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Selling high value property without an agent

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  • Selling high value property without an agent

    I’m fortunate enough to live in an exclusive waterfront location on the south coast.
    The house has six bedrooms, but is falling apart.
    The location, however, is ‘to die for’ and many of the properties in the immediate area have already been redeveloped, with lavish multi-million pound homes becoming the norm.

    My circumstances dictate that I’ll need to sell the house within the next three years, but it’s really important that I get the best price I possibly can.
    Needless to say there’s no shortage of interest from estate agents eager to sell the property and I’m sure that if I needed to sell quickly, this would be the best way to go.
    However, I do find it difficult to accept the huge fees involved and would like to explore the possibilities of selling without an agent.

    I’m not ready to move right away so I don’t need to make any hasty decisions, but are there any reasons why I shouldn’t put the property on the market now myself and just see what happens?
    I don’t really see what I have to lose, but I may be being naïve.
    I’ve never seen any other properties of this value sold without an agent – It’s just not done, but I’d like to know why and if there would be any negative consequences in doing so.

    I can see that an agent will be able to reach a much wider range of potential buyers and it may well be that I sell this way in the end anyway, but I know from conversations I’ve already had with agents that they’d not be happy putting it on the market at the sort of price I’d like to get (significantly above their estimate of its value).
    Ultimately, like any property, it’s value is value is determined by whatever the buyer’s willing to pay and it would only take one person with deep-pockets and the ability to imagine their dream home in this idyllic location to make it all very worthwhile.

    One problem may be that I’m not ready to move right away although, having said that, I’m sure if I were to receive a suitably attractive offer, I could be persuaded to fast-track my plans. On the plus side, properties of this type don’t come up all that often and prospective buyers often take the long view where this type of purchase is involved.
    So putting the property on the market now with a view to selling some time in the near future may well be not such an inappropriate idea after all.

    It may just be that nobody does it because nobody’s doing it, but I may be indulging my wishful thinking here and come down to earth with a bump when the pitfalls are pointed out.
    I’ve posted this on a number of property forums in the hope of getting some useful feedback, so any constructive comments will be most welcome.


  • #2
    Re: Selling high value property without an agent

    I guess it's a normal practice by most of the house seller when they just want to check the market situation and they really don't bother with any agent. Anyways agent won't charge you unless your property get sold by any buyer and same goes with buying property.
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    • #3
      Re: Selling high value property without an agent

      Hello Milli,

      Thanks for sharing information.
      Lettings Agents Edinburgh - Property Management Services


      • #4
        Re: Selling high value property without an agent

        You have made great efforts to sell a house without an estate agent. All estate agents are not charging high fees. An estate agent can help you to get the best price of your property. It depends on the estate agent you are selecting. If you have selected an experienced estate agent who has expertise in your area then you will definitely get excellent value of the property.
        Kingswood Properties-Estate and Letting Agents in Preston


        • #5
          Re: Selling high value property without an agent

          I think your decision of selling your house without an estate agent is right. If you are not ready to move right away since, it is not easy to sell a house without an agent.


          • #6
            thanks for sharing this great information with us so intersting


            • #7
              There are numerous options to consider when selling your home, mostly it comes down to the speed of the transaction which you require. Selling with an agent can take months if you are lucky, so if you are in need of a quick sale there are other avenues to consider including auctions, direct home buying companies.

              Agents have an upside as they can offer relocation as part of their package with reduced rates, but if you have already found a property which you desire then you can save yourself a small fortune.

              Either way, make sure you have a good solicitor to help you through the process!
              YesHomeBuyers are buying property.
              Tel: +44 800 133 7687 / Web: https://www.yeshomebuyers.com/


              • #8
                If you are going to sell your home without the help from agents, take some tips from these article:
                Things should consider before selling home
                No-cost tips for selling home fast : https://goo.gl/n1SyzE
                First time you sell your property but you want to sell home on your own. You are being stuck in how to get started. Read these following tips to know the basic process of selling real estate.


                • #9
                  Hey this sounds interesting.Thank you for the information


                  • #10
                    If you want to sell your house fast you could go to investor sites like brandonbuysdallas you can search them on google, they buy houses and give you cash offer within 24 hours
                    Need to sell your house fast? We buy houses in Dallas/ Fort Worth, Texas and surrounding areas in as little as 7 days. If you're saying " I need to sell my house fast!", we'd like to buy!