What’s the fastest way to sell a house?

The fastest way to sell a house is to a cash buying company (or an investor). You have the choice between choosing between national or local companies. Do your research before choosing though— from checking out real customer reviews to making sure that they have access to cash funds and the timelines that they tend to operate to.

Whatever property cash buying company you choose there are certain things that are pretty standard:

they will buy as seen so there is no need to waste time or money getting your home ‘ready to sell’;
they can exchange quickly (usually between 7-14 days);
they don’t charge selling fees (as there is no middle man estate agent involved);
they offer a guaranteed sale since they are the buyer with access to cash funds;
they will offer slightly less than ‘open market value’ for your home but it’s a trade off that most sellers are happy to make in favour of speed and ease of process. Plus with the absence of selling fees and costs to get a property fit to sell, the difference for a guaranteed sale usually doesn’t work out that high.

The second fastest way to sell a house completely depends on market conditions, location, condition of the property, and more.

Here are some other potential options to consider:

1. List with a local estate agent and price low

Everything will sell if the price is right. But the open market doesn’t guarantee speed. For example, if your property isn’t in good condition or the market is slow, then regardless of a low price it could take some time to sell. Plus, you’ll also probably end up with more cash in your pocket by choosing to go with an investor or a cash buying company.

2. Auction

it’s a gamble on the night that you could win or lose. You have no real control over the price; set a reserve and you might see less bidding at the event, opt for no-reserve and you could get low-ball offers or hugely exceed expectations. Either way, it’s not cheap to sell via auction with high fees (often charged to the buyer but reflected in the price that they offer you), and a lot of pre prep required.

3. Use multiple estate agents

If you’re struggling to get traction in the market, a different approach may be necessary. There’s no rule against using multiple agents to list your home unless you’re under a ‘sole agency’ agreement. Utilising a second or third agency will almost certainly attract more buyers, and while you will inevitably incur more costs, it could be worth it especially if you manage a quick sale.

4. Part exchange with new homebuilder

Obviously this method of selling will only appeal to those interested in buying a new build. If you are though, and the housebuilder offers such a scheme, it is certainly worth having a conversation with them about part exchange. Fast and relatively simple; you’ll no longer have to worry about attracting a buyer, there’ll be no property chain to worry about, and you won’t be losing any money on estate agents’ fees.

5. Give your house a spring clean

First impressions count for everything. If you want your house to appeal to buyers, make sure it’s looking as good as ever when you come to sell. Remember, estate agents will be coming around to take pictures. Potential buyers will be arranging viewings. Clean, clean, and clean again. Ensure the property’s best features are suitably on display, but try not to show off too much of your interior personality. You want to help encourage prospective buyers to see themselves living there after all.

If you live in Hull or East Yorkshire and need to sell your home quickly, then call us on 01482 655346 and our team will run you through our options.

1. List with a local estate agent and price low

2. Auction

Leave a Reply Cancel reply