Looking For House Buyers In Durham?
We Analyse The 3 Ways To Sell Your House In Durham
If you own a house and are thinking about selling to house buyers in Durham, you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine which way is best for you.
For most people, owning a house is the largest purchase of their lives. So it’s not surprising that the process of buying a house or selling a house can be extremely complex.
Over the years, three house-selling options have developed to allow house owners like you to sell to house buyers in Durham. As you think about selling your house, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Not sure which of these methods below is right for you? Click here to fill out the form or call 0191 486 2386 and we’d be happy to give you a no-obligation consultation.
House-Selling Method #1: Sell Through An Estate Agent
This is the traditional way to sell your house, so it’s also the most common. In this house-selling method, the house owner chooses an estate agent who will list the house.
The agent acts as a “middleman,” showing prospective house buyers in Durham through your house until one of those buyers decides to buy. They’ll make an offer, the agent will negotiate on your behalf, and then you’ll close.
The timeline on this selling method can take months (the average is 3-6 months). Sellers who choose this method prefer to gamble on the timeline to do less work (the agent does the work) and with the hopes of selling at the market price. However, sellers who use this method will often need to spend money up-front to repair their house first, and then spend money after the sale on agent fees and commissions.
House-Selling Method #2: Sell On Your Own
This method of selling has grown up in response to a desire to save money on agent commissions. The process is very similar to the above method of selling but it’s done by the house owner themselves, and not by an agent.
The house owner lists their house shows it to prospective buyers, negotiates with the buyer, and closes the deal.
There are a lot of similarities – the timeline is usually the same and the house owner will still have to pay up-front for repairs on their house to make it sellable. Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions.
House-Selling Method #3: Sell Direct To House Buyer In Durham
This method of selling is gaining popularity as house owners look for a third way to sell. This process is very different – it’s also faster, easier, and doesn’t cost the house owner anything (so it’s not surprising that this method is gaining popularity).
Rather than listing and showing the house or negotiating, the house owner simply sells their house direct to professional house buyers in Durham with cash and who is ready to buy the house as-is right now.
It’s faster – the buyer has money and is ready to buy; it’s easier on the seller – there is no expense or effort to repair the house before it’s sold, and it doesn’t cost the house owner anything – professional house buyers (like what we do here at Sell with Richard) usually pay closing costs and fees.