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The Need For Regulation

“The fast sale market is split into two types: those that buy properties and those that broker sales.

We have always known the only way for the Quick House Sales industry to survive in all market conditions is to provide a service that is fair to all parties. Our valuations (which are normally about 10 – 15% below market value) have to be fair to sellers,  provide enough margin so that we are paid and be attractive to buyers.

While buyers may walk away with slightly less than if they used a high street estate agency, the speed and service we deliver is second to none. It is a much better option and returns than traditional auctions which used to be sellers’ only alternative option. 

We pride ourselves on being completely transparent in our offers, delivering what we promise and for providing a much needed option for sellers who want to sell their properties in a fast, efficient and controlled way with less sacrifice than at auction.

A minority of  companies with unscrupilous practice threatened the reputation of the sector but in 2013 the Office Of Fair Trading reported “Our study has shown this to be a dynamic and innovative sector where some businesses have modified their business models to try to offer a better service to home sellers” and set about identifying good practice and providing users with a means to identify trusted providers.

I was included in the group of  practioners they chose to work with to develop a code of good practice and a founding member of  The National Association of Property Buyers. We are fully regulated for all types of property sale.

David Coughlin, CEO National residential / Landlord Sales Agency

 

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