subject: Conducting A Fast Property Sale Is Always Better Than Selling Your House In An Auction [print this page] When a property owner needs to conduct a quick property sale in the UK he usually opts for an auction. A home owner thinks that if he needs to sell house quickly and get quick cash at the same time, then it is always better to bring his housing property to an auction. Though the word auction may sound good it can turn out be an expensive and laborious affair. If you want to sell house quick, then it is always better to get in touch with a reputed property buying company that will not only help you to conduct a fast property sale in the UK but also offer you your asking price.
One reason why you should opt for a company (that helps to conduct a fast property sale) is to know how you can sell house quick in a very short time span. A reputed property firm can help you to sell house quickly (even within a week), whereas an auction can even take a month. The main cause is auctions for housing properties do not happen often. In UK youll find auctions for houses occur in a gap of several weeks.
Another most important factor is you can get a huge sum and most often your asking price, if you conduct a quick property sale with the help of cash property buyers. However, at times, you may find it tough to get the appropriate sum in an auction. Prospective home buyers who want to purchase housing properties through auctions always look for cheap and affordable property deals.
When you conduct a quick property sale with the help of cash home buyers you do not have to pay extra fees or high commission. On the other hand, an auction involves an auction fee. The auction fee consists of an amount (a percentage of the total cost of your housing property). Usually, an auction fee is about 2-3% of the total cost of your housing property (V.A.T inclusive). Sometimes, property owners have to pay a very high amount (thousands of pounds) as auction fees. So, a property owner gains nothing but incurs huge expenses.
Lastly, cash home buyers give you a guarantee that is theyll help you to sell your house fast and offer you a fair amount of money within a short period of time. If they do not purchase your house, theyll find prospective home buyers who will be interested in buying your property immediately and offer you your asking price as well. An auction works in a completely different way. Home buyers bid for your property, but there is no guarantee that theyll purchase it. Sometimes, you have to get in several auctions before you find prospective home buyers. So, you can understand that it can be a very expensive affair.
You have to bear all the expenditures of an auction and this will surely burn a hole in your pocket. On the other hand, if you get in touch with cash home buyers, you can sell your house fast and get your asking price and at the same time, remain aloof from the hassles of a property chain.
