Estate agents play an important role in the sale of property. They will not only expose your property to ready buyers but also manage for you the viewings and sale process in general. However, if you want to get the most out of the sale of your property, you need to consider selling on your own effectively managing the process yourself. This will save you a substantial amount of money in estate agent fees.
Even then, before opting to sell your house on your own, you need to understand that the difference also comes to the degree of your involvement in the process. That is, you need to consider carrying out property valuation, marketing, creating a floor plan, taking pictures, managing viewings and negotiating the prices on your own. Here are some guidelines to help you sell your house fast without an estate agent:
Identify where to list your property.
There are a number of platforms where you can list your property on the internet and achieve reasonable visibility. The internet is a good place to list your house because today most buyers begin their search for property on the internet. Ultimately, look out for those well established property portals like Right move and Zoopla and get your property listed there because they already attract traffic that is almost guaranteed. Another option is to consider a we buy any property service which will buy your home quickly for cash.
Some of these sites will only charge a one-off fee while others charge a monthly fee. The rates will vary from one site to the other. You also need to know the terms of these sites so that you are not restricted to listing on a single site alone. Generally, how successful you will be in selling your property on your own will depend on the buyers that visit the site that you have selected. Apart from listing the property on various property sites, you may also use your local network of family, friends and neighbours by letting them know that you are selling your property.
Know your role.
Managing the sale process of your house comes with a lot of responsibility. This includes the following:
- Taking your own photos of the property and uploading them in the site where you have your listing. This means that you need to either invest in decent camera or find a professional photographer to come and capture the pictures for you.
- You also must measure and provide the details of the size as well as the number of rooms as well as prepare an energy performance certificate.
- It is your duty to also make arrangements for viewings. You can either do it yourself or have someone to show prospective buyers around.
- You will deal with negotiations with prospective buyers. Remember this requires that you are a lot more knowledgeable about the market in addition to having a thick skin. Even then, there are sites that offer you a professional negotiator once you list your property with them. While this may mean paying a little more, it doesn’t compare to paying for the services on an estate agent.
Get your pricing right
This is perhaps the biggest challenge in your quest to sell your house on your own. Putting a price tag to your own property will call for you to balance between having a financial and emotional attachment as well as look into what the market trends. Generally, you want to make a good return for the price you paid for the property and the renovations you have done over time. Most importantly, you want to be able to pay for the new home you will be moving into.
You can begin by looking at what other properties in the area have sold for recently taking into account multiple factors like transport links, local schools as well as the crime rate. You can find this information from the land registry data. You can rely on the market intelligence of the estate agent doing your valuation for information on price trends in your area.
Selling your house on your own doesn’t have to be difficult when you are knowledgeable about the market and know how to go about the whole process. If you neither want to sell your property through an estate agent or on your own, you can sell through a company that offers a quick house sale.