How To Make A Quick House Sale (and save on Estate Agency fees)

estate agent saving

Moving house can be a daunting prospect. You want to sell your old home quickly so that you can focus on setting up your new home, whether it is down the street or across the country.

The average home in the UK takes two to three months to sell when using an estate agent, although this figure can vary. If you’re on the unlucky end of that average, it might be half a year or more before your home is safely sold.

In the meantime, you may be stuck paying a mortgage on your old house and your new home simultaneously. This is quite a strain from a financial perspective, and an unwanted cost and distraction from your move. If you’re in a position where you need to move house soon, perhaps for a new job, you may find yourself stuck in the middle between not being able to afford to move and not being able to afford not to.

The stress of an unsold house can be a massive burden from a psychological perspective, one that you don’t need to deal with.

Tips For Selling Your House Quickly

There are a few things that you can do to help your house sell quickly.

You can work on a few home improvements, taking care of odd jobs here and there to make the place look nicer. This may help, but it is not a guarantee of a quick sale.

Staging your home, that is, leaving a strategic amount of furniture and decor so that prospective buyers can picture themselves living in the home, may also help. This relies on having interested buyers, however, and is again no guarantee.

You can ensure that you have a reasonable asking price considering your type of property and location. An overly expensive house often will not sell, and you’ll end of wasting time and ultimately having to drop your asking price anyway. This wastes time that you will be meanwhile be stuck paying two mortgages.

For Guaranteed Quick Sales

If you want to guarantee a quick sale, using a cash buying company like Speed Property Buyers far exceeds the sale time of even a fairly rapid house sale conducted through an estate agent. Even if you are on the lower end of the average house selling time, you will likely still be waiting for weeks for your house to sell. Weeks can feel incredibly long when all you want to do is focus on moving into your new home and establishing yourself in a new location.

Speed Property Buyers will pay cash for a home in a matter of days, even if you never got around to giving the garden shed a new coat of paint. And not only do we buy homes quickly, but selling your home through us will allow you to avoid many of the fees associated with estate agents.

This chart outlines the price you can expect to get for your home selling through an estate agent as compared to selling to Speed Property Buyers, using an asking price of £100,000 as an example.

Speed Property Buyers Estate Agent
Asking Price £100,000 £100,000
Average Agreed Purchase Price £80,000 £95,000
Final Agreed Price After Survey £80,000 £90,000
Estate Agent Fees £0.00 £2592 inc. VAT
Cosmetic Repairs Needed £0.00 £750
Solicitor Fees £0.00 £1000
Council Tax and Other Bills £150 £1800
Mortgage Payments £0.00 £3600
Net Price Achieved £79,850 £80,258

As you can see, the average net price achieved through the two services is almost identical. Although the agreed asking price for Speed Property Buyers was slightly lower, there was huge savings in fees, repairs needed, and mortgage payments.

That means that you don’t need cash in hand to sell to Speed Property Buyers. You can sell your house quickly, without being caught between your old and new home, and go on without worries to enjoy life in your new home.

If you need to sell your house quickly, it’s worth considering alternatives to expensive & time consuming Estate Agents.

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