Sell Property Privately – 3 Reasons Why You Should Try!
Figures and arguments aside, there are certainly plenty of reasons to sell your house privately; here are five of the top ones.
1: There is No Reason Not To Sell Property Privately
Did you know that you can now have a clause in your estate agent’s contract stipulating that they receive no payment if the house is sold by private means? Well, you can, and because you can there is absolutely nothing stopping anyone and everyone from advertising their home in their own chosen ways — especially with all the free-to-list sites out there, including private sales portals like Tepilo, and internet giants like Gumtree and Google Maps.
2: Increased Exposure has got to be a Good Thing
It is commonly held that up to 85% (estate agent surveys said 60%, other studies have shown 85%) of people start their search for property on the internet. It is also true that most estate agents are now advertising on the internet, and of course they have internet giant (estate agent only) Rightmove.
But, there is a very real segment of society that does not want to have dealings with estate agents, because of their bad reputation, or bad experiences or both. clean urine . There is also a segment of society against capitalist giants dominating and trying to exert control over the housing market – Rightmove can definitely be accused of this.
All these people still buy houses, and the only way to target them is by selling privately, and advertising on private sales sites.
Furthermore, the first thing I do when looking for a property to buy or rent is search in Google. So advertising on the sites that come up high in Google and allow private sales can only increase your property’s exposure to potential buyers.
3: Selling Privately Will Save You Money
While we are always advising people to barter with agents over the commission, it is unlikely that you will get them to accept less than 1%. Indiana foundation repair contractor . On a property sold for the average of 170,000 (169,347 in July according to Nationwide) that is 1,700 – 1,700 for doing what? Nothing you couldn’t do yourself and buy a new car with the 1,700 instead.
Final note:
As you can see, these are reasons why everyone should at least try to sell their house privately. Custom Jewelry . By advertising on the sites buyers in your area will be directed to via search, Google Maps property search, and things like the local paper and shop boards etc, the least you will do widen your net and increase your chances of selling your house quickly and for a good price, the best you could do is save yourself a kid’s college fund in estate agents commission.
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