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Questions on selling and buying
dannyjebb
Posts: 428 Forumite
Hi all,
our apartment is currently with the housing association team (shared ownership property) the contract states they have the option to sell it to someone on their waiting list for the first 4 weeks. Price for 40% share we have was valued at 55k and the estate agents who valued it have a charge of £1800 which seems a lot of money 3% for selling what is ultimately an easy apartment to sell...2 more in our block sold within 3 weeks....I put out an advert on facebook last week on a local selling page and had 4 genuine people contacted me who are very interested and looking for this kind of apartment....The housing association charge 1% fee if they sell it....If they dont sell, has anyone every sold a house without an estate agent? Are there any guides to doing this anyone would recommend? I am guessing that most estate agents leads come from rightmove etc.....so hopefully some other form of advertising would be possible (I know individuals cant use rightmove, zoopla etc.) If this isnt recommended, what are people experiences with online estate agents? a couple have 5* reviews and only charge £600 fixed fee although this is upfront.
On to selling, would anyone recommend getting some kind of homebuyer protection? read so many posts recently about people being near completion then the seller pulling out for various reasons....a couple online are available for £50 for 4 months cover, the conveyancing company we have do no sale no fee, but I think things like searches etc are still charged...£50 seems a small price for peace of mind.
Thanks
our apartment is currently with the housing association team (shared ownership property) the contract states they have the option to sell it to someone on their waiting list for the first 4 weeks. Price for 40% share we have was valued at 55k and the estate agents who valued it have a charge of £1800 which seems a lot of money 3% for selling what is ultimately an easy apartment to sell...2 more in our block sold within 3 weeks....I put out an advert on facebook last week on a local selling page and had 4 genuine people contacted me who are very interested and looking for this kind of apartment....The housing association charge 1% fee if they sell it....If they dont sell, has anyone every sold a house without an estate agent? Are there any guides to doing this anyone would recommend? I am guessing that most estate agents leads come from rightmove etc.....so hopefully some other form of advertising would be possible (I know individuals cant use rightmove, zoopla etc.) If this isnt recommended, what are people experiences with online estate agents? a couple have 5* reviews and only charge £600 fixed fee although this is upfront.
On to selling, would anyone recommend getting some kind of homebuyer protection? read so many posts recently about people being near completion then the seller pulling out for various reasons....a couple online are available for £50 for 4 months cover, the conveyancing company we have do no sale no fee, but I think things like searches etc are still charged...£50 seems a small price for peace of mind.
Thanks
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