Feb 27, 2015
It’s a seller’s property market right now with house prices on the up. So if you want to join the hordes of people selling up, then there are some things you can do to get the most out of your property sale. But you may be wondering whether it’s wisest to do it by yourself or to go through a traditional estate agent. Let’s take a look at the pros and cons.
Ultimately an estate agent assumes more responsibility for the sale of your property, taking a degree of the burden off your shoulders. However this comes at a cost, diminishing the return you make at the end of your sale. The alternative is to essentially manage the sale yourself, perhaps by using an online agent with a flat rate fee. The greatest benefit of this approach is that it lowers your costs, enabling you to save more of the money you make from selling your property so you can invest it in your next place. The internet is a great place to advertise your property, with many buyers looking there first when searching for somewhere to live. Some websites will charge you a fee to list the property, and these serve simply as listings pages. A heavy degree of responsibility falls to you, but this also means you can advertise your property your own way. You’ll have to take your own property photos and upload them, provide details and measurements, arrange your own viewings and show prospective buyers around. Some websites however provide a greater service for a higher fee, which may include valuation, professional photos, arranging viewings and more.
Onus On You
Using an online service of course allows you to cut fees, but has other advantages too. It means you can conduct your own viewings, as you are surely the person who knows your property best. The onus is on you to market your property so if you have a good camera and the gift of the gab then you can publish a good pitch online and see prospective buyers flocking to you. You will have to negotiate for yourself, so if you are a tough negotiator then this is perfect for you and you may prefer it to hiding behind an estate agent. And after all of this you will be in the pleasant position to find more of your cash is your own when the hard graft of the sale is done and dusted, rather than seeing it siphoned off by an estate agent. This allows you to put more into the purchase of your next property or into investing to do it up. Go ahead and see how much you can save online. All you have to do is find the right site for you on the internet where you can reach the largest possible field of potential buye