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Apr 26

7 money saving tips when selling a house

Reading Time: 3 mins

When it comes to selling a house it’s often a stressful and costly process. Hiring removal vans, paying solicitors and doing repairs to make sure your property sells and that the condition is good enough for your buyer. There are however several ways you can sell your house and save money. We’ve chosen our 7 best money saving tips when it comes to selling so you can cut the costs whilst you move.

 

Use an online estate agent

Many consumers believe that selling their house with a traditional estate agent at a higher price is going to get them a better service in some way. In actual fact companies that offer lower fixed fees and operate online have just as high a success rate at selling property in the UK. A traditional estate agent is going to charge in excess of 1.5% of the overall sale price of your home, where as some online estate agents like Yopa.co.uk offer a fixed fee of just £899. This could be a substantial saving, and really all the agent is doing is listing on the portals like Rightmove and Zoopla.

 

Save money on packing

Buying cardboard boxes and packaging materials can prove costly. Why not consider going to your local supermarket and asking if they have any spare. If there are a number of industrial sites located close to you, a number of companies dispose of cardboard boxes on a daily basis. You could explain your situation and ask if they would give you some to assist with your move.

Make sure to shop around when it comes to removals too. If you have help with lifting, you could consider hiring a van and doing the work yourself. Better yet if you have a friend who has a van you could use – it may be worth asking them.

 

List your house on an FSBO website

FSBO or For Sale By Owner websites are increasingly becoming popular with home sellers due to the low entry point and often zero fees. The House Shop is probably one of the biggest FSBO websites in the UK and very easy to list a house for sale yourself using their straight forward application process. The downside to FSBO websites are they receive limited traffic, however it can’t hurt to advertise on them alongside your current estate agents advertising.

 

Ask friends and family to help

There’s nothing like an extra few sets of hands when it comes to moving and asking friends and family means you should ideally not need to pay them!

 

Choose a low cost solicitor

Like anything quotes from solicitors can very hugely, so it’s always an idea to get at least three independent quotes before deciding. Be sure to ask solicitors about hidden charges and ask for an itemised quote so you know what you are paying for. Some homeowners choose to do their own conveyancing lowering the cost of the legal bill even further. However you will need time on your hands and have some degree of legal knowledge to do this.

 

Changing suppliers

Moving property is a great opportunity to access exclusive deals from gas, electricity and home broadband providers. If your contract ends with the property you are in it could be a good idea to check out a comparison website like https://www.comparethemarket.com/ to see if you can make any savings.

 

Increasing your home’s value

If you haven’t yet sold your house but thinking about it; you may want to hold off until your can increase your asking price. This may mean doing some repairs or essential upgrades that will enable you to sell at a higher rate and earn more money from your home. If you need to sell your house quickly and get the best possible price for you home you could take a look at readysteadysell.co.uk/sell-house-fast from Ready Steady Sell who offer a multitude of ways to sell a home fast.

Remember, the key to a successful house sale is to be smart and plan everything out. Think about where you can save money on non-essentials so that you have the funds to spend on your new home when you eventually move.

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