Before you become overly-excited at the thought of saving 3% on Estate Agent commission, consider the amount of time and work that a private sale requires.
If you are also buying for a new home, consider going for a private sale as this might well be one of the most stressful things that you will do in your entire life. If you are still up for it by now, read and understand the following things listed below.
- Set a specific asking price – this amount should appropriately reflect the property’s market value, but you might also want to add an extra negotiations buffer bonus.
- Let people know about your property – there are numerous ways of advertising. The most obvious is the word-of-mouth method, but you can also place ads in property magazines and newspapers if you really want to. Advertise your property on the internet property listings and place a colourful ‘For Sale’ sign. There should be no limitations to your creativity.
- Organize Viewings – show some people around your property and try to make it look as great as possible. When it comes to these kinds of events; first impression is crucially important. Also, try not to sound like a salesperson; prospective buyers might get apprehensive if you are exaggeratedly enthusiastic.
- Negotiate – loads of money might be at stake on the process so you should be readily equipped for possible negotiations.
Table Of contents
- Home Selling Guide Intro
- Knowing When To Sell Your House
- Expenses Involved In Selling Your House
- Who Will Sell Your Property
- Valuing your Property
- Choosing An Agent
- Selling Your Home Privately
- Selling A Property At Auction
- Preparing Your Property For Sale
- Property Viewings
- Conveyancing For Sale
- The Sale Completion