How long does it take to sell a Wirral Property?
Updated: Jul 19, 2020
How long is a piece of string? It is hard to say exactly how long it will take to sell your Wirral Property.
The major factors are condition and location. But the most important factor is the Price! With the current property market going through a transition with COVID-19, now is a good time to sell and buy, with no stamp duty for home owners up to £500,000 and low mortgage rates. The market is looking very buoyant with the increase in demand as we come out of lockdown, but banks and mortgage lenders are suggesting a price drop may happen.
We have looked at data from the leading property websites as well as land registry.
As you can see below, the average time from the day you list your property to the day you receive your funds is on average 175 days or 25 weeks.
So, in some cases, selling your property with a local estate agent can take the best part of a year.
It is important to get the price of your property right from the start because you will still be paying bills for the whole time during the sale process.
That is why Wirral Residential Buyers Auctions are becoming increasingly popular with Wirral home owners who simply want to sell their property fast. Our average time to sell a property is just 66 days.
Plus, with the benefit of your buyer paying a reservation fee to secure the property at the start of a sale agreement, the fall through rate is much less than that with a traditional estate agent. Our current rate of fall through is 1% compared with an average of 24.04% with an agency, which is in effect 1 in 4 sales failing to complete.
So if you want a fast and secure sale, your property listed at a price we can sell for, money in your bank account within an average of 66 days.....
Then call us today 0151 652 5289
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