Have you had your property on the market for a while without getting a sale? Perhaps you need to sell your home quickly so that you can raise capital for a new business, or pay off outstanding debts. Whatever your reasons, you can follow these three steps to a faster sale.
Research the alternatives
If you're looking for an alternative to selling through an estate agent, make sure you do your research. There are many companies across the UK that offer to sell your house quickly, but you may prefer a property auction, or to sell your house privately. If you decide to use a specialist company, research each one carefully. Some work just on a local basis, whereas others operate across the UK. Some may charge upfront for a survey – which may be non-refundable – whilst others don't charge any fees at all. Some may cover your legal fees, whilst others will expect you to hire and pay for your own solicitor. Make sure you're happy with the company before you commit to their services.
Decide on a price
A faster sale nearly always comes at a lower price. To get a top price, you need to sell through an estate agent on the open market, but if this doesn't fit in with your plans, or you've tried it without success, you need to be prepared to sell for slightly less. A faster sale is usually a cash sale, and buyers may ask for a discount of between 10% and 20% of the open market value of your home. You have to decide on the lowest amount you will accept before you ask any specialist companies to value your home. Remember that if you use a property auction site, you could get a higher price than your thought.
Be ready to leave
A faster sale can be anything from a few weeks to just a few days. You need to know how quickly you want the sale to complete, and have made plans for where you are going to live once the sale goes through. You may want to make arrangements to rent your house back from the buyer, or you may have already paid a deposit on a new home, an overseas property, or a rental property. The more prepared you are to move on once the sale is complete, the smoother the process will be.
You can get the faster sale you need if you look at the alternatives, are prepared to sell at a lower price and have made plans for your future living arrangements. A professional property company will help you every step of the way, making sure that you are fully informed, and answering any questions you might have.
If you need help to get a faster sale for your property, contact us at Discount Property Auction. We're committed to helping you, whatever your circumstances. If you want to sell your home, you can use our dedicated online auction facility, which allows you to upload your property yourself and put it in front of genuine, interested buyers. Call us now on 0800 1313 999 or email admin@discountpropertyauction.co.uk to arrange a valuation today.