Fastest House Sale...
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Jasandjules

Original Poster:

72,588 posts

258 months

Thursday 18th February 2021
quotequote all
Just for a bit of fun, what is the fastest you have ever sold a house? From the point of the buyer arriving to the deal being struck?

For me, around 13-15 minutes. No, I am not kidding. The buyer came in and said what a lovely conservatory, looked in the kitchen from the doorway then went upstairs and stood on the landing and looked at the bedrooms, they did not go in any of them, didn't see the en-suite etc. I asked if they wanted to look in the garage and they said no thanks and left. Total viewing time 6 minutes. Wife and I were busy chatting about the next viewers who were due in an hour because this couple clearly weren't interested when the Estate Agent called and said they have offered the full asking price... And they did complete the sale too....

How about you?


Jamescrs

6,381 posts

94 months

Thursday 18th February 2021
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Sold my first house (2 bed semi) without the buyer entering before offering 2 k under asking price. She came in the house before completion on her Solicitors insistance but didn't ask anything and completed a few weeks after.

She lived there for around 3 years before moving on again.

Kwackersaki

1,751 posts

257 months

Thursday 18th February 2021
quotequote all
Jasandjules said:
Just for a bit of fun, what is the fastest you have ever sold a house? From the point of the buyer arriving to the deal being struck?

For me, around 13-15 minutes. No, I am not kidding. The buyer came in and said what a lovely conservatory, looked in the kitchen from the doorway then went upstairs and stood on the landing and looked at the bedrooms, they did not go in any of them, didn't see the en-suite etc. I asked if they wanted to look in the garage and they said no thanks and left. Total viewing time 6 minutes. Wife and I were busy chatting about the next viewers who were due in an hour because this couple clearly weren't interested when the Estate Agent called and said they have offered the full asking price... And they did complete the sale too....

How about you?
We sold our last house in around 10 mins or less. House went on Wed morning, couple came and offered full price before we had shown them halfway round.

The next day the estate agent said they had phoned up before the viewing and we’re going to make an offer then! Paid 5k over asking too as another couple were interested.








Edited by Kwackersaki on Thursday 18th February 20:38

33q

1,628 posts

152 months

Thursday 18th February 2021
quotequote all
Sold a BTL. Buyers looked round and apparently showed little interest staying about 20 minutes. Waited for the next viewer and we saw them drive by. This was Saturday afternoon. We wrote them off.

They were at the agents at opening on the Monday and offered £5k over the asking. Apparently they were trying to offer on Saturday but agents were closed.

They completed in good time and they have just resold 4 years later.


Red9zero

11,193 posts

86 months

Thursday 18th February 2021
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We sold our first house within 45 mins of the estate agent opening. Doubled our money on it too, as it was in a village with no new houses being built. 20 years later, the village is now at least double the size it was.

Getragdogleg

10,211 posts

212 months

Thursday 18th February 2021
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Decided to sell one tuesday, phoned estate agent, he came round and had a look, phoned someone while he was with us, bloke arrived 10 mins later, had a look, agreed full asking.

Asked if we could be out within 2 weeks. We said yes.

Bloke phoned the following Monday and asked if we could be gone a bit quicker, like by Wednesday, we said no but can do for Thursday.

We were out and paid up in less than 10days.

Moved almost everything into storage and rented a house from a mate for 6 months while we found a place to go.

Magooagain

13,437 posts

199 months

Thursday 18th February 2021
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I once sold a house before I had completed on buying it.

konark

1,238 posts

148 months

Thursday 18th February 2021
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Doesn't matter how quick you agree a sale the solicitors will still take 4 months to complete the job.

rufusgti

2,573 posts

221 months

Thursday 18th February 2021
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Wow. I can’t really compete with these, but I bought my first home from viewing to keys in 19 days. I thought that was pretty damn good. Obviously need to up my game. There’s absolutely no reason it should take months and months to buy property. Yet it seems to be getting slower and slower.

bigmowley

2,657 posts

205 months

Thursday 18th February 2021
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konark said:
Doesn't matter how quick you agree a sale the solicitors will still take 4 months to complete the job.
With respect that is BS. I bought and completed on a house in 24 hrs. Looked at in in the afternoon of day 1. Paid cash, all searches done by me in a morning, including land registry, stood in the vendors solicitors until the contract was printed took it to my solicitor, checked it, signed it exchanged it. Had the keys in my hands at 4PM. The vendor was delighted.

Anything can be done it’s all a question of kicking down the barriers that are presented by the people with a vested interest that stand in the way.

Chozza

808 posts

181 months

Thursday 18th February 2021
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I made an offer whilst being shown round the by the estate agent. So maybe 3-4 minutes

He walked into the next room - called the owner and everything was agreed whilst i was in the house!

It was my first house .. and on an identikit estate where I had already rented - so unless something was really odd with the house I was going to make the offer.

Houses and cars I can buy in minutes ... but im a rubbish shopper so buying a pair of jeans would probably take me a day !


eliot

11,995 posts

283 months

Thursday 18th February 2021
quotequote all
konark said:
Doesn't matter how quick you agree a sale the solicitors will still take 4 months to complete the job.
I know someone buying a house at an auction for about 30k - paid on a debit card and it was his.

littlebasher

3,961 posts

200 months

Thursday 18th February 2021
quotequote all
2 hours, last week in fact.

Estate agents were falling over themselves to get the place on the market, and i can see why.

A couple came round the day we signed the EA paperwork, before the writeup had even been drafted, let alone Rightmove. They didn't seem overly interested, but they offered £5K under the asking price 2 hours later.

Ari

19,814 posts

244 months

Thursday 18th February 2021
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Getting an offer is not 'selling a house'. Trust me! irked

littlebasher

3,961 posts

200 months

Thursday 18th February 2021
quotequote all
Ari said:
Getting an offer is not 'selling a house'. Trust me! irked
Indeed, I'm under no illusions!

Till those contracts are exchanged, nothing counts.

GT03ROB

14,023 posts

250 months

Friday 19th February 2021
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45mins from guy walking in for a viewing, about 18hrs from giving the instruction to agent, not on market officially.

cobra kid

5,588 posts

269 months

Friday 19th February 2021
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littlebasher said:
Indeed, I'm under no illusions!

Till those contracts are exchanged, nothing counts.
Till it's completed, nothing counts.

djcube

545 posts

99 months

Friday 19th February 2021
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About half an hour to agree to buy the house, that included the discussion over price.

Then 8 weeks while the solicitors did their thing, then repeating having seemingly forgotten something. Then finally money in the bank, thats when it is actually sold. All this for a sale with no chain in either direction.

192.5 hours then.

anonymous-user

83 months

Friday 19th February 2021
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OP, you did not ‘sell’ your house that fast, you merely had it ‘under offer’.

Sold is when completion occurs.

Yes, I’m a pedant when it comes to the house selling process. smile

TCruise

659 posts

120 months

Friday 19th February 2021
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The issue is that your solicitor is NOT just acting for you, if you're taking a mortgage, they are acting on behalf of your Lender as well.

That tends to be where a lot of delay comes from.

If you are a Buyer who is mortgage free and chain free, you can complete in days