Selling your home is not the same anymore. A lot of changes have taken place over the last few years. A few years ago, people would give agents 1,8% of their home’s selling price just so they could get a valuation, listing in-branch and online, photographs, and supplying a sales board.
As of today, the figure has reduced to 1.42%. This means that agents receive a total of 4,260 pounds for a property that is worth 300,000 pounds. The money they receive can have a small variation of less than 1% to even 3.5%. This results in frustrations among some sellers. How can sellers take matters into their own hands?
Tips on how to sell your house without an agent.
Ensure the house is sell-able
If you have decided to sell house without an agent, make sure the process is as easy as it can be. Make sure your house is sell-able as much as possible. Traditionally, kitchens and bathrooms are the rooms that make a house sell-able. If you are not in a position to change the kitchen, then don’t do it. Just tidy it up or rather replace any elements that are broken.
Set a price
With your house having an upgraded look, the next task at hand is picking a price for the house. This is where you will mostly rely on an agent for help. This does not mean you can’t do it on your own. You can surprise yourself.
Most agents give inflation values which in most cases is normally a tactic to make sure you choose them. At no moment can an agent have a higher price than the other. The market is the same. This is all thanks to the ability of what the internet can do. You should carry out your own research and evaluate comparable properties.
Write a description
Once you have your price set, then you are ready to show potential buyers what your property looks like. Before showing off the property, write down a few words about your home. This will play a major role in enticing buyers to your front yard. Do not be tempted to write detailed information about how beautiful and wonderful your property is, keeping the information brief will prove to be more efficient.
Take quality photos of your home
Photos will not do the property any justice if they are of low quality. If you choose to use photos for marketing your home, then make sure that the photos are of that property. If the property is located in a rural setting, then buyers will want to get a glimpse of land that is available and other views around the property.
If the property is modern and is located in a central location, take shots of the lifestyle setting around that area. This will be more interesting compared to just taking bathroom and kitchen photos. While taking photos, make sure you take shots displaying the front and decent garden shots.
List your property
Now that you have decided not to utilize the help of an agent, you will have to handle the issues of advertising, pricing, and viewings on your own. According to https://www.ii.co.uk, This is an ideal option if you already have an interested buyer. You can also make use of websites that do property advertisements. Most of these websites do not charge any commission to sell the property. They make their own money by carrying out targeted advertising.
However, these advertising websites do not provide you with any access to major property portals since some of them accept advertisements from estate agents only. You can use social media such as Facebook and Twitter to reach a larger audience.
Estate agents always come in handy when it comes to showing your property. This is always an advantage to those who work during the day. You can enlist friends and family members to help you show potential buyers your home. This will save you from paying estate agent fees.
Negotiating a price
When it comes to financial issues, you must keep a straight head. Do not be intimidated by the process. Decide the price that you will be okay with when offered and don’t accept anything below your desired price.
In case you refuse to accept a price, make sure to do it in a friendly way. Make sure to keep the communication as friendly as you possibly could.
Accepting an offer
If the offer works in your favor, do it verbally then later through email. At this point, nothing binds you legally until you exchange contracts with the buyer.
Instruct a solicitor
After accepting the offer, you will need to instruct a conveyancer or solicitor to take care of your legal work. Make sure to choose a licensed conveyancer.
Take care of renegotiation
When the buyer gives instructions to his surveyor that they want to renegotiate the price of the home. Handle the renegotiation on your own.
Selling the property without the help of an agent might seem tasking, but once you do some research about it, the whole process will be easy.