May
26
Are we being robbed by quick house sale company?
By
Hi, Can any one tell us if Valuation Surveyors all follow the same guidelines?
We’ve had a Surveyors Valuation done and an Estate Agents Valuation which have both come back at the same price, we were going to sell to a quick sale company but I think we are being lied to, at first we were told by them that all Surveyors Valuations would be the same as they had to follow the same guidelines, now when its getting close to us signing their forms they are telling us that not all Surveyors value at the same price and they might get a lower value (the figure they mentioned was £3000 lower than ours), so I suppose the queston I’m asking is; Are we just about to be robbed if we sign with this company?
(ps, we were willing to accept their 15% discounted offer but think they are trying to get more discount out of us by under cutting us in a valuation.)
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2 Comments
May 26th, 2010 at 4:49 pm
“Quick Sale” are quick for a reason. They NEVER offer what a house is worth. Their profit comes from underpaying, a clean-up and re-sale closer to real value.
May 29th, 2010 at 5:01 pm
Some Valuers (surveyors) are particulary harsh when putting prices on properties, specially in the current market conditions. Best thing I would recommend is to get a 3rd surveyor out (completley randomly picked from yell.com) and atleast that way you will know as you will have had 3 surveys done, what the average price is of the 3 is. This “quick sale” company may have known to get that particular surveyor out if he has a reputation for downvalueing properties
If you dont want to pay for another vauation and you want o do some research yourself. Go on to nethouseprices.com, enter your postcode and have a look at what properties have sold for on your street. The prices stated are the actual selling price not the marketing price so it can give you a good idea of what your price should be. (all estate agents and surveyors use this as a tool)
If this still doesnt work you could always say to the company you’re not happy with the valuation and they may send a different person round
Hope this helps