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Old 10-22-2020, 06:57 PM   #21
bizaro86
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I used Properly and couldn’t have been happier. I even made money post sale!
Looks like they are a "we pay cash to distressed sellers" type place. How did you make money after the sale? That seems - surprising.
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Old 10-22-2020, 07:26 PM   #22
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Looks like they are a "we pay cash to distressed sellers" type place. How did you make money after the sale? That seems - surprising.
I expanded on my OP.

I promise you they are legit, not at all a distress buyer.

I paid a sellers premium of 5.9% across the board instead of the usual 7/3 model.

So yes I paid but when u compare the costs of your mortgage while it takes 7months to sell plus the inconvenience of showings and the stress of waiting for offers, it was more than worth it.

Not too mention they even paid my closing costs!

Last edited by Poster; 10-22-2020 at 07:32 PM.
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Old 10-23-2020, 08:37 AM   #23
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I used Properly and couldn’t have been happier. I even made money post sale!

It’s not a scam and they paid me fair market value minus their 6% across the board premium. I could have had my cash in 5 days.

They also paid me a 75% of all dollars above a sold benchmark. In my case, they got $5k more than our agreed benchmark, I got 75% of that after the sale.

For comparison, my neighbor had his house on market for 7months, we closed the same week and I got more (before the post sale bonus).

No showings was great

Oh and they flipped/sold in March, during the start of Covid and the oil crisis.

Check them out, it’s really a great program if your house qualifies.

I was interested in checking out Properly as well. But am I reading their site wrong right now? have they paused buying houses at the moment?
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Old 10-23-2020, 11:11 AM   #24
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I was interested in checking out Properly as well. But am I reading their site wrong right now? have they paused buying houses at the moment?
Good question, if you DM me I can send you the contact I worked with if you want to email her.
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Old 10-23-2020, 04:48 PM   #25
bizaro86
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I expanded on my OP.

I promise you they are legit, not at all a distress buyer.

I paid a sellers premium of 5.9% across the board instead of the usual 7/3 model.

So yes I paid but when u compare the costs of your mortgage while it takes 7months to sell plus the inconvenience of showings and the stress of waiting for offers, it was more than worth it.

Not too mention they even paid my closing costs!
Sorry, looks like I had the wrong site. Interesting model. Did you use their realtor for your purchase? I put my address in and it said not available in Calgary right now.
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Old 10-23-2020, 10:56 PM   #26
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I might have been their last sale? I closed on Feb 18 and I believe they closed end of March on their flip.

I’m so grateful I was able to offload my house just before the Covid freeze on sales.
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