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Estate Agents in London
They say that moving house is one of the most stressful and biggest events in a person’s life. What they fail to mention is that a lot of that stress comes not from the physical moving but rather trying to deal with selling the property you want to leave behind.
Every estate agent in the UK will claim that their service is the easiest, simplest and cheapest in the industry, only to blindside their clients with ridiculous fees and waiting times, often taking months to years to sell a property. This is only worsened in London with the city’s constantly changing property market. But what if there was a London-fluent estate agent out there who was exactly who they advertise themselves to be?
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Why Am I Struggling To Sell My London Property?
You would think that selling a property in London would be a walk in the park considering how many people from all over the world have strived to make London their home, both historically and in current times. However, in recent years, London’s property market has evolved, leading many homeowners to question why their properties aren’t attracting buyers as quickly as expected.
The main contributing factor to this challenge is shown via data from the Office for National Statistics (ONS) that reveals how house prices in London have shown varying levels of growth over the years. The property market has slowed down, making it harder for sellers to find reliable buyers. Inflation in every industry has made buyers more cautious about investing in property, leading to a shift in buyer behaviour and a longer timeline for selling London property.
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How Hard Is It To Sell Property In London?
Data from PropertyData.co.uk’s house price charts show just how intricate London’s property market truly is. For sellers, this means that property valuations and market expectations need to be considered more so than they would need to be in other areas of the UK currently to ensure better success in London’s present property market dynamic – a hard task in itself.
This challenge is only made even more difficult by the absolute importance of timing when trying to sell a house in London’s property market, as highlighted by Property Sell-By Date analysis by Thomas Sanderson. Factors such as seasonality and market trends can impact how quickly a property sells, so finding the right agent that can be as agile and effective as they are knowledgeable about seasonal market trends is key to cracking the seemingly impossible code of London’s property market.
How Long Should It Take To Sell Property In London On Average?
It is hard to pinpoint an exact average time that it would take to sell a property in London as London covers a large area of the UK and a whole range of factors including property type, location, market conditions, and selling method greatly influence the timeline of a successful sale in London’s property market.
Traditionally, the average time for selling property in London could range from several weeks to several months. However, with modern methods like online estate agents and cash house buying, there are ways to dramatically lower that selling time. Online estate agents, for example, are much more versed in using technology to streamline the selling process and utilise innovative platforms to help buyers find and buy a property quicker.
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What Is An Online Estate Agent?
No matter if you are looking to sell a property for the 1st time, 50th time or the last time, it pays to understand all of the selling options available to you. Now nearly as popular as high street estate agents, online estate agents are a modern, technology-driven alternative to traditional agents that offer property selling and buying services digitally. Unlike traditional high street agents, online estate agents operate primarily online, leveraging the power of the internet to connect buyers and sellers. This approach is proving to work perfectly well with the evolving preferences of buyers and addresses the constantly evolving dynamics of London’s property market.
The emergence of online estate agents is a response to the growing demand for convenience, transparency, and cost-effectiveness in property sales. Online estate agents such as Sold provide a range of services, including property valuations, marketing, negotiations, and legal procedures, all while using data-driven insights to enhance the efficiency of the process.
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Who is Sold?
One agency that continues to prove itself as a stand-out choice in the online estate agent industry is Sold, a digital estate agent that is setting the precedence for how properties are bought and sold in London. Sold’s approach is rooted in simplicity, transparency, and efficiency – or essentially, everything you could want and need from an online estate agent. Sold’s website alone serves as a comprehensive resource for sellers looking to navigate the property market with confidence.
What sets Sold apart from others in their industry is their dedication to putting the seller’s experience first. Their extensive services include property valuations, marketing, negotiations, and legal support. With a focus on using technology to simplify each step, Sold empowers sellers to take control of their property sales while benefitting from expert guidance to ensure not just a successful sale but the most successful sale possible.
Still in doubt about Sold’s capabilities? Check out the various review and testimonies from clients that have used Sold to sell their property. Few, if any, clients have been disappointed with their final sale, with many going back to use Sold again and again.
How Is Sold Better Than Traditional High Street Agents?
Sold is so easily distinguishable from a traditional high street agent not only because they are based online compared to a physical office but also because they continuously lead into new and proven innovative approaches that combine the best of online and traditional property agents. Traditional agents often involve in-person meetings and administrative complexities, Sold harnesses the power of technology to offer a streamlined and efficient process. This means sellers can access the same range of services that a traditional estate agent would offer, from property valuation to marketing, negotiations, and legal support, all from the comfort of their own homes.
