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Quick House Sale Guide >> Property Trading Companies >> Pros and Cons of Using a Property Trading Company
Pros and Cons of Using a Property Trading Company
The pros of using a Property Trading Company include:
- They can normally make an offer on your house within 1 or 2 days.
- And complete within 4 weeks, giving you a very quick sale.
- Properties will usually be accepted no matter what condition they are in.
- You won't have to deal with estate agents or potential buyers viewing your house.
- You won't have to worry about the state of the house or the mess it may be in as all properties are considered.
- Takes the worry out of being involved in a chain or the possibility that the buyer will back out of the sale at the last minute.
- Many companies will pay your solicitors fees for you.
The cons of using a Property Trading Company include:
- You will sell your house below market value, i.e. you will get less money for it than selling through more traditional routes.
- You need to have equity in your house otherwise you may not be able to pay off the mortgage on the property.
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