A Guide to Selling Your Property Privately

Finance

  • Author Melissa Welsh
  • Published March 14, 2012
  • Word count 386

It has become somewhat of a trend of cutting out the estate agent altogether and using the internet to sell your property privately. This has become a practical approach in the UK and the process in turn saves you thousands of pounds. It is not complicated as you think it is and you will definitely be surprised as to how simple the process is.

The internet lists a range of options where you can find comprehensive services to sell your house privately without the services of an estate agent. It is a cost effective, efficient and affordable method to advertise your property to hundreds and thousands of people in the UK as well as other parts of the world. You can enter your property details and display photographs and create adverts instantly through various sites. There can also be a link to a map in order for the prospective buyer to find the exact location of your house.

When you decide to sell your home privately, it is indeed a hassle when you think of how to value your house. Home owners usually worry that they will undervalue the house entirely. However, there are certain websites that offer you a free valuation according to the location and price trends. Usually, the true value of the property is not what you get and it is indeed unusual for the property to be sold at the initial price. If it is a property with a lot of interest shown, then there is a chance of gaining its true value. You can also talk to your neighbours and inquire about house rates and how much that they spent on purchasing their house so that you also have a clear idea about an initial price value. Also make sure that your house is in good condition before advertising it since bad publicity can be a negativity while making the sale.

For a more realistic valuation method, you can get it surveyed by a professional or you can do some research on your own in your local newspaper for similar properties. When it comes to adding a description, you can be creative and add more while adding photographs is indeed the best type of advertising. Some websites also offer you the privilege of showing off your property via a virtual tour.

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