The Different Ways You Can Sell Your Property

T here are two ways that you      â€¢ Handling enquiries             can sell your property. One     â€¢ Helping to negotiate the       way is to use an estate         offer price                        agent and the other is to sell                                           privately, which usually involves     However, Estate agents usually     advertising on the internet. In       charge a hefty sales commission    this article we'll look at the        of between 1.5% to 4%, plus VAT.   two options to help you decide                                           which one you'd rather take.          This means that on a "£250,000                                           property where the sales           Using an Estate Agent to Sell         commission is 2.5% you would have  Your Property                         to pay "£6,250 sales commission                                          plus "£1,094 in VAT.               Selling a property with the help                                         of an estate agent is the             The other problem with using an    traditional route. In fact it is      estate agent is that ultimately    so established that many people       they are only really interested    don't even know that there is an      in making their sales commission.  alternative.                          This means that they might try     If you use an estate agent to         and persuade you to accept an      help sell your property they will     offer that you don't really want   normally do the following things:     to, simply to secure the                                                 commission.                                                                                                 • Prepare the property              Selling Property Privately         particulars and photographs                                              • Promoting your property to        An increasing number of people     potential buyers on their lists       are starting to sell their         • Arranging viewings with           property privately to avoid        potential buyers                      having to pay agents' sales        commissions. And with 70% of          you and handling enquiries)        people searching for property to      without asking for a sales         buy online, this can make a lot       commission.                        of sense.                                                                                                      Selling property privately can     Many online private property          save you thousands of pounds and   sales sites are now offering          the stress of working with an      similar services to estate agents     estate agent.                      (such as taking photographs,                                          preparing an online advert for         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