Are you planning to sell your home and thinking of doing it by yourself? Are you looking for ideas on “how to sell my home privately”
This can seem enticing for some homeowners who want to put their property on the market without paying estate agents but is this really the wisest thing to do? Of course, any seller who gets the help of an online estate agent will have to spend but there are much more affordable packages to choose from.
To help you decide which direction will suit you best, we’ll discuss the steps on selling your home without an estate agent as well as find out more about privately selling your home and getting help from an expert. So lets begin…how to sell my home privately?
If you were to sell your house on your own, here are some aspects to consider:
- Make the house attractive.
Your first order of business is to transform your house into a home, that is, make it welcoming and warm to draw people in. While some potential buyers will be willing to pay more for a home with lovely kitchens and newly renovated bathrooms, you need not spend too much on these things, especially if you want to cut down on costs. What is important is to keep both the interior and exterior of the property neat and free from clutter.
- Decide on your selling price.
There are several ways to determine the market value of your home although these tools can be tricky at times. What is important is to increase the value of your property with DIY home improvements that need not be expensive. A little sprucing up of the exterior can add to the price of your home. You can also compare prices by checking out online. Select the tools you want to use and take advantage of resources available for you.
- Present your home well.
There are two ways to encourage prospective buyers to enter your home to see if they’ll be interested in purchasing. First, you might want to write a detailed description about the property, the number of rooms, how many square feet there are and other relevant information. Second, you need to take photographs of the property so potential buyers can have an idea on the design and architecture of your home. You can sign up for a package with a reliable online estate agent to take care of both the description and photographs of your property.
- Do not pass up listing your property.
Selling your property without an estate agent is a very real possibility. But your going to need some good marketing expertise if you want to do it quickly! Even if you don’t want to pay estate agents to represent you and look for buyers, you can list your property with an online estate agent and have your property listed on popular listing portals like Zoopla and Rightmove. Home buyers will check out these sites more often than not to get an idea about the properties in the market.
- Schedule property viewings.
There’ll be people who want to have a tour of properties they’re interested in to buy and you have to be ready for this. Will you be available to show potential buyers even during weekdays or will you be scheduling viewings on weekends?
- Be ready to negotiate.
One of the key points when vendors are thinking how to sell my home privately, is how ready are you to negotiate? It can be a daunting task If you are the seller, it is important to be under control when it comes to being firm with the price you have in mind. You shouldn’t be surprised that people looking to invest in new homes will be trying to haggle with the price. If you’re good at negotiating, perhaps this can be easy. But if you know you need to brush up on your marketing skills, you might have to think again.
- Close the deal.
After negotiations are made and the potential buyer has made an offer that sounds good to you, it might be time to accept the offer. First, it can be through verbal agreement which can be followed by a correspondence or communication between you and your buyer.
- Prepare the paperwork.
Now that a deal has been agreed upon, your next step is to take care of the legal work and other documents pertinent to the sale. You can either get the services of a licensed conveyancer or a solicitor to help you in this aspect.
Now you know the steps to take when selling a property by yourself, you might also realise that although it’s possible, it also needs a lot of planning and a lot of work. It might help to learn about the advantages of getting an online estate agent.
If you include your property on the list with the use of an online estate agent, there will be more potential home buyers who will have the chance to see your property because an online estate agent has a wider reach. Your property, as mentioned earlier will be included in popular property listing websites like Zoopla.
A reliable online estate agent can also assist you with property management, handle negotiations and take care of photographs and viewings. Depending on the amount of money you’re willing to pay, you can choose from different package options.
Assistance with Re-negotiations
Once you have accepted the offer and the buyer has its own property surveyor, chances are, the buyer will still find plenty of opportunity to renegotiate the price. If you do not have a professional to help you out, you might end up selling your home for less than what you originally asked for.
We get asked the questions “how to sell my home privately?” or “Can i sell my property without an estate agent?” quite a lot. We always say selling your home privately is possible if you have all the important aspects covered but it’s not that easy. If you’re not keen on getting traditional estate agents and paying them to sell your home, you can get an online estate agent to help you in some aspects of putting your house on the market and getting a good deal. You can get in touch with us so we can discuss how we can help you in this area. We are not a traditional agent but we offer similar services at a fraction of the cost.
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