Top 5 Ways To Sell Your Home - Part 3 - Selling Your Home Privately
Selling your home privately has traditionally been a much less popular option than using an estate agent, but with the arrival of the internet, it is becoming an increasingly popular option.The procedure is quite simple: vendors first decide what price they are going to sell their property at, then simply place an ad on a property website, in the local paper or on a local community board, then wait for potential buyers to contact them. Viewings are then arranged, then the vendor prepares themselves for an army of potential buyers traipsing through their house. One of these viewers will hopefully make on offer, and if it is to the vendors' liking, it will be accepted and the deal completed.
There are a number of private house sale websites on the web including www.houseladder.co.uk, www.mypropertyforsale.co.uk and www.privatehomeseller.co.uk. Prices for advertising on these sites varies, but they typically charge £100+ for a listing. The rise in popularity of the internet in the last few years has made sites like these an increasingly attractive option for home buyers and sellers.
There are many other ways to advertise your home when selling privately: spending £50 to get some flyers printed can be a great investment, as is advertising in all sorts of magazines and local press. Word of mouth is often the best form of marketing in any industry; use it to your advantage by telling friends, family, colleagues, neighbors, anyone, that you are selling your house.
The main reason some people are choosing to sell their homes privately rather than using an auction, estate agent or house buyer is the cost savings. Spending a few hundred pounds marketing your property can be greatly preferable to spending thousands on estate agents commissions or auction fees.
The downside is the increased hassle involved in selling privately. With an estate agent, all the marketing and arranging viewings etc is done for you. With a private sale, you have to do all the running yourself. With many people having such busy lives these days, many are still choosing to go with more traditional channels.
Quick Move Now's perspective on selling privately is that it is a viable option for some people, but for those that don't have the time or energy to market their property to the public themselves, other channels would be preferable.
One reason selling to a house buyer like Quick Move Now is preferable to selling privately is the speed: when selling privately, vendors can often be waiting many months to find a buyer (as is often the case when selling through an estate agent). When selling to Quick Move Now, the process is completed in as little as two weeks. See the other benefits of using Quick Move Now here.
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