|
 Topic: House buying companies
|
  |
27/9/2019 at 1:55pm
Location: East Herts
Outfit: 1992 Elddis Wisp 450CT + X Trail
View Profile
Reply
Quote
|
Joined: 05/11/2013 Diamond Member 
Forum Posts: 6379
| Site Reviews Total: | 18 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 1 |
| Site Reviews 2023: | 1 |
| Site Reviews 2022: | 2 |
| Site Reviews 2021: | 2 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 2 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 7 |
| Site Nights 2023: | 8 |
| Site Nights 2022: | 12 |
| Site Nights 2021: | 18 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 21 |
|
I'm not in the position of owning a house, but I think I would be very wary. Especially if they are anything like the "We-buy-any-car" type operation. They offer you a price, then when you turn up with the car they drop it considerably.
As towedyears in effect has said, the company has little to lose, you do.
-------------
Best Regards,
Colin
|
27/9/2019 at 6:23pm
Location:
Outfit:
View Profile
Reply
Quote
|
Joined: 02/6/2010 Platinum Member 
Forum Posts: 608
Tent Reviews: 1
| Site Reviews Total: | 4 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 1 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 2 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
If you are happy to receive 50% of what you think it is worth go ahead.
Otherwise don't go near them.
If your house is priced to sell, it will.
|
27/9/2019 at 7:56pm
Location: Cheshire
Outfit: Kampa Croyde 6 Air Classic
View Profile
Reply
Quote
|
Joined: 31/8/2017 Silver Member 
Forum Posts: 179
Tent Reviews: 1
| Site Reviews Total: | 1 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
Most of these will offer around 75% of market value, the typcial sold price. Not the often inflated selling price.
If you need to sell then either make your house look more appealing, offer to pay stamp duty (if that is still allowed) and knock a few k of the house.
Have you had any buyer feedback from viewings?
|
27/9/2019 at 8:52pm
Location:
Outfit:
View Profile
Reply
Quote
|
Joined: 02/6/2010 Platinum Member
Forum Posts: 608
Tent Reviews: 1
| Site Reviews Total: | 4 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 1 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 2 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
Quote: Originally posted by Decto on 27/9/2019
Most of these will offer around 75% of market value, the typcial sold price. Not the often inflated selling price.
If you need to sell then either make your house look more appealing, offer to pay stamp duty (if that is still allowed) and knock a few k of the house.
Have you had any buyer feedback from viewings?
I'm not aware of many sellers who readily accept a 25% price drop between advert and eventual selling price, if they did everyone would use a housebuying service!
|
27/9/2019 at 9:04pm
Location: east midlands
Outfit: swift 530
View Profile
Reply
Quote
|
Joined: 21/8/2009 Gold Member 
Forum Posts: 334
| Site Reviews Total: | 2 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
These days the house needs to be staged there are some tips here.
I agree with others the buying companies will only offer 75% if you are lucky
https://www.idealhome.co.uk/news/home-staging-ideas-to-help-you-sell-your-home-180719
|
27/9/2019 at 9:29pm
Location: Cheshire
Outfit: Kampa Croyde 6 Air Classic
View Profile
Reply
Quote
|
Joined: 31/8/2017 Silver Member
Forum Posts: 179
Tent Reviews: 1
| Site Reviews Total: | 1 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 0 |
| Site Reviews 2022: | 0 |
| Site Reviews 2021: | 0 |
| Site Reviews 2020: | 0 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 0 |
| Site Nights 2022: | 0 |
| Site Nights 2021: | 0 |
| Site Nights 2020: | 0 |
| Site Nights 2019: | 0 |
|
Quote: Originally posted by josey60 on 27/9/2019
Quote: Originally posted by Decto on 27/9/2019
Have you had any buyer feedback from viewings?
yes we have had seven viewings and the feedback from five of them was the house is nice but too small overall, one gave no feedback, one has said they think the bedrooms may be too small but they are not ruling it out and may do a second viewing .
It sounds like buyers are either able to get more space with less cash or being unrealistic about what they can get for their budget.
It may be worth a look at sold prices in your area for similar houses in your street or close by and being honest with yourself about the comparisons. We tend to look favourably on things we already own.
It's also not a great time to sell as a move now would fall over the Christmas period. If you're not in a rush, you may do better to take it off for a few months, perhaps declutter or a fresh coat of paint in some areas then relist in the spring.
|
01/10/2019 at 4:51pm
Location:
Outfit:
View Profile
Reply
Quote
|
Joined: 18/8/2004 Diamond Member
Forum Posts: 3499
| Site Reviews Total: | 37 |
|
| Site Reviews 2025: | 0 |
| Site Reviews 2024: | 0 |
| Site Reviews 2023: | 1 |
| Site Reviews 2022: | 1 |
| Site Reviews 2021: | 4 |
| Site Reviews 2020: | 4 |
| Site Reviews 2019: | 0 |
|
| Site Nights 2025: | 0 |
| Site Nights 2024: | 0 |
| Site Nights 2023: | 3 |
| Site Nights 2022: | 6 |
| Site Nights 2021: | 16 |
| Site Nights 2020: | 17 |
| Site Nights 2019: | 0 |
|
These companies are preying on folk who are desperate to move for whatever reason, hence take full advantage.
Selling can take a long time. We had just two credible offers. The first one after a month - which i thought was a cert. fell through after 2 months. Then we got the second offer 2 months later, which took us to 9 months from marketing to moving.
We were in a place where prices had not risen in over 10 years, so felt extremely lucky to get the money we needed, and 'escape'.
|
|
via mobile 27/9/2019 at 10:27am
