|
|
Sellers Guide..... |
|
|
|
If you are not aware that you can sell a property privately
you are not alone. Most people in the UK have yet to realise this is an option.
Most people assume that you have to use an estate agent as there is a lot of legal
paperwork involved that the agent will take care of for you........ This is not true.
If you Sell through an Estate Agent
When you are looking to Sell a property the estate
agent will basically do the following.
a. Suggests a sale price of the property based on local knowledge and recent sale
prices in that area.
b. Markets the property
c. Manages the viewings
Selling a property does not have to be done using an estate agent, you are legally
able to sell your property yourself to whoever you choose and can advertise it yourself.
An estate agent is simply there to market your property and find you a buyer, most
of the marketing is done through the internet and using a 'FOR SALE' board, sure
they generally have numerous offices with details in but when did you last see an
estate agents office full of people looking for properties. offices are expensive
and you are paying for them.
When you decide to sell your property you will need a Home Information Pack, some
agents are offering these for free
(click here to read why this is not a good idea)
but you will need to sign
a sole agency agreement. This will tie you into a
contract for usually a few months. The agent will boast
of numerous people on their books looking for a property like yours, so you should sell it really quick........ If you don't then they obviously haven't got those
people waiting for your property so it will be advertised with a board, on the internet
and in their office window, they will simply wait until someone sees your property
and contacts them, shows them around and tells you if they make an offer, if you
accept then it is handed over to the solicitors to deal with all the legal work.
That is basically the estate agents job finished. They simply wait until the solicitors
have completed all the legal work involved and when the sale completes they claim
their commission.
If we assume you sold your property for £250,000 and they charged you 2% commission
then you will have just paid them
£5875.00 inc vat
for showing someone around your property and taking a few telephone calls.
|
|
|
|
|
|
|
|
|
|
A quote from
www.theadvisory.co.uk
Do People Really Sell Privately Successfully?
Absolutely!
More and more people realise that to sell privately all you need to do is:
1. Price your house realistically
2. Put a little bit of effort into the presentation of your property
3. Have the desire to save lots of money & take charge of your sale
It really is as simple as that! Selling property is not rocket science and the UK
public is slowly waking up to that fact. After all, figures from the Office of Fair
Trading show that nearly 1 in 10 homeowners now attempt to sell property privately.
The OFT interviewed a sample of these private sellers and their findings were dramatic.
91% reported the whole process ran extremely smoothly. Most said they would do it
again. Compare that to the findings of the Which? report which stated that 50% of
sellers who used estate agents were dissatisfied with the service they received.
Recently a study by the "Interactive in Media Retail Group", IMRG (The global e-retailing
industry body) forecast that by 2010 nearly half (that's 700,000) of all property
sold in the UK each year will be without the help of a traditional estate agent.
That may be a little optimistic however, the tide is definitely turning.
Increasing numbers of people are waking up to the benefits of cutting-out estate
agents.
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
If you Advertise and Sell Privately
Private selling is becoming a very popular way to
market your property and save large amounts of money.
If you used Move Greener ltd for your HIP we will put a
link on your advert before it is published that will enable potential buyers to
view it online.
Advertising your property on our site will give you exposure
to hundreds of thousands of potential buyers through our marketing on the internet, locally
and by having one of our 'FOR SALE' boards outside your property. We are constantly
working to increase traffic to our site and because we concentrate on the Northamptonshire area you know you will be attracting the right visitors. Most people
move within 5 miles of where they live so it is generally not an advantage to use
other larger national
private sales
sites as someone in Newcastle will not usually
be looking to buy in Northamptonshire. Our aim is to become the first place to look
when you want to sell privately or are looking to buy a property in Northamptonshire.
Once someone has seen your property and contacted you to arrange a viewing through
your advert, you show them around your home yourself, you will be able to answer
their questions and give them a more personal tour. You know all of the
properties wonderful characteristics and exactly what it is like to live there.
Buying a property is the single most expensive purchase we are likely to make yet
being shown around a property by an estate agent can make a buyer feel rushed and
pressured, not a great way to view your home.
If the buyer decides to make an offer they will do it direct to you, you can then
discuss
it until you agree a price. Once agreed you exchange solicitors details and the legal process begins.
You deal with your solicitor directly saving time by not having to relay information
through the agent. You know exactly what is happening and when.
Once your solicitor has taken care of all the legal work and your house sale is complete,
keys are exchanged and you receive all of the money from the sale
(less solicitors fees and associated charges)
If we assume you advertised your property for sale on www.movegreener.co.uk and
sold it privatley for £250,000 our final charge to you would be £0 as we do not charge any commission
and ther are no hidden charges, only a one off fee £130 to sell or £70 to let.
If you have any questions you can look at our FAQ page
or email us at enquiries@movegreener.com
|
|
|
|
|
|
|
Here are some forms you will find useful, your solicitor
will give you their forms to complete but these will show the what sort of information
they might require
Fixtures & fittings form
Leasehold enquiry form
Seller leasehold information
form
Seller property information
form |
|
|
|
Moving home, tips & advice..... |
|
|
|
|
|
|
|
All the legal work involved is always carried out by a
solicitor, estate agents are not involved and serve no legal function, once you
have found your property and your offer is accepted the estate agent has finished
with you. Your solicitor will take it from there. So as you can see, you do not
need an estate agent to buy a property, you just need to find a property you like
and talk to the seller. That is why we have this site and we hope you can find your
ideal home here. |
|
|
|
|
|