If you are selling to somebody you know, there is usually no sense in employing an estate agent.
If you do not have a particular buyer in mind, and you are trying to sell your house or flat without an agent, you will need to:
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have a good idea of the real value of your property;
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as you will be "marketing" the property, Arrange a Home Information Pack;
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find a buyer; and
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make sure the transaction goes through.
1.Valuing your property
Usually, you will be able to look in estate agents' windows/websites to see the prices of similar properties. If prices are increasing you may find that there are few actually on the market. If prices are going down, then sometimes the prices you see are unrealistic and people are taking offers of several thousand pounds less. If your property is unusual for any reason, then it may be more difficult to value because there will be little to compare it with.
You can find out about recent prices for completed transactions at www.nethouseprices.com or at www.ourproperty.co.uk. You need to be aware that these prices would reflect "deals" negotiated 2-3 months previously and therefore will not totally reflect present values.
Once you have decided on your asking price you then need to arrange the Home Information Pack before any advertising can start.
2.Arranging the Home Information Pack
You could do this yourself, and there are websites out there to explain what is needed. Most of the cost is the cost of getting the Local and Water/Drainage Searches and the Energy Performance Certificate. You might feel happier with your solicitor dealing with it for you, as we are very familiar with the documents are involved. If we arrange the HIP and then act on the conveyancing work on the sale there will be a discount on our charges if the matter completes.
Continue on the Next page about Finding a Buyer
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