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Hovas

 

Posts: 1
Joined: 24/8/2006
 

Private House Sales

 
Have been looking into selling my house without the use of an estate agent, and have fond the following webiste that might be of intreast to users:

1. Solohomes - www.solohomes.co.uk (Offer a bronze free package)
2. Property Broker - http://www.propertybroker.co.uk/
3. Private house fro sale - http://www.privatehousesforsale.co.uk/

I belive private sales will become more an more popular over the next few years, as it gives you a chance of making huge savings on estate agent fees, if you think about it what does an agent actually do? hmmmm not alot!!


< Message edited by Hovas -- 24/8/2006 10:16:41 AM >
  Report Abuse |  Date 24/8/2006 10:19:26 AM
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Richard Webster

 

Posts: 22
Joined: 25/8/2006
 

RE: Private House Sales

 (in reply to Hovas
As a Conveyancing Lawyer in Hampshire I have to deal with estate agents all the time. Whilst some agents are really useless there are a lot who do earn their money, which isn't just about finding a buyer - that's the easier bit.

The difficulty is often more about checking the buyer's ability to proceed and then keeping contact up and down any conveyancing chain to ensure that the transaction does get to exchange of contracts and completion.

Have a look at one of my associated website pages at:
http://www.choosing-estate-agent.info/selling_privately.htm
where there are some tips on selling privately.
  Report Abuse |  Date 25/8/2006 10:15:47 AM
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kiddings

 

Posts: 5
Joined: 25/8/2006
 

RE: Private House Sales

 (in reply to Hovas
You could also try www.mykeys.co.uk. they also have a downloadable guide to selling your home privately
  Report Abuse |  Date 25/8/2006 7:24:37 PM
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stender

 

Posts: 7
Joined: 7/9/2006
 

RE: Private House Sales

 (in reply to Hovas
I thought about selling privately but changed my mind as I didn't want to deal with the potential buyers. However I found I may as well have as the estate agent just sent anyone around and didn't vet them at all!

http://www.premiumproperties.co.uk
http://www.ukresidential.co.uk
http://www.leytonorient.co.uk


< Message edited by stender -- 7/9/2006 2:34:50 PM >


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  Report Abuse |  Date 7/9/2006 2:30:15 PM
 
Admin

 

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  Report Abuse |  Date 2/10/2006 1:46:16 PM
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delsee

 

Posts: 5
Joined: 3/10/2006
 

RE: Private House Sales

 (in reply to Hovas
One large factor is the number of potential buyers an estate agent can send you versus a private sale website. Larger exposure for your property = more viewings = more competition = better price?
  Report Abuse |  Date 3/10/2006 12:39:25 PM
 
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  Report Abuse |  Date 17/11/2006 2:41:13 PM
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NWInnovator

 

Posts: 2
Joined: 30/8/2006
 

RE: Private House Sales

 (in reply to Admin
Private sale websites are here to stay. Although I agree that it will take some time before their true value kicks in. If you asked 10 people what would be their first port of call when selling it would be the estate agents. However, in other countries private sales are the norm. Yes you will always have estate agents, but it is about giving people choice. As someone who has recently started a website to bypass estate agents i just think it is giving people the choice. Either they go with the agents or they try their luck privately.
  Report Abuse |  Date 20/11/2006 9:13:48 PM
 
tickeverybox

 

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  Report Abuse |  Date 27/1/2007 2:50:35 PM
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LAYSTAR

 

Posts: 8
Joined: 4/3/2007
 

RE: Private House Sales

 (in reply to Hovas
Well, I guess I am biased because I am with LayStar, which offers Property Services (http://property.laystar.co.uk/).

Anyway, the debate in question: I believe it important for sellers to understand exactly what estate agents will do for you before signing up with them. LayStar has no axe to grind whether people sell privately on our site or whether agents advertise on behalf of their clients.

Here are a few issues that you may wish to ponder over:

Estate agents may send people to look at your property, but there is little point in causing the seller the distress of preparing their property for a viewing when the property seeker is not that interested from the on-set. Remember, agents work in sales, and for them, a lead is as good as a deal - a lead is something to work on. The seller wants quality property seekers - not often what you get with many agents.

The myth that the agent will bring viewers to your property and do the sales. Wrong! The number of people that are seasoned house movers will tell you that agents will try to simply send a viewer to the seller's property and will expect the seller to undertake the viewing. We at LayStar believe this to be a major security issue, aside from it being unethical. But it happens. So, insist that your agent does ALL viewings even when you are at home.

When you engage with an agent, perhaps ask yourself this question: why isn't the agent telling me to tidy up, paint this, scrub that, cut the grass, paint the front door, etc? These are things that all agents know sell houses, but it's funny that they don't insist or at least impart with this advice with the seller as part of the terms of the egreement. They tend to turn up with the camera and tape measure and notepad, followed a bit later with their 'for sale' board. Then a number of months down the line you might be lucky enough to land yourself a buyer. And it really is luck if you have done nothing to present your property at its very best

Do you really trust the estate agent with your keys? Sure, the agent will tell you, they can show people your property when you are at work. Let's get realistic for a moment. How much time do you have before work to get your place looking tip-top for a viewing? Agents employ nosey people, just like you and me, so think really carefully about that one. If you do give the agent your keys, ensure that your very personal belongings are absolutely secure.

