Scott Posted September 6, 2015 Share Posted September 6, 2015 Anyone ever looked into this and had an offer put forward? What sort of relationship is there with regards to market value? Estate agent is offering part exchange on a property we are interested in and it would be hassle free if it was even remotely worthwhile. I'm guessing carlsberg don't offer part exchange rates though Quote Link to comment Share on other sites More sharing options...
Havard Posted September 6, 2015 Share Posted September 6, 2015 Can work for some people but ruins any chance of a bargain. Quote Link to comment Share on other sites More sharing options...
Chris88 Posted September 6, 2015 Share Posted September 6, 2015 Did part exchange on a house once, way back in a previous wife. Worked out OK for us because we got close to market value from the builder of the new house we moved into. Just see what you get offered, compare it with similar properties that have recently sold (zoopla is good for this) remember to compare the offer with what your house will sell for (not what you would like to sell it for) and take it from there. Quote Link to comment Share on other sites More sharing options...
downimpact Posted September 6, 2015 Share Posted September 6, 2015 depends if they value it accurately, when we moved the estate agent so over valued the part exchange (in a falling market) that made up our mind to move as opposed to just speculating about it. They had to keep dropping it circa 15% in total to shift it on again months after we had moved out. Quote Link to comment Share on other sites More sharing options...
Scott Posted September 7, 2015 Author Share Posted September 7, 2015 Our part exchange works out different from when buying a new build. As we are looking to buy a house on the market there's no money to be made from that side of the transaction, it's all on my house, so apparently the offer is as low as 20% below market value..... which I really don't fancy. Will see what they say though Quote Link to comment Share on other sites More sharing options...
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