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Customarily, house sales have been dealt with with estate agents. What is becoming more and more popular however, is the potential of a private sale to a property company. Coming to a decision as to which technique is more beneficial will mean being well-informed of the benefits and potential drawbacks of both, especially if time is important.

With the established route of finding an estate agent (or two) and coordinating a meeting, photographs will be taken and the home is then advertised in the agent's offices and in local newspapers. Some, but not all, estate agents will also place your house online which will mean more advertisement. In time, you'll get your very first interested parties to view the home. For every viewing, the home really should look its best because each visitor could potentially purchase it. Unfortunately, as many who have gone through this procedure know too well, the majority of viewings won't end in interest, and some people are just there because they're curious. It may take around 15 property viewings before a buyer is located. The buyer then has to arrange a mortgage loan which may take a couple of months. Throughout this, payments on the mortgage still have to be made.

It is during this time that, for most, the nightmare and stress begins. Potential buyers can change their minds for various reasons, things can be delayed due to solicitors and surveys, or even worse, the home buyer is more than likely attempting to sell their own home and it doesn't work out. According to figures put out by the government, there is a one out of three chance of the transaction falling through. Regardless, there are going to be some sales that will go through successfully after one or two months.

There is one report that learned that many consumers who are entering the home buying or selling process are substantially disadvantaged because of the way estate agents currently operate. The agents incentives may be seen as incompatible with the seller for a number of reasons. There are some people who are happy with the service provided by estate agents but there are many who are not as lucky. As a result, and in an endeavor to sell a house quickly, there are thousands of people in the UK that are selling their houses on their own which means they have control over the procedure and the agent and his fees can be cut out.

You can sell your property direct to a private buyer online or to a company that specializes in quick property sales. Property companies like these can usually be found advertising in the local newspaper or on the internet. They will discuss your current situation with you and generally will give an offer within one or two days. These companies can finish a lot of sales fairly quickly because they purchase with cash and don't get caught up in chains. For this service, they'll typically give an offer that's under the market value of your property (10-20 percent lower, on average).

However, they do feature the incentives of a sale that's quick and efficient. There are no estate agent's fees incurred and legal fees will be paid by them. Many can recommend solicitors that will work at their fast pace. In the event the reason behind selling the property is a result of financial burdens, many of these companies offer a sale and rent back service which lets you stay living in the house as a tenant and relieves you of the anxiety and stress of searching for a new home. If you wish, they could also offer the opportunity to re-purchase the house in the future at a discounted rate when your financial situation is stronger.

To conclude, if you have time on your side and a reliable and a sincere estate agent in your corner, this will likely be the the very best way to get an offer that is as close to market value as it can be. But, if you are okay with making a concession and taking a price that's discounted, you can get a stress free private quick sale, saving on additional costs and providing other incentives particularly if in a time of financial difficulty.