Selling a property yourself

kipsterno1

We sold our last house without an agent. 

The house was in a good location with high demand so we took the view to float it locally via social media and see what response we got. If it didn't sell then we could always then go with an agent.

The big negative for me is ensuring the viewers/buyers are serious and have the funds in place along with the chasing up. We got lucky with our buyer. He had the funds and sold his place quickly and that was to ftb so a short chain (we had already bought our next place).

Slithery

michael8626 said:

Slithery said:

When you say 'selling by yourself' are you thinking about not using a solicitor?

If so then you'll find that any potential buyers solicitors will refuse to deal with you...

I don’t think anyone would be foolish enough to not use a solicitor for the legal paperwork.

It used to be pretty easy before the money laundering checks came in. Selling is a far lower risk than buying as it's up to the purchasers what questions to ask, you just answer them with no further liability..

I did it a couple of times.

74jax

michael8626 said:

Hi

Does anyone have any experience of selling a property without using an agent? 

I am being told by agents that demand is extremely strong, I have the time to do this myself and I hope to a professional level, what are the downsides to doing it yourself and using a firm to get it listed online? 

What are the pitfalls please? 

I've sold all my properties myself. The most recent being my mams when she died. 
I just put the feelers out with neighbours, news spread and I had a couple of offers from people the family knew. 
Previously I've just posted on Facebook and word got around. 
I have, however, always worked in property. Residential, newbuild, banking etc. Was happy to negotiate, doing viewings, apoint sols etc.