So if it’s too hard to sell your house fast at 100% market value, how near can I get?
Even through an estate agent it’s unlikely you will receive 100% sale value when selling your home, because many people will expect to negotiate and agree some sort of price reduction, however small. Take into account agents’ fees too and you’ve lost a few percent. So, no, if you want to sell your house fast at 100% of market value that is probably unattainable.
The fact is that you will probably receive around 70% of sale value from most other quick sale organisations if you are lucky. But don’t despair, look at the actual prices of homes sold of many of Flying Homes customers selling recently with our help. Many of our clients have averaged 94% to 95% of the sale price.
Don’t Accept 70% of Sale Value From Quick Property Buyers
Many national homebuyers and quick house sale businesses simply buy property cheaply, so cheap in fact sometimes well below what is a fair price. Usually these companies buy at 65-70% of sale value and then ‘flip’ your home to another buyer. Flipping is a term much coined in the heady heights of the property boom, where properties would be purchased often off plan, and then resold to someone else even before the properties had been built, earning the seller a nice cash profit. Now ‘flipping’ seems to be making a bit of a comeback according to some newspapers.
Signs of a Housing Market Recovery?
But really there is no need to accept 65-70% of sale value in the current housing market even if you want a quick sale of your home. There are more signs that the market is improving with Taylor Wimpey, one of the UK’s largest housebuilders reporting a significant improvement in the market (as reported in the Telegraph 7 July 2013), and the Express has also reported ‘soaring house prices’. However, these newspaper reports should always be treated with a little caution, as invariably they tend to overstate the actual position or jump onto prices soaring in one part of the country and not the other, (such as London and the South East property prices which seem to buck the trend).
How to get a quick sale of your home in the current market
To get a quick sale at the right price and in a time frame which suits you best you just need to choose the right partner, Flying Homes. We get more for your home than probably any other quick sale organisation, check out properties that we have sold recently. Call us today on 0800 68 99 420 (or fill in the quote request) and make this move the right move!
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I contacted Flying Homes a year or so ago. Although I didn't instruct them to sell my house immediately they were very professional and helpful. A few months passed by and after becoming increasingly disillusioned with my estate agent I gave Flying Homes a go. 4 weeks later my sale was agreed and we were exchanging contracts. I cannot thank them enough!