Advice for Private House Sales
Selling your home privately is an appealing option for those who want to save money on costly agent fees, even if your house is worth below the national average. But what does the process involve and how do you go about selling your home privately? This post gives you the facts as well as advice for how to proceed with your private sale.
It’s important to remember that bypassing the middleman doesn’t come without its drawbacks. If you’re thinking of taking the DIY route you’ve probably come to realise there’s a lot of work involved.
Marketing your House
Most buyers take to the internet to search for their ideal home, looking for specific criteria in search engines and dedicated property websites. Make sure you advertise your property on as many platforms as possible so that your ad gets seen by a wide proportion of potential buyers. What you’ll need to do:
- Get a valuation
- Write up your own advert
- Take good photos to display your home at its best
- List your property on multiple property websites
- Collate all documentation; energy certificates, floor plans, legal documents, etc.
- Arrange and conduct viewings
- Negotiate a sale price with a buyer
- Liaise with conveyancers and solicitors in the final stages
You can conduct private house sales through an online property agent and still retain a great degree of authority on what happens, not only saving yourself a lot of time, but a lot of money on estate agent commission.
High street or ‘bricks and mortar’ agents will charge what seems like a small percentage for commission, and leave you out of pocket, whereas online agents will charge you a flat and one-off payment in your choice of payment plans. Online agents don’t work the same way as a traditional estate agent, because they operate solely online.
Why Use an Online Agent to Sell Privately?
Instead of spending time coordinating all of the necessary practical’s and paper work, you will simply pay a fee to an online property specialist that will, in most cases, total less than the commission charged by an agent. What’s more, the price includes your property being listed on all the best sites, photos of your home taken by a professional, and all the documentation and viewing admin arranged for you at your convenience.
Selling your home by yourself is a big move, but if you’re savvy, you can save a lot of time and money. Look into all the options to work out what’s right for you.