Selling a house via an estate agent can be quite costly. Although it is a challenge to sell a house without an agent, it is not impossible to do so. You will need to dedicate time and effort to make the sale successful. Below are some ideas to sell your house without using an estate agent.
Selling A House Without an Estate Agent.
1. Get a valuation of the house
If you want to get a free valuation of your property, you can look at the local newspapers and see the asking price of similar properties in your area or near your area. Apart from the local newspapers, you can also get this information online. Websites like nethouseprices.com and rightmove.co.uk can help you value your house using tools on their sites. Research using various sites and newspapers before deciding on a final price. Set two prices, the highest and the lowest since people do not always buy a house at the asking price. You may need to reduce the price a little bit. These 2 valuations will help you get a reasonable amount for your property.
If you don’t mind spending money to know the value of your house, you can hire a certified surveyor.
2. Get an EPCEPC is an Energy Performance Certificate.
It is required whenever you are selling, renting or building a property. It lasts for 10 years. The EPC contains recommendations on how to reduce energy thus saving money and it also contains information about the property’s energy use and energy cost. If you don’t have one, make sure you get an EPC before you list your property to avoid being fined. You can acquire it by hiring an accredited assessor who will assess your property and produce the certificate.
3. Good description and photos
Before listing the property, come up with a good description of your home. Be as brief as possible at the same time including the relevant information about your home. In addition to the description, take a few high quality photos of your home to give your potential buyers a glimpse of the house. Take photos of the house both inside and outside as well as the compound if you have one.
4. Advertise the property
You can use both online and offline advertising method. For online advertising, you can list your property on various online agent sites. Most of them will charge you a small fee to advertise on their site. Some of the agents include Prime Location and Zoopla among others. However, if you do not want to use an online agent, you can still advertise on other sites such as houseweb and houseladder. Facebook and twitter are also good advertising avenues you should consider.
For offline advertising, you can list your property on local newspapers as well as using word of mouth. They can also be very effective.
5. Arrange Viewings
You need to be flexible so that you can show the property to potential buyers whenever they want to view it. If you will not be readily available, have a friend of family member do this for you. If this is not possible, then give information on the days and times you will be available to show the property. However, before showing the property, you need to ensure the house is clean and well arranged. Ensure it is in a presentable manner.
Be relaxed and confident when showing the house to potential buyers. For your own safety, it would be wise to have someone accompany you while showing the house. You can ask a friend or family member to accompany you at such times.
Most of the time, the buyer will negotiate to buy a property at a lower price than the one you have asked for. While negotiating, keep in mind the lowest price you are willing to take for the property and do not go below this price.
When negotiating, always speak in a calm and friendly manner so that even when you disagree with the potential buyer, you can always feel comfortable talking to him/her at a later time. This type of communication will also enable the potential buyer to feel free to communicate with you if he/she is willing to increase the offer for the property.
7. Get a Solicitor
If you reach an agreement with a buyer, you can hire a solicitor who will do the legal work and complete the sale for you including paying off your existing mortgage or any other 2nd charge or secured loans on your property.