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Quick sell companies

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Hi.
Apologies if this has been posted before! Due to family problems I need to sell up and move ASAP has anyone had any experience with a quick sell company? Are they too good to be true? I'd appreciate any help.

Comments

  • Browntoa
    Browntoa Posts: 49,602 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They will not pay full price , typically 70% of market value at best
    Ex forum ambassador

    Long term forum member
  • dancingfairy
    dancingfairy Posts: 9,069 Forumite
    Unfortunately I've only ever heard bad things about these companies. Firstly they won't pay full market value but secondly, more than anything they are prone to dropping their offer price right at the point if exchange when you're nearly done and desperate.
    You might be better off going for an auction, or pricing competively for a quick sale.
    Depending on what the issues are with needing to move quickly you may find assistance from your lender. They may give you a payment holiday or let you switch to interest only or something.
    Df
    Making my money go further with MSE :j
    How much can I save in 2012 challenge
    75/1200 :eek:
  • wwl
    wwl Posts: 316 Forumite
    Probably worth a chat with local estate agents to ask at what sort of price they could sell quickly to a cash buyer.
  • Bonfire_Bride
    Bonfire_Bride Posts: 710 Forumite
    Ninth Anniversary 500 Posts Combo Breaker Stoptober Survivor
    We had one come and look at ours. It is on the market for 95K and they offered 75k. We turned them down. Do your research.
  • fizkiz
    fizkiz Posts: 2 Newbie
    Thanks! I knew they would offer less than the market value, didn't think it was as low as 70% though! I'll speak to an estate agent and cross my fingers that it sells quickly.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you set the right price you can sell anything very quickly. Using an estate agent will get you the best price but an auction will get you a better price than using a quick sale company. Quick sale companies often turn out to take ages and rip you off. Read some of the threads on this forum, very bad stories.
    Changing the world, one sarcastic comment at a time.
  • theGrinch
    theGrinch Posts: 3,133 Forumite
    Part of the Furniture 1,000 Posts
    Time is money so dont expect the market value on normal sale. Thats not an issue.

    What is the problem is unethical last minute reductions.
    "enough is a feast"...old Buddist proverb
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