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Sell by owner or get professional help?

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  • Rachelpropertylady
    replied
    Re: Sell by owner or get professional help?

    Some estate agents will charge a fortune, but I know a few who will only charge 1%.

    Otherwise, you can save money by selling online - there are some free sites (like gumtree) who are good and they have lots of exposure. I'm finding quite a few people are selling themselves.

    Hope this helps,
    Rachel.

    Leave a comment:


  • jtrader
    replied
    Re: Sell by owner or get professional help?

    Yes many do use online portals such as those.

    Leave a comment:


  • jtrader
    replied
    Re: Sell by owner or get professional help?

    I'm glad that went well with the cash buyers- though most feedback i get from people i know who got quotes they were quite a bit below market value!

    Leave a comment:


  • propertydiamond
    replied
    Re: Sell by owner or get professional help?

    If you are going to do it without an agent - make sure you get a good lawyer to advise you.

    Leave a comment:


  • Kaz
    replied
    Re: Sell by owner or get professional help?

    Really jtrader? Are you saying that those websites advertise on Rightmove, Findaproperty and Zoopla?

    Leave a comment:


  • jtrader
    replied
    Re: Sell by owner or get professional help?

    Selling your own home is easier than ever before as many of the websites out there use the main property portals used by estate agents!

    Leave a comment:


  • Michelle Alden
    replied
    Re: Sell by owner or get professional help?

    It's best to get professional help because they have experience in selling unless you really know what you are doing.

    Leave a comment:


  • Richard Webster
    replied
    Re: Sell by owner or get professional help?

    The average home that is sold privately sells for 14% less. Be careful.
    I am not sure that is true in England/Wales. I am sceptical about selling privately I don't that is a valid reason for not doing so.

    Most people can get pretty near at valuing their own property - it is making sure the buyer proceeds that's the issue here.

    Leave a comment:


  • canadarates@hotmail.com
    replied
    Re: Sell by owner or get professional help?

    The average home that is sold privately sells for 14% less. Be careful.

    Leave a comment:


  • daisy_luckas
    replied
    Re: Sell by owner or get professional help?

    Thanks to both of you, but finally got a good offer from a cash buyer. My agent could not guarantee a fast sale, so decided to go with the quick buyers. They are offering good price, pretty close to market value.

    Leave a comment:


  • Richard Webster
    replied
    Re: Sell by owner or get professional help?

    you make quite a striking statement about people who advertise as cash buyers. This implies that all cash buyers are to be mistrusted and there is no place for investors to assist people as in this case.

    As an investor I use many forms of finance which as a solicitor I am certain you are aware of. As an example I now have access to a large property fund established in the North West. The deal is 100% cash out of the bank.

    But lets put it another way - what if the money that ends up in the sellers account has not been in the buyers account for a year. Does this matter to the seller? You assert that it is the financing process that often delays the sale. In my experience the majority of delays come from the delay in getting the sellers paperwork in order eg outstanding secured loans, dual ownership issues etc. Joint ventures are becoming increasingly popular as a means to bring the force of other peoples money to bear on a market which on occasions needs people who are prepared to purchase a property at a discount from someone who needs to sell urgently.

    I suspect you are thinking 'methinks he doth protest too much'. You may be right but I felt I needed to add balance to your comment. Thanks.
    No, that's fair enough, but it is still the case that if an estate agent checked you out he would presumably come back to the seller and explain that you were experienced and knew what you were doing, and therefore it was a reasonable proposition.

    My concern is about the private individuals who say they are can proceed - some deliberately lie, but more often are naive and think they can buy when they can't, and the seller hasn't enough experience to ask the right questions to find this out.

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  • Robin Ferrier
    replied
    Re: Sell by owner or get professional help?

    Richard,

    you make quite a striking statement about people who advertise as cash buyers. This implies that all cash buyers are to be mistrusted and there is no place for investors to assist people as in this case.

    As an investor I use many forms of finance which as a solicitor I am certain you are aware of. As an example I now have access to a large property fund established in the North West. The deal is 100% cash out of the bank.

    But lets put it another way - what if the money that ends up in the sellers account has not been in the buyers account for a year. Does this matter to the seller? You assert that it is the financing process that often delays the sale. In my experience the majority of delays come from the delay in getting the sellers paperwork in order eg outstanding secured loans, dual ownership issues etc. Joint ventures are becoming increasingly popular as a means to bring the force of other peoples money to bear on a market which on occasions needs people who are prepared to purchase a property at a discount from someone who needs to sell urgently.

    I suspect you are thinking 'methinks he doth protest too much'. You may be right but I felt I needed to add balance to your comment. Thanks.

    Robin

    Leave a comment:


  • Richard Webster
    replied
    Re: Sell by owner or get professional help?

    I tried to get in touch with an agent; seems either they are too busy or too lazy. I am going to contact cash buyers. I need to sell my house really quickly...already into arrears.
    Be careful they really are cash buyers - lots of people try it on and are really raising mortgage finance or have something to sell so cannot proceed quickly. Good estate agents will be more likely to spot that kind of thing.

    Leave a comment:


  • daisy_luckas
    replied
    Re: Sell by owner or get professional help?

    I tried to get in touch with an agent; seems either they are too busy or too lazy. I am going to contact cash buyers. I need to sell my house really quickly...already into arrears.

    Leave a comment:


  • donnaphipps49
    replied
    Re: Sell by owner or get professional help?


    Selling your own home can save you tens of thousands of dollars. Selling your home is always stressful. But if you want less hassle just seek for professional help. So that he/she would complete that task of selling your home.

    Leave a comment:

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