Why You Should Sell Your Property Privately
With 70% of possible home buyers looking online to happen property and with estate agents charging up to 4% inch sales commissions, more than than and more people are starting to see merchandising their property privately.
In this article well analyze why you should believe about merchandising your property yourself rather than using an estate agent to make it for you.
Estate Agents Charge Brawny Sales Commissions
Estate agents usually charge a sales committee of between 1.5% to 4%, plus VAT.
This agency that on a £150,000 property where the sales committee is 2.5% you would have got got to pay £3,750 sales committee plus £656 in VAT.
If you sell your property privately, you dont have to pay any sales commission.
You Dont Need an Estate Agent to Value Your Property
Valuations carried out by estate agents are not recognised by insurance companies as a footing for edifice insurance rates. This is because all estate agents trust on when they do evaluations is experience based on what similar places in the country have got got got got been sold for.
Furthermore, estate agents often value places at a lower amount than they are actually deserving so that they can fold the sale more easily and have their sales committee sooner.
Instead of using an estate agent to value your property, you would be better of using a qualified surveyor whose evaluation would be recognised by insurance companies and who doesnt have a vested interest in the request terms that you choose.
Estate Agents are Notoriously Disreputable
There have been some cases where estate agents have been punished by the Office of Carnival Trading for conning their clients leading to them losing thousands of pounds.
Estate Agents Act in Their Own Interests
Ultimately estate agents are only really interested in making their sales committee which intends that they might seek and carry a seller to accept an offer that he or she doesnt really desire to, simply to secure the commission.
There is Another Option- Sell your Property Privately
By advertisement your property on private sales land sites you can sell your home and salvage thousands of lbs in sales committees and the emphasis of managing estate agents.
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