Property buying companies: A refreshing alternative to estate agents

MPG Investments is a top UK property buyer ideally positioned to facilitate fast and convenient property sales. This article shows that it is in the seller’s best interests to opt for a specialist property buying company – like MPG Investments – as opposed to the more risky alternative of selling through estate agents.

Some disadvantages of selling through estate agents

Estate Agents – next to lawyers and dentists – rank among the world’s least liked professionals. Many people actually use adjectives such as “underhanded” and “conniving” when describing them. Although it is obviously inaccurate and unfair to judge the entire profession by this yardstick, the sheer popularity of sentiments such as these must stand for something.

Generalisations and opinions aside; let us focus on the following: What are the real disadvantages of selling your home through an estate agent?

Firstly, there is the issue of inaccurate – or rather, inflated – home valuations. According to this trend, London estate agents lead homeowners to believe that their property is worth more than it actually is. Keep in mind that the estate agent’s commission is calculated on the home’s original price estimation, whether it is eventually sold at that price or not! A higher initial valuation amount thus means a higher commission for the agent, and goes a long way to explain the phenomenon of inflated property valuations.

This brings us to the second disadvantage of selling via estate agents – delay and disappointment. London home buyers are becoming increasingly sensitive to the above phenomenon, and thus know when to refuse an unrealistic offer. This means that your property can sit on the market for months, with buyers not coming forward! Disappointment kicks in when you finally realise that the impressive amount you originally perceived to be your home’s market value is unrealistic, and that you are going to have to settle for a much lower offer.

The third disadvantage concerns hidden costs and silent deductions that often characterise the process of selling through UK estate agencies. Initially, home sellers are overjoyed as the estate agent presents them with an impressive selling price that they can “realistically” expect to get for their home. What they do not know, however, is that a range of other costs such as administrative, legal and conveyancing fees still have to be taken into account. Some unscrupulous estate agents do not mention anything about these additional costs at the beginning of your relationship, which sooner or later, is bound to leave you feeling disappointed and frustrated.

Then there is the issue of inconvenience. The process of selling via estate agents invariably brings with it an endless stream of strangers walking in and out of your home – anyone who values their privacy will tell you that this is far from ideal!

Take note of upcoming HIP legislation

Are you facing financial problems that call for the immediate release of equity tied up in your home? You should be aware of new UK property legislation that will come into effect as of 1 June 2007. Sellers will need to commission a Home Information Pack, or HIP, as a prerequisite for marketing their home through an estate agent. Costing up to £1,000, Home Information Packs could cause a catch-22 situation for sellers who need a fast home sale to release equity – Sellers need to spend £1,000 on an HIP before they can market their property, but they need to sell before they can release the equity they need to afford the HIP in the first place!

Here is the good news, and just one more reason to choose MPG Investments: As a specialist home buying company, we do not need an HIP to purchase your home!

Why a fast home sale to MPG will be in your best interests

MPG Investments boasts the know-how and financial resources to purchase your home in 7 days. If you need a fast sale and wish to avoid the above-mentioned drawbacks of estate agents, MPG Investments has the solution for you!

The process could not be easier. If you contact one of our experienced consultants today, we could send one of our professional home buying staff to assess the value of your property within 24 hours of your call. Other companies could charge up to £1000 just to make an offer on your home but at MPG we charge nothing for our value assessments All we ask is that you are serious about selling to us and that you are aware that we generally offer 15 – 20% below market value for your property.

No later than 48 hours after your call, we will present you with a guaranteed cash offer for your home. With MPG there are no delays, hidden costs or trickery – if you approve of our offer, we can purchase your home and transfer the cash into your account in just 7 days!

Whereas some estate agents and property buying companies feel it necessary to revert to underhanded methods just to survive in the business, MPG Investments is established and successful enough to make a profit without pretence or manipulation. Our proven track record of speed, experience and efficiency has helped position MPG Investments as the UK’s leading property buying company.

Do not delay – Contact us now and discover just how fast and convenient selling your home can be!