If you’re in the market for a quick sale versus top dollar, there are a number of steps you can take to make the selling process move along more swiftly.
Firstly, set a competitive price. That will surely get the buyers’ attention.
But there are also other ways to speed things up without your pocket taking too much of a hit in the long run.
- Tackle as much paperwork as you can before the sale.
That includes getting reports that a buyer would normally request as a condition of their offer such as a building report, LIM and valuation.
Having these pre-done, and having dealt to any issues they may have brought to light, means fewer conditions on the sale and a shorter settlement time. It’s also possible to set the conveyancing process into gear before an offer even lands on your table by instructing your lawyer to begin a draft contract and apply for title deeds.
- Sell by auction.
Typically this is the quickest form of sale, with a shorter marketing period, but there’s always a risk that your property won’t sell on the day. This is something to research in your local market and discuss with your agent, if you’re using one
- Be receptive to “cash unconditional” offers.
Be receptive even if they’re lower than conditional offers. They’re simple and easy, so you’ll need to weigh up the pros and cons of these versus any offers that are conditional.
This information is not intended as a complete guide, as it doesn’t consider your individual needs or financial situation. Trade Me accepts no responsibility or liability for any inaccuracies or omissions in the content. Always obtain independent legal advice before buying or selling property.