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    PropertyMax Review: A Quick and Easy Way to Sell Your House for Cash?

    Posted by Clark Callen Posted at September 30, 2024

    PropertyMax is a real estate company that specializes in buying houses directly from homeowners for cash. They claim to be able to close deals quickly and purchase your house in any condition. This can be an attractive option for sellers who need to sell their house fast and avoid the hassle of a traditional listing.

    In this review, we’ll take a deep dive into PropertyMax’s services, including the types of properties they buy, their selling process, payout options, and customer reviews. We’ll also compare them to their competitors and explore alternative options you might consider before selling your house to a cash buyer.

    Is PropertyMax Legit?

    PropertyMax is a legitimate company with a physical address and phone number. They are accredited by the Better Business Bureau (BBB) with a customer review rating of 4.14 out of 5 stars. However, it’s important to note that the BBB accreditation doesn’t necessarily guarantee the quality of service. It’s always wise to do your own research and read customer reviews from various sources before making a decision.

    Here’s a quick breakdown of PropertyMax’s ratings across different platforms:

    • Google Rating: 4.6 stars (131 reviews)
    • Yelp Rating: 2.5 stars (13 reviews)
    • BBB Customer Reviews: 4.14 out of 5 stars (1 complaint closed in the last 3 years, 0 complaints closed in the last 12 months)

    As you can see, PropertyMax has a positive rating on Google and the BBB, but their Yelp rating is significantly lower. It’s important to consider these varying reviews to get a well-rounded picture of customer experience.

    What Types of Properties Does PropertyMax Buy?

    PropertyMax claims they can buy houses in any condition, including:

    • Single-family homes
    • Condominiums
    • Townhouses
    • Inherited property
    • Vacant properties
    • Properties with liens or code violations

    They mention that they are particularly interested in houses that need repairs or renovations.

    Coverage Area

    PropertyMax operates California, Oregon, Texas and Washington in the United States.

    Selling Process with PropertyMax

    Here’s a simplified overview of the selling process with PropertyMax:

    1. Request a free offer: You can submit your information and details about your house on PropertyMax’s website. They claim to get back to you with a cash offer within 24 hours.
    2. Review the offer: Once you receive the offer, you can review it and decide if you want to proceed. There’s no obligation to accept the offer.
    3. Schedule a closing: If you accept the offer, PropertyMax will schedule a closing date that works for you. They claim to close deals quickly, often in as little as two weeks.
    4. Get paid: At closing, you’ll receive the cash for your house. PropertyMax covers all closing costs.

    Payout

    PropertyMax pays in cash at closing.

    Reviews from PropertyMax Customers

    Customer reviews for PropertyMax are mixed. Some customers praise the company for their fast and hassle-free selling process, while others express dissatisfaction with the offer amount they received. Here are some common themes found in customer reviews:

    • Positive Reviews:
      • Fast and easy closing process
      • No need for repairs or renovations before selling
      • Cash offer received within a short timeframe
    • Negative Reviews:
      • Offers below market value
      • Limited communication throughout the process
      • Difficulty reaching customer support

    Pros and Cons of Selling to PropertyMax

    Pros:

    • Fast closing: PropertyMax can close deals quickly, which can be ideal if you need to sell your house fast.
    • Cash offer: You’ll receive cash at closing, eliminating the wait time for a traditional mortgage.
    • No need for repairs: You don’t have to worry about making repairs or renovations before selling your house. PropertyMax will buy your house “as-is.”
    • Nationwide coverage: PropertyMax operates throughout the United States.

    Cons:

    • Lower offer amount: Cash buyers like PropertyMax typically offer below market value for your house.
    • Limited negotiation: There’s likely less room for negotiation compared to selling through a traditional realtor.
    • Limited communication: Some customer reviews mention difficulty reaching customer support.

    PropertyMax Competitors

    PropertyMax faces competition from several other cash home buying companies, including:

    These companies offer similar services to PropertyMax, and it’s wise to compare offers from multiple companies before making a decision.

    CompanyProsCons
    PropertyMaxFast closing, cash offer, nationwide coverageLower offer amount, limited negotiation, limited communication
    We Buy Ugly HousesWell-known brand, may accept houses in very poor conditionPotentially even lower offers than PropertyMax
    OfferpadUses technology for faster closing times, may offer online quoteLimited traditional customer support
    Sell My House FastStreamlined process, focuses on speedMay not be suitable for complex situations
    Express HomebuyersFocuses on customer service, may offer more flexibilityMay take longer to close compared to other cash buyers

    Here are some factors to consider when comparing PropertyMax to its competitors:

    • Closing speed: How quickly do you need to sell your house?
    • Offer amount: How important is getting the highest possible price for your house?
    • Customer service: How important is it to you to have a good experience working with the company?
    • Flexibility: Do you need a company that can handle a complex situation, or are you looking for a simple and straightforward process?

    By considering these factors, you can narrow down your options and choose the cash home buyer that’s the best fit for your needs.

    Other Options You Should Consider

    Selling your house through a traditional realtor might be a good option if you’re not in a hurry to sell and want to get the most money possible for your house. Here are some of the pros and cons to consider:

    Pros:

    • Potentially higher selling price
    • Realtor can handle negotiations and marketing
    • May be a good option for complex situations

    Cons:

    • Can take longer to sell your house
    • You’ll need to make repairs or renovations to get top dollar
    • You’ll be responsible for paying closing costs

    Reviews: Should You Sell to PropertyMax?

    The decision of whether or not to sell your house to PropertyMax depends on your individual needs and priorities. Here are some things to keep in mind:

    • If you need to sell your house fast and are willing to accept a lower offer amount, PropertyMax could be a good option.
    • If getting the highest possible price for your house is your top priority, you may be better off selling through a traditional realtor.
    • It’s important to get quotes from multiple cash home buyers before making a decision.

    Here are some additional tips for selling your house:

    • Do your research: Learn about the different ways to sell your house and the pros and cons of each option.
    • Get multiple quotes: Don’t just accept the first offer you get. Get quotes from several cash home buyers and traditional realtors to compare prices.
    • Negotiate: Don’t be afraid to negotiate the offer price, even with a cash buyer.
    • Consider all the costs: Factor in closing costs, realtor fees, and any repairs you’ll need to make before selling your house.

    By following these tips, you can make an informed decision about how to sell your house.

    FAQs

    1. How quickly can PropertyMax close on a house?

    PropertyMax claims they can close deals in as little as two weeks.

    2. Does PropertyMax pay all closing costs?

    Yes, PropertyMax covers all closing costs.

    3. Is PropertyMax a good option for selling my inherited house?

    PropertyMax can be a good option for selling your inherited house quickly and easily, especially if the house needs repairs. However, you may be able to get a higher price by selling through a traditional realtor.

    Contact

    Website: https://www.propertymax.com/

    Phone: (503) 908-6502

    Address: 5075 SW Griffith Dr, Beaverton, OR 97005

    How can we help you?

    Answer a few quick questions to see how we can help you.

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