Are you thinking of putting your house on sale but you do not know where to begin? Well, you can either sell your house through an estate agent or a quick house sale company. If you want to sell quickly, selling the traditional way is not advisable because your property is likely to stay on the market for a while before you can get an ideal buyer. On average estate agents take 6 months to sell a property! We buy any house fast, and can complete on a sale in 7 – 10 days.
In fact, with the open property market you may have people viewing the property without making any offers. In some instances, the buyer may back out of a sale at any time leaving your stuck. As such, it is important to weigh in on the advantages and disadvantages of selling property the traditional way vs selling to a quick sale company before reaching a decision on the channel you will use to sell your property.
Here is what you need to know about the traditional sale of property:
Selling property through the traditional channel presents and advantage to you because chances are you might just get a better price offer if you list the property in the open property market for a reasonable period. This is because when you receive multiple offers from prospective buyers then you will have to choose who you will sell the property to and at what cost. Furthermore, some buyers may love the property so much so that they are willing to pay a premium to acquire it.
The downside of selling through the traditional way is that while you have the property listed, the solicitor will have adequate time to run extensive checks on the property. These may include Environmental searches, landfill search to check the risk of flooding among others. These usually take a long time hence you may have the property waiting for a long time before you can obtain the results and eventually complete the sale. As such, this is not an ideal option if you are looking to sell your property fast.
All about the quick house sale process
If you need to get through the house sale process fast emotionally and monetarily, a quick house sale is a better idea. The main advantage of a quick house sale is that you are guaranteed of selling your house within a short time regardless of its condition. In fact, the sale can be completed in just seven days and you have money wired into your account. Even then, you need to ensure that you have sufficient information about the quick house sale company that is buying your property. Remember, some of the quick house sale companies my employ unethical tricks just to get business only to end up turning around and reducing the price offered for your property without offering a proper reason. If this happens, be sure to ask for evidence to support the price cuts. Ultimately, whether you sell your property through an estate agent or you sell to quick house sale company is entirely determined by your immediate needs and what you want to achieve at the end of the sale. All you need to do is ensure that regardless of the option you opt for, your rights are safeguarded.