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How to buy a house without an estate agent
youth_leader
Posts: 3,034 Forumite
Hello, can I please ask where to look for advice on how to buy a house without an estate agent?
£216 saved 24 October 2014
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Comments
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Strike puts your house on Rightmove for free. But if you can find a buyer yourself then you don't need EA.
Happiness is buying an item and then not checking its price after a month to discover it was reduced further.1 -
Stick it on Facebook, you'll soon find people tagging people who are looking for a house in the post.2
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The topic's come up on this board a few times previously, although I can't recall specific threads at the moment.As I recall the main issue is that there's no real way to get your property onto the online sites such as rightmove except via an agent. So the property really needs to be one in a very sought after area and/or where you can attract passing interest via a home-made sign out the front.Edit: here are a few previous threads I've found by entering 'selling without an estate agent' in the 'search forum' box above - there are also a few more
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Personally I always think a good estate agent will get their fee's and some. Buyers will always low ball and try and manipulate those without an agent.
If you have not seen the value of what they do you used the wrong one.
Unless you negotiate £300,000 deals daily and can lie with a straight face, use an agent IMHO3 -
Too many people think selling a house just means sticking a photo of it on the web and maybe a for sale sign outside and then awaiting the flood of buyers.I expect that the OP will be forming their ideal of asking price by getting a few agents in to give them their free valuation advice? We can then await the next questions on how to deal with their difficult/demanding buyer etc.!But, if you go for it, do please tell us all what methods you used and how it goes and good luck!!4
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I tried to buy a house that the owner had listed on Strike - became a nightmare and would never do it again. After two months I had to give up and am now buying a property through a "traditional" agent. So much easier to deal with.
It would have to be a very special property to make me offer on anything listed by them again.
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Yeah, I think a lot of buyers would probably be detered by a vendor who was trying to cut corners to save money. Especially as it is solely to the benefit of the vendor and to the detriment of the buyer (despite their bad rep, estate agents do provide a service after all). Plus, if captain bodge is at it with the estate agent, it makes you worry what other shortcuts he may have taken in the house.TonyMMM said:I tried to buy a house that the owner had listed on Strike - became a nightmare and would never do it again. After two months I had to give up and am now buying a property through a "traditional" agent. So much easier to deal with.
It would have to be a very special property to make me offer on anything listed by them again.
The only scenario I think this is valid, is if you're already aware of interested buyers.Know what you don't2 -
Are you in an area where demand is high and property flies off the....er.....street?1
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Thank you everyone, I should have been more concise. I am asking on behalf of friends, their landlord has offered to sell them the house they have rented for many years. They will need to get a mortgage so assume that will involve a survey. I will give them my solicitor's contact details.£216 saved 24 October 20140
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Oh, that was a misleading query then!youth_leader said:Thank you everyone, I should have been more concise. I am asking on behalf of friends, their landlord has offered to sell them the house they have rented for many years. They will need to get a mortgage so assume that will involve a survey. I will give them my solicitor's contact details.
In that case you do everything as normal, the only difference is that the vendor didn't need to use an agent to find a buyer.3
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