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Three Ways to Sell Your Home in 2024

1st May 2024 Print
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While the housing market may be slow, it does not mean it is a bad time to sell. There are fewer buyers but with fewer homes on the market, people are eager to get their hands on the property available. Below, we discuss the three best ways to sell your house in 2024.  

Estate Agent 

An estate agent is the best way to sell your home if you want the best price for the house. They will take a commission from the sale, so it is in their best interest to get a great price for the property. For some people, this cut of the profit can cause them to go it alone when selling. However, estate agent fees more than makeup for the work and expertise they bring. They know the process, and legalities and will have a network of buyers looking for your type of property.  

The trick is to get the estate agent that is right for you. Make sure you compare a few before selecting the right one. Look at how much their commission fee is and check reviews and testimonials from third parties. Make sure they are accredited by the National Association of Estate Agents. 

Finally, don't be afraid to tell the agent what you expect and want. This will make it easier for them to understand your needs as a customer.  

Cash for Homes Company 

A cash-for-home company is an organisation that will view your home and make you a cash offer for it. They usually do this to buy a house, renovate it, and sell the home for a profit in a short space of time. This process is a good option for those who want to avoid a property chain. While you will often get a lower offer for your house than you would with an estate agent, one of the huge benefits is the fast turnaround time.  

Make sure you do your research and check reviews on the company. When cash house buyers are experienced, they should have paperwork in place and can have the sale completed in as little as seven days with no hidden fees. This is a huge difference from the six months it could take to complete a sale through an estate agent. 

Auction 

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Though slightly more risky, a middle ground option is an auction. While the legalities will be fine, it is the price where the true gamble lies. Depending on the market, who auctions the property for you, and who sees it, you may get more or less than expected.  

When going to an auction, check the fees. Auction fees can be as high as 10%, a huge amount taken from your profit. If you don't want speed, then it is often cheaper to use a different method. 

There are other methods you can use, such as finding a private buyer. However, these are the methods most used and should guarantee a sale you are happy with. Don't be afraid to shop around and don't rush into anything. 

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