You can find cash buyers or traders in your area by logging onto the internet and searching using Yahoo, MSN or Google. Which search terms are the best to use? You have many options to choose from. You can start searching along the lines of: a quick sale
This kind of searching, and all the other variations you’ll be able to come up with, should give you a number of options to contact.
If your search terms include a place name don’t be too disappointed if your search results don’t immediately throw up companies located near you – local searching on the internet is still a bit hit and miss.
When using one of the major search engines, depending on the results that come up, you can then decide to opt for one of the links which appear under results for your search in the main part of your screen or one of the ‘sponsored’ links (for example in Google these are on the right of the page).
The sponsored links are essentially advertisements. The web sites which appear under 'results' are likely to have more pages for you to browse. This is a plus or minus depending on how much research you're intending to do.An alternative is to look in one of the many online directories focusing on the UK. For example, we are listed in Splut as are other companies who specialise in either buying houses quickly or finding cash buyers. It's well organised so easy to find your way around. Why not have a look?
Alternatively, you’ll find cash buyers advertising in the Yellow Pages under Estate Agents, Property Development and Property Investment. Also try local newspapers in the Property Wanted section.
The advantage of looking for cash buyers on the internet is that you can find out more about them and more easily compare one company's approach with another before you contact them.
You'll probably want to avoid companies who spend more time talking about themselves than what they can do for you. At the other extreme a company who only has a couple of pages on their web site is clearly not making much of an effort to impress you. A large number of companies also don't provide clear details of their trading address.
Once you have found three or four likely suspects you can start contacting them. But you'll need to know more about what's involved in approaching
cash property buyers
to get the most out of your initial contact with them.
Selling successfully to cash buyers
It is true to say that some companies offering a 'quick sale' service have received a bad press in some national newspapers, primarily for taking advantage of 'distressed sellers'. It's really a case of 'seller beware'.
The cash buyers we know offer a good service – they live or die by their ability to come up with a way to help you sell your house so you can get on with your life. They have nothing in common with the type of companies providing newspapers with column inches. But the press need their headlines...
So when dealing with any company for the first time some common sense rules apply. Perhaps more so in this case as you're dealing with your most important asset.
Our advice is to:
be prepared to contact at least two companies for an initial chat or a meeting
do a credit check and/or ask for references
be sensible about inviting strangers into your house
research your own
work with someone you gel with and trust
request a contract is drawn up if you’d find this helpful
always take legal advice about any transaction involving your property
Foremost in your mind is likely to be the question of how you get your hands on a fair
After all, you probably believe that a cash buyer will be tempted to take advantage of your situation.
A bit of scepticism is a good thing. A house buying company solution may or may not be your best alternative. Ultimately, it all boils down to one question. Do you need a quick house sale or not? Does your reason for selling outweigh your need to get best price? If so, using cash buyers may be your solution to getting a quick house sale.
And finally..if at any stage you hear a promise from cash buyers that sounds too good to be true..it probably is.
Tips and Guides
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