Homebuyers
Homebuyers are companies that are set up to purchase properties quickly without the use of an estate agent. Homebuyers basically cut out the hassle of marketing your property the conventional way, and give people the freedom to move on quickly. When using an estate agent there are so many processes that you have to go through to even get an offer. Firstly you have to have your property valued. This is the same as using a homebuyer however unfortunately estate agents are notorious for over-valuing properties to get you on their books. This can obviously be tempting to the seller but in the long run it actually is more harmful than helpful. This valuation is almost never the amount that the property actually sells for as homebuyers just won't show interest in this high price. The price will almost always need to be reduced at some point, sometimes several times and by large amounts. This causes a lot of stress for the seller, and there is quite often a feeling that the estate agent hasn't been honest from the start.
The length of time spent on the open market compared to using a homebuyer company can be huge. It often is nothing to do with faults in the property itself but can simply be due to market saturation or a downturn in house sales. It’s a common complaint of house sellers that they feel their estate agent is not doing enough to get homebuyers into their homes. At the end of the day you can nag them constantly but you'll never really know how much commitment they’re putting into getting your house sold.
Unfortunately the troubles and hassle don't end there. Once an offer is made and accepted, it is an extremely delicate situation with often many properties as part of a chain. This chain can break on the same day you thought you'd be signing on the dotted line, one of the most distressing experiences when selling a home. Then from that point you really feel like you have to start from scratch.
If an offer is made, accepted and the deal goes through then finally you have to pay a large chunk of commission to the estate agent. This is another thing that turns people away from estate agents and towards homebuyers. Homebuyers are able to make guaranteed cash offers within days of you first contacting them.
Selling your home is one of the most stressful things a person can do, this is why many people choose to sell their home through a homebuyer company. You don’t have to deal with the hassles of viewings, you can rest assured that you'll have an offer, and be confident that you can get your house sold within days or at a timescale that suits you perfectly.