If you are currently considering selling your property, you might assume there is only one
way to do it – you find an estate agent and you list the property and let them do the selling.
This can, of course, work, but it’s not your only option.
In fact, when selling a property, there are undoubtedly a number of different routes you can
go down, depending on your own preferences and the market at the time – the condition of
the property may also play a part.
With that in mind, keep reading to discover the different ways you can sell a property so you
can decide on the best course of selling action for you.
Hire An Estate Agent
Typically, sellers are happy to give an estate agent a cut of the proceeds from their home
sale. A seasoned estate agent can be invaluable throughout, and they may even be able to
help you to get more for your home than you anticipated when you sell it. They’ll be able to
tell you everything you need to know about the Bristol housing market, for example, to give
you an idea of what to expect when it comes to selling.
Estate agents who have been in the property business for a while will be able to help their
clients in finding prospective buyers. A lot of them will have a list of potential buyers who
might be interested in buying your previous residence. If so, you might end up selling your
home in a matter of months – perhaps even less. They will be skilled at handling all the
legalities and paperwork required to close the deal, dealing with buyers, and handling the
negotiation phases of the sale. Many homeowners lack the necessary real estate sales
experience, so it is strongly advised to let the experts handle the negotiations.
As well as this, making time to show prospective buyers your property might not be possible
if you are working during the day or have other commitments. You can count on a reputable
estate agent to show potential buyers the house while you are at work.
Sell To A Company That Buys Property
It’s possible to sell your old house to one of the many investment firms that specialise in
buying properties. Many of these businesses have ready cash on hand to buy your house,
allowing them to complete the entire process in as little as two to three weeks. This can be
highly convenient if you are in a hurry to move.
However, a home-buying company probably wont offer you as much as you would be able
to get if you put your property on the open market, and it could be that you have to make a
choice between selling fast and selling for a good price. Investors are typically in the market
for a good deal, which means you may be required to sell your home at a discount if you
choose to do business with one of them.
Sell The House Yourself
You might think about selling your property on your own if you have the time and energy to
do so. A lot of people choose to do it themselves, so they don’t have to pay an estate agent
a commission.
However, it can be hard to sell your home if you have never done it before. Before you put
your house on the sales market, you should know what the rules are. You might also have
trouble putting a price on your home, so before putting a sign on your house, you
might want to have an experienced appraiser give it a value. If you don’t feel you want to hire a valuer, find out how much homes like yours have sold for in your area. There are dozens
of websites that list information about houses for sale and recent sales, so it really shouldn’t
be too difficult to get an idea of how much your home is worth.
Sell At Auction
Putting your home up for sale by auction is another option if you want to sell it quickly. This
choice could work for you if the house needs major repairs or if there are legal
complications.
Be careful if you go down this route, you’ll probably end up selling your house for less than
it’s worth. Of course, if an auction bidding war breaks out, however, you could end up selling
your home for more than you anticipated. Selling at auction is something of a gamble, and it won’t be the ideal solution for everyone.