Adverts on social media and in national newspapers promise to sell people's homes within seven or 14 days. Some homeowners are happy with a reduced price for a fast sale, and some quick-sale firms provide a reputable service.
It is feared that some homeowners have fallen prey to companies promising a quick sale, that then cut asking prices without homeowners’ consent. One homeowner told the BBC programme that her asking price had been reduced by £20,00 without her consent, potentially wiping out the equity she had built up.
National Trading Standards is monitoring a number of companies, and consumers who think they have been dealt with unfairly can contact them, The Property Ombudsman, or the Property redress scheme.
Whether or not consumer picks a quick sale agency, they must make sure it is the right choice for them.
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