How to sell privately
Private House Sales | How To Sell Your Home Privately (UK)
0:00 / 0:00
Timecodes:
[Music]
hi and thanks for joining me
probably latest in our top property tips
do you remember to subscribe to the
channel and stay up to date with more of
my advice and guidance now if you're
selling your home do you really need an
estate agent or could you perhaps sell
it privately and save yourself a packet
there's lots to consider estate agents
charge fees now whether that's a high
street agent or online there is an added
cost so selling privately can look
tempting but what I would say is that
given your home is your most valuable
asset you've got to consider whether
it's worth ditching the agents
experience knowledge and marketing reach
if you want to give it a go here's how
first start by setting a realistic price
see what similar properties in your area
have sold for and use one of my property
reports to help you do this if you're
going to ask estate agents to give up
their time and give you a valuation then
it's only fair that you explain that you
are actually considering selling
privately you never know if they come
round you may decide that their local
expertise is actually worth the fee if
you're going it alone you're going to
need to market the property next you can
try local newspaper advertising you can
try community notice boards social media
tell everybody word-of-mouth is free
believe me many a private deal starts at
the school gates advertising rules mean
that anything you say about your home
has got to be accurate it doesn't mean
that you can't show your property in the
best light but it does mean you have to
be truthful get one step head and I
generally mean this by getting my
property report to give to prospective
buyers it can be a real help it's an
independent way to highlight the plus
points of your property and the area
that it sits in how safe it is often
ratings for local schools local
amenities in etc etc there's a link
below to get yours buyers also like to
see a floor plan so you might consider
getting a professional one done yourself
next preparing for viewings make your
house as clean and clutter-free as you
possibly
we can repair any small bits of damage
do your DIY paint over scuff marks I
mean it's a cliche but first impressions
really are important so make sure the
drive the front garden look appealing as
humanly possible you should also start
to prepare yourself for questions that
potential buyers might ask you like have
you had any other interest in the
property
have you had any offers have there been
any surveys what's the situation
what fixtures and fittings are included
in the price how much is the council tax
and questions into your forward plans on
why you'll move it
negotiating a property deal can be
difficult and it can often be an
emotional time as well you're very kind
of nature of the process is that the
buyer obviously going to want to pay the
minimum rent and you the seller will
want to get the maximum possible which
means both sides have got to be
realistic and flexible if they're going
to do business together once you've got
an offer that you're happy with from a
bar get them to confirm in writing along
with any other terms that you've agreed
and that letter that email that fax
whatever it is it needs to include the
price how long you will give them to
exchange when you're aiming to complete
the deal what you've agreed to include
in the sale price solicitors details
financial advisors or or mortgage
company details together with a list of
anything that they've agreed to purchase
over and above the sale price or whether
it's the white goods or the guns or the
sofas or the dining table or whatever it
is as a private seller it can be hard to
know if people are genuine buyers or not
because even got any background on them
so you need to be prepared for time
wasters you do also need to take
sensible security precautions don't put
your full address and advertising wait
until you've spoken to someone before
giving the full information and details
make sure that you have their full
contact details and information before
they visit and I think it's a good idea
to have somebody else around during
viewings now we have it there's less
lots to consider we'd love to hear from
you if you've sold a property privately
how did it work out for you
would you do it again let's hear your
story and the comments box below do
please Like us and subscribe to the
channel because there are lots more top
of property advice coming soon thanks
for watching
[Music]