Selling your house quickly and achieving the very best price can go hand in hand. Most house sellers think that if their property sells quickly then they must have undersold it.
Sometimes that’s true but more often than not the best offers come at the start of the marketing period.
What I’d like to do here is share with you exactly how I got my home selling fast and so If you want the same result, all you have to do is follow my step by step guide…
source: Rightmove (Sherbourn, Dorset)
Step One (Timeframe):
Exactly How Quickly Do You Need To Sell?
Selling a house isn’t something that you do in a couple of hours.
If you’ve tried it before you’ll know that it takes quite a lot of preparation of all sorts and that finding a buyer isn’t always the easiest thing to do either.
Sometimes you need to get rid of a property real quick.
Even though you won’t be able to sell your house in a day, these tips and tricks may help you speed up and smoothen the process.
Step Two (Motivation):
Determine Your reason For Needing A Quick Sale?
There are tons of reasons why people would want to sell house fast.
You may have moved out already or you’re planning to move because you already have another property that better suits your needs.
In that case there is no need in having to maintain another property you’re not going to use.
You can’t keep up with your mortgage payments
You want/ need more space
With today’s economy this is a common case for quite a few people.
Selling the house sometimes looks like the only option.
If you haven’t done so already you’ll want to try talking to your lender.
There might be a chance that the payment terms can be altered here and there and you don’t have to sell the house yet.
People sometimes overlook the fact that they can renovate their current property of build an extension.
Utilising an overlooked attic or storage room can offer a surprising amount of space.
Step Three (Professional Help):
Hire The Right Estate Agent For Your Property
Most people that try to sell their houses use an estate agency.
Their job is to bring a property on to the market and they conveniently introduce buyers and sellers to each other.
Their fees can range from 1.5% to 4%.
So you’ll need to consider whether it is worth it or not.
If you decide to go without an agent you have the option to market your property yourself.
You can go online for tips and advice to do so.
If you’re going to work with an agent it is important to do some research first.
Look at the agent’s selling history, and other people’s experience with the agent.
Step Four (Preparation):
Get Your Home Dressed To Impress
An important aspect in the process is that the property should look as appealing as possible.
Think about it.
Would you be attracted to go look at a house of which the paint is peeling of?
Not really, right.
This is why you should make sure the looks it best for potential buyers.
Things to check:
• The garden/ lawn should be mown
• The paint in all areas of the house should look good. Not peeling off or anything.
• Put away toys and other things, clean up desks, make beds
• Dust off everything
• Keep the lights on in key rooms such as the dining room, living room, bedrooms, kitchen etc.
• Fix what needs to be fixed
• Store away any extravagant décor.
Not all buyers like this and you’ll want the house to look attractive to most.
Step Five (Price):
The Asking Price Is Key To Your Success
When deciding on the price it is advised to do your own research first.
Get to know the current local market.
Take a look at similar properties.
You can even go to viewings of other properties.
Then get valuations form a couple of estate agents and make a comparison.
Also a good tip is to keep in mind that people love discounts, so always add 5% to 10% to the amount you’re willing to agree to.
Step Six (Offers):
Choose The Buyer That Can Complete The Deal
After getting a couple of offers you accept the one that meets your needs and expectations.
Your estate agent will inform all parties in written about the sale of the property, the solicitors can then start drafting the contract.
The buyer may also ask you to take the property of the market.
Step Seven (Finalise The Sale):
Your Conveyancing Solicitor Will Guide You
If your buyer has a surveyor, he will come to inspect the house a couple of days after the offer.
If all is well, contracts can be exchanged, payments can be made and the sale can be finalised.
Step Eight (Transfer Ownership):
Letting HM Land Registry Know You’ve Sold
Once the sale has completed, the right of ownership will be legally transferred to the buyer.
You’ll need someone to take care of your legal work, such as transferring the ownership of your property.
For this you need a solicitor of conveyancer. This is normally done through a process known as the conveyancing process.
Once the buyer becomes the legal owner of the house, your involvement in the house will be over.
- 1 Step One (Timeframe):
- 2 Step Two (Motivation):
- 3 Step Three (Professional Help):
- 4 Step Four (Preparation):
- 5 Step Five (Price):
- 6 Step Six (Offers):
- 7 Step Seven (Finalise The Sale):
- 8 Step Eight (Transfer Ownership):