Need a fast house sale? We rank your options.
#1 — Genuine Cash Buying Company
- This is the fastest way to sell your home and receive the money in your bank.
- This is the only option that 100% guarantees a sale.
- Pros:
- There are no selling fees to pay.
- Your legal fees are usually paid for you.
- They will buy as seen.
- They can exchange within as little as 7 days.
- Considerations:
- You won’t get full market value, so expect around 85%.
- Choose a local company rather than a national company for a fairer price and a proactive, one-on-one service.
#2 — Auction
- A good option if your property has ‘issues’ like a short lease or a defective title.
- Considerations:
- This option does not provide a guaranteed sale. It is a gamble on the night that someone wants to buy your property.
- High fees — these aren’t payable by you but the buyer will factor them into the price that they offer.
- You won’t get full market value, expect around 75%.
#3 — Quick Sale Specialists (like Rezee)
- Good option if: traditional agents haven’t found you a serious buyer; your house has fallen through and you don’t want the same risk next time round; cash buying companies aren’t offering a high enough price.
- Sold on the open market so expect around 85-95% of market value.
- Fixed timeframes for selling (so only work with motivated buyers who commit to purchase by means of a non-refundable deposit).
#4 — PX with a new home builder
- Only relevant if you’re buying a new home so not an all-encompassing option.
- It’s only offered by house builders if you’re trading up.
- It’s usually around 95% of market value.
#5 — Change estate agent
- If you’re out of contract then it’s worth looking elsewhere if your property hasn’t sold.
- If you’re using an online estate agent, then try a traditional agent. Their fees may be higher but they only get paid when they sell, so they are at least incentivised to work hard on your behalf.
#6 — Bring in a second agent
- If your contract allows this then it can serve to make estate agents work harder and be proactive, resulting in a quicker sale (sometimes).
- Fees will probably be higher than average though (so expect around 2-3%).