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Guide to How to Sell My Own Home



Selling Your Home Privately

Selling your own home privately is becoming more popular all the time.

In fact, a recent survey by the Office of Fair Trading found that around 10% of people have tried selling their homes privately. A staggering 91% said that they were happy with the experience and most said they would try it again.

The internet has given a huge boost to private sellers, allowing them to advertise their properties on websites that get tens of thousands of visitors each month - reaching people they would never have found otherwise.

There are also a number of home-selling clubs around - organisations you can join as a private seller who will help you out with advice on describing your property, For Sale boards and useful information to help you get the best price for your home.

Here's an overview of how a private sale might work:

  1. Prepare your home for sale

  2. Decide on a valuation for your home (a good method is to get several local estate agents round)

  3. Write up the property details - including measurements for each room, photographs where possible and as much information as you can.

    Find some estate agents' details for similar properties online (or in your local estate agent) and use them as a model.

    Note how they use careful wording to disguise any negative points.

  4. Decide where you are going to advertise your property. Some of the choices are:
  • Put a For Sale board up - it's tried and tested and still one of the best techniques for finding people who want a home in your area.

    Several websites will supply you with a suitable board, or you can make your own.

    (NB it mustn't be more than 0.5 square metres in size)

  • Cards in the windows of local newsagents, chip shops, etc.
    (it's cheap/free and well targeted to local people)

  • Uploading your details to the major property portal websites - some are free, some charge a small fee, but even when you add several together, they are much cheaper than any estate agent would be.

Once your property is being marketed, sit back and wait for the phone calls.

Make sure you keep your home 99% ready for any viewings - but don't be afraid to turn away anyone who just knocks at the door expecting to be shown around. In fact for safety reasons it might be a good idea to have some excusues ready for any unwanted callers, for example "my partner is in charge of this and is up in bed with the flu".

It's perfectly reasonable to require people to make an appointment and provide a contact name and telephone number. If you're going to be in your home on your own at the time of the viewing, make sure a nearby friend or neighbour knows you're expecting someone - just in case.

To learn more about how to manage viewings, see 'How to Handle Viewings & Negotiations Like a Pro'.

 

 

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

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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

 


 

 



Important note about your credit rating

Many websites don't make it clear that filling in their mortgage enquiry form means you might be credit checked.

This can put you at risk.

UK Mortgage lenders may assume an enquiry you have aleady made to another lender means you were turned down - and not that you are in fact carefully shopping around and rejecting the bad deals.

The best way around this significant problem is to ask an independent mortgage adviser to make anonymous enquiries for you.

Without risking your credit score an adviser can find you the best available mortgage deal. They will also know how likely you are to be accepted by the lender if you decide to make a formal application.

If you would like a recommended adviser to check out the best deals for you, anonymously, simply fill in the quick form below.

" Hmm..." You might think; "Won't I be hounded by a salesman hungry for my business? "

This is the most common question we hear from our users.

The answer is no you won't.

Firstly your enquiry is only passed to ONE person on a carefully vetted list of independent advisers.

Secondly, these mortgage advisers are professionals. Even when the market is slow they are busy people. There many people who need to move homes, or get a remortgage and are looking for advice all the time. Regardless of the state of the property market, life goes on.

So the advisers don't have time to hassle people. It just doesn't work like that. No one is gong to be forced into taking out a mortgage unless they really need one.

The advisers are very used to talking with people, perhaps like yourself, who are only "dipping their toes" into the water.

Many people just want an initial quick chat and if they feel comfortable will ask the advisor to contact them again later - often in several weeks or months. As a professional, the adviser will simply diarise this and call back at the appropriate time. There is no obligation at all.

(In the unlikely event that you ever feel at all "hassled" by someone on our list please let us know immediately. We have never heard of this. But if it happened we would definitely want to know).

 

"Thank you... the form was very quick. After many long phone calls to various lenders - where I'd go over the same details again and again - I was amazed at how easy you made it. You've saved me £1000's...." Peter B, Leeds


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