What’s the speediest option for selling your house or flat in Willesden?
When you’re looking to sell your London property, there are four typical options – using an estate agent, selling at an auction, selling on your own, or using a fast buyer. Each method has its own advantages, and some of them also have clear disadvantages. In particular, some approaches can secure a buyer very quickly whilst others might take many months or longer.
Read about the timelines of the four choices below, and find the one that best matches your individual needs. It can help to prepare a budget that details every fact and figure about the sale of the property, including how long you’re willing to wait, and whether you want to pay any fees. Match that budget against the facts below to find the option that works best for you.
You won’t have to do much work selling this way, because the estate agent will handle the preparation and advertising of a listing that features photographs of your home and describes its main features. They will also organise and typically lead viewings where people get to tour your property, and field offers from potential buyers, hopefully through to exchange of contracts.
But this can be a rather slow way to sell your house or flat, and you might be waiting for many months or even more than an entire year before receiving a serious offer from a buyer. There’s also always the danger that the buyer could abandon the sale before contracts are exchanged.
And you will be expected to pay estate agents commission for selling your home. This fee is subtracted right away from the sale proceeds.
Auctioneers also take on the majority of the work involved in selling your home, such as creating and advertising the listing, and hosting the auction. Their fees for this work are often based as a percentage of the final sale price.
This can be a time-consuming way to find a buyer, and you might be waiting for many months for all of the steps involved to be completed. In the event your home does not receive any bids during the auction, it will be unsold and you’ll have to start over with trying to find a buyer. This will naturally add even more time to the process of attempting to sell your flat or house.
Only recommended for people with experience selling homes, or who have a friend or family member willing to assist for free, this is a very stressful way to find a buyer. You’ll do all of the work, from making and advertising a listing through to hosting viewings and taking offers. It will require a huge amount of time, money and effort and cannot just be done in your spare time.
Many people who sell on their own find that it often takes around a year or longer to get a serious offer from a buyer, which typically makes this the slowest way to sell a property.
There is the clear benefit of not having to pay an estate agent or auctioneer any fees. But that same result can be achieved with zero stress by getting in touch with a quick home buyer, because they will never make you pay commission.
This can be the speediest way to sell a home, because fast buyers have the funds available to buy properties right away – there’s no waiting for many months to get approved for a mortgage first. As a result, the typical sale only takes a handful of weeks, and that includes all of the important steps such as exchanging contracts and paying the owner their full sale proceeds. This means using a quick property buyer is often the speediest way to sell your house or flat.
Fast buyers are also able to make offers for almost any type of property, no matter its shape, size, condition, age or type. For example, the lengthy list of purchases considered by LDN Properties since launching in 2003 includes homes that have a Japanese knotweed infestation in the garden, flats with cladding, houses with bad roofs, properties located by unsightly power lines, flats on noisy roads, commercial buildings, retirement homes, houses with septic tanks, and other scenarios.
LDN Properties has bought these and types of homes throughout London, including Willesden in the west London borough of Brent. The area is said to take its name from the Anglo-Saxon word "Willesdune" which translates to "The Hill of the Spring" in modern English. Get in touch with our friendly experts if you’re interested in selling your property on a swift schedule.
