Part Exchange
Are you a Housebuilder looking for ways to commit your customer?
Would you benefit from a stress free fast solution for generating plot sales?
We Can Help…
Part exchange – a guaranteed buyer for your customer’s home
We understand that having your customer in a strong position to reserve with you is essential to your sales.
We also know that the thought of a potentially stressful move can be enough to put your customer off any moving plans they might have.
This is where our Part Exchange incentive scheme comes in.
Part Exchange provides your customer with a guaranteed buyer, the housebuilder, for their home, removing a barrier to sale and put them in a strong position to book their sale today!
Selling your customer’s home at full market value so they can reserve with you
There are no catches, no reduced property value, or hidden fees, it is simply a way of providing your potential client with a guaranteed buyer. We then sell the house on your behalf at full market value in quick time ensuring we are not tying up your capital.
One of the great things about Part Exchange is that your customer can remain living in their home while they wait for you to complete the build on their new home. It makes the process easy and stress free.
Providing Authoritative Property Valuation Appraisals
Our comprehensive Property Valuation Appraisals are based on the findings of up to three local estate agents, online comparisons of similar properties in the area and a study of Land Registry Data for the relevant postcode. We take into consideration the pros and cons of the area, the condition of the property, the location and anything that may affect the desirability of the house in question.
Once researched and gathered that information is collated in our reports and presented to you and your customer for consideration. The fair, unbiased and realistic valuation can then be used as the basis for the Part Exchange Proposal and, once the figures are agreed, the sale of the new property can proceed very quickly. To see a sample of a typical Property Valuation Appraisal, Click Here.
Transferring Ownership to the Housebuilder
We fully manage your PX asset on your behalf.
We will market the property, on behalf of you the housebuilder, using our tried and tested multi-agency approach ensuring you get the value we suggested as quickly as possible. On average this approach finds buyers in half the time a traditional single-agency achieves, and we usually get the value we predicted – if not a little more.
Making it Happen For You
Once a proposal has been accepted, the team at Moving Made Easy take over the marketing, negotiation, and progression of every aspect of the sale of the existing property, freeing your teams up to make more plot deals. You will be kept informed every step of the way with detailed weekly reports, listing all the activity that has taken place.
Upon receipt of an offer, we will financially qualify your customer, check any chains, and produce a memorandum of sale.
We will then progress the sale through to completion, liaising closely with your customers, buyers, estate agents and solicitors to avoid delays and reporting weekly to you.
Other ways we can help you with Part Exchange
Do you want to offer Part Exchange to your customers without investing your own capital?
If your customer feels they can get more for their home than your PX offer, we can help
The Benefits to the Housebuilder
- You customer is quickly put in a position where they can reserve their dream new build home.
- Guaranteed sale price and no reliance on a chain
- We’ll handle the entire progression process for you.
- Helping your customers move to a new home quickly and with far less hassle
- Your customer pays no fees to estate agents, making it more cost-effective for them
- We drive the sale of the Part Exchange property, achieving you full or above market value.
Benefits to your customers
- No estate agent fees – Reducing the cost of moving home.
- No chain – your customers will not need to worry about other people pulling out of their purchase or delaying their move.
- No delays – since your customer has a buyer for their home, they can move into their brand new home as soon as it is ready.
Part Exchange – How It Works
Step 1: Application
Complete our simple application form with your qualified customer and send to your dedicated team at Moving Made Easy.
Step 2: Valuation
We organise up to 3 local estate agents to value your client’s property, compiling a comprehensive report, with recommendations for a competitive marketing price, sent to you within 24 hrs to discuss your Part Exchange offer with your client.
Step 3: Agree marketing price
Once the Part Exchange deal has been agreed and the reservation has taken place, MME will instruct all agents to market the property on your behalf and in line your terms and conditions.
Step 4: Market the property
MME manage and drive all elements of the sale providing weekly updates to you of all activity levels and any offers received.
Step 5: Offer received
We manage all offers, financially qualifying all parties to enable you to have confidence in the proceedable chain to complete your reservation. We will then issue the sales memorandum to all parties.
Step 6: Offer received
Your dedicated Sales Progressor will drive the entire sales process from start to finish providing you with weekly progress reports.
Frequently Asked Questions
YES! Our Part Exchange scheme represents a great opportunity for Housebuilders to offer a stress-free approach to selling their prospects home. Putting them in a great position to reserve a new home. We put great emphasis on well-researched and accurate valuations to ensure the property is well presented to the market, to sell for its maximum value.
No, the PX property can be of a higher, lower or similar value to the one your buyer is purchasing.
We offer our Part Exchange scheme to house builders nationwide, helping them commit their buyers and sell their plots.
There is no catch, it is simply a way for the house builder to help commit their buyers to their new build plots, and is a great way to tie up the deal to help their customer reserve with them.
When using our Part Exchange scheme, there is no minimum value restriction for a property, however maximum value restrictions vary with developer terms and conditions. For example in most cases the property being sold would be 70-75% the value of the plot being sold.
PX is a great tool for people looking to move to a bigger or more valuable home.
No, you can use our scheme as and when you need to.
If you have any other questions, then feel free to get in touch on our web chat.
We can also drive sales progression on your behalf
Freeing up your sales teams to do what they do best
We understand that your sales teams are often busy with your customers, introducing them to your products and focusing on reserving plots. Managing the progression of your customer’s house sale is time consuming. We can help save time and help preserve the focus of your sales teams.
We work with housebuilders and house buyers up and down the UK, of all sizes:
- Driving sales progression forward on their behalf.
- Keeping in close contact with all parties.
- Providing reassurance and delivering completions helping sales teams to do what they do best, talk to prospective customers.
We focus on driving sales progression forward with teams of friendly experts who will:
- Keep in regular contact with you to provide all the reassurance and updates you and your team require.
- Work with all parties to drive the process forward on your behalf.
- Progress all links of the chain
- Provide regular, accurate and relevant updates.
If you need a friendly and tenacious sales progression team, then we can help.
What type of housebuilders do we work with?
We work with housebuilders of all sizes across the UK.
From small local developers with single sites to large national brands operating sites across multiple regions.
There are no minimum application levels
Get in touch to find out more
Here to help you make the most out of the current market and sustain your plot sales now and in the future. Get in touch to find out more.
We’ll talk you through the options and opportunities to commit your prospective customer to your new build plots.
Southern Office
01787 222 700
southern@mme.uk.com
Northern Office
0161 507 5700
northern@mme.uk.com
Western Office
01823 211 230
western@mme.uk.com