Sell House Online: Fastest & Cheapest Ways Revealed
Nowadays, the process of selling a house online has become a little easier than it used to be because of the advancement of the internet.
According to HOA, rightmove alone has 1.1 million properties listed for sale! This figure alone tells us why online house selling is becoming the norm and why different types of agents are popping up in order to cater for this demand.
With this in mind - Do you know how to sell your house online? In this article we will reveal the different ways you can sell house fast including the fastest & cheapest ways to sell your home online.
How can I Sell my House Online
Let's take a look at these 4 ways in a little more detail.
How do you Sell a House on the Internet?
1) Online Estate Agents
Online estate agents can vary with what services they offer so it's important to understand what you will be getting before you choose an agency.
For example, some online based estate agents will only offer a basic listing service. On the other hand, some agencies offer bespoke and additional services such as EPC arrangement, professional photos and even help with negotiations during the offer stage.
The main reason many recommend using online real estate agents is because they’re cheap and charge lower fees. That said, as these agencies are purely online based, they never view the property so there is a high chance that a property can be both under and over valued - both can have a bad impact on how fast you're able to sell your home.
2) Hybrid Estate Agents - What is a Hybrid Estate Agent?
Hybrid estate agents are a mix between novelty and tradition. These hybrid estate agents are often people that used to be traditional estate agents in their local areas, who have branched out onto the online marketplace.
What do hybrid estate agents do? Most of the time the hybrid estate agents are doing all the same steps that a traditional estate agent does, from valuation the property to negotiate on your behalf and conducting viewing. Although, services can vary so be sure to perform due diligence before proceeding with any kind of sale.
Essentially, the hybrid estate agents are your classic real estate agents, but you don’t go down to their offices. Because of this, they’re able to offer the same cheap fees as the online estate agents with the added experience of knowing the local market a little better.
3) The DIY Way – Sell your house privately
Selling your house without an estate agent can be tough but is very achievable.
The most benficial thing about selling your own house online is you won't be paying out to anyone else so its like your selling your online for free.
If you decide to try your hand at selling your house online yourself, there are a fair few things you should know about how to draw the customers attention towards your house. These include:
- Good photos which cover the important areas of your house. You may want to consider hiring a professional company for this and get a 3D tour of your house done if this is within your budget.
- Ensure there is good lighting all around the house. This will enhance the photo quality further.
- Provide a full and thorough description of everything related to your home so the buyer is able to make a decision faster.
When it comes to uploading your house photos online, use well-known websites that are trustworthy. By doing so, you’ll have the peace of mind knowing that the house buyers are likely to show up faster.
4) Cash House Buying Companies
These companies buy houses for cash. This allows them to bypass many of the usual steps involved in a house sale and complete much faster.
When choosing a home buying company one important thing to pay attention to is the reliability of the company; that’s where you have to do a little background research focusing on the quality of the services provided by these companies as well as their reputation.
One thing you should be taking into account while researching these companies is their rating on websites such as Trustpilot and any reviews that you find associated with them.
A good example of this type of company is Housebuyers4u. As specified on their website, they buy the properties 'as is' and guarantee the completion within 14 days maximum. With 42 years of experience and a proven record of 97%, they are one of the most reliable companies of this sort on the market.
With no estate agent, solicitor, renovation and repairs fees or council taxes, the cash buying companies might be the best deal out there.
In addition, they offer a free valuation service so you can get a sell my house online quote fast with no strings attached!
The Bottom Line
Nowadays selling your house online is very viable option but the key remains to pick the right type of company that caters for your personal circumstance. Some sellers will look for for time efficiency, others for the lowest fees. Pick the one that suits you.
We often get asked 'i want to sell sell my house online' - what is my best option?
In response we've analysed the 4 different selling options and put together a list of which are the fastest and cheapest ways to sell your house online in the UK.
What is the fastest way to sell your house online?
- Cash buying companies
- Online/Hybrid estate agents
- Selling privately yourself
The main reason you can sell your property the quickest with quick cash sale companies is because they have the ability to buy your house in 7 days if needs be! This puts them way ahead of everyone else.
Related: How long it takes to sell a house
What is the Cheapest way to sell your house online?
- Cash buying companies
- Online/Hybrid estate agents
- Selling privately yourself
The main reason a house buying company is the cheapest way to sell your property is because many of them do not charge any additional fees associated with the sale of your home. Some of them even include survey fees.
Whichever option you decide to go for, make sure you’ve done your research and compare all your options so you're able to choose the best way to sell your house online that fits your needs!
Online house sales continue to grow year on year so you'd be wise to learn and understand the pro's & con's of every type of company. This will only benefit you if you ever need to sell up and move on!
