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The Definitive Guide To Selling A Property Quickly In The United Kingdom

 

There are many reasons why you may ned a quick sale. You may be going through a divorce or emigrating. Whatever your reason you need to know that usig a local estate agent may not be your best option. Property chains and the problems faced by buyers finding suitable mortgage finance are all working against you slowing your sale down.

 

Generally, everyone selling property wants to know the secret to selling for the highest price in the shortest time in order to use the proceeds from the sale for other important activities. However, many people find it hard to achieve this goal because they do not use different techniques effectively.

 

There are option for the private seller. The most obvious thing to do is get a "for sale" board made and erect it in your garden. There is a lot to be said for word of mouth marketing. everyone on your street is going to be looking to sell and there may be someone in their social network that has expressed an interest in living on your street.

 

One often overlooked aspect of trading up and moving home is that to stand the best chance of being able to secure the house of your dreams, you really need to have sold your old house first. For a deeper explanation of why this is true read this excellent article from Spectrum-Search.co.uk.

 

IAs long as you present your property well you shouldn' have too much trouble finding a buyer. Just make sure you price the property realistically. To do this you can use Rightmove to check what has sold recently in your area and also se what else is curetly for sale.

 

If selling privately is not for you there are 3 options available. You can either put the property into an auction, use an estate agent or even contact one of those companies that will buy your hosue for cash.

 

Using an estate agent will be your cheapest option as they currentlly charge around 1.5%+VAT however, you can haggle with them and aim to negotiate a fee of 1%+VAT. An even cheaper option is to use an online estate agency - these are stripped back estate agents where you do the viewings but only pay around £350+VAT as a flat upfront fee.

 

Take the time to review the photos your estate agent takes. If they are not spectacular don't hesitate to ask him to take them again (or engage the services of a pro photographer). The advert in the porpeprty portals is going to be the first thing buyers see of your house and as they say, 1st impressions count!

 

Once you have a property advert you like, make sure you share it on Twitter and Facebook. Youd be amazed at the power of social networking sites for selling property. Don't be shy, tell everyone you meet that you're trying to sell. It onlly takes one buyerand you just never know where they are going to come from.

 

As a final word of advice, make sure you're on top of your budget. Get quotes for removals, property solicitors, EPC and also find out the cost of redeeming your mortgage.

 

Good luck!

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