Selling your home is probably one of the most stressful things that you can do, not helped by the precarious system in the UK that leaves you at the mercy of property chains, surveys and more. While it’s certainly worth it in the end, it can feel like a rollercoaster while you’re going through it!
Whether you’re moving to a new city, downsizing, or just ready for a change, finding the right way to sell your property is crucial. As with most things in life, there isn’t a right or wrong way to do it; it’s about finding a solution that matches your circumstances and needs. In this article, we look at a few of the options available when it comes to selling a property.
The Classic Route
This is the traditional way to sell a home – going through either a high street or online estate agent. The agent negotiates and promotes on your behalf, charging a fee based on the sale price. They will usually arrange all the viewings for you, and a good agent should also be able to advise on how to get the property ready for sale.
Pros
- You can often get the highest price selling this way.
- You benefit from the expertise and market knowledge of the estate agent.
Cons
- It is often a lengthy process, and can last months.
- Lack of certainty over the sale until completion.
Selling to a Property Buyer
For those looking for a quicker, hassle-free option, selling to a property buyer can be appealing. A property buyer like We Buy Any Home in Manchester will offer you a valuation and purchase your property directly, meaning you know exactly where you stand and can complete the sale very quickly. This can be particularly advantageous if you need to sell fast or if your home requires significant repairs that you’d rather not deal with.
Pros
- Speedy and convenient.
- You know exactly what you’re getting, making planning much simpler.
- No need to spend money or time on refurbishments.
Cons
- You’ll generally get a lower price than going through the traditional route.
Selling Your Home at Auction
Another option is to sell your property at auction. This tends to be more popular with people looking for a quick, guaranteed sale – such as those dealing with an inherited property that requires modernisation and the family need it off their hands to settle the inheritance.
Pros
- A quick process.
- No need to complete renovations.
- If you get the right bidders on the day, they can drive up the price.
Cons
- Can be risky, as you don’t know what price you’ll get, and if you don’t meet the reserve you may not get a sale at all.
- Auction fees can be quite high for sellers – make sure you understand exactly what you’ll be paying out.
Choosing the best method to sell your home depends on your individual circumstances. Whether you opt for a traditional sale, an auction, or a direct property buyer, the key is to find a solution that works for you.
Happy selling!
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