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SELL YOUR HOME QUICKLYCan private property sales save you money?
We’ve all got friends, neighbours, colleagues, family and so on who, once they’ve sold their house, complain at all the hidden costs they’ve had to pay. Number 1 on most sellers complaint list is the estate agent’s commission.
There usually comes a point once you’ve got the cash in your bank account where you suddenly think – hang on, that’s not as much as I was expecting. You’ve forgotten to take into account the estate agent’s fee and with the average house price in the UK currently at around £190,000 you’re kissing goodbye to several thousand pounds.
No wonder that at this point many people vow never to take the estate agency route again and to opt for a private sale. However, the reality is that private house sales can be difficult to organise and still offer no guarantees as when or if your house will sell. Sure, you may save on the estate agent’s fee but that saving may be cancelled out by the marketing costs, the time you’ve spent on the sale and the interest payments on your existing mortgage while you wait for a sale.
A property buying company like MPG Investments is essentially a cash-funded, private investor that can offer you a quick sale for a guaranteed cash sum.
Selling to MPG is a private sale you don’t have to organise yourself - it’s quicker, more reliable and offers a level of certainty simply not available with either the estate agency route or the traditional private sale.
OK, so at this point you’re thinking - hang on they haven’t answered the question yet. The fact of the matter is that private sales aren’t for everyone; property buying companies fulfil a need, often helping those who need to sell quickly or who would otherwise be unable to sell.
While we recognise that property buying companies like ourselves are a niche product, it is also true that for many people we are rapidly becoming a viable alternative to the estate agency route.
In terms of saving you money – there are all sorts of hidden costs and opportunity costs in the traditional route. For a start with MPG there is no estate agent’s fee, no survey fee, no mortgage companies to deal with – and we even offer you FREE LEGAL FEES if you use our recommended solicitor OR £500 toward your legal costs if you use your own solicitor. You can expect selling your house to MPG to cost you virtually nothing bar the price of a phone call to us.
We think it’s worth looking closely at the financial benefits of a quick sale – not to mention the peace of mind that it brings and the opportunities afforded by being a cash buyer.