Back to Resources
Guide4 min read
Understanding the Quick Property Sale Process
A step-by-step guide to what happens when you sell your property to a cash buyer. Knowing what to expect helps you stay in control.
Selling to a property buying company is faster than the traditional route, but it still follows a structured process. Understanding each stage helps you know what's coming and ask the right questions along the way.
Typical Timeline
Most quick sales complete within 7-28 days, though this can vary based on:
- How quickly you respond to requests
- Complexity of your property's legal title
- Local authority search turnaround times
- Whether any issues arise during surveys
The Process Step by Step
1
Initial Enquiry
Day 1You reach out to a property buying company (or they contact you through a service like Home Sale Harry). You provide basic information about your property — location, type, rough condition, and why you're considering a quick sale.
What to expect:
A brief phone call or online form. No commitment at this stage.
2
Initial Valuation
Days 1-3The buyer researches comparable sales in your area and provides an indicative offer range. This is typically expressed as a percentage of market value (often 75-85%) based on desktop research.
What to expect:
You'll receive an initial figure, usually within 24-48 hours. This is not binding and may adjust after the property visit.
3
Property Viewing
Days 3-7A representative visits your property to assess its actual condition. Unlike estate agent viewings, this is typically a single visit focused on valuation rather than selling the property to you.
What to expect:
A 30-60 minute visit. The buyer is looking at structure, repairs needed, and anything that affects value.
4
Formal Offer
Days 5-10Based on the viewing, you receive a formal, written offer. Reputable buyers will explain how they arrived at the figure and give you time to consider it without pressure.
What to expect:
A clear offer letter with the price, proposed timeline, and any conditions. You can negotiate or walk away.
5
Legal Process Begins
Days 10-14If you accept the offer, solicitors on both sides begin the conveyancing process. The buyer will instruct searches and surveys. Many quick-sale companies cover your legal fees.
What to expect:
You'll need to instruct a solicitor (the buyer may recommend one or you can use your own). Standard ID and property ownership checks.
6
Surveys & Searches
Days 14-21The buyer conducts necessary surveys and local authority searches. Because they're experienced buyers, they can often expedite this process.
What to expect:
Some back-and-forth on any issues discovered. Offers may be renegotiated if significant problems are found.
7
Exchange of Contracts
Days 21-28Once both parties are satisfied, contracts are exchanged. At this point, the sale becomes legally binding. A completion date is set (often the same day or within a few days).
What to expect:
You'll sign contracts and the buyer pays a deposit. The deal is now secure.
8
Completion
Day 28+The remaining funds are transferred, keys are handed over, and the property officially changes hands. You receive the sale proceeds.
What to expect:
Funds in your account, typically by early afternoon on completion day.
Questions to Ask at Each Stage
- Before accepting an offer: How did you calculate this figure? What happens if surveys reveal issues?
- About fees: Are there any costs I need to pay? Do you cover my legal fees?
- About the timeline: What's your realistic completion date? What could delay things?
- About backing out: Can I withdraw if I change my mind? Until what point?
Key Takeaway
A quick sale is faster, but it's not instant. Expect around 2-4 weeks in most cases. The process is more streamlined than a traditional sale because there's no chain, no mortgage approvals needed, and fewer parties involved. Stay engaged, respond promptly, and don't be afraid to ask questions at every stage.
Ready to Start the Process?
Our free assessment is the first step. Tell us about your property and we'll help you understand your options.
Start Free Assessment