Selling a house privately

Sothy

Georgie4 wrote: »

Estate agents do cost but the way the market is at the moment I think it may take you a LOT longer to sell your property without it being marketed in your local area. There is also all the hassle of viewings and chasing up solictors etc when you do get a sale - solicitors will be far more inclined to give information out to an estate agent about their client than they will to you. I would also be wary of a site that was offering a 2 year price - what does that tell you ??

The 2 year thing was for the registration of the website - im very familiar with all that and its nothing (intrinsically) to do with with the house buying project. It really does cost 88p to register an .info name, and £6 for 2 years for a .co.uk..

Richard_Webster wrote: »

It isn't just a case of finding a buyer but of making sure that a sale will go through.

A good estate agent will check whether the buyer is likely to be able to get a mortgage of the amount he wants. Can you do that? Do you know enough about the mortgage market to tell whether a potential buyer is a no-hoper or not?

If your property is not first time buyer matrerial then there could be a chain beneath your buyer. Are they OK or will one of them pull out?

Hmm a lot more to think about, wouldn't a mortgate certificate provide some reassurance that the buyer can fund this? Obviously a FTB wouldn't be in a chain, but i can't see what difference selling through a EA would make if a buyer dropped out or not.

Even if I do go through a EA, I would still have to pay for a HIP / EGC and legal fee's - all the estate agent will be doing is marketing and transferring message regarding offers etc. I'm quite happy to deal with bidders (in my job I do so etc) and i'm not one of the stubborn fools who will hold out to what I think my house is worth, I'll sell for what the local EA value it for (or a bit lower...)

I'm arranging to see a house soon so I'll see how I feel about the local EA and go from there...