Does property quick sale pay off? Pros and cons
Selling a property at a rush sale price may at first sight seem like a bad deal – “why would anyone sell below market price?”. In reality, there are situations where a quick sale may be the best decision. In this post, we’ll take a closer look at when a quick sale makes sense and the risks involved.
✅ The benefits - why is a quick sale of a property sometimes the best solution?
- Get your money fast: A quick sale can help solve financial situations – whether it’s paying off debts, an unexpected expense or an investment opportunity.
- Time is more important than price: A quick sale means: no waiting, no shows, no conditions.
- Avoid a market downturn: Selling early can protect you from losses in a falling market.
- Property with a lot of problems? Sell and free yourself from stress and repair costs.
- Invest elsewhere: Redirect your money into new opportunities.
- Life changes need flexibility: divorce, moving house, inheritance – quick sales help you move on quickly.
- Without a broker: less commissions.
- Without commissions: You keep all the sales money. You save on extra costs (photographer, ads, etc.).
- Notary fees are paid by the buyer: they are usually covered by the buyer in a quick sale.
⚠️ Shortcomings - what is worth considering before deciding to put a property on the market?
- Lower selling price: Generally 10-30% below market price.
- Limited buyer base: investors and flippers want to trade down the price.
- Less room for negotiation: Speed gives the buyer an advantage.
- Decisions under pressure: important documents and checks may be forgotten.
- Bad reputation or suspicions: a price that is too low may give the impression of a problem asset.
- Emotional regret: A quick sale can be soul-crushing later.
- The deal is final: No way back.
Conclusion: is fast selling the right decision for you?
If speed, financial flexibility and the desire to avoid long sale process are important to you, a quick sale may be a sensible option. But consider the financial loss and other risks before deciding.
Do you want to sell quickly or at the best price? We can help with both!
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We buy the property ourselves – get your money in days.
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We broker the sale – professional marketing and the best possible price.
Want advice or a free quote? Contact us!
