You can't criticise them for trying to get the best deal possible. It's then down to you whether you accept or not.
Very true, however, the figures they have advertised are misleading and disappointing to say the least... lesson learned.0
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