Property blog exploring How To Sell Your House Without An Estate Agent

How To Sell Your House Without An Estate Agent

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As anyone who has ever sold a home can testify, the process of selling a property can become extremely stressful thanks to the endless viewing schedule, the need to keep your home in showroom condition and the need to constantly chase your estate agent for updates. But why do we become so dependent on estate agents?

In essence, using an estate agent is the traditional way to sell and many people do not want to take on the responsibility of marketing their home themselves due to the risk of making errors. Agents have, over the decades, made themselves indispensable to many thanks to their local knowledge and ability to set asking prices at levels that are deemed acceptable by prospective buyers.

In the digital age, however, surely the process of a private house sale should be easier than in the past?

For those who are looking at selling their home without an agent, a basic knowledge of the way the property industry works is essential. It is also worth pointing out that, while you will save on agency fees, you will still have to pay for conveyancing and/or solicitor fees to complete on the sale.

The majority of individuals who try to sell their homes with no estate agent will have to learn the intricacies of online property portals and also learn how to market their home via social media.  This means having good quality pictures that catch potential buyers attention  Remember, first impressions count. Estate agents usually include the cost of photos in their agreed service fee.Often, these people find the process more than a little time consuming and the loss of a work/life balance and increase in stress levels can easily make the agency fee seem attractive. Luckily there are other ways to sell your house without an estate agent.

For some, property auctions offer a certain appeal thanks to the speed with which the sale occurs. However, those who choose this route often find that it is the ‘quirkier’ homes that fare well in an auction, whereas ‘standard’ semi-detached or terraced homes tend to go under the hammer for much less than the homeowner was hoping for. It is also important to remember that a homeowner is liable for the auctioneer fees whether or not the property sells.

There is a growing trend amongst those looking to sell their house privately without an estate agent to turn to local house buying companies.  These companies specialise in purchasing homes outright for competitive or zero fees, which is perfect for those who are hoping for a fast sale so that they can use the capital in other ways. This approach can also help the seller to save on fees, safe in the knowledge that the company will buy the property regardless of location or situation, often in as little as two weeks from first point of contact.

In today’s fast-moving society, the more tech-savvy are always going to find new and interesting ways to market a home, despite the traditions associated with estate agents. But it is always encouraging to see more options being made available to a homeowner if they find that they need to sell their home.

Are you looking to sell your home privately without the hassle of an estate agent? Why not ask Olivia Rose Estates for advice, as we buy any house. Simply visit the site for more information and fill in the contact form.  One of our friendly team will be in touch to see how we can help you.

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