Best way to sell a house privately

jackomdj

Personally I think it is worth using an agent that uses right move, I think most people with a computer who are looking to buy have a right move fettish & look each night to see what has come on the market in their search area in their price bracket.

thriftychap_2

Im no longer looking to move in the next 6 months but still look everyday.

Im very, very,very sad!

moneybunny123

googler wrote: »

Well, originally you said "it's only the publicity on rightmove (or similar) that generates sales", but now you're not sure if it is....

I was researching the websites that Financial_Savvy kindly recommended, and read in more than one place that over 98% of people look online when searching for their next property, so yes, in answer to your question, I'm pretty sure it is.

JQ.

moneybunny123 wrote: »

I was researching the websites that Financial_Savvy kindly recommended, and read in more than one place that over 98% of people look online when searching for their next property, so yes, in answer to your question, I'm pretty sure it is.

The last 2 houses we've bought we inspected and offered before any advert went on Rightmove, because we'd spent the previous 6 months regularly speaking to the local Estate Agents and built up a good relationship with them.

To me, I pay an estate agent to negotiate the best possible price on my behalf, using whatever tactics they deem appropriate. They are salesmen and it is that element of the process for which I am paying the fee. If an estate agent can get me an extra £10k on the sale price then their £4k fee is worth paying. The last 2 houses we sold went for prices £10-£15k in excess of the highest of the 4 valuations we had done prior to marketing. One of the ways we did this was by incentivising the fee for the EA - higher price equals higher fee. They were very aggressive marketing our property and achieved great results.

I would caveat my comments by saying we've not bought or sold during the current recession. However, I'd have thought that's even more of a reason to use an EA - squeezing every last penny out of the offers is even more important.

googler

moneybunny123 wrote: »

I was researching the websites that Financial_Savvy kindly recommended, and read in more than one place that over 98% of people look online when searching for their next property, so yes, in answer to your question, I'm pretty sure it is.

A very exact figure, wouldn't you say? And one which is quoted from the websites of those who are running online agencies as opposed to full-service ones..... Hmm

However, even if that figure were totally accurate to the last individual in the country, it can't be held as a proof of the statement - "it's only the publicity on rightmove (or similar) that generates sales", can it?

googler

Well, well - a statement from RM themselves from a few days ago

"One third of agents (33%) say they would not run their business without Rightmove – but 36% say they can, and 11% are already running their business without it.

The findings, in a poll of 264 agents ....

... Rightmove said that it had 82% share of the market among the top property websites in the UK..."

So almost one-fifth, possibly more, of the properties for sale in the UK aren't on Rightmove?

sweetd

is it possible to advertise on Right Move oneself ie I do all the work, take the photos, do the description, take the appointments by phone and show them round and negotiate (exactly as I do when I am selling stuff on E Bay, hardly a challenge) without using an agent or a third party? I agree with the idea that the EA's are limited life concept because their fees are so high for doing what we all can do......... negotiation is what we do anyway with an EA in the middle......... there is no need for them

googler

sweetd wrote: »

is it possible to advertise on Right Move oneself ie I do all the work, take the photos, do the description ....

In a word, no. See the first line of the OP.

herbertpug

Around here (Hampshire) it'll be £11,000 for estate agents fee (2% + 20% vat). It's a lot for a few days / weeks work. Adding on legal fees / stamp duty / surveys the cost of moving to a property the same price is upwards of £25,000. Instead we're considering to staying and sell / chuck out stuff / extend / improve / buy smaller furniture rather than spend almost a years income to be in a bigger place that needs a lot of work doing.
I would look to try a fixed price / 0.5% estate agent but the options are scarce.

moneylover

Originally Posted by Financial_Savvy
Next step is to use an online estate agent such as Hatched, 121Move, House Network etc. Cost around £500 no commission. This gets your property into rightmove.

Is there anything to choose between the online estate agents?