How best to sell an house when 200 miles away?

fed_up_and_stressed

Or chuck the house in an auction ..probably cheaper to engage an estate agent though

SmlSave

Purplebricks are fine selling houses, just don't sign their contract if it states you have to use their solicitors!

Truly terrible

ThePants999

If you're considering arranging an open day so as to handle viewings yourself, bear in mind that the open day will hardly be the last time anyone needs access to the property. On our purchase, the vendor's agent also needed to arrange access for
- second viewing
- surveyor
- mortgage valuer
- electrical inspection
so you could be doing a lot of driving :-) If you use an online agent like PB, make sure they're willing to handle all of that, not just the viewings.

Old_Git

danthemoneysavingman wrote: »

Hi all,
hoping for some helpful suggestions.
My siblings and I have inherited a house which we now need to sell. The option-limiting factor we have is none of us live anywhere near it, so we cannot be around to manage viewings at all.
Are there any good options to help us sell the house beyond engaging a local estate agent and trusting them with the keys?


All helpful comments warmly appreciated!


No doubt I've given far too few details so pls let me know what other info may help here.


Thanks !

what is the local market like .Are we talking weeks or months to find a buyer .
Who looks after it in the mean time

danthemoneysavingman

Old_Git wrote: »

what is the local market like. Are we talking weeks or months to find a buyer.

Well I'm not sure how I'm supposed to know nor find out the answers to these questions? But if you can advise how I do please let me know!

ManuelG

danthemoneysavingman wrote: »

Well I'm not sure how I'm supposed to know nor find out the answers to these questions? But if you can advise how I do please let me know!

Download http://www.property-bee.com/

Do a search for similar types of houses in the similar area - include the sold subject to contract ones.

Check those out, and see when the inital entry was, compared to the Sold STC.

That'll show how long it takes between going on to market to getting an offer.

buglawton

fed_up_and_stressed wrote: »

Or chuck the house in an auction ..probably cheaper to engage an estate agent though

Auctions will only attract cash and investment buyers. You'd get a low price. I'd sell via a local EA after bargaining them down on the fee. When houses cost under £100k 3% was bad enough, try to get 1.5%. EA would want exclusively for that so choose one who's obviously successfuly selling similar properties. Haunt the sold prices pages of Zoopla etc for the same postcode and get a clear idea of local prices. A well prepared property can easily bring in 3% more than an unprepared one. Even at 200 miles away the time put in will be well repaid.