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Buying A House – Checking Exterior Wood
You need to be very careful before committing to the purchase of a house. If the house has wood and brick on the exterior, you need to consider the following issues.
Wood Issues
Wood is a beautiful material, particularly when it is used on...
Home Mortgage
A home mortgage is worth consideration. It refers to a long-standing credit that a debtor obtains from a financial institution or from a property seller.
In common, the house is the usual collateral for the mortgage, thus the term "home...
New Hampshire Real Estate – Switzerland Of America
With soaring mountain ranges, New Hampshire is often called the Switzerland of America. Fortunately, New Hampshire real estate prices compare favorably to Switzerland.
New Hampshire
New Hampshire is a state with beautiful scenery that takes on...
The Benefits Of A Professional Realtor®
Buying and selling property is not as easy as you may think. There are many things that you have to consider when purchasing a home, or when putting a home up for sale. That is why there are real estate professionals out there armed with the skills...
The Benefits Of Wooden Flooring
They're affordable and come in a wide variety of styles and colors. They're easy to install and maintain. They add value to your home, and maintain their value over time. They're versatile enough to be the perfect backdrop to any decor. And to top...
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The Different Ways You Can Sell Your Property
There are two ways that you can sell your property. One way is to use an estate agent and the other is to sell privately, which usually involves advertising on the internet. In this article we’ll look at the two options to help you decide which one you’d rather take.
Using an Estate Agent to Sell Your Property
Selling a property with the help of an estate agent is the traditional route. In fact it is so established that many people don’t even know that there is an alternative.
If you use an estate agent to help sell your property they will normally do the following things:
• Prepare the property particulars and photographs
• Promoting your property to potential buyers on their lists
• Arranging viewings with potential buyers
• Handling enquiries
• Helping to negotiate the offer price
However, Estate agents usually charge a hefty sales commission of between 1.5% to 4%, plus VAT.
This means that on a £250,000 property where the sales commission is 2.5% you would have to pay £6,250 sales commission plus £1,094 in VAT.
The other problem with using an estate agent is that ultimately they are only really interested in
making their sales commission. This means that they might try and persuade you to accept an offer that you don’t really want to, simply to secure the commission.
Selling Property Privately
An increasing number of people are starting to sell their property privately to avoid having to pay agents’ sales commissions. And with 70% of people searching for property to buy online, this can make a lot of sense.
Many online private property sales sites are now offering similar services to estate agents (such as taking photographs, preparing an online advert for you and handling enquiries) without asking for a sales commission.
Selling property privately can save you thousands of pounds and the stress of working with an estate agent.
About the Author: Property for me.co.uk (http://www.propertyforme.co.uk) is a private sales site covering the whole of the UK designed to help you save money in estate agents commission fees.
Source: www.isnare.com
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