Cutting The Relocation Cost - Selling A Property Privately And Quickly


by APP Manager - Date: 2007-04-20 - Word Count: 409 Share This!

Reduce Relocation Costs - Selling Your Property Privately and Quickly

Selling your property and relocating to another part of the UK is costly. In the South East and in London, where the base property prices are higher than average, fees and closing costs will be considerable. According to research, a family moving between properties in London can expect to pay around 400.

So where does all the money go? Right off the top, a solicitor is going to take a considerable share. For someone selling their house, the legal fees for a solicitor usually come in around 6,000. This sum of money, combined with the fact that many estate agents tend to have a reputation not to be proud of, causes people to be reluctant about getting an estate agent for help to sell their homes.

Luckily, with our growing technology, sellers can omit estate agents through other means to sell their homes direct to buyers in the UK and beyond. They can save themselves quite a bit of money in the process as no estate agent fees will be collected. There are many different internet sites out there that let you to sell by owner. Most sites allow you to build your profile, including a description and incentives offered, and also upload images to generate interest. These websites are found online by searching for something such as ' selling your house privately '.

In addition to listing privately online, you can achieve a no-fees sale by selling to a property company specializing in cash purchase services. These companies pay fees related to the sale and usually will close the sale far more quickly than a buyer sourced through a realtor or over the internet. As can be guessed, with quick house sale services, the drawback is usually a lower offer for the purchase of your home. To many people this may not be practical, but to others the certainty of a quick sale is worth the discounted price.

Most likely those that are most troubled by the fees associated with selling are those who are thinking about selling due to financial problems. Families in this circumstance do not want to sell at all but have no choice. When this is the case, the option of the sell and rent back service might appeal to them as they sell their property but get to keep living in it as tenants with the option to purchase it again in the future after their financial situation is stable.

Related Tags: quick house sale, sell and rent back, quick property sale, sale and rent back

Oliver Darraugh is a freelance journalist online that writes and researches about UK mortgages and quick property sale services. He resides in Birmingham.

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