How To Sell Your House Without An Estate Agent Explained
We've Poured All Our Knowledge About Private House Sales Into One Place! Read On And We'll Teach You The Ins & Outs Of Selling A House Privately.
Selling a house privately has become ever more popular since the recession in 2008. In fact, many of us are choosing to opt for this type of sale because it's perceived to be a way of avoiding an agent's fees. Or perhaps because you've already found a buyer, you won't really benefit from using an agent. Selling a house privately to a friend or family member is a prime example. However if you're yet to find a buyer, private house sales come with a LOT of hurdles, which you need to be aware of before diving in headfirst. Read on and we'll make sure you're aware of them all.
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Private house sales are when you sell your house without an estate agent. By doing so, you're putting the responsibility for the entire process onto your shoulders. So this means that tasks like seeking an energy performance certificate, advertising, viewings, handling negotiations and so on, are all things you now have to deal with. The only time you'll need to call on someone external when selling your house privately, is when you receive an offer and need a solicitor to sort the legalities.
To summarise, private house sales mean:
Selling a house without an estate agent may seem simple on the surface, but the more you look into it, it's actually quite a task. Therefore it's no wonder the 'selling house privately VS agent' debate is such a hot topic at the moment. All in all there's around six steps you'll need to take before completing on your sale. So here's a rundown of the typical private house sale, to give you an idea of what they entail...
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Okay, so up to this point, selling house house privately doesn't appear to be that attractive. However, don't let that discourage you. There are several pros to selling your house without an estate agent, as well as cons too. So to help you weight these up and make up your own mind, here's a list of what we feel are the pros and cons of selling a house privately...
Whether a private house sale is worth it, is entirely depends on you and your circumstances.
If you're cultured in sales and feel confident in selling house to the best of its ability, then a private house sale may be the way for you. That's if you have the time of course, as selling your house privately does require a large commitment. But that's not to say it isn't worthwhile. When you consider that the savings you'll make could cover over a year's worth of mortgage payments, to you it could well be worth be the hassle. Or you may be selling your house privately to a friend, so don't really need to worry all that much about tense negotiations or attracting interest.
However if you're feeling a tad apprehensive about a private house sale, then you're likely to be better off leaving your property in the hands of a professional. That could indeed be an agent or a trusted cash buyer like us. Difference being, an agent charges you a fee and we don't.
Just remember though, whether you sell your house privately or not, is only half of the equation. You see, your choice here doesn't really affect the speed of your sale all that much. Go with an agent or DIY, and you'll still be reliant on the pace of the open market. On average open market sales take around 2-3 months to even be agreed. So the question you now need to ask is, 'should I sell through the open market or opt for an off market sale?'. While you'd assume the open market is the way to go, when you consider all the factors you have to content with, it typically turns out to be a lot trickier than an off market deal. For instance, here's just a few on the factors which influence the speed of an open market sale.
How long your property takes to sell can be down to...
If you're not fond of waiting around to sell a house privately, then you obviously want to maximise your chances. So to help you do just that, here's some handy tips....
In the case you've reached the conclusion that the open market isn't the right place for your property, then don't worry - there's a ream of off market options for you to choose from.
Now we don't like to sound big-headed, but we firmly believe that we're 'the' best way to sell your house privately - no questions asked. And here's why...
We think we're the best way to sell your house privately. Put us to the test today...
As you can imagine, being a trusted cash buyer of property, we get asked a LOT of questions about selling a house privately. Therefore, to help you out, we've written them all down to give you the answers you need...
What is a private sale?
Private house sales are when you aim to sell your property without using an estate agent. Essentially a DIY property sale organised and managed by the homeowner.
Can anybody sell there home privately without an estate agent?
Yes, however it can take a lot of work what with having to arrange photos, floorplans, sale signs and getting the property onto online portals.
How do you find a buyer without an estate agent?
There are several ways that you can look to sell your house without an estate agent. Spread the word yourself, use local advertising or noticeboards & use any websites you can to list your home such as Gumtree. There may also be alternative methods you want to explore such as cash home buyers like ourselves, house auctions or part exchanging.
What are the other alternative options to a traditional sale?
There are several alternative options to selling through a traditional method such as house auctions, part exchange companies, private sales and selling to cash buyers such as ourselves.
How much can you get from our we buy any house service?
Complete a few details to see if your property qualifies and get a cash offer – remember we buy any property, in any condition, in any location!
5 simple steps to having your property sold!
Our quick (but thorough) 5 step sale process means we can buy your house fast and at a great price
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Receive an offerfrom us within 24 hours
We’ll visit your property & formalise our offer
We’ll instruct solicitors and pay all fees
Exchange contracts & complete as usual
Why choose us as your cash house buyers?
We’re one of the leading we buy any house UK companies for residential/commercial property and land in England and Wales. We buy using our own cash house buying facility meaning we can offer the best prices in our industry and complete the sale quicker than anyone else.
|Your options||Average sale length||Typical cost to you|
|The Property Buying Company||2-3 weeks||£0.00|
|Other House Buying Companies||2-10 weeks||£1000|
|Property Auction||6-10 weeks||£2500-£5000|
|Online Estate Agents||16-52 weeks||£1000(upfront)-£5000|
|Estate Agents||16-52 weeks||£5000|
Unlike most of the other options available to you, we are not a broker or middle man, meaning you skip the fees and get a sale quickly and easily.
The Property Buying Company is registered with the Property Ombudsman and is a member of the National Association of Property Buyers
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