How To Achieve a Quick Property Sale in 2007

Sell your Property Quickly this Coming Year

We all know how it is. You've just found your dream home and your offer was accepted. The next step is to sell your current home, a goal that shouldn't be hard to achieve according to your real estate agent. Your house then gets put on the market and there's a burst of interest from buyers in the next few days. Then it all comes to a halt. Weeks pass, then months and you're still not any closer to selling your house than when you started. An even worse situation, your buyer gets out right before the closing is set to take place.

Deciding to sell your property with a realtor could be an extremely long process. The costs are also outrageous, especially after you factor in the fees of the estate agent on top of the extra house payments and legal fees you may have to pay while waiting for your current home to sell. If you don't get a fast house sale you may possibly lose out on the home you put the offer on as well. In these trying circumstances, it's no wonder that moving is said to be one of life's more stressful experiences.

There are basically two alternative options to selling your home with a real estate agent. The first is to sell directly over the internet. The other option is finding a company that buys homes direct. These companies can be found advertising their cash property buyer offers in newspapers or on the internet. There are however advantages and disadvantages associated with each approach.

Hundreds of people in the UK sell privately. You save money on realtor fees, which can be as much as 3%, and you have complete control over the purchase. You also don't have to get a Home Information Pack after they become necessary in the summer of 2007 (because private sales are exempt). However there are some disadvantages to think about. If you're advertising online, and have to sell your house quickly, you'll be devoting lots of time promoting the property. You should register on more than one web site, to increase your chances, write-up a property description and add it to the websites along with resized photographs. Then you'll be dealing with the potential buyers individually as well as spend time coming up with answers in order to help sell the property to the inquirer. You'll also continue to be open to the risk of not finding someone to buy very quickly or the risk of broken chains and people pulling out at the very last minute.

The second option when selling privately is finding companies providing quick house sales services. You will receive an offer from them, ordinarily within a day or two, and the sale takes a lot less time to close than average. It won't matter about the condition your house is in, and you don't have to 'sell' it to the buyer either.

Do however be prepared to take a lower than expected offer on your home. This type of company will, in exchange for a fast home sale, purchase at 10% to 20% discounts. If you are willing to take a lower offer, you'll have yourself an immediate sale and, more importantly, one that is stress-free.

About the Author

Oliver Darraugh is a freelance online journalist. He lives in Birmingham. Website.

O. Darraugh is an online journalist living in Birmingham who writes about getting cash for property, and house selling alternatives.