How To Sell Your House Fast

It’s Not As Easy As You Think To Sell Quickly Even In A Good Market As Discovered By One Home Seller.

When it comes to selling your property in the UK, it is a general rule that you can expect to wait anywhere between 3 – 6 months for the sale to complete. This is a very broad statement, and a number of outside factors can come into play that will affect the sale speed, such as the situation of the buyer i.e. are they stuck in a chain, waiting for mortgage funds to be approved etc.

Only one thing is for sure when it comes to selling your property on the UK open market, the fact that there is no sure fire way to guarantee your property sale will go smoothly and quickly! So what happens if you ‘need’ a quick sale? What happens if you are in a situation where you are desperate for the cash from your home sale for whatever reason? The answer lies by avoiding the open market entirely by selling to a company like We Pay The Most.

The Problems With Selling Your House On The Open Market.

The open market in the UK is a minefield. Even in the peak times, when property prices are booming there are factors to consider that will deter the sale of your home, and not enable you to get a quick sale.

The Trouble With Buyers.

When you are looking for a fast house sale the first issue you have to deal with are buyers. They will and do mess people around and waste time. Finding a buyer that is genuinely interested in purchasing your home is the first step to any successful quick property sale.

The second step is to make sure that the buyer has the credentials to offer you a quick sale. Ideally what you need to achieve the fastest property sale is a cash buyer, with the funds ready to purchase. You may have to accept a lower offer for your home, but you will get the added benefit of a fast sale.

If you need to wait for your buyer to organise a mortgage, the likelihood is that you will be waiting at least 28 days for your sale to go through. That is just a rough guide and it will most likely be a lot longer than that.

You may also want to check that your buyer is not in any chain. If your buyer is in a small to medium chain you can expect your house sale to be delayed a minimum of 6 months. You will need for the buyer to sell their house, and possibly the buyer of their house to sell their house! It get’s confusing!

Selling Your House In An Auction.

Auctions can sometimes be a great way of achieving a quick home sale, however you also need to understand the downsides to selling via an auction. It is a common misconception that auctions are cheap, in fact auctioning a property can sometimes be the most expensive way to sell your home with some auction houses charging up to 5 per cent plus VAT to sell.
Some auction houses choose to charge the buyer, so it is always wise to ask this question before proceeding with an auction sale.

Your house will be completely invaded in an auction sale, with many viewers being able to arrange viewings prior to bidding, which will include window shoppers! You also have to prepare yourself for disappointment, as most people who go to auctions are expecting to ‘grab a bargain’. Therefore you can expect offers on your home to be around the 40 per cent below market value area.

Selling To A Cash Buying Company.

The quickest and easiest way to sell a property quickly is to a cash buyer, and the recent surge in cash buying companies has left sellers with a multiple choice when it comes to deciding on a company.

The benefit to a true cash buyer is that they can genuinely complete on a sale in 7 days for true cash, and it shouldn’t cost you anything. The only downside that you can expect is a discount to market value. However, if you add up the speed of the sale, the fact you won’t be paying any fees and the fact you aren’t dealing with a chain buyer it really doesn’t make a huge difference.

There are a number of companies that claim to be cash buyers that really aren’t so what you need to look for is a company that can a. provide you with proof of funds, b. won’t drop their offer at the last minute, c. won’t charge you any fees, and d. won’t ask you to sign any lengthy contracts.

Remember, if it’s a quick sale you need the answer lies in cash buyers. Find a cash buyer for your home and you can sell in as little as 7 days, won’t pay any fees and can still negotiate a fair price for your property.