We dig into everything you need to know about both sides
And find out what option might be more suited to your personal circumstances
Ding, ding, ding! In one corner, we have the sell house fast companies & in the other online and traditional estate agents.
But which is better?
Spoilers, neither option is “better” than the other, it completely depends on your situation as to which option might be better for you in your unique circumstance. In this article we give you a rundown of what exactly these two methods of selling are, the pro’s & con’s and the circumstances either option might be best for.
You can navigate to the section you’re most interested in reading by using the table of contents below:
Sell House Fast companies, or cash house buyers, are an increasingly popular way of selling your home – an alternative option to the traditional, in which you can sell your house directly to a company for cash, in a guaranteed timeframe.
Most companies will quote they can buy your house in anywhere between 7-10 days, which is mainly due to being able to operate with cash, so there’s no need for a mortgage, and having great business relationships with solicitors.
In return for the speed for a quick sale, they won’t offer you full market value – and if they do, avoid them! It’s not a suitable option for all, but if you are in need of a quick sale, it could be a beneficial option to at least explore, but we’ll dig more into that later.
Estate agents come in two forms nowadays – the online-only estate agents and your more traditional brick and mortar options. As you may already be aware, estate agents are the most common way of selling your home.
They will visit your property, get you to sign a contract to sell with them for an agreed fee which is usually either a percentage of the sale price or an agreed fixed cost. Once you’ve done that, they will photograph your property and put it live on online property portals like Rightmove, Zoopla or more.
You will then hopefully attract enquiries through the general public to view your property and the viewings can often be done through yourself or an estate agent, depending on your original agreement. Some of the better estate agents will go a few steps beyond, trying to attract potential viewers from other properties they have on the books, sending out flyers or emailing their databases to push your property.
This method can take a lot of time as there’s a lot to consider such as the asking price being correct, the pictures being good, the fact the potential buyer will likely need a mortgage & more. That being said you are able to list the property for the price you wish and you’ll likely achieve close to this value if you’ve marketed it correctly.
As with any method of sale, there are pros and cons. You really need to consider the type of method you want to use to sell your home based on your unique situation, which is why it’s integral to have a good idea of what the pros and cons of the sell house fast service is, and whether it’s suitable for you specifically!
Now lets move on to estate agents to offer a comparison with sell house fast companies,
As we’ve made clear throughout, it really depends on your personal circumstance. If you can wait, have the spare time and money to warrant a sale through an estate agent, then that’s definitely the method that you should use as it will maximise your profit.
If you require a sale that is more guaranteed, with a fixed completion date, then a fast house sale might be the option for you. That being said, you need to be able to have some flexibility on the sale price, as you won’t get offered full market value.
We tend to find that our sell house fast service works for some particular circumstances and scenarios, such as if someone is wanting to relocate for work, has inherited a property or is maybe wanting to escape some financial trouble.
If you’ve decided that an estate agent might be right for you, the next question you may ask is how you can go about finding the best one! There’s a lot you need to consider when trying to find the best estate agent – and the biggest point is throughout everything you’ve got to remember that the estate agent works for you!
Let’s breakdown the steps and aspects you should consider when choosing an estate agent:
Creating a list
Invite the estate agent(s) to visit your home
If you’re leaning more towards selling to a cash house buyer, then similarly you want to try and find the best company that is trustworthy and you’re going to get the best trade price. Just like estate agents, there are a lot of things to consider, and watch out for, as well as some tips to ensure you’re getting a good deal.
Here’s the breakdown on how to choose a cash buyer:
Choosing the right cash house buyer
What to watch out for
Some tips for dealing with quick house sale companies
We’ve collected a few of the common questions we get around whether people should go with an estate agent or choose a service like ours, and we’ve answered them for you below:
Will I make more money selling through an estate agent or to a fast house buying company?
An estate agent. Fast house buying companies such as ourselves offer below market value, and you’re likely to achieve more through the open market, but it takes a lot longer.
How do I know I can trust a cash house buying company?
You should make sure they are members of The National Association of Property Buyers and The Property Ombudsman & on top of that, make sure you read through reviews on third-party platforms.
How long will a house buying company take to buy my property?
It really depends on the property and the circumstances, and we can only really speak for ourselves here & say that we can complete within a timeframe that you want. We’ve actually bought a house in under 48 hours before, but that was a rare occasion and we typically say 7 days.
What will a cash house buying company offer me?
Again this really depends on the company, you would expect it to be anywhere around the 70-85% of the market value range. Every company will offer slightly different and it’s obviously dictated quite heavily by the initial valuation, so you should shop around and find the best deal – as long as it doesn’t seem too good to be true!
Want to find out more? You can give one of our property experts a call on:0800 024 8444
How much can you get from our we buy any house service?
Complete a few details to see if your property qualifies and get a cash offer – remember we buy any property, in any condition, in any location!
5 simple steps to having your property sold!
Our quick (but thorough) 5 step sale process means we can buy your house fast and at a great price
Check to see if your property is eligible check now
Receive an offerfrom us within 24 hours
We’ll visit your property & formalise our offer
We’ll instruct solicitors and pay all fees
Exchange contracts & complete as usual
Why choose us as your cash house buyers?
We’re one of the leading we buy any house UK companies for residential/commercial property and land in England and Wales. We buy using our own cash house buying facility meaning we can offer the best prices in our industry and complete the sale quicker than anyone else.
|Your options||Average sale length||Typical cost to you|
|The Property Buying Company||2-3 weeks||£0.00|
|Other House Buying Companies||2-10 weeks||£1000|
|Property Auction||6-10 weeks||£2500-£5000|
|Online Estate Agents||16-52 weeks||£1000(upfront)-£5000|
|Estate Agents||16-52 weeks||£5000|
Unlike most of the other options available to you, we are not a broker or middle man, meaning you skip the fees and get a sale quickly and easily.
The Property Buying Company is registered with the Property Ombudsman and is a member of the National Association of Property Buyers
Properties bought by us
Of our own money spent buying
property for cash
Average time taken from initial offer
We'll beat any genuine cash offer!
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