What is The Fastest Way To Sell Your House?
Updated: Oct 1, 2020
With the average time of house sales completing at over 4 Months on average, it is becoming increasingly frustrating for homeowners. However, there are some effective tips and strategies you can use to get a house sale completed in as little as 1 Week.
Below we will identify some options you have at your disposal to maximise the potential of you getting a quick house sale.
Before you Start-
It is important for you to identify what the bottom line price is that you are comfortable accepting for your home, With that being said it is vital you do your own research on your local market to understand what a realistic price is for you Home. The more realistic you set your price the quicker you will get genuine attraction for you Home. Speaking to several different Estate agents should give you a better idea of the true value of your Home.
Once you have established the price you are realistically going to achieve for your property you will need to focus on your listing. A recent article by Tepilo states that over 98% of people start their house hunt online. Therefore your online listing is the single most important thing to consider when selling your property. Make sure there are plenty of professional photos from all nooks and crannies of your house - The more on show, the better chance you have at standing out from the crowd.
What options do you have?
Average selling time 1-3 Months
The most popular choice for homeowners and usually the default choice. Using a local Estate agent has its pros and cons. Let's start with the pros- They are usually the most knowledgeable when it comes to getting the right price for your property. They also usually have an endless database of potential buyers making it a safe bet your property will be seen.
One of the cons with selling your house with an estate agent is the costs. This is something that can really have an effect on the End price you actually get for your property once all the "fees" have been taken into account. Before choosing an estate agent is highly recommended to ask what their typical selling fees are and maybe negotiating on that once a buyer has been found.
Average selling time 1-2 Months
Not the typical choice for homeowners, however, this is becoming more and more popular. One of the biggest benefits to selling your house at auction if you have the reassurance that once the hammer goes your property will be sold. The downside with choosing to sell at auction is you are not guaranteed to necessarily get the price you were hoping for.
Cash House buyers
Average selling time 7-28 Days
Although they come with a lot of negative publicity , Cash house buying services are without a doubt the quickest, hassle free way to sell your home. Usually the process will start with an initial enquiry followed by a call by an agent offering you a cash price on your home. It is down to yourself whether you are happy with the price they have offered. Services such as Mint Property Sales even offer to pay your solicitor fees giving you completely hands off cost effective way of selling your home. One thing to bear in mind when working with a cash house buying service is their genuine ability to follow through with the purchase. Reading through the companies reviews and making sure they are a member of the property ombudsmen should give you a good indication as to whether they are compliant and worth selling with.