There’s no getting away from the fact that selling your home is going to cost money. There are the estate agent fees, solicitor fees, and surveyor costs, not to mention the expense of moving all your belongings from one place to another.
With all the above being said, there are ways that you can cut the cost of selling a property without hindering the selling process.
- Use a cheaper estate agent
While there used to be only a few estate agents to choose from, there’s now a plethora of options for people who need help selling their homes. You can choose to use a well-known local real estate agent that you know and trust or, if you want to save some money on this expense, you could try hiring an online estate agent.
Online agents are usually quite a bit cheaper than traditional ones and they also offer more control over the selling process. That said, they don’t always have the same level of experience as a more traditional, high-street estate agent such as these Bristol estate agents with unrivalled local knowledge.
- Consider a home-buying company
Home-buying companies are known for their speed, making them a popular choice for homeowners who want or need to sell their homes quickly. Although these companies tend to offer lower than the asking price for properties, which may put some people off, they don’t charge fees in the same way that estate agents do, and you’re less likely to experience a buyer pulling out at the last minute.
Using a home-buying company can also be a lot less stressful than other routes, which many find appealing.
- Choose your solicitor wisely
As mentioned briefly above, the process of selling a house doesn’t always run smoothly, which can take its toll on both your mental health and your bank balance. Therefore, you need to make sure that you pick a solicitor who will help to streamline the entire process. When choosing a solicitor, look for someone with experience and expertise in conveyancing as this can save you a lot of time and money.
- Take care of moving yourself
Removal companies are notoriously expensive, and this can significantly increase the overall cost of selling your current home and moving into a new one. On average, it costs around £900–1,200 to move a 3-bedroom house up to 50 miles. However, if you’re willing to do this task yourself, you can save yourself a lot of money.
Alternatively, if you don’t want to go for a DIY move, make sure you book your preferred removal company as early as possible, as this can help you to secure a lower price.
- Seek out your own surveyor
Often, your estate agent will recommend a surveyor or conveyancer for you to use in return for a referral fee. However, these costs are typically passed on to you as a customer. Instead, take the time to source your own surveyor, asking family, friends, and colleagues for recommendations.
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