National Homebuyers.co.uk

Superherogirl

My property has been on the market several months and hasnt had an offer. I have looked at part-ex the property for a new build but most builders/developers want me to upgrade in price not downsize. So a non-starter.

I have thought about selling to someone like National Homebuyers.co.uk and was wondering if anyone has had a good experience. I have read some horror stories about this type of company but these seem to come up cleean when I have checked them out on the internet. Relucant to call them as I will not doubt get the hard sell and be pestered for ever. At this stage I am looking at all my options.

I am also considering selling via an auction that way I can set a reserve and at least I am doing something proactive. Rather than wait for a buyer the more traditional way.

Any advise or experience - would be greatly appreciated.

Thanks

tim123456789

You will almost certainly get a better price at auction than you will from a home buyer scamster

HTH

tim

yummymummy2000

Not all quick sell companies are scamsters - national homebuyers actually just bought our house when we had been trying to sell for a year on with an estate agent, it was less than the offers we had from agent, but none of those buyers could get a mortgage!! whats the point of a higher offer when they can't actually buy the house - grrr...these buyers do my head in. but all is good now and we will move in time for Christmas- yay!!

kingstreet

yummymummy2000 wrote: »

Not all quick sell companies are scamsters - national homebuyers actually just bought our house when we had been trying to sell for a year on with an estate agent, it was less than the offers we had from agent, but none of those buyers could get a mortgage!! whats the point of a higher offer when they can't actually buy the house - grrr...these buyers do my head in. but all is good now and we will move in time for Christmas- yay!!

Asked again.

Have you exchanged or completed yet?

If you haven't, you've achieved nothing yet and can still get the demand for a price reduction, just before Christmas!

yummymummy2000

It exchanged last week without any price reduction - We are set to complete on Monday - yay!!

DaftyDuck

Yeah, G_M, but at least he's fairly honest....

eddddy

DaftyDuck wrote: »

Yeah, G_M, but at least he's fairly honest....

How do you know he's fairly honest?

Remember that salespeople are very good at "sales patter". It's their job. (Like jugglers are good at juggling.)

From what I've seen of it, "quick house selling" seems like a very non-transparent business.

They don't seem to say to home owners "Your house has been valued at £100k. Sign this binding offer to sell us your house for £75k, and we'll try to find a cash buyer prepared to pay £90k and we'll keep the £15k difference."

If any quick sale companies have a different business model, it would be great to know what it is. It might restore my faith in this sector.

DaftyDuck

OK, "open" might have been a better choice of words. His

If you're looking for 100% (debatable) of value your best option is always to use a local agent, you'll get the best price but it will take the time it takes.

is more frank than one might expect. (blue my edit)

I am no fan of these "buy 'em quick" companies; indeed, I've been heavily critical in the past for being overly blunt. However, I do accept that, in the right circumstances, they could (could...) have a potentially useful part to play.

G_M

Hi edddy

I deliberately xxxxxed out the company name so tha when his post was removed then name did not remain in my post.

Could you edit your for same reason?

eddddy wrote: »

......
If Britishxxxxxx have a different business model, it would be great to know what it is. It might restore my faith in this sector.

Yes, his post seemed fair, but you'd not expect a sales pitch (which is what it was) to explain how little they'll end up paying, what exhorbitant fees they'll charge along the way, or what other rip-offs might arise.

not, of course, that I'm claiming his company WOULD do any/all of those (that would be libel), just that sales pitches have to be seen for what they are - sales pitches.

eddddy

DaftyDuck wrote: »

Yeah, G_M, but at least he's fairly honest....

DaftyDuck wrote: »

OK, "open" might have been a better choice of words. His is more frank than one might expect.

Hey Dafty - just a quick comment on human nature (not relating to any company or person in particular).

You know how some people end up buying really bad 'investments' etc - stuff like overseas property, vintage wines, timeshares etc.

I suspect it's partly because the salesperson seemed honest, open and frank.

After all, nobody would buy them if the salesperson seemed dishonest, secretive and devious.

People should be digging a lot deeper than a salesperson's spin when considering a big transaction, like selling their house.


And from the limited info I know about quick sale companies (mostly secondhand from people I know), I can't see any good reason to deal with them. However, I'm very open to persuasion - but the devil's in the detail, not in the salesperson's spin.