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selling french apartment

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Hi we are having trouble selling our french apartment. Has anybody used the property buying companies?
How much under the asking price do they offer ?

Comments

  • dawyldthing
    dawyldthing Posts: 3,438 Forumite
    If anyone is used as a middle man they always take a big bunch of the pie. Hence all the letter through the door of 'sell quick'.
    :T:T :beer: :beer::beer::beer: to the lil one :) :beer::beer::beer:
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You'd be better to ask on the French property sites, this forum really just covers UK property matters.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Do have a local French agent? Not one that tries to sell to the English but one that sells to French people? Did you accept the valuation? Is the apartment only suitable as a holiday home or could you live in it all year? Sometimes this will mean do you have any insulation? How is it heated?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    In the unlikely event a UK quick-sale firm would consider a foreign property, you can bet that their valuation would be even lower than their normal margin.

    The fact that you are British does not mean that selling the property as if IT was British is even remotely sensible. It's a French property - sell it in France.
  • eddddy
    eddddy Posts: 18,033 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi we are having trouble selling our french apartment. Has anybody used the property buying companies?
    How much under the asking price do they offer ?

    They won't take any notice of the asking price.

    Typically, they would decide what price to would need to drop to, in order to sell to a cash buyer within 2 weeks.

    Then offer you 80% of that figure.

    So it would be better not to use a property buying company, and just drop the price to the same figure, sell within 2 weeks and keep 100% of that figure.
  • knightstyle
    knightstyle Posts: 7,228 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Are you trying to sell to brits using an expat estate agent? try going direct to your local Notaires and also tell your Mairie as they often know about people moving into the area. Plus put it on Leboncoin and any other local add papers or sites.
    Do you have the price right to sell and have you had the necessary reports done, energy asbestos and woodworm?
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