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Quick Sale Companies

Mike10
Mike10 Posts: 46 Forumite
Part of the Furniture Combo Breaker
in House buying, renting & selling
Has anyone had any experience of buying from a quick sale company?

In your experience are they more likely to be negotiable over a price?
«1

Comments

  • warwicktiger
    warwicktiger Posts: 1,106 Forumite
    Very negotiable, anywhere between 70 and 75% of the true market value!
  • vuvuzela
    vuvuzela Posts: 3,648 Forumite
    warwicktiger wrote: »
    Very negotiable, anywhere between 70 and 75% of the true market value!

    That seems optimistic. Also, be prepared for them to drop their offer just before exchange.
  • jbainbridge
    jbainbridge Posts: 2,031 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    1. Use the forum search
    2. Don't
    3. Advertise with an estate agent at less than market price and it will sell quickly
  • Mike10
    Mike10 Posts: 46 Forumite
    Part of the Furniture Combo Breaker
    Just to clarify, I'm looking at buying a property through an estate agent, that is being sold by a quick sale company. I'm not looking at selling a property to them.
  • Paully232000
    Paully232000 Posts: 2,108 Forumite
    Surely it would be worth trying with an EA first, reducing the price from EA estimate straight away to say 90% or 80% of the estimates and still get more than from one of these quick sale companies.

    Edit: just saw your post, forget this
  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    Lol, doesn't anyone read before replying.

    I bought my property off a company that did deals on sheltered accommodation. They were in a real hurry as they wanted to keep the cashflow going and insisted everything happened fast (we did whole thing in 5 weeks). The positive...they paid £150k, was up for £145, I offered £130k as a cheeky offer. I actually felt bad and rang the agent up to say I know its a bit low, the agent said it was, but they will accept £132k. So...good way to get a bargain as they will want the turnover.
  • Paully232000
    Paully232000 Posts: 2,108 Forumite
    Ozzuk wrote: »
    Lol, doesn't anyone read before replying.

    I bought my property off a company that did deals on sheltered accommodation. They were in a real hurry as they wanted to keep the cashflow going and insisted everything happened fast (we did whole thing in 5 weeks). The positive...they paid £150k, was up for £145, I offered £130k as a cheeky offer. I actually felt bad and rang the agent up to say I know its a bit low, the agent said it was, but they will accept £132k. So...good way to get a bargain as they will want the turnover.

    Doesn't anybody check the times of posts before replying :) and realise that given the times of posts were 1 minute apart then both were probably typing at the same time.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Paully232000 wrote: »
    Doesn't anybody check the times of posts before replying :) and realise that given the times of posts were 1 minute apart then both were probably typing at the same time.
    That's no excuse.

    You type your response, open a 2nd browser, navigate to the thread and re-read it so you're up to date, and then hit submit on your contribution.

    It's not rocket science!
  • Tixy
    Tixy Posts: 31,455 Forumite
    To be picky the first post does say buying :D
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    G_M wrote: »
    That's no excuse.

    You type your response, open a 2nd browser, navigate to the thread and re-read it so you're up to date, and then hit submit on your contribution.

    It's not rocket science!
    But what if there's a further post between switching windows. :eek:
    Changing the world, one sarcastic comment at a time.
This discussion has been closed.
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