Is it quicker to sell your Little Ilford home to a fast property buyer?
There are several methods available for selling your home in Little Ilford, which is in the borough of Newham in east London. This neighbourhood is also sometimes called Manor Park, and its history dates back to at least 1086 when it was listed in the Domesday Book as Ilefort, which at the time translated as a ford over the Hyde, the former name for the River Roding.
When you’re ready to sell your property, if finding a buyer as quickly as feasible is your top priority, you should consider the different timelines you might expect between using an estate agent, using an auctioneer, or using a fast home buyer such as LDN Properties.
Estate agents will do the majority of the work in finding a buyer for your home, including advertising it along with scheduling and leading viewings where people get to tour the property before possibly making an offer on it. When you sell this way, it’s not uncommon to be waiting for many months, or potentially even more than a year, before you get a genuine offer.
Some homeowners also find viewings to be intrusive and to take up a lot of their time. And if you have a property with any kind of unique feature, such as having a septic tank or solar panels, that the estate agent has never sold, then they might struggle to find a buyer for your home. And estate agents also charge fees, which will have to be deducted from the proceeds.
Or you could use an auctioneer, who will similarly handle much of the effort in finding a buyer for your home. Just remember that when you sell this way there is no guarantee of the final sale price. You might get zero offers, in which case your home won’t sell. Or you could get just one offer at the reserve price, which is the lowest possible amount at which you’re willing to sell. Your goal is to have many people bid on the home and drive the final sale price high.
There is often a wait of several weeks between when you enter your home for sale and the date on which the auction occurs. And if you succeed in selling your property, the winning high bidder usually has an average of 28 days to complete all of their steps for finalising the sale.
You’ll also have to pay the auctioneer commission for their work. However, in some cases you might be able to make the buyer pay your fees, so it’s always useful to ask the auctioneer about this possibility in advance.
A third option is to sell your home to a fast buyer like LDN Properties, because we can usually complete the process of buying a house or flat in just a handful of weeks. And that includes every stage, such as exchanging contracts and making sure you receive the proceeds quickly. It’s an incredibly straightforward, hassle-free and no-stress way for you to get a fair and speedy offer for selling your home, particularly compared to other methods of trying to find a buyer.
And our team can consider making offers to buy many different types of properties, no matter their age, condition, shape or size. For example, we have experience when you are selling your home near power lines, properties that have the invasive species Japanese knotweed in the garden, flats with cladding, homes where the owner cannot find the title deeds, dilapidated properties, houses located under noisy airport flight paths or near busy railway stations, inherited retirement homes, and other examples.
We also further promise to never make you pay any commission to us if we buy your home, because we have always believed in giving homeowners the full proceeds when selling, unlike estate agents and auctioneers who will charge you fees that reduce your overall sale profit.
