At this stage, before you make too many irreversible decisions, it would probably be a good idea to look at the pros and cons of DIY selling.
The biggest pro is of course that you don’t pay commission
when you sell your own home.
Estate Agents charge anything between 2% to 3.5% of the sale price (plus vat) which, at today’s prices, is not to be sniffed at. (So it will easily cost you at least £2000 for a £100,000 house).
The biggest con is the work you’ll have to do.
You can save thousands in commission when you DIY
Avoid relying on Estate Agents - who are often inefficient.
Advertising is cheap & easy on the internet.
Selling yourself has become increasingly popular. Thousands of people are doing it !
Summary of the CONs
Time. Showing people round; if you work all hours it
might be better to let an agent take the strain. (But you will probably
find you have to do the viewings yourself anyway as the agent may be "busy".)
You shouldn't attend your viewings anyway for how to get around
Security. Are you happy letting a perfect (or, more likely, imperfect) stranger into your home? (But simply follow our security tips for home viewings and you should be fine).
Negotiating. Haggling over the price can be stressful. Some people seem to be better than others at getting their way. Will you relish the battle or cave in too easily? (Follow our negotiating tips and learn the simple golden rules of negotiating. You'll wonder what all the fuss was about).
If your property is jointly owned, if there are sitting tenants or if there are any other legal complications take advice before deciding to sell yourself.
OK, assuming you’ve decided to go ahead and sell your own home, the first step is valuing your property ie to see what price you should set.
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