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Sunday, October 26, 2008

Need a Fast Home Sale?

This report will show you the tricks and secrets you must know if you need a fast property sale of your property.

 

Selling property can be one of the most stressful things you will ever do. 90% of people sell through an estate agent so this must be the way to go right?

 

Well, it depends on time pressure you are under. When selling through an estate agent you will normally have to go through these stages:

 

1. You need to pay for and complete any renovation and refurbishment necessary (2-3 weeks)

2. You will need to conduct multiple viewings (4 to 8 weeks)

3. If your estate agent finds you a buyer, you will need to wait a few months for the buyer to arrange a mortgage (8 to 14 weeks)

4. If the buyer is in a chain, you will need to wait for their home to sell before yours can be purchase (2-3 weeks)

 

This can take between 4 to 7.5 months! This is a long time in anyone’s book! It is a also a sad fact that 1 in 3 chains break down at the last moment due. It only takes one person to pull out and the whole chain falls apart.

 

How to sell in less than 4 months

However, even with these obstacles in mind it is still possible to sell your home in less than 4 months by these following tips (and having luck on your side):

 

1. Get a reliable, reputable estate agent.

2. Finish off any necessary DIY jobs

3. Thoroughly clean and de-clutter you home

4. Depersonalise your house and go neutral

 

Point 1 is very important as unfortunately some estate agents are not good. As the Office of Fair Trading said:

 

"Consumers entering the home-buying or selling process are substantially disadvantaged by the way estate agents currently operate"

 

Now, in fairness there are some great estate agents out there but they seem to be hard to find. Will you be lucky enough to uncover a good agent? Are you prepared to pay 1.5 - 2.5% +VAT (i.e. the price of a new kitchen) to find out?

 

So what it the alternative??

One of the more popular alternatives if you need a quick home sale is using a specialist home buying company to help you. They can purchase your property directly from you with out the need to go through an estate agent. You will not have to pay solicitors fees, estate agency fees or for a Home Information Pack. These companies will not offer you the market value of your property (normally 15-25% less) but they can offer you a quick hassle free home sale

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