Selling your house can be one of the most stressful things you have to go though and unfortunately this practice is oftentimes forced on people. Due to several external factors many people out there find themselves in situations where they need to sell their house as they have no other option left. The operative word here is need rather than want. Mostly it is due to the financial urgencies, emigration, separation, divorce or the repossession threat and eviction. Such circumstances selling property on the open market through an estate agent is certainly not the perfect solution due to the time it consumes.
Selling property through an estate agent is generally the preferred route of most sellers and accounts for 90 percent of the sales. The reason why this technique continues to be so popular is that it allows the sellers to get the best price possible for their house. Taking a quick note, the market value and is it really the price that people are willing to pay for the house. Sounds very simple but it are imperative to figure out that the value of the house is what people will pay for and not what the estate agents or surveyors say. Most of us have seen three different estate agents value the same house and come up with three different options. They are basically guesstimates but many people opt for the highest one and hold on to it.
Selling through the estate agent generally takes anywhere between 6 to 12 months with 6 months being average. It is also worth bearing that that one in three of these sales breaks down as the sale chain breaks. The seller and the buyer then have to start all over again. So this is not the best solution if you are considering selling your house quickly. Those who do are increasingly turning to professional house buying services as well as the conventional auction approach.
House buying services can offer you the best option to all those who intend to sell their house quick. So what they generally offer include:
- Exchange within days and completion of the deal in less than a month
- Guaranteed sale
- Pay sellers legal fees as up to £500 which generally covers the total cost
- No estate agency charges
- No HIP is needed by the seller as it is a private sale
- Most of them offer option to rent back if you are in a financial emergency
- Some of them also offer the option to buy your house at a fixed price in the near future
This is basically all about it. You can get an assured sale with no fees to pay at all. So what is your catch here? Why doesn’t everyone opt for these services? Well the biggest reason why many people opt for these services are the ones who are considering having a quick house sale. The house buying companies are going to offer you buy your house at a discounted price. It is normally 20 to 30 percent below the market value. Therefore, if you have a property worth £100,000, then they will make an offer to buy your house somewhere between the range of £70-80,000. They opt for this discounted price as they are in a business to make a profit – they generally try and make a 5 percent profit for every single purchase they make. 5 percent is generally all they get after the costs of marketing, buying, waiting for the house to be resold and selling costs. Sell your house quickly for cash with quickhousesaleforcash.co.uk
In conclusion, if you are thinking of making a quick house sale and are willing to sell your hour at 70 to 80 percent of its market value then this approach is worth considering. If you would want to have a quick sale, this is your best option!