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Berkshire-Property.com
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| Its
Official - Private Sales are faster than through Agents!
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Reuters
reports that a recent survey conducted by Alliance & Leicester
has found that private home-sellers using websites to
market their properties have sold their homes in an average
of less than two months while those using the more conventional
estate agency route were taking over three months.
8% of the 2,384 people interviewed said they had used
Private Property Sales sites. (This is up from the commonly
accepted figure of 5% last year.) A similar proportion
had simply used word-of-mouth. Of the rest, 5% had advertised
in a local paper, 4% had made their own “for sale” board
and 1% had even used auction sites like eBay.
A spokesperson for A&L said “Using an Estate Agent to
sell your home is generally viewed as part and parcel
of the moving process, but the research suggests that
DIY methods , such as using the Internet to sell a home
are becoming more popular.” (FSBO)
So, you not only save money, you also sell faster privately.
Not a bad combination! |
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| Sell
or Rent it Yourself! |
| First
off, lets make a few things perfectly clear about selling property
privately: |
1.
Yes it can be done!
2. It is not terribly difficult!
3. Using an Estate Agent wont guarantee you'll sell your house
for more!
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| A
lot of people feel strongly that traditional Estate Agents don't
deserve the fees they charge - Rightly so! Property prices have
risen dramatically over the last decade. As fees are based on
the percentage of your property's value, Estate Agents have
been making a killing (over £4 billion last year). Are they
working any harder for their money? Are they providing you with
a better service? |
| Its a Growing Trend! |
| Did you know a recent survey conducted
by Alliance & Leicester found that private home-sellers using
websites to market their properties have sold their homes in
an average of less than two months while those using the more
conventional estate agency route were taking over three months!
So, its official, selling though private sites, like Berkshire-Property.com
is FASTER than selling though an estate agent! |
| As
many people have realised, to sell property privately all you
need are: |
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1. Common Sense
2. Decent organisational Skills
3. The desire to save a considerable sum of money |
| Figures from the Office of Fair Trading
show that 1 in 10 homeowners now attempt to sell property privately.
The OFT interviewed a sample of these private sellers and their
findings were dramatic: 91% reported the whole
process ran extremely smoothly. Most said they would do
it again. |
| Compare that to the findings of a recent
Which?
report that stated: 50% of sellers who used Estate Agents were
dissatisfied with the service they recieved. |
| There is even a recent study by the 'Interactive
in Media Retail Group', IMRG (the global e-retailing industry
body) looking at the rise in popularity of selling a house privately.
They forecast that by 2010 700,000 of all homes sold in the
UK each year will be without the help of a traditional Estate
Agent. |
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