What’s the easiest way to sell my house?
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What’s the easiest way to sell my house?
1. Know what you can afford
2. Get your house ready to sell
3. Setting your asking price right
4. Decide how you want to sell.
Selling a house can seem like a huge and intimidating process, but when you know the ins and outs it’s much easier to deal with. If you’re looking to sell but are worried about what it entails, we’re here to help! We Buy Any House have created a guide to selling which will keep you on track and make your selling journey much easier.
1. Know what you can afford
The first thing you need to do before you decide to sell is know what you can afford and what you want to move for. Some homeowners look to upsize, especially if they’re still in the first house that they bought, and if this is the case you need to ensure that you’re in a financial position to do this.
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If you’re still paying the mortgage, find out how much you still owe and if there are any early repayment fees, so you know where you stand from the start. If you don’t do this, you could be in for a nasty surprise down the line, so make sure that you’re in a position to sell before you get carried away and end up with unexpected costs.
To upsize, you should find out how much you can borrow so you know what price range to look at for your potential properties. If you’re downsizing, this won’t be as much of a concern, but you should take into account why you’re downsizing, as some homeowners do this due to debt. If you’re in this position, spend some time working out what you can afford comfortably. Our article, how do I know what house I can afford, will help you learn more.
2. Get your house ready to sell
One of the hardest parts of selling your house is the long timeframes that homeowners often face on the open market. There are a few ways to avoid this – the best one being to make some improvements to your house before putting it up for sale so it can appeal to as many potential buyers as possible and reduce the amount of time you’re waiting to sell.
Some of the most important improvements that you should make are cosmetic ones, such as –
- Small cracks in tiles
- Minor cracks in walls or ceilings that are confirmed as cosmetic and not a sign of deeper-rooted issues
- Worn or stained carpet
- Scuffed walls
- Overgrown hedges or gardens.
Generally, these issues aren’t a big concern but will stand out to potential buyers, and this can put them off a sale if they don’t want to spend time repairing them when they move in. Small flaws like this are best to be fixed before you put your house up for sale as it lowers the chance of there being any reasons for your viewers to be put off. For more information, read our article about how to decorate your house to sell.
3. Setting your asking price right
A wrong asking price can delay your sale and actually result in a loss in your property value too. Generally, when you sell you will have your house valued and be able to then decide your asking price from there. Some homeowners make the mistake of setting their price too high hoping that it will get them a better sale price, but it usually has the opposite effect. Someone looking to buy a house will look at several properties and do their research, and if your price is higher than the others, yours will usually be the first struck off the list. This then results in you having to sit on the open market for weeks, and with that means that your property value will start to drop.
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The other risk of setting your asking price wrong is going too low. This will often make potential buyers think that there’s an issue with the house such as subsidence or damp and put them off getting more information. This can again delay your sale and mean you sit on the market for a longer amount of time, making selling more difficult for you. We’ve got more information here about how to price your house.
4. Decide how you want to sell
One of the most common ways to sell a house is on the open market, using an estate agent. However, more homeowners are starting to move away from this traditional method as the fees involved can be high and the sale itself very slow. There are other options for homeowners that are looking to sell, that are much faster and more appealing –
- Selling at an auction:
This is a great option for homeowners who are looking for a very speedy sale and aren’t relying on a specific amount. Auction sales are fast and can get a high price if a bidding war ensues on your house, but there’s no guarantee on sale price and once the bidding starts, you aren’t able to refuse an offer. Our article, should I sell at an auction? Provides lots of helpful advice that can help homeowners make their decision. - Quick sale companies:
Selling this way combines the benefits of auction sales and selling on the open market, as homeowners can have more control on the offer provided while still being able to sell in a shorter timeframe. With us, there are also no fees, making things even more simple!
Taking these steps into account will help you achieve a sale much more easily than if you don’t think ahead.
For some homeowners, even with knowing what you can afford, redecorating your house and setting the perfect asking price, you can still struggle to sell. That’s where we come in – We Buy Any House can provide you with a free cash offer and buy your house in as little as 7 days, giving you a quick and easy sale with none of the hassle that homeowners can often experience on the open market.
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