ith 70% of potential any sales commission.
home buyers looking
online to find property You Don't Need an Estate Agent to
and with estate agents charging Value Your Property
up to 4% in sales commissions,
more and more people are starting Valuations carried out by estate
to consider selling their agents are not recognised by
property privately. insurance companies as a basis
for building insurance rates.
In this article we'll examine why This is because all estate agents
you should think about selling rely on when they make valuations
your property yourself rather is experience based on what
than using an estate agent to do similar properties in the area
it for you. have been sold for.
Estate Agents Charge Hefty Sales Furthermore, estate agents often
Commissions value properties at a lower
amount than they are actually
Estate agents usually charge a worth so that they can close the
sales commission of between 1.5% sale more easily and receive
to 4%, plus VAT. their sales commission sooner.
Instead of using an estate agent
This means that on a "£150,000 to value your property, you would
property where the sales be better of using a qualified
commission is 2.5% you would have surveyor whose valuation would be
to pay "£3,750 sales commission recognised by insurance companies
plus "£656 in VAT. and who doesn't have a vested
interest in the asking price that
If you sell your property you choose.
privately, you don't have to pay
Estate Agents are Notoriously they might try and persuade a
Disreputable vendor to accept an offer that he
or she doesn't really want to,
There have been some cases where simply to secure the commission.
estate agents have been punished
by the Office of Fair Trading for There is Another Option- Sell
conning their clients leading to your Property Privately
them losing thousands of pounds.
By advertising your property on
Estate Agents Act in Their Own private sales sites you can sell
Interests your home and save thousands of
pounds in sales commissions and
Ultimately estate agents are only the stress of managing estate
really interested in making their agents.
sales commission which means that
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
