How do I sell my house fast?
Data released this month by HMRC shows that completed house sales in the UK have risen by 40% Whether this is the start of a recovery in the housing market or just a seasonal blip is yet to be seen. The blockage in the mortgage market does show signs of easing with more affordable products being offered by lenders. Estate agents are reporting buyers with lending in place are making offers.
Furthermore, many investors in a position to cash buy houses now believe the worst of the price falls are over and stepping back in to the market.
If your house is currently on the market and you are looking to attract potential buyers, how can you ensure that you have the best chance of achieving a quick house sale? Rapid Home Solutions recommend you should do the following:
• Reassess your estate agency agreement?
It is all too easy to leave your house on the market for sale with an estate agent and not assess how they are working for you to achieve that fast property sale. Has your estate agent arranged any viewings at the property? If so what feedback have they given you regarding those viewings and any offers that have been made? Can you contact your agent easily when you are looking for updates? If not, it is unlikely that potential buyers can contact them easily either. Where is your property being advertised? Ensure that it there are good photos and descriptions on the main internet based property sites and that you have seen your house advertised for sale in your local press property section regularly.
If you have had no viewings on your property and little feedback from your agent, then perhaps it is time to change agents or perhaps offer the property for sale with another agent on a multi -agency agreement? If you are not happy with your agent and you did sign a sole agency agreement, check to see if the initial sole-agency time period has expired. Don’t make your choice of agent purely based on the commission they charge. A new agent with a different approach, who can sell your house quickly, could be worth the extra cost.
• Can I make my property more attractive to potential buyers?
Listen to the feedback given to you by your agent before you put your house on the market for sale and following any viewings. As home-owners we sometimes get very fixated on what we think a potential buyer might find appealing. Your agent will be looking from a buyer’s perspective and is best placed to give you advice on anything that you can change to make the property look more attractive.
• Always remain flexible with offers.
It is a fact that in the current housing market, you must consider all offers on your property seriously. If an offer is lower than expected, don’t dismiss it immediately. The most important thing is to look not just at the cash offer price. Ask your agent the following questions:
- What is the position of the buyer and do they have a property to sell?
- Do they have a mortgage in place?
- If they are offering cash for your house, do they have proof of funds?
- Have they a solicitor in place and are they willing to exchange contracts within a reasonable time frame?
Remember to offer your own incentives to the buyer especially if you are flexible with your moving date and are not caught in an upward chain? This will be attractive to any buyer. They may have made offers on other properties and are yet to make a firm decision.
If the open market has been unsuccessful and you are looking to sell your house fast, Rapid Home solutions may be able to make you a realistic cash offer for your house. For more information please visit:
www.rapidhomesolutions.co.uk/
About The Author
The opinions expressed in all news articles are those of Rapid Home Solutions Ltd. The material is for general information only and does not constitute investment, tax, legal or any other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation. |
