Open Property Group has recently surveyed its customer database to identify the most widespread misconceptions surrounding Professional Cash House Buying companies.
Jason Harris-Cohen, Managing Director of Open Property Group, emphasised the company’s focus on 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: “A fast sale is too good to be true”
Cash house buyers, like Open Property Group, facilitate speedy transactions by eliminating the need for estate agents, which reduces delays. Additionally, Open Property Group skips extended marketing and viewings, offering near-instant quotes and starting conveyancing right away.
Myth 2: “Cash house buying firms lack trustworthiness”
Credible companies like Open Property Group are made up of property experts with years of experience. As a member of The National Association of Property Buyers (NAPB), Open Property Group upholds high standards, following the Code of Practice set by The Property Ombudsman.
Myth 3: “There’s pressure to accept an offer”
Open Property Group offers a no-obligation service. Sellers can choose to consider their offer at their own pace, accept it immediately, or reject it without any pressure.
Myth 4: “Only properties in pristine condition are considered”
Open Property Group stands out by buying properties in any condition. From homes with fire damage to those in need of major repairs, Open Property Group purchases homes ‘as seen,’ including properties affected by subsidence or Japanese Knotweed.
Myth 5: “Cash buyers only work with desperate sellers”
Cash house buyers assist sellers in a variety of situations:
- Landlords can sell properties with tenants in place, and Open Property Group will take over the tenancy.
- Probate sales requiring quick settlements for debts or taxes can benefit from a cash sale, helping executors avoid
- Sellers who face a collapsed property chain can benefit from a guaranteed offer from Open Property Group, helping them maintain their onward purchase and keep the chain intact.
For more information on these myths, visit https://www.openpropertygroup.com/why-choose-us/cash-house-buyer-myths/
