Benefits of Selling Property Privately

HomeReal Estate

  • Author Melissa Welsh
  • Published March 10, 2012
  • Word count 385

Have you decided to sell your property privately without an estate agent? Are you hesitating about going ahead with it? Can it be done successfully? Yes, it can be done and it is done regularly across the UK and all over the world. It is not a complicated process as most people tend to believe and you do not need any special expertise to sell your house privately. Using the services of an estate agent does not guarantee that you will sell for a higher price than the actual value where as when you sell your home privately you can always be sure of the price that you ask for.

As a matter of fact, selling property is not that all difficult and you certainly do not need years of training to go about it. The summarized version of what you need to do is as follows. First and foremost you have to price the property competitively probably by doing a background check on the trends and price fixtures of the area that the property is on. You have to present the property well since prospective buyers will need to look at something solid and worthwhile. Next task in line is to pick a suitable marketing option since there are many internet sites offering you similar services all over the world. Once you pick a reliable source, find a law firm that can handle the legal process of the entire transaction with ease

When selling properties privately you save thousands of pounds in estate agents fees while you can also spend less on marketing fees. More benefits of this process include taking control of the entire sale, knowing that your sale receives the attention it deserves, achieving the highest possible selling price since there are no intermediaries to interfere and also not relying on estate agents completely. For them a sale is a sale no matter what price is finally agreed upon since they get their commission in full, regardless the selling price.

However, some people still assume that using an estate agent is the easiest way to sell a property simply because they as owners lack confidence in taking responsibility while some believe that the salesmanship and wide contact base of the estate agent will get them better prospective buyers and a greater price.

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