What are the Options to Sell My House Fast
Apart from the traditional estate agent, which can be quite a lengthy process there are surprisingly quite a few different options available for those who wish to sell their house quickly. Here we will discuss the pros and cons of a few of thos options.
Sell your house fast at auction
The auction house is one of the most commonly known alternatives for a seller if they require a quick sale. Even though the auction house is an obvious solution it doesn’t necessarily mean that you will achieve a decent deal. Firstly, it is very realistic to achieve a fully completed sale within 30 days. This is because the buyer will initially put down a 10% deposit on the day and then has to fully complete within 30 days. In-fact it’s because of this time frame that normal buyers (who would purchase with a mortgage) cannot buy at an auction. Therefore a buyer at auction needs to either pay with cash or use a risky bridging loan which is costly and they are gambling that they can close the loan by attaining a mortgage at a later date.
Also, you have to consider the other properties for sale in the room. Approximately 50% of auction stock is from the banks. It is their only route after an estate agent at the end of the day so they will often offload at very cheap prices and any loss to themselves they pass onto the original property owner anyway. So in summary you are currently looking at around 30- 40% discount if you are to sell at an auction.
What if I sell my house online
At You Sell Quick, you could choose to sell part your property now i.e 60% and still retain 40% ownership meaning that you receive 100% of the market value. Not only will selling part now and part later make you more money if property prices rise in the future. But also when looking at the alternatives wouldn’t you rather keep 40% of the equity than sell at a 40% loss!
“YouSellQuick gave me a very good deal and helped me through the whole process.”
“I got exactly what they offered in my bank account, nothing less, no extra fees or commissions.”
We can buy your house right now, please contact us
We can give you a preliminary offer over the phone
Final offer is subject to independent RICS valuation