The estate agent is likely to be the most costly aspect of selling, unless you are in the upper price brackets for stamp duty. The point is that you should expect bells and whistles from your agent for the price they are charging. It is for you to determine whether you believe that the agent is worth their significant fees. You may like to consider that the legal aspect of selling - conveyancing - is undertaken by your solicitor, typically, for far less money than the agent charges. Does the agent's fee weigh up in your mind? Can you justify the expense? You could sign up with a number of internet-based firms and get really good coverage and perhaps a sale for significantly less.

Be careful also to read the contract the agent presents you, whether for sole agency or sole selling rights. We at LayStar would suggest that you do not enter a sole selling rights contract if given the choice, and that you sign up for a sole agency for just three months. After three months you are then entitled to enter into a multi-agency agreement with any agent and any internet-based marketer.

And a bit about internet-based firms: do not be fooled into believing that you will not need to pay your agent their fee if you sell through an internet-based firm when you are in a sole agency agreement. This is misleading. Also, if the internet-based firm offers a 'for sale' board as part of their package, and the board has the firm's name and web address on it, then the firm is acting as an estate agent (office of fair trading advice), which means that the firm must abide by the estate agents act and property misdescriptions act.

So, the advice: do what you feel happy with. There is no doubt that there is a sway away from traditional estate agents to fixed=price services offered by internet-based firms or similar. I also believe that there is no smoke without fire. So, why are so many people saying bad things about estate agents? I'm sure there are good estate agents, as I am just as sure that there are not-so-good esate agents. So I guess asking around is always a good thing.


< Message edited by LAYSTAR -- 4/3/2007 3:07:52 AM >
  Report Abuse |  Date 4/3/2007 11:07:06 AM
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Stevebaylis

 

Posts: 1
Joined: 2/5/2007
 

RE: Private House Sales

 (in reply to LAYSTAR
Hi i have just rieved an email from a website called internet-estates.co.uk. They offer to put your property online with the likes of Findaproperty and Sellmeahome. I'm guessing that as i live in Surrey (where findaporperty is huge) it's worth a shot - I'm more likely to get viewing from a large portal like that than one of these smaller ones. And at only £99 for 3 months it's worth a try!
  Report Abuse |  Date 2/5/2007 11:52:24 AM
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  Report Abuse |  Date 6/5/2007 9:16:01 AM
 
chrisbell

 

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  Report Abuse |  Date 16/5/2007 11:58:51 PM
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Daniel

 

Posts: 4
Joined: 20/9/2007
 

RE: Private House Sales

 (in reply to Hovas
Hello,

I am conducting some research for http://www.192.com/ on how property developers/investors/landlords and tenants are using 192.com when researching property investments.

If anyone that has used the website to research people/property/areas etc could let me know your feedback on how useful you find the site or how you are using it, I would be extremely grateful.

Many thanks

Daniel
  Report Abuse |  Date 21/9/2007 11:33:01 AM
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hoynala

 

Posts: 4
Joined: 8/11/2007
 

RE: Private House Sales

 (in reply to Hovas
You could also try the new site

savvyhomesell.com

It only costs £11.88 to advertise your property for sale and all contact is strictly buyer to buyer.


< Message edited by Admin -- 4/3/2008 7:37:08 PM >
  Report Abuse |  Date 8/11/2007 1:55:34 AM
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mrsyardbroom

 

Posts: 2
Joined: 21/1/2008
 

RE: Private House Sales

 (in reply to Hovas
We're trying to sell privately. I'm using google Adwords and will be putting up an ebay advert. I've put ads on various free classified ads sites. I've made a web page for our cottage and a friend is helping to "Dress" the house as I'm useless at anything like that. I think it's worth a try in the first instance but if there are no takers we will ask an estate agent to market the property. I guess selling privately depends on how quickly you want to sell.
  Report Abuse |  Date 21/1/2008 9:42:43 AM
 
jimc

 

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  Report Abuse |  Date 30/1/2008 12:42:38 PM
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Phild

 

Posts: 5
Joined: 1/2/2008
 

RE: Private House Sales

 (in reply to Hovas
Private house sales are growing every year. Now websites like MoveWise.co.uk offer a professional image and packages to suit all.

You now can choose to go it alone or sell alongside an estate agent if you would prefer.

Don't be put off by estate agents trying to scare you.


< Message edited by Admin -- 4/3/2008 7:36:55 PM >
  Report Abuse |  Date 12/2/2008 1:53:48 PM
 
sparky

 

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  Report Abuse |  Date 29/4/2008 10:46:40 AM
 
aedsys

 

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< Message edited by aedsys -- 24/4/2009 6:42:26 AM >
  Report Abuse |  Date 6/4/2009 9:05:07 AM
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