What are the options for anyone looking to sell their property?
Traditional Estate Agent route – expensive and VERY slow
Online Estate Agent – less expensive but still slow
Property auction – fast but price not guaranteed to reach reserve, still have to pay auction house fees and VAT
Sell to a buyer who specializes in purchasing property for cash – slightly below market value but VERY fast
DIY private house sale – a fast option that could save you 000s
So, how do you go about selling your house privately?
This might sound like a scary alternative but with the advent of the Internet it really is a viable alternative to the snail-like High Street option and is gathering popularity amongst house-sellers fed up of being charged 000s for selling their properties. We often forget that Estate Agents are unregulated salesmen with no professional valuation training other than an inside knowledge of what other properties on their books have sold for. The only true professionals involved in the house buying and selling process are the surveyor and conveyancing solicitor.
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