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any advice? Purple Brick

Options
I am about to sell my flat. I am considering to use purple brick. Anybody use them recently? The agent gave me 2 options pay upfront or pay when sale is completed. Pay Upfront is £2000 cheaper.
Can anybody recommend or share their experience please 

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Comments

  • Herzlos
    Herzlos Posts: 15,892 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Have a search on here for Purple Bricks. Many people won't touch them with a bargepole. Go and find a reputable local estate agent. 
  • Bigphil1474
    Bigphil1474 Posts: 3,560 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I found the problem with purple bricks is when you are looking to view as a buyer. You can't book appointments without creating an account, and with loads of properties to choose from, some people just won't bother. A traditional EA you can just ring them up. I wouldn't use them personally.

    We asked 3 local EA's to quote and they were all a much of a muchness. They charged for the photos, and the rest was commission on sale of 0.9% + VAT. 
  • Suzycoll
    Suzycoll Posts: 249 Forumite
    Seventh Anniversary 100 Posts Name Dropper Combo Breaker
    Hi

    I sold my house with Purple Bricks & it was great (was 8 years ago).I controlled the viewing appointment myself using their portal & negotiated on the portal

    The agent was always available on the phone & regularly rang me.

    Im not sure if their business model has changed since then.

    I have since used two local EA to resell who were frankly - useless

    Good luck 🤞
  • Albermarle
    Albermarle Posts: 27,896 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Im not sure if their business model has changed since then.

    Due to huge losses, their share price went down 90% in 2022/23.
    Eventually they went up for sale and were bought for a Pound by a competitor, but still trade as Purple Bricks.
  • GDB2222
    GDB2222 Posts: 26,236 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 12 June at 11:29AM
    Purple Bricks currently offers a fee free service that doesn’t include listing on Rightmove or zoopla, but you can add those listings for £600. They do a pretty decent package for a bit over £1000. 

    How that compares to the fee for a local estate agent depends on how much the house price is. Can the local agent get you around 1% more for your house than PB, to cover the difference in fees? Maybe! That obviously depends in part on how standard your house is, and how many comparable sales there have been.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • RHemmings
    RHemmings Posts: 4,894 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I personally liked being able to book viewing appointments online. I have viewed a number of PB properties. I'm not saying that makes PB a good option overall. Just chipping in my £0.02 about having to register to make bookings for viewings. 
  • ka7e
    ka7e Posts: 3,130 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    A neighbour sold with them 6 years ago and he recommended using your own local conveyancers as the in-house ones were awful. 
    "Cheap", "Fast", "Right" -- pick two.
  • Neil49
    Neil49 Posts: 3,362 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ka7e said:
    A neighbour sold with them 6 years ago and he recommended using your own local conveyancers as the in-house ones were awful. 
    Definitely agree with you on this. They use online only conveyancing and they seem to be trainees who are doing the work. 
  • Procrastinator2
    Procrastinator2 Posts: 15 Forumite
    10 Posts
    edited 16 July at 8:01AM
    I have experience of an online conveyancer recommended by the EA they were absolutely useless, you could never get hold of them ,they never phoned you back. Ultimately I went to a local solicitor, a little more expensive but always contactable.
  • itsthelittlethings
    itsthelittlethings Posts: 1,001 Forumite
    500 Posts First Anniversary Name Dropper
    I bought my flat off Purple Bricks, very satisfied with it, it took over a year to go through as the seller used Purple Bricks conveyancers though. I was in no rush to move but he really struggled.
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