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How Can I Sell My House?

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If you ask yourself, ‘How can I sell my house?’ you are not alone.  According to Rightmove, it took 150 days for a house to go under offer and then another 3 months for conveyancing.

In this article, we will explore reasons why your house is not selling and what you can do to address them.

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My House Isn’t selling; What should I do?

Make first impressions count.  Your house may not be selling because it lacks kerb appeal. Buyers make up their minds about a house within minutes.

If the outside of your home isn’t looking its best, you could be losing out on potential buyers.

Selling a Property Isn’t Always Easy.

Whether you are a first-time seller or have inherited a house to sell, it takes time, patience, and skill to sell.

When we asked sellers how they chose their estate agent, often you hear, “Another house on the same street is up for sale with them, so I gave them mine,” or “They were the cheapest,” and “I really liked their boards!”

 

Our first recommendation is to check on Rightmove to see who sells the most properties in your area. 

Go with an estate agent who has sold most properties in your area.  Incentivise your estate agent and pay them a higher fee based on performance to sell your house within a fixed timeframe on a no-sale no, no-fee basis.

You don't get a second chance to make a first impression
You don't get a second chance to make a first impression. Always ensure property looks inviting from outside before selling it.

Why Is My House Not Selling?

One reason why your house isn’t selling is because of the high asking price.  Your asking price may be too high if you aren’t getting viewing requests.

Being ambitious with your asking price makes an estate agent win more business.  “You cannot increase a price, but you can always reduce it” is the advice. 

Or vendors say, “We are not in a rush to sell!”  Selling a house brings a lot of uncertainty and stress.  If you don’t need to sell, please don’t sell.

If your price is unrealistic, potential buyers will not bother looking at it.  Your house will not sell in the desired timeframe.  Psychologically, other buyers will think, “What is wrong with this house?” 

With higher interest rates, house prices have become price-sensitive due to strict affordability criteria.

Price your house realistically, and it will sell.

Putting it at a sensible asking price can work wonders.  Let’s say that your house is worth £200,000.  Rather than putting it up at £220,000 and reducing it over a year, why not put in ‘offers over £180,000’ and let two or more buyers put in their full and final offers?

You may achieve £190,000, which would be a great result.

My House Is Not Selling; What Can I do?

1 in 3 property sales collapse; don’t let it be yours.

Have you considered selling to a cash house buyers?  You won’t get full market value, but you will get certainty of a sale.

When you agree on a sale on the open market, do all you can to keep it on track for completion.

“OK. Mrs. Jones, we have sold your property!” says an excited estate agent.  “You should instruct solicitors today!”. 

You instruct your solicitors only to discover that the buyer can’t get a mortgage!  You may find that out after 2 months of wasted time and expensive abortive solicitors fees.

Always financially qualify your buyer:

  • Do they have a mortgage offer in principle? 
  • Have you seen their deposit? 
  • Have they instructed and paid their solicitors’ fees? 
  • Do not instruct your solicitor until your buyer has completed a satisfactory mortgage survey & they are in receipt of a firm mortgage offer.

Getting a buyer to spend their money shows commitment.  It is not a sign that the sale will go through.  It is a good indicator of their motivation level.

Is your house not selling because of rough area?
Always get your estate agent to qualify your buyer, their mortgage deposit proof along with a decision in principle from their lender.

My House Isn’t Selling Because Of The Area

Do you live in an economically deprived area?

Tenants move in because of low and affordable rents but soon realise it’s not suitable for them and move out. Alternatively, the local council promptly evicts tenants engaged in anti-social behaviour and criminal activities.

You can try to sell your house to a local housing association or your council. However, it would be challenging to do so since most councils are practically bankrupt.

Even if you convince a council or housing association to buy, they are likely to offer only up to 50% of the property’s value.

How Can I Sell My House?

If you have tried all the above suggestions and still your house isn’t selling, contact us.

Empty homes are much harder to sell.  On an empty property, there are hidden costs. 

These include mortgage payments, council tax, standing utility charges and extra insurance for an unoccupied property.  This can add up to thousands of pounds in extra bills.

Empty properties can become harder to sell once squatters have vandalised and moved in.  Your home could become a drug den for the local addicts and have all its copper pipes stolen.  Or worse, the organised criminal gangs convert it into a cannabis factory.

We will buy any house for cash.  This will enable you to sell your house with certainty and speed. 

Sell in just 10 days. We’ll pay your legal fees of £1,500.  Get your solicitor to send our solicitors the contract.

Sell with certainty & speed

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Property Saviour Price Promise

  • The price we’ll offer is the price that you will receive with no hidden deductions.
  • Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
  • These valuations or surveys result in delays and price reductions later on.
  • We are cash buyers.  There are no surveys.
  • We always provide proof of funds with every formal offer issued.
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We'll Pay £1,500 Towards Your Legal Fees

  • No long exclusivity agreement to sign because we are the buyers.
  • You are welcome to use your own solicitor. 
  • If you don’t have one, we can ask our solicitors for recommendations.
  • We share our solicitor’s details and issue a Memorandum of Sale. 
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Sell With Certainty & Speed

  • Our approach is transparent and ethical, which is why sellers trust us.
  • 100% Discretion guaranteed. 
  • If you have another buyer, you can put us in a contracts race to see who completes first.
  • Complete in 10 days or at a timescale that works for you.  You are in control.
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