Selling for cash? Why NAPB members can offer the best deal

14 March 2018

Selling a property has always been a complicated task. However, with quick house sale companies, the process has become convenient – especially for those who are looking to sell a property fast.

These companies get a quick sale by directly purchasing your home. The advantage of using the services of these companies is that they provide almost immediate cash payment.

However, when choosing a buyer you should ensure they are a member of the National Association of Property Buyers (NAPB). Using a member helps to provide transparency, professionalism, a smoother process and most importantly, peace of mind. Read on to understand why.

NAPB membership – A hallmark of trust
The NAPB was formed to improve the standards of the quick house sale industry. It is mandatory for all the members of the NAPB to be registered with The Property Ombudsman Service (TPOS) and for them to follow its code of conduct. This means that in case of a dispute, TPOS can step in to assist if necessary.

In most of the cases, selling a property takes a lot of time. You need to visit various estate agencies to get the best fee you can and then wait for a buyer. Some sellers opt, instead, to list their property at auction – but there is still no guarantee of a sale and often there’ll be up front fees.

Therefore, instead of paying hefty fees to the estate agents or to auction houses, you can contact a member of the NAPB. Once you have accepted an offer from one of the member firms the sale is virtually guaranteed, regardless of the condition of the property. These companies buy the house as it is and the property owners need not spend huge amounts of money on renovations or redecorating their property.

The quick house sale companies buy your property quickly (sometimes in a matter of days) for cash and, typically, albeit, under market value. This is a convenient deal for owners who want quick cash to repay debts, or are relocating, or have any other personal reasons to sell quickly and discreetly.

How to choose NAPB member companies
All you need to do as a seller is to look through the list of NAPB members and contact whichever ones you want to find out how much they can offer you for your property.
You can be rest assured that the transactions will be fair and transparent since the NAPB insists members are part of the TPOS redress system.

(Before selling for below full market value, please consider alternatives. This guide produced by the OFT might be helpful

Jonathan Rolande

Jonathan Rolande (MNAEA MICBA MARLA) began in the property business in the late 1980’s and is a Director of House Buy Fast and helped to found The National Association of Property Buyers in 2013. He has worked closely with The Property Ombudsman to develop a Code of Practice for Residential Property Buying Companies.