72 SOLD Lawsuit is an action taken against a company called 72 SOLD which is owned by Greg Hague and Keller Williams as a partnership. It initially aimed to sell houses within 72 hours but currently aims to sell within 8 days and also promises that the homeowners who sell houses through this platform can gain up to 7.8% more than the traditional method. It also claims that the people who buy houses can receive up to 1.25% cashback.
However, there is a lawsuit against the company for false advertising and not following the promised timeline. It has raised several arguments related to hidden fees and commissions, which affected both buyers and sellers.
72 SOLD Reviews
There are both positive and negative reviews from people about the service provided by the company. Many sellers are happy to sell their houses in a short period and with higher offers than their expectations. However, some sellers are sad due to the complex process. They have reported that it took more time to sell their houses than its advertisement and in some cases, it took up to 60 days.
72 SOLD Complaints
72 SOLD has faced various complaints regarding its service. Among these, delay in house selling is one of the most common complaints in which the company promises to sell within 72 hours but in reality, the process takes a much longer time. The uncleared fees and commissions are another big complaint that the company is facing. Similarly, another complaint is about the limited availability of the service faced by the sellers who are in remote areas.
72 SOLD Keller Williams
Keller Williams, known for the largest and most successful real estate franchises in the world announced its partnership with 72 SOLD on June 13, 2022. This partnership allows agents of Killer Williams to use the home-selling facility of 72 SOLD and helps 72 SOLD expand its reach worldwide with the help of Keller Williams.
72 SOLD Listings
Platforms like Zillow, Realtor.com, Redfin, and other major real estate websites are promoting the listings offered by 72 SOLD for the higher visibility of the properties. According to some media, in some areas like Phoenix and Scottsdale, the houses listed within this program have sold quickly and with higher amounts than expected.
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FAQs on 72 SOLD Lawsuit
What is the meaning of 72 sold?
72 sold is a company that initially aimed to sell houses within 72 hours but currently aims to sell within 8 days.
Is 72 sold a legitimate company?
Yes, 72 sold is a legitimate company helping in the real estate house-selling program since 2018 and has established a partnership with Keller Williams.
What are the main allegations against 72 Sold?
The 72 SOLD lawsuit was filed claiming various allegations which includes hidden fees and commissions and not following the 72-hour selling promise.
What is the response to the 72 SOLD lawsuit?
The company has strongly defended its program saying that the lawsuit is based on a misunderstanding or misinterpretation of their business model and also stated that they can achieve their promises.
