If you have decided to sell your house, these are the options available to you. The option you choose may depend on a number of factors, like how quickly you want to sell your house, or how much you are prepared to pay estate agents and others to handle the sale.
Here are the main options:
• Sell your house through an estate agent
This is the preferred method of 90% of homeowners who have decided to sell up. Most estate agents will typically charge between 1.5% and 2.5% of the sale price plus VAT.
Alternatively, you could use an online estate agent which, though subject to the same rules that govern traditional estate agents, will offer you a cheaper service. This is normally around 0.5% to 0.75% of the sale price, though you will need to do more of the work yourself, like showing prospective buyers around the house.
• Sell privately
There are now 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.
While this is cheaper than using an estate agent, private sales sites will not market your house like an estate agent, and you will need to put a lot of work in yourself.
• Sell at auction
This is one way of securing a quick house sale, as the deal will 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. Autions do not happen every day of the week and there is no guarantee that the property will sell on the auction day.
Generally, auctions are used to sell properties in disrepair, those that cannot be sold through an estate agent and homes that have been repossessed.
• Sell to a cash buyer
While you will not receive the 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.
If you need to move quickly for new employment, emigrate, and need to stop the repossession process, this is one way to solve the problem quickly, and, though you may have got more for the house through an estate agent, you will not have to wait months for a sale. The sale can be concluded precisely to fit your timescales.
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. We are able to buy your house quickly. Plus we can offer flexible terms to suit your needs such as delayed completion dates.Visit our testimonials page and the FAQ’s to see how our service works in practice. Alternatively please call freephone number 0800 634 5892 to discuss, without obligation.