In a sticky market you may find it harder to sell your home. Part Exchange is a way to help you move faster, equally you may just wish to up and move without all the hassles of dealing with agents, showing prospective buyer round and worrying if your sale is going to go ahead or not. For some people, P/X is a solution. ...........
DO ALL DEVELOPERS OFFER P/X? The answer is simply NO! Many developers feel that by taking your older property just shifts the problem of selling a brand new unit, to selling an unknown unit which may hide faults or have title or boundary problems.
When alls said and done P/X is not for everyone and P/X valuation on your property may be lower than had you of called in agents. Agents will value on the basis of finding a buyer on your home in a few weeks.
Advantages include a fairly smooth and quick transaction. You get a house to modern build standards and best of all, there’s NO CHAIN.