I'm a property expert that still remembers the days when having broadband was a selling point! My articles cover issues that homesellers face in the UK and answer the questions we're all asking. I've bought and sold properties and helped others do the same, so my writing comes from years of experience.
Read Full Bio >What Is the Best Way to Sell a House Fast in 2024?
If you’ve fallen behind on your mortgage payment and want out or are simply looking to relocate, then it’s likely you want to sell your house fast.
At Springbok Properties, we are one of the UK’s biggest property buyers; the reality is that selling a house quickly can prove to be a challenge, particularly if you’re hoping to find a suitable buyer and close a sale within a brief span.
It can take several weeks or months to sell your house. Thankfully, there’s never a one-size fits all approach when you want to sell your house fast.
The COVID-19 Effect on Property Prices
In the wake of the Covid-19 pandemic, many players in the property market anticipated the worst. Obviously, because of the lockdown that brought the market to a standstill. However, things changed with the easing of the lockdown rules.
Then there was a sudden spike in demand that went into 2021.
The drop in the base rate coupled with a continuation of government schemes like Help to Buy served as an economic stimulus. As a result, house prices grew by over 10% in 2021. We expect to see sustained demand for property as 2024 progresses. Consequently, you should be able to sell your house fast.
What then is the best way to sell your house fast in 2024?
There are many reasons you may want a fast house sale. Luckily, you’re in control over which approach you can take to unlock the money you need to access so badly within a short time. Here are some reasons a quick house sale is the best option for you:
- You’re going through a divorce or separation
- Being in a broken chain–a buyer has pulled out
- You’re selling inherited property
- Your mortgage is in arrears and you’re at risk of repossession
- Underlying legal issues are a turnoff for most buyers
- The property is in a bad state, hence difficult to find a buyer in the open market
- Your estate agent isn’t doing a great job
- You don’t want to pay estate agency/legal fees
- You want the sale to be private
3 Ways to Sell your House Fast in 2024
Let’s look at the best ways to sell your house quickly:
1. Sell to a Cash Buyer like Springbok Properties
The number one way to guarantee a quick house sale in 2024 is selling your house to a reputable quick house sale company like Springbok Properties. We’re a leading cash buyer that takes pride in a team of carefully selected professionals committed to helping clients achieve a quick house sale.
At Springbok Properties, we differentiate ourselves from the competition by staying true to our word. We give you an honest valuation and help you through the sale so you can have money in the bank in between 7 and 28 days.
What’s more? You don’t have to pay any legal or estate agent fees.
However, you must be ready to accept about 75-80% of your property’s market value. This is the easiest and most efficient way to sell your house when you’re short of time because these companies don’t rely on external financing like mortgages.
2. Property Auction Sale
You can also secure a fast sale for your house through a property auction. This is a good option if your house needs work, has a short lease or has a defective title. However, you must keep in mind that you’re not guaranteed of finding a buyer immediately.
The main advantage here is that you’ll get your house listed within days thus guaranteeing you exposure to prospective buyers.
If you’re going to sell your house fast through a property auction sale, you can expect the completion of the sale within 28 days after the fall of the hammer. Just like with the property buying company, you can expect to sell your house for about 75-85% market value.
3. 30-Day Estate Agency
This option is great if the fast house sale company is offering a price that is unacceptable or traditional estate agents haven’t found a serious buyer or you want to sell your house fast for 95-100% market value.
If you don’t mind selling your house fast for a small discount, then you need to look out for legitimate 30-day house sale specialists to sell your house. These are mostly quick sale experts that work closely with quick house sale companies.
The advantage of dealing with 30-day estate agency specialists is that they are not as expensive yet amazingly effective at beating the market. This gives you the opportunity to sell faster by securing multiple buyers at a reasonable percentage of your property’s market value.
However, you must make sure you know where to find them.
Well, you’ll be surprised at just how many options there are out there when you want to sell your house fast in 2024. All you must do is look at the different options to determine what works best for you.