Is it speedier to sell your Bexley home to a quick property buyer?
Homeowners wanting a fast sale of their houses or flats will need to choose between using a fast home buyer such as LDN Properties, selling via an auction, or using an estate agent. Each approach has its own advantages depending on your particular situation and needs.
Fast home buyers specialise in completing the purchase of properties as fast possible, generally within a few weeks after you first contact them for an offer. This can be incredibly helpful for people looking to sell in a hurry as you won’t have to worry about hosting viewings for people to come and see your home or have to deal with multiple competing buyers at once.
Another advantage of selling to a quick home buyer is that the reputable companies tend not to charge any fees, so you can count on getting the full proceeds from the final purchase offer.
An auction can sometimes be a good idea if your home manages to generate a lot of interest from buyers so that on the day of the auction, they try to outbid each other, which will push up the final bid. However, there is no guarantee that this will happen and you’ll have to be prepared for possibly having to accept the minimum lower reserve price you agree with the auctioneer.
There can also be some delays involved with selling using this method, such as a wait of possible a few weeks between the day on which you enter your home for sale and the day on which the auction takes place. And even if your home manages to sell, you could still be waiting a number of weeks after until all of the legal paperwork for the sale can be completed.
And auctioneers will also charge you fees that will reduce your net profit from selling, although in some situations the seller is able to pass this cost on to the top winning bidder.
Or you could try to sell your home through an estate agent, and they will do a lot of the hard work by creating a listing for your property and advertising it to potential buyers. But you’ll have to put up with time-consuming and potentially inconvenient viewings at your home.
There’s also no assurance about when your house or flat might sell, and it could be many months or even longer before you get any serious offers to buy the property.
Estate agents, like property auctioneers, will also charge you commission for the work that do in selling your home, which you’ll have to account for when planning your future budget.