There is also the absolute transparency in which Sold operates. Sold’s platform and buying/ selling processes ensure that sellers are well-informed at every step, empowering them to make confident decisions. You need only note Sold’s free valuation service which offers sellers a convenient way to initiate the first steps of selling a property, a step that includes a step-by-step guide explaining each stage of the selling process and what to expect from Sold throughout. Comparatively, traditional estate agents are notorious for hiding fees, length processes and true-to-market values from their clients, not offering sellers the best sale of their property possible, both financially and personally.
Why Should I Choose Sold Over Other Online Agents?
There is no denying that London’s landscape of online estate agents is diverse and continues to get more diverse as the concept of online estate agents grows more and more appealing to Londoners struggling to sell their property or find their perfect home. It seems pretty bold of Sold to claim to be on top of their industry, yet they keep proving that point.
Sold’s commitment to providing exceptional value through their “sell for free” model is a game-changer, significantly reducing the costs associated with selling a property. This unique approach, where the buyer covers the seller’s fees, showcases Sold’s dedication to prioritising the seller’s interests. More so, Sold uses data-driven insights and expert guidance to provide sellers and clients alike with true, in-depth, industry-relevant support no matter the property they are selling.
How Fast Can I Sell My London Property With Sold?
Sold has established itself firmly enough in London’s property market that its agents now have the experience needed to streamline the selling process to better align with the urgency required for a successful sale in London’s property market. While it is true that individual timelines will vary slightly as each property’s needs are unique, Sold strives to have your property sold in a matter of weeks. Better yet, this is an ambition that Sold continues to achieve with 75% of all properties sold via the estate agents being sold within 30 days.
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How Much Does It Usually Cost To Sell A Property In London?
It is easy to put off selling your property for as long as possible simply because of how much you have to invest in traditional estate agent fees (never mind the hidden fees) just to being the selling process with no guarantee of an actual sale. Then there is the percentage of the sale price that traditional high street agents charge as their main fee, which can end up being a substantial sum of your total property profit, particularly for properties with higher values. It is no wonder that sellers are often left questioning whether there’s a more cost-effective alternative.
Due to there being so many hidden and additional fees, it is difficult to set an exact price on how much it typically costs o sell a property in London. Though you can bet that it isn’t cheap.
How Much Does It Cost To Sell A Property With Sold in London?
You may not be able to find an exact figure for how much it is going to cost you in total to sell a London property with other estate agents. However, one look at Sold’s revolutionary selling model that puts sellers first shows just how much more cost-effective it will be to sell your property with Sold. Traditional agent fees are reimagined through Solds “sell for free” approach, where the buyer pays a small fee that covers the seller’s costs. This disruptive concept reduces the financial strain on sellers.
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How Can Sold Sell For Free?
If you have heard of Sold before now, you may have heard them referred to as the online estate agents that can sell your property for free, and this isn’t a lie! Because of Sold’s “sell for free” modern that is made possible through a buyer-funded fee structure when a buyer purchases a property listed by Sold, a small fee is added to the purchase price. This fee covers the seller’s costs, allowing them to sell their property without the traditional agent fees. Even services like property negotiation management and advertising on popular marketplaces like Zoopla and Rightmove are covered by Sold’s revolutionary model, completely eliminating the dreaded hidden costs of selling a property.
What Is Included In Sold's Services?
You may think that because Sold is an entirely online estate agent the amount of services they can offer or what they can do for sellers is limited, but this simply is not the case. Sold offers a whole range of services with even more benefits that many traditional high street estate agents are unable to provide. Sold’s extensive range of services covers every part of the property selling process. From the moment you book a free valuation on the Sold website , you can start a journey guided by cutting-edge technology and dedicated experts.
Sold’s services extend beyond property valuation to encompass professional marketing, negotiations, and legal support. The team behind Sold are highly skilled and experienced professionals in the property industry who will work closely with you, using data-driven insights to optimise your property’s market presence and attract qualified buyers. Your property will be advertised on Sold’s website as well as the appropriate popular property market websites that will best attract the right buyer for you, including Sold’s catalogue of over 20,000 active buyers.
A large part of Sold’s service is their 30-day contract which pushes Sold’s agents to find the right buyer for your property and have your property sold and processed before the 30 days are up. During that time, as part of Sold services, free professional photos and floorplans of your property will be offered to give your house a better chance of being sold.
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Read More About Sold.co.uk in London
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