When you’re looking to sell your UK home, it can be difficult to choose the right kind of buyer. Cash buyers are a good option, but at first glance, they pay less than a real estate agent might for your home. However, when you work with a real estate agent, you have to repair and renovate your home, get it inspected, and pay for listings—there are a lot of expenses that go into selling a home! When selling your house in the UK, should you choose to sell it with a cash buyer or a real estate agent?
Should You Work with Cash Buyers?
Cash buyers are a great way to sell your UK home. Cash buyers already have all the money they need to purchase your home, so you don’t have to muddle through disagreements with stingy mortgage lenders. Furthermore, it doesn’t matter what condition your property is in and whether or not you pass a home inspection! You can have a leaky roof, a sinking basement, or even a broken plumbing system, and a cash buyer will still purchase your home. You’re selling in as-is condition, and that means you don’t have to repair anything before a cash buyer is willing to pay for your home. Cash buyers are ready and willing to purchase your problem home, no matter how it might look or the problems it might have. Cash buyers already have the money they need to complete your sale, so there’s no chance that they’ll ever fall through on your sale. Your sale is guaranteed every time you sell with a cash buyer, which makes them one of the best types of house buyers in the UK.
Should You Work with Real Estate Agents?
Real estate agents are one of the most well-known ways to sell your house in the UK. They’re the person everyone calls when they need to deal with a property, but should they? Sure, real estate agents know all of the ins and the outs of the market, the best places to list your property, and everything about anything in how to make a sale official and legal. However, they’re also looking for a paycheck. Real estate agent fees can cut a pretty penny out of your final profits, and since real estate agents are paid on commission, that means they’ll get a percentage of your final profits. Even worse, when you work with a realtor, you have to pay for a home inspection. If your property doesn’t pass, you’ll have to pay for repairs that make it habitable again, and that can cost extra. Overall, working with a real estate agent is expensive, and once you take a look at how much money you make versus how much gets slowly subtracted from your savings, you’re basically making the same amount of profits as you would while working with a cash buyer. Real estate agents can slow down your sale, overprice your home, and steal your hard-earned money through slow repairs, renovations, and even costly listings. Cash buyers, on the other hand, are simple to work with and give you exactly the same amount of money. Real estate agents aren’t usually the best choice for your home, and it shows.
UK House Buyers and the Best Choice for You
It’s easy and simple to sell with cash house buyers in the UK. When you work with cash buyers, you know that you’re guaranteed a sale and you can sell your home no matter the condition it’s in. On the other hand, real estate agents can make you more money than a cash buyer– at the cost of your savings. Real estate agents make you do necessary repairs and renovations on your home that are supposed to raise the price of your home, but in all actuality, they just take money out of your pocket. In addition to that, real estate agent fees are high and can take a large percentage of your profits. When you sell with cash buyers, you don’t have to worry about that! Instead, you can sell your house in as-is condition for just as much as you’d earn with a real estate agent. But really, the choice is yours– will you sell with a real estate agent or a cash buyer?
