5 Steps How To Sell Quick
How to sell your property quickly
Our guide to help you sell your property quickly compared to the conventional sales process:
Step 1: Contact Quick Purchase by either via applying online or on 0800 5999 000 (24 hour free phone number)
Step 2: A Quick Purchase representative will discuss your requirements and take necessary details about your property.
Step 3: Your Quick Purchase representative (who is assigned to you) will then carry out necessary research to ascertain the ‘Realistic Local Market Value of your property’.
Step 4: You are then advised of an indicative offer via the telephone and if you wish to proceed further your Quick Purchase representative will arrange a time (that suits you) to meet at your property (generally within 24 - 48 hours).
Step 5: Once we have viewed the property, discussed the solutions available to you and you wish to proceed with selling to Quick Purchase, we will ‘Exchange Contracts’ immediately and handle all the paperwork.
The whole process of a Quick Sale to Quick Purchase will take no longer than 4 weeks and can be done in as little as 7 days if required.
9 Steps (or more) to sell your property the Conventional way
Step 1: Ring and arrange a minimum of 3 estate agents to value your property which is going to take about 3 hours
Step 2: Once you have decided on an agent you then need to arrange for that estate agent to revisit your property to take the details, photo’s and sign an estate agency agreement committing to pay them a commission (generally 1.5 - 2.5%) this will probably take about an hour.
Step 3: You will then have to conduct a series of viewings
Step 4: Wait for a prospective buyer to make an offer
Step 5: Consider any offers taking into consideration whether the prospective buyer has a chain or not, as this may break at any point. Read more about how a Chain Break happens
Step 6: Wait for the buyer to have a survey carried out which generally can take up to 3 weeks
Step 7: The buyer will receive the results of the survey, generally a week after the survey has taken place, then will either want to proceed with the sale or withdraw depending on the results. (If they withdrawn then back to step 3)
Step 8: Wait for all the legal work to be finalised which generally takes up to 12 weeks, which is a national average, for the legal process. There may also be problems that come up in the legal work for example bad searches, section 20 notices (if it’s a leasehold property) etc….. and again you run the risk of the purchaser withdrawing from the sale (back to step 3 again). If everything is ok you will exchange contracts and set a completion day.
Step 9: Finally, Paying the bills. You will have to pay your solicitor, which is generally around £700-£1200 + VAT including all disbursements, your estate agents their commission 1.5 - 2.5% + VAT and your removal men which could start from around £800 +VAT
The whole process of selling conventionally could take around 5-6 months if you find a buyer straight away and there are no problems during the process. But if there are problems or you struggle to find a buyer it could take years. In any case selling the conventional way won't get you a fast property sale.
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