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Open Property Group recently conducted a survey within its database to highlight some of the most common myths associated with Professional Cash House Buying companies.
Jason Harris-Cohen, Managing Director of Open Property Group, underscored the significance of transparency, saying, “We were keen to get an insight into how our customers previously perceived the industry before we successfully bought their properties. We’ve built our reputation on credibility, transparency and providing the right solution for our customers, but now it’s time to dispel these common myths.”
Myth 1: “Quick sales are too good to be true”Cash house buyers like Open Property Group expedite property sales by removing the need for estate agents. Fewer intermediaries mean quicker sales, and by avoiding lengthy marketing periods, Open Property Group can make near-instant offers and commence conveyancing without delay.
Myth 2: “Cash house buyers aren’t reliable”Reputable cash house buyers, including Open Property Group, are comprised of property professionals with extensive experience. Open Property Group is a proud member of The National Association of Property Buyers (NAPB), and follows a Code of Practice established with The Property Ombudsman.
Myth 3: “Sellers are pressured to accept offers”At Open Property Group, offers come with no obligation. Sellers can choose to take their time, proceed, or reject the offer entirely, with no pressure whatsoever.
Myth 4: “Only well-maintained properties receive offers”Unlike traditional estate agents, Open Property Group buys properties regardless of their condition. Whether a property has been damaged by fire or requires extensive repairs, Open Property Group buys homes ‘as seen,’ including those with more severe issues like subsidence or damp.
Myth 5: “Cash buyers only assist sellers in urgent situations”Cash house buying companies like Open Property Group assist in a wide range of scenarios:
Landlords who wish to sell without disrupting tenants can do so, as Open Property Group will take over the tenancy.
Executors handling a probate sale can opt for a cash offer to settle debts or taxes without the need for out-of-pocket expenses.
Sellers facing a property chain collapse can rely on a guaranteed offer from Open Property Group to keep their onward purchase secure.
For further insights into these myths, visit https://www.openpropertygroup.com/why-choose-us/cash-house-buyer-myths/
