Seller beware of quick sale deals
SELLERS who turn to quick-sale companies are being warned to beware.
Some quick sale companies promise anything up to 90 per cent of the value of a property, but a RICS spokesman says: “This is based on their interpretation of the market, meaning in reality the offer will normally be much less than what an independent valuer might give.
“This can potentially lead to the homeowner losing tens of thousands of pounds.
“There is currently no regulation covering quick sale companies either, meaning homeowners need to be aware of the few rogue firms and individuals operating.”