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Index Page › Property & Agents › Property Websites
 

Estate agents over-valuing properties

 

Author: Rebecca Coe
A few years ago the estate agent was the one and only reliable method of selling your house. But today many more options are available thanks to a new breed of property buying companies.

Sadly, many estate agents are using very underhanded tactics to trick you into using them, such as overvaluing your property to tempt you to sign up with them. What they forget to mention is that an overvalued property does not sell for that amount, and can cause real problems for a seller.

With an overvalued property it could take six months or more for the property to get an offer - as inflated asking prices deter most buyers. Why view an overvalued property when there could be a better bargain down the road? However nice your property is, if potential vendors are not viewing then they are not going be offering.

What's worse, by marketing a property at an overvalued amount, you can actually delay the sale further. Even when the price is finally reduced to a more realistic level, buyers can be put off by the length of time a property has been marketed for.

At MPG Investments we operate very differently. Firstly, we charge no fees for our service, no survey fees, no selling fees and even contribute '500 towards legal costs. Secondly we calculate the true market value of a property by using actual comparable sales information and resources, like the land registry. We then offer to buy your property ourselves, using our funds, albeit for a discount to market value.

Although our offer could be less than what is achieved through an estate agent, a sale to MPG Investments offers all the certainties and guarantees than traditional home selling sadly lacks. Coupled with the ability to buy property in seven days and be flexible in completion dates, the MPG Investments service is all about trying to make selling a property as easy as possible. Our service is designed to assist people who have a serious and pressing need to sell their property.

We strongly believe in our service and we are passionate about it. Upfront and clear, MPG as the cash buyer of your property will solve many problems that other methods of selling won't.

Remember, we offer flexible solutions which work around your schedule. For your home sale solution, contact us today on 020-8732-3555 or visit our website, www.mpginvestments.co.uk for more information.

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