Get your cash offer

How do you tell a professional cash buyer versus a shark?

How do you tell a professional cash house buyer versus a shark?

Unfortunately as with all professions some are good, but there are some that don’t look at business for the long term, preferring to make as much money in the short term as possible and not caring who they hurt in the meantime.

The best way to spot people who are not professional buyers but are likely to be sharks are those:-

  1. Only have small ads with only a mobile number in the local paper, offering ‘quick cash deals’
  2. Don’t belong to any respected trade bodies, including the Property Ombudsman Scheme, one of the government redress schemes, giving you a free independent complaint system
  3. Offer less than 85% of the property’s true value
  4. Have no testimonials on their site/to give you to talk to
  5. Aren’t registered companies, typically sole traders
  6. Offer to buy your property in less than 7 days which generally is unrealistic as it will take a few days to provide the required information to your own solicitor when selling
  7. May be selling your ‘details’ to other investors who you don’t get to meet
  8. Won’t use Royal Institute of Chartered Surveyors (RICs) to value your home
  9. Don’t allow you to choose your own legal company
  10. Drop the price offered just before you exchange

To contact a professional buyer for help on finding the best way to sell your home, contact Open Property Group on 0800 990 3939 or visit our website today www.openpropertygroup.com

Published on 20th May 2015

Get a FREE cash offer

Sell when you are ready
Thanks for giving us your address, , . Now we just need your name, email and phone number.

Your details

Property details

Your data will be 100% protected
Or call us now on 0800 990 3939 or 0208 787 5860
properties bought and sold by our directors

average review score on the review website Feefo

7 days
or less is the timescale your property can be sold within if you wish

What our customers say

Feefo -/5 • - reviews (last 12 months) • Read our reviews Stars
Arrow prev Arrow next

The service I received from Open Property Group was very helpful and considerate of my personal circumstances. A thank you to Jason for arranging a cash advance prior to exchanging contracts, and a lump sum when we exchanged. This was a really big help.‎ Your company is simply the best.

Miss M, Southampton

Efficient, friendly and fair. From sold to exchanged in less than 6 weeks using OPG. We couldn’t fault the service. A professional service that any seller should use. If we had more property we’d definitely use them again!

Mr and Mrs M

The open property group recently purchased a property through my agency and found them to be excellent buyers that were able to exchange contracts within one week at the agreed price. I would highly recommend this company.

Trusted Customer

Excellent customer service, amazing communication, honest and genuine company who made the process extremely easy and gave any excellent price.

Trusted Customer

View case studies
Get your cash offer today

We buy property directly and you won't pay any agent's fees.

Step 1: Can you start typing the property address please