The Art of selling your house quickly

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With the media focused on reporting the growth that exists in the UK property market, you could be forgiven for thinking that there is little for home-owners to fear in the near-term future. It was also recently reported that British house prices will rise by 50% over the course of the next decade, for example, with the average house price rising from £280,000 to £419,000.

Despite this, there remains a chronic shortfall of listed properties on the market and the potential for negative equity to define the housing sector in 2016 and beyond.

For many, the cost of maintaining their home or upholding the monthly mortgage may prove too much to bear. In this instance, it may be wise to consider the merits of the quick house market, which enables you to complete a quick sale that negates your existing debt liability. Even though the mechanics of such a transaction are entrusted to a reputable company like Property Rescue, however, it is important to you take independent steps towards safeguarding your financial future.

To begin with, it is important that you understand the nature of the quick house sale market. Essentially, professional house buying firms’ value your home before making an offer in cash, and upon acceptance they aim to complete with a maximum period of seven days. While these firms and regulated to ensure that they act fairly, however, it is important to note that they will offer a sum that is below the prevailing market value in exchange for a quick turnaround and completion. This is also crucial to the firm in question completing the deal and making a profit through resale.

With this in mind, it is crucial that you take proactive steps to optimising the short-term value of your home in the meantime. While it would not be cost-effective to invest in large-scale modifications that offer a significant ROI, you should at least de-clutter your living space and make the most of both the interior and exterior layout. The optimisation and utilisation of space is also key, so consider this a crucial priority before organising a valuation.

On a final note, remember that negotiation is also important if you are to achieve the best possible deal. While the small and subtle modifications that you make can be used as leverage, it is also important to manage your expectations in terms of the offer that you should expect. This makes it possible to strike a viable balance with service providers without compromising too much on the value that exists in your home.

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