How To Sell Your House Quickly
September 26th, 2008You want to sell your house quickly. Looking at the news headlines this is easier said than done in the current economic climate. However, there are options available.These are will depend on key deciding factors: How much do you want or need a quick house sale? How much are you prepared to pay others to sell your house quickly? What flexibility you have in the sale price? And finally, how much control you want over the sale?
Pre housing market crash this was the preferred method of house sale. 90% of homeowners chose to use them. Most estate agents will typically charge between 1.5% and 2.5% of the sale price plus VAT.
There are a number of private sales websites around that can help you sell your home. Prices depend very much on the level of service you require, but you should be able to list your house for under £200.
You could place an advert in a local newspaper. This is a fairly low cost option but difficult to achieve a successful outcome as one advert does not attract he same attention as established property website advertising which is available to a wider audience to view.
This is one way of securing a quick house sale, as a deal could be concluded within a month of the auction date. You will typically pay 2.5% of the sale price for this. However, bear in mind that you must list the property with the auctioneers several weeks before the auction day and pay a fee of typically £200-300 on listing. Property autions do not happen every day of the week and there is no guarantee that the property will sell on the auction day. In fact, a recent article published in The Guardian stated that average sale prices at auction have fallen 23% since last year. Plus the success rate of achieving a sale at auction has fallen. This is largely due to the lack of credit in the market and distressed sales.
While you will not receive the perceived full market value for your property with this method, this is an excellent way to secure a fast house sale on terms that suit you.
Molae Properties are specialists in property cash buying. Our clients situations range from those simply looking for a quick house sale to those who are, relocating or facing repossession.
