Far too many homeowners in London are selling their homes needlessly on the cheap.
Sadly for many, a quick property sale is essential due to financial issues or change in personal circumstances.
With the unwinding of the furlough scheme & recession, I fear a rise in those seeking a quick property sale to realise cash quickly.
Many will sadly bypass local agents & turn to unregulated ‘Quick Property Buying Companies’. You may have seen their adverts online & in the classifieds.
Here’s some of the unscrupulous tactics I’ve witnessed.
1. Over promising on their initial offer to reel you in.
2. Drag their heels & delay once you’ve accepted their offer.
3. At the 11th hour, slash their offer & blame the market or the Surveyor’s findings.
Some sellers may be reluctant or embarrassed to have their home openly marketed. But a great local estate agent won’t necessarily need to openly advertise or use a ‘for sale’ board.
Agents will know local homebuyers & honest investors often able to perform swiftly & pay the deserved price for your home with just a few discreet phone-calls & viewings.
Please Londoners, if you need a quick property sale, speak to the best local agents & avoid the ‘quick cash buying companies.