Finance Blog

What Are Quick House Sale Companies?

A rapid house selling company is the fastest way to get cash.

As the name implies, selling to these companies is fast. This can be as little as 7 days, compared to 4+ months for a regular transaction.

Quick House Sale Questions

Try these questions. If answers are evasive or unsatisfactory, it may be a symptom of a shady company that won’t provide reliable service.

  • When was the company founded?
  • How many homes did the corporation buy last year?
  • Is the company an NAPB/Property Ombudsman member?
  • Does it have case studies and reviews?
  • What happens?
  • How do they value properties?
  • Can it remote-manage sales?
  • Can you adjust an accepted offer’s price?

Quick House Sale Companies Benefits

A rapid house selling firm is the shortest method to sell whether you need to beat the stamp duty holiday deadline, relocate for work, or make a clean split after a messy divorce.

  • Reduce selling costs: No estate agent is needed, and many firms cover legal fees.
  • Avoid repossession: Selling your property quickly may earn more money to clear debts than if the bank or mortgage lender repossesses and sells it for you.
  • Selling to a quick house sale firm is the fastest option to get cash.
  • A quarter of property deals fall through before completion. Guaranteed sale to a quick-selling firm.
  • Many homeowners find viewings inconvenient and disturbing. They may be dangerous owing to COVID.
  • Manage the selling of a deceased loved one’s home. Cash buyers speed up the procedure.
  • A house purchasing company will acquire your home regardless of its type or condition.
  • Get over a divorce or separation quickly by selling your home without an agent.

Is Selling To A Quick House Sale Company Risky?

Unscrupulous organizations will try to win your business using unethical sales practices in the unregulated rapid house sale sector. There is no protection if you fall victim to one of these companies, so do your research before buying.

  • Last-minute price cuts: The corporation makes a high offer, then lowers it as the deal nears completion.
  • “Hidden” fees: After an offer is accepted, further fees are applied. Unpaid sellers stop the sale.
  • Restrictive contracts: If you’re requested to sign away exclusive selling rights, look elsewhere.
  • False promises: Some companies lack the finances to accomplish a rapid sale, taking weeks or months.

Sales Checklist

Use our checklist to sell your home quickly.

  1. Don’t expect much. You’ll save on real estate, legal, home improvement, and mortgage costs. You may be surprised how similar an on-market sale and a quick sale are.
  2. Estimate your home’s value using property portals. Compare your home’s size, type, and condition to nearby sales. Realtors can also value your home.
  3. Find the best house-selling company. “Best offer” can be misleading. A company that promises to buy your house in a week for full market value is suspicious.
  4. Ask questions if the cash offer or process is unclear. You must trust your chosen firm to sell your home. A professional company will give you information, answers, and time to decide.
  5. Don’t feel pressured to sign a contract that limits your selling rights for months or years.
  6. Don’t hide property issues or personal circumstances that could hinder the selling. These will arise as the process continues and could create delays or a lower offer. Quick house sale company generate money by reselling homes, even if they’re in poor condition.

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