When it comes to selling their house, most homeowners go down the traditional route of listing their property with a local estate agent and ignore other possibilities.
It’s understandable too, as most property transactions go through an estate agent and it’s a tried and tested method. There can also be a lot of mistrust about cash buying property companies.
However, that’s not to say they don’t work. Educating yourself about the way direct home sales work can alleviate your concerns. Once you understand the convenience of selling directly, you may decide that selling your the North East property directly may actually be the best option.
We’ll explore just four of the reasons why you should choose a direct sale vs. a standard North East estate agent.
Commissions
If there’s one major drawback to selling your the North East property with an estate agent, it’s the commission that you’ll pay on the sale, which is likely to be several thousand pounds.
For this reason, some homeowners decide to try and sell their property by themselves, but if you’ve never done it before it can be quite a daunting prospect.
The third option you have is to sell to a direct buyer like We Buy Homes North East . When you sell to us there’s zero commission or fees to consider, and we’ll give you a comparison of how much you’ll receive from selling directly to us, compared with how much you’d receive when selling via an estate agent. Therefore, you can make the best decision to fit your personal circumstances.
Viewings
Traditional listings mean opening your house to strangers for viewings. Not only can this feel invasive, but it also means you’ll need to spruce the place up a bit and keep it clean and tidy. There’s also the likelihood of last-minute viewings at times that are majorly inconvenient to you.
However, a direct sale of your home to We Buy Homes North East means you never have to worry about the hassle of viewings. And we buy houses in any condition, so there’s no need for a fresh lick of paint either.
Holding Costs
Selling your the North East property the traditional way is a time-consuming process. You’ll be waiting for buyers to conduct searches, have their mortgage approved, and potentially be waiting for their own house to sell first.
While all this is going on, you’ll continue to pay your mortgage, utility bills, council tax, and other monthly maintenance costs.
Therefore, a direct sale to We Buy Homes North East can save you a fortune in holding costs, as we’re able to move at speed. As cash buyers, we’re in a position to buy immediately, and we can complete in as little as one week.
Money
Not only does selling via tan estate agent in he County Durham, Darlington, Newcastle, Gateshead, Sunderland, Northumberland, Middlesbrough, Hartlepool or Stockton-on-Tees areas cost you money in commissions, there can also be other costs that crop up during the selling process too.
For example, your buyer’s searches may find issues that you didn’t even consider to be significant, such as drafty windows or damaged walls. In cases like these, your buyer may decide to renegotiate the asking price, or get you to pay for the repairs yourself, leading to some very unexpected costs.
Because We Buy Homes North East buy properties in any condition, there’s no need to worry about these repair costs, as we’ll take on all the expense of bringing the house up to scratch.
If you have any questions or concerns about a direct sale rather than a traditional estate agent sale, contact We Buy Homes North East on 0191 369 2088 to find out more and have a no-obligation chat.