Is it speedier to sell your Romford property to a fast home buyer?
There are several options for selling your house or flat in Romford, which is within the Havering borough in east London. This former market town saw a burst of property development following the opening of its railway station in 1839, along with improved roads leading to the centre of London. It now features residential and commercial properties with a growing population.
You typically will have to choose between selling your home via an auctioneer, an estate agent, or using a fast home buyer like LDN Properties. There are pros and cons to each approach depending on how quickly you need to sell your property, and how much profit you want to make. Review the three methods before making a final decision on selling your home.
When you sell this way, you’ll pick a reserve price which is the lowest value at which you’re comfortable with selling your home. Just beware that you might only get one bid at this price and your property will be deemed sold. Your goal is to get multiple people making bids on your home, which should push the final sale price up.
But there can be a wait of a few weeks between the date you enter your home for sale and when the auction takes place. There is also a wait of about 28 days after a successful auction until the relevant legal paperwork can be completed. And you will have to pay the auctioneer commission for their work, usually based on the home’s final sale price.
This option can save you a lot of work, because the estate agent will handle the effort of developing a listing that highlights your house or flat, advertising that listing locally and online, and hosting the viewings where people come to tour the property. But some property owners say that they find viewings take up a lot of their time and are inconvenient.
And it can often take a few months or even longer before you receive a serious offer for buying your property. This makes using an estate agent far from ideal if you goal is the swiftest sale possible. You’ll also have to pay the estate agent commission usually based on the price at which your home sells, which will reduce your overall profit.
Alternatively, you could consider using a fast home buyer like LDN Properties, which provides fast and competitive offers for purchasing a wide range of houses, flats and other properties in London. And unlike other methods of selling your home, you’ll pay zero fees when selling to us, so you’re guaranteed the full profit from whatever final sale pricewe offer for buying your property.
We also pride ourselves on being able to complete the purchase of most properties within just a short few weeks, and that includes the time it takes to finish all aspects of the process including exchanging contracts and quickly paying the full proceeds to the homeowner.
