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.
So your goal is to sell your house right? The problem is that the real estate agents even though they know tips to sell house fast they have high commissions. Another problem with selling your house is how long can you wait until you actually sell your house, because maybe the loan rate is coming and you don't have the money to pay for it.
If you decide to hire a real estate agent then the best method to find a good one with low commissions then you should ask somebody from your family or from your friends.
Tips to sell house fast:
Make small adjustments, that cost little but improve the look and use of your house. Something like changing a fridge, a toilet or a bathtub. Of
course if you have money to invest, or you just make money from flipping houses then you should invest in something that will change the look in
a bigger scale: putting some grass-court around the house, repaint some rooms, and so on.
Another tip is to know that the number of baths and rooms, can raise the price of your house.I mean if in the house can
live 4-5 persons and you only have a bath then the price of your property will lower, and you will get less money just because you didn't have 2,3 baths. So with a
couple of thousands invested you could earn more when you sell the house.
Think what you would want from a house, what appliances, what utilities and so on. You can put yourself in the place of a buyer and evaluate your property but try to be fair
when you evaluate.
Details matter. Yes, small details like a broken bulb, or a broken lock will sure lower the offer that you will receive on your property. So fix and improve all the small details
if you want to sell your house quick and receive higher offers.
Make money through buying and selling or flipping houses.
There are money to be made through flipping properties, big money. You could make a couple tens of thousands in a few months. But be aware that you need to work hard because
the possibility to hire a company to renovate your house it's not viable, because it could probably "eat" your profit.
A clean house it's better than a dirty one.
Don't show your house to possible buyers if it's messy or unclean.
The big offer illusion.
This scenario often make people to think that they can get a higher offer on their property.
Here is the scenario:
You find the first possible buyer and he makes an offer, less than what you asked for. You see that you have received an offer from the first buyer and you think:" Well if he offered me
a price and he is the first viewer then I should wait a little to receive a higher offer."
You can be right but it's not a rule that you will receive higher offers, and you could wait months until you will receive an offer again, so think about it: Are you able to wait a couple of months? Are you sure that you want to pass this offer that you have just received? The offer that you have received it's true, real, and you shouldn't refuse it if you need to pay the loan next week, or you really need cash ASAP.
Another important hint from the long list of tips to sell house fast is using the right method to evaluate your house at a price that will attract a bunch of offers.
Find out what your house worth by looking at the houses from your neighborhood. The tip to receive offers fast and sell your house quick is to price your house 10% lower than your neighbors. The most searched houses on the market are the cheapest and the newest.
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.
