How Easy is it to Sell a Property in Swansea?
Estimated reading time 5 minutes
Selling a property can be a complex and sometimes challenging process, and when it comes to selling property in Swansea, where houses take longer on average to sell, understanding the local property market is crucial. This in-depth blog will take you through the different ways you can sell your property in Swansea, and give you the right tools so you can sell your house fast.
Overview of Swansea’s current property market
As of 2024, the property market in Swansea is quieter than it was a few years ago, properties are taking nearly 4 months to sell on average, and across the UK mortgage rates are at their highest level in years. Let’s take a look at the average selling time for different types of Swansea properties:
- Flat – 181 days
- Terraced – 81 days
- Semi-detached – 76 days
- Detached – 101 days
What is the best way to sell my property quickly in Swansea?
If you are thinking of selling your house in the traditional way, selecting the right estate agent is the first step. Hiring at least three specialists to inspect your property’s characteristics, condition, location, as well as current market trends, will help to determine your property’s worth. They will then tell you an expected selling price range. It’s important to fight the urge to choose the agent who offers the greatest value for your house; a realistic figure will help your property to sell quickly.
When selecting the right estate agent you should also see what other services they provide outside of pricing, this could include taking photos of your house and marketing it on selling websites. Additionally, selecting an agent that is a good investment by looking at their fee schedule will save you money during the selling process.
Can I sell my property without an estate agent in Swansea?
Although using an estate agent is the conventional method for selling a house, you may be wondering whether you can sell your Swansea home without one. The answer is yes you can, but not without crossing a few hurdles first.
The practice of selling a house without the help of an estate agent is called “For Sale by Owner” (FSBO). Although this may save you money on fees, it calls for a great knowledge of the property market as well as the legal matters involved in selling a house. Every sale element falls under your purview, including pricing, marketing, answering queries, holding viewings, and haggling with prospective purchasers — and that’s before you’ve even sold the property! With all of these elements being incredibly time-consuming and difficult, many sellers aren’t choosing this option.
Steps to selling your Swansea property
Let’s take a look more closely at the selling process so you can ensure you’re taking the right steps to a successful sale.
Make your house sellable
First impressions count! It is essential to make sure your property is in good condition to prepare your home for viewings. This means keeping it clean and tidy—buyers will want to see rooms for what they are. Creating a welcoming and organised setting will increase your chances of making a sale.
Manage viewings
Property viewings are everything when selling a house. If you are conducting the viewings, let prospective buyers see the home at their own speed and allow them quiet time to talk about the property after giving them a tour. Make sure you’re ready to answer any and all questions about the property, from its history to what furnishings are included. Alternatively, schedule viewings with a local estate agency and have the help of a friendly estate agent.
Consider and accept an offer
You may be lucky enough to receive multiple offers on your Swansea property. In which case you’ll need to consider them all carefully, and think about the buyer’s financial status and whether they are part of a property chain — not just how high their offer is. An offer is not legally binding until both parties sign an agreement.
Once you’ve accepted an offer you’re onto the next stage. Your solicitor and estate agent will manage property searches, contracts and ultimately completion, so it’s a good idea to keep in touch so this stage moves seamlessly.
Move out
The bit you’ve been waiting for! Pack up your home and get ready to relocate. Whilst this stage can be both exciting and stressful, the right preparation and organisation will make sure things go smoothly.
Struggling to sell your house?
If you’re finding it difficult to sell your Swansea home, SellHouseFast.co.uk can help. Whether your issues lie in the current housing market conditions, personal circumstances, or other challenges, as cash house buyers, we can help you achieve the quick sale you’re looking for. Get a free cash offer for your Swansea home today and get your property sale moving.