To see just how much you could get by selling your house fast, check out our breakdown below of two sales: the first a discreet sale with Move247 taking less than 30 days, and the second a sale on the open market with an estate agent. By the time you pay out solicitor fees, commission, and mortgage costs and bills during the 6 months (minimum) it takes to sell your property, you might be surprised that the difference isn’t as significant as you first thought. What’s more, we offer cash in the bank, meaning there’s no need to wait for other parties before you get the money you need
ASKING PRICE | DIRECT SALE TO MOVE 247 | OPEN MARKET WITH ESTATE AGENT |
Offer accepted (usually at a discount) | £150,000 | £150,000 |
Final agreed price after survey (1) | £120,000 | £144,000 |
Estate agent fees (2) | £0 | £142,500 |
Estimated cosmetic repairs (3) | £0 | £2138.00 |
Average solicitor fees (4) | £0 | £1500.00 |
Estimated bills (5) | £0 | £1200,00 |
Estimated mortgage costs (6) | £0 | £2700.00 |
Net value achieved | £120,000 | £133,962 |
Typical timescale | 30 days | 6 Months |
(1) Market estimates are that houses sell for 95% of asking price
(2) Average estate agency fee is 1.5% of sale price
(3) People spend an average of 1% on improving property prior to listing it for sale
(4) Average solicitors fees
(5) Assumes £200 monthly bills to pay whilst waiting to sell the house
(6) Assumes monthly mortgage costs of £450