Sell your home online - Video script
John Fitzsimons looks at how you can save money by selling your home yourself online
John Fitzsimons looks at how you can save money by selling your home yourself online
My dad’s an estate agent, so I probably won’t be too popular at home for advising you to sell your home yourself online. But it’s fair to say not everybody is happy with the service they receive from estate agents when selling a property. Often, the agent does nothing to help you sell, but then takes a nice chunk of the cash in commission.
However, you can cut out the middleman and sell your home yourself online.
Free versus fee
There are a wide range of sites where you can do this, including Tepilo, HomesOnSale, MyPropertyforSale and iSold. However, they will vary in terms of what you get from them, and whether you need to pay a fee. With Tepilo for example, there are no charges or commission at all, but you’ll have to sort out photos, floor plans and for sale boards yourself.
However, with iSold, you can get all of that, plus things like valuation guides for £999, while if you shell out an extra £300 you’ll also get a listing on Rightmove, virtual tours and help with open house days.
You’ll have to decide for yourself how much help you think you’ll need.
Get your negotiating hat on!
With the estate agent out of the picture, you’ll have to handle what they would normally do yourself. That means organising the viewings and taking prospective buyers round the property, which can be very time consuming. You’ll also want to work out just what the property’s unique selling points are in order to promote them.
Without an estate agent, you’ll also be responsible for the most important task of all – negotiating on price. Personally, this is what would put me off selling my home myself, but so long as you are confident in your negotiating skills it can save you money.
Extra costs
While cutting out the estate agent will save you some cash in terms of their commission, you will still need to stump up for legal fees and all the other costs associated with selling your property, so remember to include them in your budget.
For more tips on selling your home, join the Sell Your Home goal at lovemoney.com/goals.
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Comments
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[b]Propertyspiv[/b] [b]The schedule linked to is prepared by an estate agent - but my point was the fact that the owner has got this site found indicating that it is possible without an agent to sell a house online. [/b] [b]The brochure prepared by the estate agent may as well be pinned on Kano airport if no one is going to find it.[/b] [b]It was in searching for a house for sale in Crieff I found [url=http://www.crieff-house-for-sale.co.uk/]www.crieff-house-for-sale.co.uk/[/url] not an estate agents one.[/b] [b]I contacted the guy who is selling this family house in Scotland - and asked for his thoughts. He made the website himself to help the estate agent who had not sold his house.[/b] [b]If I was wanting to sell a house in this area I would want to advertise all my properties in Crieff there - not on Kano airport![/b] [b] [/b]
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If you have to pay for "valuation guides for £999, while if you shell out an extra £300 you’ll also get a listing on Rightmove" plus "you’ll have to sort out photos, floor plans and for sale boards yourself" and " organising the viewings and taking prospective buyers round the property, which can be very time consuming...work out just what the property’s unique selling points are in order to promote them...." and "you’ll also be responsible for the most important task of all – negotiating on price", you're probably better off getting an agent to do all this for you which is included in the fee! If your agent is doing nothing, then you've picked the wrong agent and should change to one that knows what it is doing and works hard to sell your property at the best price.
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RMP I do not disagree these are pretty good particulars. They were prepared by an estate agent
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23 July 2010