How to Sell your House Fast in London
Can you sell your house fast today? It depends on your definition of fast. Is it as fast as ordering an Uber or renting a vacation rental on AirBnB? Heck no. Can you sell your house as quickly as you can get a mortgage to buy a new one on a site like Lending Tree? Nope. Unless you want to put your home out there on a fire sale for pennies on the dollar, you can’t sell it that fast by any measure. Today, you need to jump through hoops and hurdles. Endless streams of red tape. Agents. Commissions. And never-ending fees. These are the norm. Not the exception.
Unlike transportation, commerce and entertainment, real estate has been slow to change. The legalities and complexities are endless. Sure, there are quicker ways to sell your home. They involve going to companies that we call iBuyers. Meaning, they buy the asset themselves. Companies like OpenDoor, OfferPad, and even, Zillow, have all entered the fray. And for good reason. But does that enable you to get top dollar when selling it direct? Certainly not.
Selling houses serves as a fantastic opportunity to earn huge income streams that can provide security and comfort for the family. As a real estate investor for 16 years, I've learned a few tricks that are very effective to quickly sell a property. The right marketing techniques coupled with persistence and hard work are some of the things that have helped me succeed in my career. Let these strategies also help those who plan to climb the real estate career ladder and make a fortune through the buying and selling of properties.
Making the first move can be quite daunting most especially if you're a first timer. It always begins that way and every person has to do something the first time in order to get to a goal. You can start by enrolling in a good real estate training program. These training courses will teach you how to identify good locations in which to buy and then sell a house. Training programs conducted by experts in the field will also present you to tried and tested formulas for selling houses.
Once you've learned the basics of real estate investing, start with one property first. Make improvements when needed and get the house cleaned to make it look attractive to your target market. When you're buying an old property, expect to make renovations to the house. A fresh coat of paint, new carpeting, tile replacements and yard improvements among others are some of the things that you'll probably need to take care of. Think of how you want a house to look like if you're the buyer and do all the fixing that's necessary.
Market the property and inform people about it. One way of doing this is to put up an attractive "For Sale" sign on the property. The sign must include a contact number so interested buyers know where to reach you. A phone number that's easy to remember would be a plus. Ensure as well that your signage can be easily read by passing motorists.
Prepare flyers and distribute these around the neighborhood and in areas where your target market is located. If the house is near a golf course for instance, place flyers under car wipers in the golf course parking lot. Distribute flyers where plenty of people will find it, most especially in nearby shopping malls and recreational facilities.
In marketing houses, the sales pitch is very important in getting people to notice your house and take action. Write strong adjectives and convincing words. Instead of saying, "house for sale", write "shabby chic elegance in the city". Include as well the best features of the house and what buyers can benefit from it. Is the house near a school? Does the house have an extra room? Tell people about it with a very persuasive sales pitch.
Placing an ad in the newspaper can be costly but it is a great way to reach a number of people. Look for someone who wants to share an ad with you to save money. Think of the days wherein more people read their papers and get your ad published in those days. The ad doesn't need to come out every day. Twice or thrice a week should be enough to inform plenty of people that you're selling a property.
Okay, the last way to sell your home quickly might be to transfer your mortgage to someone else. But it also means that your mortgage must be assumable by someone else. You’ll need to read your mortgage docs to figure this out. But if it is assumable, then you’re in luck. This could even mean that you could stay in your home and rent it. Is this a common scenario? No. Yet it is possible. You just need to do a bit of leg work to make it happen.
Keep in mind that whoever the new “borrower” is, they need to qualify for that mortgage. And that might take some hoops to jump through. And if you’re truly buried under debt and can’t make your payments, it might not be the fastest way to get out of your home. But it is an option. How long does it take? Again, it all depends. Contact your bank and see if this is even a thing. If it is, you’ll also need to find the person who’s willing to assume the mortgage in the first place. Homesoldquickly.com can assist you in selling your House fast.
