We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Quick sale for cash ?

We are planning to relocate to the West Country and buy a Park Home with the equity made upon the sale of our present home - thus becoming mortgage free. This plan is dependant upon two major factors: obtaining the best possible price for our current home and being able to act fast when we find the park home we want.

In order to achieve this, we have been looking at the various options for selling up and one that has presented itself is using one of the many companies who advertise that they will buy your property for cash within a few days. We are aware that these people do not pay the full market price for a property but, when you weigh up estate agent fees etc. is there really much difference - plus the sale goes through without months of showing prospective buyers around and all of the stress associated with waiting for a sale.

Is this a route we should consider taking, or are we safer sticking to the traditional method of employing the services of an estate agent ?

Comments

  • CB1979_2
    CB1979_2 Posts: 1,335 Forumite
    well ask yourself if the EA fees = 25% of the house price then you'll have your answer.

    if you want a quick sale price competitively or chuck on for auction with a reserve
  • Rebob
    Rebob Posts: 1,010 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    My niece and her husband went this route. The house was over valued and the buyers paid 15% less than the estate agents valuation. The buyers have now been trying to resell it for 9 months without success. It shows that it is still overpriced. It was the right way to go for them. Try a few of the companies to see what they are offering and then think about it!
    The best bargains are priceless!!!!!!!!!! :T :T :T
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.