Cash house buying companies!

david29dpo

DO NOT any anything to do with them, not very money saving!!

ReadySteadyPop

pinkshoes said:

Unsure_2025 said:

Hi everyone, has anyone ever used a company called Bettermove, when selling their property? They can apparently sell within 30 days at a less reduced amount than the property value or buy for an even lower amount within 7 days, with no fees to the seller, only the purchaser. They are registered with ‘the property watchdog’ who give them very good remarks, but I’m wondering if they are also like an advertising agency for Bettermove. As you can tell, I’m not very trusting of anyone !! I’d be grateful if anyone has any knowledge/ information on them. Cheers, Unsure_2025

They're a business.

The aim of a business is to make money.

So they will work out what your house is worth (but a low estimate), then knock off a very large percentage they want as profit, then deduct all buying fees and fees to sell it again.

So you get a quick sale, and they make money. 

Good for people who are desperate to sell quickly, but they are also known for dirty tactics of lowering the price at the last minute leaving you a dilemma of whether to accept the even lower price, or deal with whatever the desperation issue is that caused you to have to sell quickly in the first place.

The best option is to put it in a traditional auction at a very sensible price.

Might be the best route if you really can`t sell it by pricing sensibly in the main market.

Tabieth

I wouldn’t touch them with a barge pole.