When people hear about property buyer services, they often react with scepticism — and it’s not hard to see why. The idea of selling your house in a matter of days, with no viewings or agents, sounds too good to be true. But much of this doubt comes from misunderstanding how these services actually work.
Let’s debunk six of the most common myths about property buyer services.
Myth 1: “You’ll Get Ripped Off”
Reality:
Yes, property buyer services typically offer below market value — usually between 80%–90%. But this reflects the speed, certainty, and cost savings you get in return. When you subtract:
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Estate agent fees
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Legal costs
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Repair or staging expenses
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Council tax or mortgage payments during delays
...many sellers actually walk away with similar — or even better — net returns.
Myth 2: “Only Desperate People Use Them”
Reality:
Property buyer services are used by all kinds of sellers, including:
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Landlords looking to offload a portfolio
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People moving abroad
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Sellers avoiding chains
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Inherited property owners
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Homeowners downsizing
These services are about convenience, not desperation.
Myth 3: “The Process Isn’t Safe”
Reality:
Reputable property buying companies are registered with redress schemes like The Property Ombudsman and use regulated solicitors. They follow strict legal procedures just like any property sale — with contracts, ID verification, and financial transparency.
You should, of course, research the company first — but the process is completely legitimate.
Myth 4: “It’s Just a Scam to Get Your House”
Reality:
Scam companies do exist in many industries — but legitimate property buyer services are businesses that purchase homes for investment purposes. They make money through property development or rental, not through trickery.
Ask for:
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Proof of funds
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A written offer
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Details of their solicitor
...to feel confident you’re working with a genuine buyer.
Myth 5: “You Can’t Sell If Your House Is in Poor Condition”
Reality:
That’s one of the main reasons people use these services. Property buyers specialise in:
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Fire-damaged homes
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Flooded or abandoned properties
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Homes with structural issues
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Tenanted or hoarder properties
They buy homes others won’t touch — often with no survey required.
Myth 6: “It’s a Last Resort”
Reality:
For many sellers, it’s a first resort — especially when:
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Time is tight
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Repairs are too costly
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Privacy is important
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Certainty is key
In a market full of delays and fall-throughs, a guaranteed offer is a strategic decision, not a last-ditch one.
Final Thought
Before dismissing property buyer services based on hearsay, take a closer look at how they work. For the right situation, they offer speed, certainty, and simplicity — and that’s something many sellers find more valuable than a few extra percent.