Now a days there are various companies offering you to take advantage of recession and provide you with "below market value / BMV properties", some of the names are Choices Acquisitions part of bigger group and also operate as choices co uk estate agents, fasttrackproperty, Axis etc (google bmv properties).
Most companies have free or reasonable membership fee (below £100) should you decide to become their member but some are over the top!!
Over the TOP would ask you for 2 levels of membership, to get Auction listings you pay £250 and to be their so called "retained client" you pay £1800, yes £1800!!
You will be made aware of lots of below market value property deals which can earn you or save you money and the aim is to get you on board as a client with positive feedback from (internet) clients you do not know or have any reference of. When you are up for the membership, you will be asked to provide your account or credit or, debit card details. Now be very careful here, sales people will be very fast, enthusiastic and quick enough to want you to confirm or "activate the membership" over the phone the moment you've given your financial details.
Remember, once you have paid the "membership" money and activated your account you can never ever claim it back, "better think it's lost" or stolen if you can live with that :-)
What are the real benefits in becoming a paid member, none!, Why?
1. Auction properties: You can get them for free from any auction site, it's simply free.
Call the auctioneers and they will be happy to provide you with the list via email or mail they have to sell their stuff to you and make commission, don't they.
2. Some will tempt you as their retained client:- If by any chance you decided to become their retained client (where you are promised the listing of property 1st) by parting with £1800, you will be asked to "commit" to the property you have never seen in your life so that can be taken off the market.
The moment you said yes, you are obliged to pay them their 2.5% commission upfront + any deposit required to secure the property (normally 10 percent).
What do you think?
