Many Sellers are turning to selling their homes privately these days. The age of the internet has made this much more possible. However the costs between selling privately and selling using an Internet agent can be very comparable and yet the benefits of the internet agent far out weight the route of selling your home privately.
When you sell your property privately you will need to decide how to market your property. Most sellers will opt for newspaper and internet advertising. The most common websites which offer exposure to the internet are littlehousecompany.co.uk, mypropertyforsale.com, houseladder.co.uk and the Loot. Off the internet net placing advertisements in local newspapers and magazines is an effective method however weekly costs mount up quickly.
If you were to utilise the above websites to sell your home privately, a new paper advertisement for 2 months and a Private for sale board you would quickly build up around £500 in marketing costs (Internet advertising £250, Newspaper £200, Board £50) and your exposure on the internet would be minimal in comparison the internet portals available to the estate agent.
The top property portals in the UK are as follows:
1. Rightmove.co.uk
2. Findaproperty.com
3. Primelocation.com
4. PorpertyFinder.com
5. Globrix
6. Zoopla
7. Nestoria
8. Fish4homes
9. Hotproperty
10. Homesandproperty
Most estate agent’s high street or internet produce leads through hits on their main portals such as Rightmove and Findaproperty.
An internet estate agent will typically perform everything the same as a high street agent but will not have the high street presence for people browsing the high street.
You should expect a valuation, photos, sign board, arrangement of viewings and negotiation of offers in addition to marketing on ALL the major portals including Righmove, Findaproperty, Primelocation, and property finder.
This unrivalled internet marketing will ensure your property is showcased to as many buyers as possible far outweighing the choice of selling privately. The main driver for selling privately is to keep costs down whereas using an internet estate agent can keep costs perhaps lower than marking yourself and increase your exposure 10 fold.
If you want to go it alone when selling your property, in the wake of internet estate agents you really have to ask yourself the question : is it really worth it?
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