There is not just one fastest way to sell your house that needs renovation. As a result, we will go through a few different methods.
(1) Fastest way to sell your house that needs renovations by doing the work yourself.
Properties that require renovation can detract buyers. Buyers looking for “turn-key” properties may look at a property in need of renovation as one more headache they do not want to deal with. For this reason, a fastest way to sell your house that needs renovations can involve completing the work yourself.
If you need to sell a property fast, and it is in need of modernisation, one option is to complete the renovations yourself before the property is sold. A good place to find builders and other required trades people is through the website rated people.
Rated People allows you to do the following:
- Post your job for free
- Get up to three quotes
- Review ratings to select your tradesman
- Rate your tradesman to help others
(2) Fastest way to sell your house in need of renovation by getting planning permission
As was already explained, the fastest way to sell a house in need of renovation can involve renovating it. Another way is to apply for, and get planning permission.
Getting planning permission is a good option because once a property has planning permission its value is increased because it has more potential. For example, attaining planning permission for a rear extension, side extension or loft conversion means that the property would benefit from having an increase in square footage.
People will pay more for a property they can easily add value to. So, a granted planning application would make a property more desirable to a buyer.
(3) Fastest way to sell your house in need of renovation by reducing the asking price
Sometimes, the fastest way to sell your house in need of renovation is to reduce the asking price to reflect the work required. The reason for this is that in exchange for buying very quickly, buyers may offer a lower price due to the quick speed of purchase, and the fact the property requires money to be spent to renovate it.
Reducing the asking price of a property to reflect the works required is not always the fasters way to sell your house, but it’s a good option.
Is there one fastest way to sell your house in need of renovation?
At the end of the day, the fastest way to sell your house is a personal choice. Personal circumstances, the time frame to sell, and knowledge of the property market will all play a part in the decision that works for you.