You have made the decision to sell your house and you may think that there is only one route to getting your property to market – via a traditional estate agent. However, there are more options open to selling your house, particularly if you want to sell it fast. Following we touch on estate agents, auction and cash house buyers as routes to selling your house: –
If you are not in a rush to sell your home, then estate agents are definitely worth considering hiring to do this. It is recommended that you do your research first about the which agent to pick and how much houses in your local area are selling for.
Bear in mind that selling your house through an estate agent can cost you between 0.75% and 3.5% of the sales price to your estate agent and that depends on whether you use one estate agent (sole agent) or you use numerous agents (multi agency). There is no guaranteed timescale on how long it will take to sell your house through an agent and addition to this you may be faced with being delayed further if the person buying your house is in a chain of buyers.
Selling your house at auction means bypassing an estate agent and all the marketing, viewing and potentially being caught up in a chain of buyers. Unlike estate agents, auctions work on a fixed timescale for exchange and completion. Usually exchange occurs on the fall of the hammer on the auction date and completion typically occurs 28 days later.
On the down side you will have to part with a fee of up to £500 which will not be refunded if your house doesn’t sell at auction. Currently approximately 30% of properties put up for auction don’t sell and those that do can be for less than the market value. If you are looking to sell your house quickly this can waste a lot of time which is why the next option of selling to a Fast Home Buyer, such as Halo House Buyers, might be worth investigating.
Fast Home Buyers (also known as Cash House Buyers)
Without a doubt if you are looking to sell your house fast then it is definitely worth exploring cash house buyers. The reason that they are also known as fast home buyers is because they do as their name suggests – they buy your house fast and for cash! Not only do you avoid agents and auction fees but there are no chains involved or watching your home linger on the market for months on end. So if you want to sell your house to a fast home buyer why not contact Halo House Buyers today for a no-obligation cash offer for your property.