Did you know that over 5% of homeowners sell their property without an estate agent?
Selling your home using the Internet is now as effective as using an estate agent, with one major difference… You don’t pay the agent’s commission. That’s a typical saving of over £4,000.
So, you want to sell your property for the best price, within a given time-frame and with the minimum amount of hassle? Our Estate Agents UK page provides you with top-tips on how to do an estate agent’s job so that you can attract the maximum amount of buyers to your property. When it comes to intelligent property advice we’ve got it covered, with all the relevant links to contacts, organisations and online services on the UK property market.
Estate Agents – What do Estate Agents do?
A reputable estate agent will sell or rent a property on your behalf, negotiating between buyers and sellers and dealing with the related paperwork and legislation. The property vendor will discuss a potential property value with the estate agent and then an advertisement will be placed displaying the agreed asking price. Potential buyers will go through the estate agent to arrange viewings and when a buyer has been found, the agent will negotiate the price, deal with solicitors and take the sale to its final conclusion.
James Rigby Property Blog readers should take note that the property price is not set by an estate agent. Instead, an estate agent will take an estimated value based on the property market which stems from the type of prices buyers are willing to pay at any given time. Ultimately the buyers dictate the price of your property and not the estate agent.
Read on for invaluable property advice on how to set a property price yourself! You don’t need an estate agent to tell you what buyers are willing to pay for your property. You can make an educated decision yourself by doing a little research. Don’t get carried away by inflating a price or undervaluing. By browsing through property sites, estate agents’ windows and local property papers, you’ll begin to understand how much you can ask for in order to sell your home. Soon you’ll be able to share your property advice with others!
The majority of home owners will advertise in the paper. To begin your research compare your house with others in the area and discover how much people are asking for.
The Estate Agents Window
Another way to gauge the average asking price is by looking at estate agents’ windows. How do these prices compare to those in the papers? What are similar properties to yours valued at? You’ll begin to get a feel for the property market and how your property relates to others.
Find a Professional Property Valuer
Take property valuation to another level and get impartial property advice from a professional. The Royal Institute of Chartered Surveyors is one such organisation who can give an expert opinion on the price of your property and is the leading source of land, property, construction and environmental related information.
What Is The True Value Of Your Property? Is the asking price the selling price?
In most cases the answer is no. In order to fully understand your area’s property market you must research the actual selling price of similar properties to yours. By doing this you’ll understand whether prices are going up or down and you’ll share in the knowledge of many Estate Agents.
Online Estate Agents – How to find the right buyer?
Browse major Property Web Sites! – When it comes to appealing to the widest number of potential buyers, there are many aspects to take into consideration. Good presentation and choosing the right selling price are definitely important factors. However, none of these aspects are significant if you don’t have a wide viewing audience.
James Rigby Property Blog recommends that potential vendors take advantage of all the information available online. The online property sites listed above display around 90% of all the property on the market and are an excellent place to begin advertising. Put yourself in the shoes of potential buyers and compare your property with a huge list of buildings in the area on these online sites. By positioning your property amongst the competition you’ll be able to find a suitable asking price which fits in with the current market. Once you feel confident, add your property to the sites and write a fitting description to reveal all the great things about your home.
There is also a national organisation called The National Association of Estate Agents – visit their site for a whole range of useful information and a list of their accredited members.