Cheapest estate agents in Lincoln: Maximising value in house sales

If you are from Lincoln and want a quick and easy way to sell your home, The Property Buying Company will purchase your home for cash. It can sometimes take months to sell your house, as this is a rather lengthy process. However, we allow our customers to skip ahead and enjoy our hassle-free solution.

As for individuals interested in hiring the cheapest estate agents in Lincoln, here is what you need to know. A genuine team of estate agents can make a significant difference when selling your home in the UK. Therefore, it is essential to consider a couple of factors, especially if you want to hire the cheapest estate agents in Lincoln.

Whether you are selling your home due to moving, inheritance, downsizing, or other life-changing circumstances, an estate agent can make the process much easier. Selling your home can be costly and time-consuming, which is why many people also opt for our cash-buying service.

What does an estate agent do?

Learning more about your estate agent's role is the best way to know what to expect. Simply put, estate agents will spend most of their time helping buyers and sellers navigate the buying and selling process. They act as the "middleman" between you and the sellers while providing you with all the necessary information about buying and selling houses and occasionally flats.

An estate agent will assist you in finding a house or a buyer, help you negotiate details such as the price and terms, and then guide you through all the paperwork that needs to be completed. In some instances, they may even help you stage your home and make it perfect for viewings. Essentially, they know what you can and cannot do, and they are prepared to answer all your questions. Hiring an estate agent means you can avoid any confusing situations.

Choosing to sell your home for cash with The Property Buying Company saves you from any additional costs. It is an easy way to sell your home, especially if you are in a hurry. That said, here are different types of estate agents, each specialising in a specific type of property market:

• Residential estate agents will assist in selling single-family homes.

• Commercial estate agents will assist in selling commercial properties.

• Mortgage brokers are also regarded as estate agents who can help you secure a loan.

Estimating the value of your home

Knowing how much you can sell your home for is not easy, but that's something an estate agent can assist with. They are experts when it comes to pricing your home appropriately for the current market.

An estate agent will prepare valuations taking into account various factors, such as the local property market in Lincoln (or other areas) and the selling prices of other homes. This information can assist them in determining the price at which you wish to list your home.

A good estate agent will have experience regarding what buyers in Lincoln are looking for. Based on this, they can advise on whether something is worth improving to make it more appealing so you can sell your home for a higher price. With The Property Buying Company, you'll immediately receive a no-fee, no-obligation cash offer sourced using your information, local data, and current market conditions.

Marketing your home

One of the most important aspects of selling your property is marketing. However, knowing how to market your home in Lincoln properly can be rather complex if you do not understand your audience. This is yet another thing an estate agent will assist you with. They will arrange for your property to have an accurate floor plan drawn up, be professionally photographed, and have an appropriate and appealing description written that will be used in the brochure, shop windows, property portals, or online.

This might sound expensive; however, it is all included in the overall price. Therefore, you should not be charged extra for photography and other items mentioned, as they are part of their job. Ensure that the home looks presentable when taking photographs to attract as many interested buyers as possible.

If you have any questions regarding your home, the price, EPC (Energy Performance Certificate), or anything else, do not hesitate to ask your agent. You are paying them to market your home, and you should stay in regular contact for frequent feedback. That said, since The Property Buying Company will buy your home for cash, you won't need to worry about marketing.

Setting up viewings

People interested in purchasing your home will want to view it in person. Your estate agent will arrange viewings of your property. They will guide the potential buyers around the house and answer all their questions. 

You should definitely prepare your home for viewing. Some estate agents will organise an open house for your property, which is when numerous buyers visit simultaneously. Once a buyer is interested in your home, they will make you an offer. However, how can you know whether a buyer is serious or not? Well, estate agents are the ones taking responsible and reasonable steps to find this out. 

This includes checking the availability of their funds for buying your property. If you find their offer satisfactory, you can proceed with the sale. This is when your agent will issue a Memorandum of Sale to the seller, buyer, and both parties' solicitors.

What fees do I pay when selling with a Lincoln estate agent?

When working with an estate agent in Lincoln, you will most likely have to pay for their assistance in pricing your home, marketing it to potential buyers, negotiating the price, and so on. Typically, the average estate agent fee is 1.42%, including VAT. You will be required to pay the estate agent in full once your house has been sold, that is, once they have completed their part of the job.

That said, you can expect fees ranging from 0.9% to 3.6%, depending on the estate agent you choose to hire:

• In sole agency agreements, where you engage just one estate agent, the fees range from 1.2% to 1.8%, including VAT.

• In multiple agency agreements, where you hire more than one agent, the fees range from 3% to 3.6%, including VAT.

If you are searching for the cheapest estate agents in Lincoln, you should not simply select the first inexpensive agent you come across. While having a more affordable estate agent can be beneficial, if they do not know how to perform their job effectively, you may not be able to sell your home for a good price.

It could ultimately cost you more. Instead, you need to conduct research. Of course, you are not obligated to work with estate agents if you do not wish to. We can buy your home for cash; all it takes is just one week, or longer if that is your preference.

Cheapest estate agents in Lincoln

Usually, if you are searching for the cheapest estate agents in Lincoln, it is easier to find one online than it is locally. That said, many people are sceptical about hiring online estate agents. However, with proper research, there is nothing to worry about. Online estate agents can provide you with the same or similar marketing benefits as local ones.  

One thing that makes online estate agents different is that they will usually ask for a flat fee. This is primarily so that the process can be completed as quickly as possible. Some online estate agents may also have hidden fees, so make sure you pay attention to that.  

Here are a few of the cheapest estate agents to sell your home in Lincoln:

1. The Property Buying Company - offers a quick and hassle-free way to sell your house in Lincoln. The company has been operating since 2012 and is one of the UK's highest-rated cash house buyers. We cover both selling and legal fees and will sell your house much faster than estate agents.

2. PurpleBricks- is known for offering low-package deals. One of them is £0 with additional costs for other options you wish to include. They provide free property valuations, and you can manage the sale process through your app, which saves money on traditional agent fees.

3. Yopa - offers competitive pricing with a fixed fee for selling. This fee is usually much lower than what local estate agents might charge. You have three main packages to choose from, starting at £999, along with many other options.

4. Bairstow Eves - is one of the few online options for estate agents who won't ask for payment unless your home is sold. They are local experts who understand professional marketing.

5. Starkey & Brown - is known for providing customised selling services, including professional photography and floor plans. They can offer mortgage advice and solicitor recommendations.

Other cheap ways to sell your house in Lincoln

You do not have to hire an estate agent to help you sell your home in Lincoln. However, that is usually the advised course of action for those who have the funds. Estate agents make the process easier for the sellers, and can help you with all the paperwork, too.

But, if you think it is still too expensive or you are short on time, you should consider a cash house buyer. Here at The Property Buying Company, we want to buy houses for cash and make the process as fast as possible. 

The Property Buying Company is one of the first and leading cash house-buying companies. We specialise in buying probate properties quickly. The condition or location of your house does not matter as long as it's in England and Wales.