Looking for critiques on my plan

JamesN

Hi

I’m looking at selling my house relatively soon. Hoping to list at the end of the month with a view to getting in for the new year trade.

The house is a 4 bed detached. Was built 3 years ago.

I’ve got a rough idea of what I want for it. Based on a couple of other sales on the same development.

As it’s still quite new, I’ve got the epc, floor plan and I’ve got a decent camera to take some pictures.

So to the plan

List with doorsteps on the basic package as I can provide floor plan, pics and epc. £99 in total.

Manage any viewings myself, I’m not a huge fan of agents, would rather deal with it myself.

Sort an online conveyancer.

Sell the house.

Settle the mortgage.

Seems pretty simple to me unless there are any glaring misses.

I do have help to buy so thinking of settling that before I list as I’ve heard the admin can hold up sales.

Thanks all

martin1959

Personally, I would not buy a property that was not listed with a reputable high street agent. I appreciate I am old fashioned, but most online agents, in my opinion, are cowboys, and do not chase the transaction through after the sale has been agreed.

da_rule

I assume you aren’t buying a replacement property at the same time?

Personally I would never use an online conveyancer. I’d much rather lay the extra and use a reputable, local firm. Someone I could pop in and see when an urgent document needs signing or checking etc. Most problems seem to come from slow/poor conveyancing firms.

If you have the money to settle the help to buy early then I would do this. The only downside is that you’d have to pay for a RICS valuation, whereas when it’s linked to a sale they’re more likely to accept the estate agent valuation.

JamesN

martin1959 wrote: »

Personally, I would not buy a property that was not listed with a reputable high street agent. I appreciate I am old fashioned, but most online agents, in my opinion, are cowboys, and do not chase the transaction through after the sale has been agreed.

As opposed to the agents on the high street?

JamesN

da_rule wrote: »

I assume you aren’t buying a replacement property at the same time?

Personally I would never use an online conveyancer. I’d much rather lay the extra and use a reputable, local firm. Someone I could pop in and see when an urgent document needs signing or checking etc. Most problems seem to come from slow/poor conveyancing firms.

If you have the money to settle the help to buy early then I would do this. The only downside is that you’d have to pay for a RICS valuation, whereas when it’s linked to a sale they’re more likely to accept the estate agent valuation.

Correct. Looking to rent for a bit. Plan is to relocate but my desired area has so few houses I want to be a cash buyer. Plus it’ll be more expensive so I want to see how brexit plays out.

For buying this house I used an online one. There were some frustrations but I’m one of those people that doesn’t get guilty over hounding people for things. I soon make a nuisance so they sort it just so I stop pestering!

Good point on the valuation piece. I guess my hope was if I settled it earlier they may undervalue it at which point I save 20% of any increment. Do you have much exp with rics valuations? Is that likely?

da_rule

RICS aren’t likely to undervalue. But a plus point will be that you have a decent idea of the value of the property which will help with the marketing etc. You won’t be relying on an online agent/comparisons with other properties. You’ll have a bespoke valuation report.

A further plus would be that, once you have the help to buy charge removed, the Land Registry should send you a new title register, free of charge. This is something else you can pass on to potential buyers.

Murphybear

Not heard of "doorsteps". Do they advertise on Rightmove? That's where most of your potential buyers will start looking

G_M

Murphybear wrote: »

Not heard of "doorsteps". Do they advertise on Rightmove? That's where most of your potential buyers will start looking

Not hard to google
https://doorsteps.co.uk/


But wasn't that the company that stopped trading leaving clients out of pocket? Or are they the next one todo so.....?

trailingspouse

You just need to add one more thing to your list -



Find a buyer.

Murphybear

G_M wrote: »

Not hard to google
https://doorsteps.co.uk/


But wasn't that the company that stopped trading leaving clients out of pocket? Or are they the next one todo so.....?

Possibly. They charge very little but advertise on the big portals such as Rightmove which are expensive. That doesn't sound like good business model. Let's face it, whatever people think of Rightmove it's where most buyers start looking.

When I was looking for rentals over the last year I found the same properties on Rightmove, Zoopla and Prime Location over and over again. The rentals market may be a bit different from the sales.

G-M of course I could Google it but I was more interested in finding out other people's experiences of it and if indeed they had heard of it

Okrib

Penny pinching doesn't usually end well with property, either with agents or solicitors.

I don't trust valuations by online agents, they tend to be way off base, and in London the perception is that using an online agent it often indicates that the vendor might be difficult to deal with / unrealistic.