The True Costs Of Selling Your House


FREE No Obligation Cash OfferThe majority of people believe the only way to sell their house and make money is to list it with a local estate agent.

This simply is not the case. Let's explain why.

Estate Agents over value the property to start with. The reason for them doing this is to get your valued instructions and beat off their rival competitors (ie other estate agents).

After a couple of months of low offers or no viewings you are forced to drop the price. Alternatively you leave the property on at the original price and your house just sits there and stagnates. The estate agent then stops concentrating on your property and moves on to some new instructions.

In the meantime your stress levels are building up as you can see no light at the end of the tunnel. Not only is this costing you time and money it is also preventing you from moving on with your life or the purchase of your next house.

People do not realise exactly what it costs financially and mentally whilst sitting there and waiting for someone to come and buy your house.

Lots of different cost factors have to be considered. As each month goes by you are still paying mortgage payments, council tax, and utility bills. Then when you do sell your house you have the estate agent fees and solicitor costs. It takes on average between six and seven months to sell your house from the first date it was listed.

Why wait when A Quick House Buyer can buy your house for cash today. The True costs of selling your house through an Estate Agent and what you ACTUALLY walk away with!

Let's take a look at a typical property sale of £160,000 and see.

The agent values your property at £160,000; they arrive at a figure they think you will like to get your instruction for them to sell it.

Properties nearly always go for less than the market value; this typically is a reduction of 8%;

So 8% of £160,000 is £12800 leaving us with a new figure of £147,200

Next up is the survey; if your house requires work doing to it or something alarming shows up in the survey like you are in a flood risk area then the cost is reduced again, this time by around 2%

That's another £3200 I'm afraid and it's you paying again!

Time now to pay the agent 2.75% of the original price will leave you with a bill of £4400

You are now down to £139,600

Legal fees £1200; no way around this one with an Estate Agent (Free with A Quick House Buyer)

Down Again.£138,400 is now our figure; however we are not finished yet!

The average time taken to sell a property of £160,000 is around 6 months, so that will be 6 months of Mortgage, Secured Loans and un Secured Loans please.based on average payments for a dwelling like this the cost to you Mr Vendor is £6400

Throw in your Council Tax, Buildings Insurance, Contents Insurance, Utility Bills, etc
£2000

Toss in the HIP's Pack £470

You are walking away with £129,530

A Quick House Buyer would allow you to walk away with £131,200 and you can have that the day you decide to sell your property or have become dissatisfied with your Estate Agents efforts not to sell your home..£1670 better off

Try Our True Costs Calculator Here

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