There are many options when it comes to selling your house for a quick profit whether it is selling with cash or through online buyers. Regardless of whether you are planning to sell your home traditionally using an agent or through a home buying company, there are certain things you should consider before deciding on your preferred option. The best option for you may depend on your personal circumstances and the value of your home.
Undecided whether to sell properties quickly or traditionally? Read on to check out some benefits of both.
Costs of selling a home in Scotland
There are several costs involved when selling your home in Scotland. These expenses vary widely depending on the location, value, and services you need. You should plan ahead to avoid any unpleasant surprises. To sell properties quickly you will invariably cut out agency and refurbishment costs however the price of sale is usually already set by the buyer and has a lower cap than traditional sales.
Land and Buildings Transaction Tax
If you’re planning to sell your home in Scotland, you need to know the basics of LBTT, or Land and Buildings Transaction Tax. While the rate is comparatively generous while the Covid-19 pandemic is ongoing, it’s a good idea to get in quick while the rates are still generous. After April 2021, the old system will be back in effect.
Sell properties quickly method without a solicitor
If you want to sell your home in Scotland and avoid fees or stresses of making a traditional sale you can do so without hiring an agent or solicitor, by selling your property through most quick house sell services. Unlike England, Scotland does not have one contract document. Instead, it is made up of several letters called ‘missives’. Solicitors sign these missives on behalf of their clients. The first missive is an offer for the property. The solicitor acting on behalf of the seller will then issue an acceptance missive, which is essentially an outright acceptance of the offer.
Traditional home selling and flyers
When opting for a traditional sale you’ll have to go through the process of creating a real estate flyer. When doing this focus on the visuals. Make sure to include the basic information about the property, such as its address and contact details. Use a similar font across the document, such as Times New Roman. You can also use a template to create the flyer. After creating your flyer, it is time to add copywriting.
When writing a flyer, always keep in mind the demographic you’re targeting. Use a bulleted list to highlight the most important features of your property. Make sure to include the number of bedrooms and bathrooms. Add recent renovations and upgrades to the home, if applicable. Include photos of the interior and exterior of your property to make it stand out to potential buyers. Also, don’t forget to provide your contact information at the bottom of the flyer.
Marketing your property
If you’re looking to sell your property, one of the best ways to attract buyers is to use the power of the internet. There are many free online real estate directories and you can post a free classified ad. However, you should be careful not to make the mistake of over-aggressive advertising on these sites, as this is not effective. You need to be very selective in the types of property you list on these sites, as some of them might not appeal to you.
In order to attract potential buyers, you need to market your property properly. While there are many ways to advertise your property, the best way to attract more attention and maximize your price is to use an agent. A real estate agent can use a variety of marketing strategies, including print ads, online ads, and other methods. A good agent can tailor a marketing strategy to target your market and highlight the best aspects of your property. A property listing without an agent will result in a lower sale price than if you use an agent. However watch out for agency fees and hidden costs when using an agent.