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Guide to How to Sell My Own Home



Selling Your Home Using an Estate Agent

Selling through an estate agent offers a number of advantages and disadvantages. It may not suit everyone but it is still the best option for some people.

Pros
  • All paperwork, viewings and offers should be taken care of for you

  • Your agent should have a list of people looking for properties like yours and should be very familiar with the local market

  • You should have a good chance of getting the maximum sale price possible

  • Your home should be marketed and advertised widely in all the right places

Cons
  • Not all estate agents offer the service described above

  • Some estate agents will put pressure on you to use their mortgage brokers and surveyors - because they get commission from doing this

  • Potential buyers using the agents' mortgage broker may get preferential treatment over those who do not - regardless of who makes the best offer for you

  • Estate agents' fees vary widely but can take a big chunk out of your sale price

In fact, some estate agents are pretty crooked - so make sure you get valuations from two or three and don't be afraid to quiz them about how they work.

Remember...

If you do choose to sell your home through and estate agent, make sure you understand all the details of the contract:

  • What will all the fees be?

  • How long are you tied to that agent?

Don't be afraid to negotiate on fees - even the government recommend it!

In 2004, an Office of Fair Trading report* into estate agencies concluded that "Consumers can and do benefit from shopping around and negotiating on fees. This should be encouraged."

*Estate Agency Market in England and Wales, Office of Fair Trading, March 2004. (Crown Copyright).

 

To read more on this subject please see the list below or your mortgage guide or your home buying guide

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Read On

Selling Your Home Privately

Related article

Everything you wanted to know but were too afraid to ask about Estate Agents

 

 

To read more on this subject please see the list below or your mortgage guide or your home buying guide

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below

Value of Property £  
    (eg 125000)
Borrow How Much? £
    (eg 92500)
Your Morgage Type

 

Read On / Full Guide How to sell Your Home

Preparing your Home for the Sale

Preparing the Inside of your Home

Getting the Outside Right

Preparing Your Home on the Day of a Viewing

 

Pricing your Home for the Sale

How to Value & Price Your Home

Valuing Your Home Yourself

Setting the Price

 

How to Handle Viewings & Negotiations Like a Pro

Preparing the Scene

Do You Have To Be There?

Personal Safety

Handling Negotiations

 

Conveyancing and HIPS

Overview of Conveyancing

The Sale Process - How It Works

Home Information Packs - What You Need To Know

Preparing Your Own HIP

 

 

 

Read On / Mortgage Guide

How to Choose your Mortgage

Types of Mortgage

Remortgages

Where to Find Your Mortgage

Getting a Mortgage in Principle

Costs of a UK Mortgage

Your Mortgage TOP TIPS

Calculators

A to Z all UK Mortgage Types

 

Read On

Guide to Buying a Home in the UK

Guide to UK Home and Mortgage Insurance

Life Insurance Guide

Glossary of UK Mortgage Terms

Mortgage News

 


 

 

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Home Buyer's Guide

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We tell you everything you need to win the race for that dream home... how to get your seller's Estate Agent onto your side... how to get properties for a 30% plus discount.. how avoid being gazumped at the last minute and more.

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Please note, this information is NOT necessarily RELEVANT in Scotland

Quick Outline of the Home Buying process

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