The old art of selling fivers for a…
The old art of selling fivers for a quid! Cross Estates, overvalued and undersold! Avoid our mistakes!!!
From a valuation of 500,000 GBP nearly two and a half years ago, to final sale price of 370,000 GBP (-26%) shows the real bottom line of having a property, in Carbis Bay, sold by Cross Estates. The housing market may have dropped since the original valuation, but by 26%????
After an initial flurry of hype of how Cross Estates had international and domestic clients lined up, the reality was something else. Having clearly over valued it at the start, we only had 14 viewings in the following two years . They spent nothing on advertising. Finally it was sold as a fire sale for 130,000 less than their original valuation, yet they had the cheek to charge their full fees. We looked at Bradleys but in the end we were stuck with sole agency with Cross Estates, a very poor, and costly decision. Unfortunately we were not the sole owners of the property and our probate interests were not fairly represented. Cross Estates were asked to keep us informed but failed to do so.
Interestingly Bradleys has just sold an identical property on the same street for 20,000 more than Cross Estates.
If you are considering selling your property with Cross Estates, I would strongly advise against it. SELLERS BEWARE!
Cross Estates merits 0 stars as an estate agent. The full 5+ stars as cowboys.