It’s no secret that selling property through an estate agent is usually a relatively slow and stressful process.
Using this process means you’re at the mercy of:
However, if you’re the owner of a bungalow that you wish to sell, placing this type of home on the property market may be a sensible idea – as they’re often in high demand.
There is still no guarantee that you’ll sell quickly; there are a number of factors that will influence the success of your sale.
If you’re concerned about the process of selling your bungalow and wish to explore the options available to you, read on.
The team at Property Solvers have compiled this guide to selling your bungalow quickly.
Bungalows have long been in demand due to a number of advantages they provide, so depending on the particular circumstances of your property, you may find that it spends a relatively short amount of time on the market. But why are bungalows likely to sell?
Many potential buyers seek out bungalows because they are:
Whether the buyer wishes to live in the property as it is, add extensions or simply knock the building down and start from scratch, bungalows offer a flexible option for all three eventualities.
Before you decide to put your bungalow on the market, you need to consider the following matters, as they will heavily affect the speed at which the property will sell:
Luckily, you are able to make changes relating to most of these elements. Doing so will improve your chances of securing a fast sale.
If you’re concerned that your bungalow is currently unlikely to sell, or if you have a very tight time limit in which to make the sale, you can take the following approaches to increase the likelihood of success:
Here, we’ll explore these points in more detail:
Clear out and clean all spaces to make them look fresh and new.
Apply a lick of paint to scuffed or tired-looking walls, deep-clean carpets, fix and polish furniture and tidy up outdoor spaces.
Take care that your estate agent displays a good number of photographs of your property and that they are attractive and well-lit.
Why not take the official photographs of your property yourself, or hire a professional photographer, to ensure it looks its best?
You should also share links to your bungalow’s estate agency profile on social media.
Plus, there are various property-related networking events you can attend in-person to promote your home via word of mouth.
Everyone wants to make a profit, but if time is of the essence, it may be more sensible to adjust your bungalow’s asking price.
Take your time to decide which organisation is the best fit for your property.
Of course, you don’t have to choose an estate agent at all. There are companies that specialise in purchasing your property from you directly, for cash, or providing an express sale service.
It’s important to consider whether this is a better option for selling your bungalow.
If the above steps have failed, you might consider:
There are a number of benefits to both selling your bungalow to a home buying company for cash and taking the traditional route by waiting for a buyer.
It’s important for you to take your time and consider the perks that both have to offer before making a decision.
This is the best approach to take if you have the following priorities when selling your bungalow:
While this does involve waiting for a buyer, it doesn’t mean you’ll have to use a typical estate agent – there are companies you can use who specialise in selling properties in as little as 28 days via an express sale service. This option makes a superb choice if you prefer:
Of course, as a bungalow owner, you’ll have a unique perspective on the property market due to their demand – so does this make a difference to the amount you’ll receive when selling your home for cash or for market price?
Due to the considerable demand for bungalows and the comparatively short supply, bungalow owners are more likely to find that their properties are less likely to depreciate.
While this means that you’re more likely to achieve 100% of your bungalow’s market value, it also gives you a little more leeway if you need to sell fast – as a home buying company will understand the property’s worth and may offer more as a result.
Ultimately, you are the only one who can decide whether to sell your property for cash upfront.
This choice often comes down to the question: is speed or profit your priority?
If you decide to sell for cash, you also need to take care when choosing a company to which you plan to sell.
While many home buying companies provide a service that is totally above board, there is always the possibility of getting mixed up with scam artists.
This is due to the industry’s reputation for:
There are a number of ways you can check that your chosen company is legitimate; we’ll explain these below.
There is a clear set of checks you should undertake to ensure that you will not be subjected to a scam when selling your property for cash. These include:
In order to achieve a quick sale for your bungalow, you need to consider:
Your options will include:
Property Solvers is a leading home buying company with over 16 years of experience. We offer:
A possible 75% to 100% of your property’s market price.