Special offer details
Comparing the Express Mover to selling your home through traditional means
Mr Brown's house had been on the market for 3 months. Three estate agents recommended a realistic sale price of £180,000. Dawn Charles offered Mr Brown £153,000 for his existing home, which equated to 85% of the recommended sale price, due to difficult market conditions. In view of Mr Brown's strong position, he was able to negotiate a 10% discount on his new home, which he moved in to three weeks later.
We now compare the costs if Mr Brown had sold his house through traditional means:
We now compare the costs if Mr Brown had sold his house through traditional means:
- Mr Brown's house is worth £180,000
- Mr Brown's estate agent suggests an asking price of £180,000
- A typical offer received through an estate agent - 5% below market value £9,000
Statistics show a typical offer received through an estate agent is 5% below market value. Based upon Mr Brown's asking price of £180,000, an offer 5% below asking price would mean a reduction of £9,000.
- Mr Brown's estate agent's fees based upon 2% plus VAT £4,018
- 6 month's mortgage repayments £7,530
Statistics show the average house sale takes 6 months. This example is based upon a 6-month period & a standard repayment mortgage with an interest rate of 5.5%. Dawn Charles can arrange for completion to take place often within 7 days, meaning you can move when you choose, saving on costly mortgage/interest repayments.
- Mr Brown's discount due to his cash buyer status £18,000
Being a cash buyer means you have a great chance of achieving a substantial discount on your new home. Statistics show the average discount negotiated by a cash buyer is 10%. Based upon an asking price of £180,000 the average discount negotiated by a cash buyer would be £18,000.
- TOTAL COSTS £38,548
- Sale price through traditional means after the above costs £141,452
- Sale price through the Express Mover £153,000
There are no charges & you are under no obligation, should you wish to obtain an offer for your home
