Feb 27, 2015
The property market in London may be booming, but if you need to sell in a hurry it’s still wise to make sure you’re presenting your property to market in the best way possible to achieve the quickest sale possible. Here’s a guide to help you do just that, to achieve a quick sale for your house in London.
Choose the Right Agent
Your agent is your biggest ally in the quest for a quick house sale, so choosing the right one is absolutely vital. The first choice you need to make is whether to go for a traditional-style agent, or an online estate agent like House Buyer Bureau. A traditional agent will offer more help with things like viewings, but the process will take longer. Whereas an online agent will leave your property sale in your hands, or in some cases where a really quick sale is required even buy it from you immediately – so it’s up to you. If you choose to go for a traditional agent, get at least three valuations to ensure you’re striking the right balance between a fair price and a quick sale price. Also make sure any brochure produced for your home is as glossy as possible, and includes plenty of high-quality colour pictures and a floor plan.
In order to sell your home quickly, you’ll need to be as flexible as you can be during the sale process. This includes but is not limited to: being flexible about when buyers can come and see the property, be that showing them around yourself or getting out of the house while the agent does it; being willing to negotiate and consider all offers; and putting some of your personal possessions out of sight or in storage to allow potential buyers to easily imagine themselves living in your house. Though it’s traditionally a US phenomenon, you might want to consider holding an open house. This is a window of time, usually a couple of hours or so, in which any and all prospective buyers can come and have a look around your home to see if it might suit them. It often attracts viewers who are either less committed to their property search, or who think your property might not be right for them but want to ‘just have a look’ – but don’t be put off by this, any viewing has the potential to become a sale! Vitally, an open house creates a buzz and an air of demand for your property that could encourage higher and earlier offers.
Keep Things Quick
No matter how quickly the offers come, as much as a third of sales fall through, so don’t give your buyer more time than necessary. Instruct a conveyancing solicitor to act for you, so a deal moves as quickly as possible - and make sure any new mortgage you need to move is arranged at the earliest possible date. Remember, a property sale isn’t over until money has swapped hands – so be as organised as possible on your end as delays allow buyers to get cold feet, or see another property, so exchange contracts as soon as feasibly possible to make sure your sale will go ahead.