What is the fastest way to sell your house or flat in Docklands?
If you own a house or flat in Docklands and want to sell it speedily, you’ll first have to choose between using an estate agent, using an auctioneer, or using a fast buyer like LDN Properties. There are pros to each approach, but also disadvantages to some of the options.
Learn more about the three options below and then make a decision for selling your home that best accounts for your individual wants and needs, such as your ideal timeline for selling.
This can be a good choice for reducing your stress, because the estate agent takes on the responsibility for creating and marketing a listing for your property that includes photographs of the various rooms and a description of the home’s main elements, scheduling and leading the viewings for potential buyers, and overseeing the final stages of a successful offer.
But it can be many months, or possibly even more than a year, before you’ll get an offer from a buyer. Some homeowners also say that the viewings take up a lot of their free time and are quite intrusive. And there’s always the risk that the offer could fall through at any time. You’ll have to pay the estate agent commission, and you’ll have to deduct this amount from your overall sale profit.
Auctions are a gamble, because you might not receive any bids in which case your home does not sell, or you might receive many bids that push the final sale price very high so that you get a large profit. Or you may only get one bid at the reserve value, which is the lowest price at which you are willing to sell your home. You need to calculate a reserve price bearing in mind the commission you will have to pay the auctioneer.
You can expect to wait several weeks between the date on which you enter your home for sale and the date on which the auction takes place. And if the property sells, the buyer usually has about 28 days to complete the purchase, making the entire process last a few months.
Your third option is to contact a fast home buyer like LDN Properties, who can complete all stages of buying your house or flat often within a few short weeks. That includes exchanging contracts, paying owners their proceeds, and all other important parts of the sale. That timeline is typically much faster than you will therefore get compared to using the other methods.
Also, trustworthy fast home buyers will never make you pay any fees when purchasing your home — unlike the fees that you will have to deduct from your sale profit in the event you use an auctioneer or estate agent.