Sunday, September 09, 2007

The Different Ways You Can Sell Your Property

Using an Estate Agent to Sell Your Property

Selling a property with the aid of an estate agent is the traditional route. In fact it is so established that many people don’t even cognize that there is an alternative.

If you utilize an estate agent to assist sell your property they will normally make the following things:

Prepare the property specifics and photographs
Promoting your property to possible buyers on their lists
Arranging screenings with possible buyers
Handling enquiries
Helping to negociate the offer price

However, Estate agents usually charge a brawny sales committee of between 1.5% to 4%, plus VAT.

This agency that on a £250,000 property where the sales committee is 2.5% you would have got to pay £6,250 sales committee plus £1,094 in VAT.

The other problem with using an estate agent is that ultimately they are only really interested in making their sales commission. This agency that they might seek and carry you to accept an offer that you don’t really desire to, simply to secure the commission.

Selling Property Privately

An increasing number of people are starting to sell their property privately to avoid having to pay agents’ sales commissions. And with 70% of people searching for property to purchase online, this tin do a batch of sense.

Many online private property sales land sites are now offering similar services to estate agents (such as taking photographs, preparing an online advertisement for you and handling enquiries) without asking for a sales commission.

Selling property privately can salvage you thousands of lbs and the emphasis of working with an estate agent.

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