It is estimated that over 2% of the UK population now sell their property privately. This is an ever-increasing figure..
The main reason is that it is cheaper , a lot cheaper to sell property privately. If you pay an estate agent 1.5% commission , the seller will save £1,500 per £100,000 of the property value.
If you have a property valued at £250,000 that is a £3,750 saving. That can pay for your removal costs, solicitor fees and still have some left over for a holiday or new sofa.
So this brings us on to the reason people sell privately, it is a lot easier than it use to be. Firstly it is simple to market your property, you can use the Internet and there are many private sales companies. However how do you know which one to pick? Many are simply a one-man band operating from a front room.
To create a private property sales advert, you simply need:-
The key is that you need people to see your property. Therefore you need a for sale board for the passing trade and you need your property adverts to be online and preferably on a major property portal e.g. fish4homes.
However you also need to be smarter and think how else people can find your property, why not take out a classified advert in the newspaper? Why not leaflet a few roads nearby, did you know 80% of all people move within in 6 miles of their current address? Or if you are really enterprising why not leaflet people on a Saturday afternoon in your local high street as they are looking in estate agent windows – there is no more relevant and effective marketing technique.
There are several good and well-established private sales companies and these are:-
The little house company. Well established and well run pioneer of private sale market.
Property Broker. Good coverage in London and South East, been established for a long time now.
Houseladder. really badly designed garish looking site, but have been around a while and seem to run the service well.