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Quick home buying company.

How do I get a fast response from a homebuying company to sell a house quickly as it has been on the market for 6 months and needs to move forward?

Asked on Jan 30 2011, Selling in Luton | Report content

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  • If you do a Google search you will see there are many quick property buy companies, and many state they will value within 24-48 hours, even exchange in that time. Do be careful though, they often claim to pay up to 90% of the value of your home, this could be more like 60% of the value of your home. Shop around and don't take the first offer you get. You could consider going to auction if the values are too low, you will still receive less than market value but it could be more than you will get from a quick cash buy company.

    Answered on Jan 31 2011, Report content
  • Homebuying companies promise they'll buy any home - but at what price? I would love to hear from anyone who has sold their home to one of these companies or who is thinking of using one, for a feature I am writing for a national newspaper. Did you have a good or bad experience? Would be really interested to hear your story. Please contact me.

    Answered on Jan 31 2011, Report content
  • Be careful and certainly only approach one if they are correctly regulated. Generally they will indeed buy your property quickly, but often at 60-70% of market value. They make money by then selling the property on at full market value and hence 30-40% return. Auction offers a 28 day completion and contrary to popular opinion it does not necissirily mean below market value.

    Answered on Feb 4 2011, Report content
  • Home buying companies offer 60-70% of market value. You'd probably be better trying to auction it, where you'll get 80%+ of market value. For Luton, use a London auctioneer.

    Answered on Feb 12 2011, Report content
  • In today's market a genuine cash house buyer will pay 80% of the realistic open market value.

    Web reference: http://www.promptpropertybuyers.co.uk

    Answered on Feb 12 2014, Report content

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