A lot must be considered beforehand when you're looking to sell house fast for market value. After all, although you want the property to sell quickly, you don't necessarily want to sell for any less than market value.
So how can you balance the two and sell quickly without asking less than what your property is worth?
Below, we're going over 5 tips and tricks to help you sell your house fast and at or near fair market value. Let's dive in!
When looking to sell house fast for a fair market price, you must list it for sale at the optimal asking price.
After all, setting a listing price too high is bound to keep potential property buyers away. And listing too low, while it might be a surefire way to get the property sale over with quickly, will result in your getting less than what you'd expect.
That being said, many factors can influence the current market value of your home. This includes what season you decide to sell your house in. So to find the optimal listing price, you'll need to determine what price other homes in your area are being listed at and how much they've sold for recently.
The best way to learn this information is by speaking with estate agents and searching online portals, such as Rightmove or Zoopla, for similar properties.
The property market in the UK is a living, breathing creature. And depending on various economic factors, such as interest rates or the average price of houses, the open market will go through phases of being hot and then cooling down.
Therefore, it's good to understand current market conditions before listing your house for sale.
Knowing the current market will help you set realistic expectations on how fast you'll be able to sell and for how much.
It's also good to note that certain times of the year are better for selling a home.
Spring and summer, for instance, generally have more people selling and more people looking to buy, while fall and winter are usually slower times for property sales.
Like any profession, there are lousy estate agents, good estate agents, and GREAT estate agents! And while virtually any estate agent can sell your home for you, only the best estate agents will get your home sold quickly, at the right price and in any market
That's why you must shop for an estate agent with a sterling reputation and a proven track record.
Don't just settle for the first agent you speak with.
Be sure to ask questions, find out about estate agency fees, or even ask if they have any testimonials or reviews you can check before signing any documents.
Alternatively, you can also look into working with reputable online estate agents, which can further simplify a fast house sale.
According to one study, staged homes sell 3 times faster than un-staged homes. But on top of that, agents believe that staged homes sell for up to 10% more than similar un-staged homes.
So how can you stage your home to get it sold quickly at market value?
For starters, we recommend removing any personal items or memorabilia. These items in the home can sometimes impede potential buyers from visualizing themselves living in the house.
And don't forget the outside!
To add the maximum kerb appeal, ensure that the property is clean and tidy, the lawn is neatly trimmed, and there are no overgrown bushes or weeds blocking walkways or windows.
Essentially, the better the property looks both inside and out, the better your chances of selling for market value or better!
While your listing agent will do their best to get your home seen by as many potential buyers as possible, nothing stops you from marketing your house for sale yourself.
After all, it's estimated that 97% of buyers search online for potential homes before contacting an estate agent.
Fortunately, there are plenty of online estate agent sites and platforms where you can list your property for sales, such as Rightmove or Zoopla.
But suppose you want to maximize your property's exposure? In that case, you can also share your listing on social media sites like Facebook or try contacting your local newspaper to see about posting an ad.
One of the quickest ways to get your house sold is by setting a slightly lower asking price than other homes in the area.
However, if you want to sell your house fast and still get market value, you might consider selling to a cash house buying company.
Working with a reputable estate agent is a great way to ensure that you're selling your home for good value.
Increasing kerb appeal can also help. Start by making sure the house is clean and tidy, the lawn is adequately tended, and if you have the time or budget, a fresh coat of paint never hurts!
Unfortunately, there are many house buying companies on the market that claim to be a genuine cash buyer, but are sometimes shady and shouldn't be trusted.
That's why you must take the time to learn about any cash house buying companies or fast sale company you're considering working with before proceeding with any financial transactions.
Yes, you can sell a house below its market value. The benefit to selling below standard property prices is that you'll likely be able to sell your home quickly.
On the other hand, house prices listed below market value are sometimes used by listing agents to create a bidding war between potential buyers.
While the UK real estate market has seen steady gains in the past decade, experts believe that the market may slow down throughout 2022.
This is partly due to the Russia-Ukraine war and talks of increased interest rates from the Bank of England. However, now is still an excellent time to sell before house sales cool down too much.
If you want your home sold on the open market fast, if you want to get a fair price, and if you want it to be a guaranteed sale that's completely hassle-free, a quick house sale company is just what you're looking for!
Housebuyers4u is the UK's leading cash house buyer, and you can get your free cash offer today!
Save yourself the hassle of listing publicly on the property market. Don't waste your money on expensive legal fees and estate agency fees. Make your life easy with a guaranteed cash sale by contacting Housebuyers4u!