What’s involved in selling a house?
The process of selling your house is naturally a complicated, emotional process that can quickly become stressful, particularly if you’ve never sold a property before. Thankfully, there are a number of ways to make the process of selling a whole lot easier. Keep reading our guide to what’s involved in selling a house at House Buyer Bureau, as we walk you through a step-by-step guide to selling your house, along with illustrating exactly what to expect when it comes to putting your house on the market.
1. Prioritising your finances
The first step to selling your home is to make sure your finances are in check and you’re fully equipped and able to afford the process of selling your home. If you’re considering selling your home through the traditional market route with an estate agent, be expected to pay for solicitor fees, estate agent fees and legal fees. Also, if you’re selling your home early and yet to completely pay off your mortgage – you could see some early-exit penalties, depending on your mortgage provider’s terms. These are all crucial implications that could ultimately affect your financial situation so it’s important to keep these fees in mind when you’re weighing up whether or not it’s the right time for you to sell.
A simple way to combat agency and legal fees involved with selling your house would be to consider alternative ways to sell, as opposed to the traditional housing market. At House Buyer Bureau, there are no legal, valuation or estate agency fees to pay, so if you’re looking to sell, but not sure how to finance the expected fees through the traditional method of selling, it may be advisable to consider alternative selling routes like a reputable cash home buyer.
If you’re selling in order to purchase a new home, it’s also advisable to consider the cost of funding a new mortgage. Your mortgage provider should be able to provide you with all the information necessary on mortgages you will be eligible for, though if you’re selling your house because you require a larger property – bare it in mind that with more space, usually comes more cost.
2. Choosing the right agent
Finding the right agent for you and your property can be one of the biggest tasks you will face when it comes to selling your home, as there’s a number of options to consider. Without an agent, homeowners aren’t able to advertise their property on popular marketing websites, such as Right Move, or On The Market. Ensure your chosen agent has a stellar reputation when it comes to selling around your area, as a knowledgeable agent can provide you with a wealth of information regarding your property’s surrounding area. This is likely to give you a fair idea of the type of price-point you will be looking at, as well as whether or not surrounding properties sold for a decent price on the traditional housing market. If it appears properties similar to yours around your area aren’t selling well – and are taking a long time on the market to reach a sale, it would be advisable to consider alternative selling markets. House Buyer Bureau’s cash buying service requires no need to source an agent, as well as not having to fund a lengthy time on the traditional market if your house isn’t sold quickly. The reputable cash home buyers value your property, to make a formal offer subject to contract and survey, which can work around your own individual timescale. If for whatever reason you’re looking for a quick, hassle-free sale, House Buyer Bureau can arrange a cash offer to sales completion with access to cash funds in as little as seven days, depending on circumstances.
3. Marketing your property
How you market your home can have a huge influence on the number of prospective buyers you can attract on the traditional housing market. Whilst preparing your property can open up a number of leads, this can also require a lot of extra time, effort and cost. If your home requires a lot of TLC before it goes to market, it’s a good idea to box off those jobs prior to contacting an estate agent, as you’re more likely to receive a better valuation if the property is in order.
Homeowners are expected to have their home looking its best – which requires a method of ‘staging’, where the majority of personal trinkets and belongings are removed from sight, in order to give prospective buyers and viewers an accurate representation of the space on offer, without personalisation and clutter, and how they could utilise the space in their own way if they were to buy.
Although this maximises interest from buyers and puts your home in good stead to give you the best chance of a sale around your asking price – homeowners struggle to find the time to do this, arrange viewings, or find the extra funds to be able to spruce up the property.
At House Buyer Bureau, we offer homeowners a fair, competitive cash price, regardless of the condition of your house. Which means that homeowners needn’t worry about the stress of staging your home, viewings, or giving the property TLC, as House Buyer Bureau’s house buying service buys all types of homes in any standing, which saves homeowners the hassle of arranging viewings and running through the lengthy sales process on the traditional housing market.
4. The Conveyancing Process
If you’re accepting an offer on your property, then you are required to inform a solicitor to carry out the legal work involved. You could look at doing this yourself to avoid fees, however, if you’re not experienced in this area it is advisable to consult a solicitor or licensed conveyancer. Most reputable solicitor firms will offer a conveyancing service, which involves drawing up contracts and preparing all legal documents for both selling and buying parties. These contracts are put in place to protect sellers from any potential conflicts during the sales process – but can cost greatly. Be sure to run a comparison of fees and prices of solicitors in your area, or ask your estate agent for any solicitor recommendations that may be able to provide a discount in return. At House Buyer Bureau, there’s no need to worry about added solicitor costs, as there are no fees involved in the process. If you use a lawyer from House Buyer Bureau’s panel of experts – they will also cover any legal costs and fees, for a hassle-free, inexpensive method of selling your home.
Selling your property with House Buyer Bureau
Selling a property on the traditional housing market can be tricky at the best of times and if you’re struggling to make a sale, or cannot find ways to fund all the costs involved with selling a home on the housing market – there are alternative methods of selling your property. House Buyer Bureau, are genuine, reputable cash home buyers, with a pristine sales reputation – achieving a consistent 95% or above satisfaction rating from five years of helping people sell their homes.
The sales process at House Buyer Bureau is straightforward, as homeowners can enter their postcode online and receive an instant competitive cash offer and if of interest – we will provide you with a formal offer, from which point completion can take as little as seven days, with instant access to funds in your bank. Get in touch today with one of House Buyer Bureau’s friendly team members who are ready with expert advice.