How to market your property
Once you have decided to sell your property, you could advertise the property yourself in the local press or on the internet. However, the vast majority of sellers use an estate agent to sell their property. A local independent estate agent can be the best way to sell your property.
These are locally owned and managed and have the local knowledge and well-honed negotiation skills to determine the best way to value and sell your property. This is especially true in a difficult housing market where the experience of a reputable local estate agent can make the difference.
You will need to determine how much your property is worth. This is an important decision as it can make the difference of waiting many months to sell or failing to achieve its maximum price.
First have a look at sold prices in your area using sites such as houseprices.co.uk, and what similar properties in your area are selling for using the property portals including Globrix, Findaproperty, Prime Location, Fish4homes and Rightmove.
Then get your property valued by experienced local estate agents without obligation and it is recommended to get three valuations to get a balanced view. Consider these, and similar properties for sale locally to determine a realistic figure to market your property. It is critical to choose the right estate agent for your property.
Consider the service they offer, their fee (usually a percentage of the sale price, plus VAT), their experience in the local market and the way they intend to market your property.
Once you have chosen your estate agent, you must sign a legally binding contract which outlines the terms of the agreement. Make sure you read the contract carefully and that you understand it. Issues to consider are whether you have the right to cancel the contract and how long it will run before you can cancel. If you are unsure, get advice from your solicitor or your local Citizens Advice Bureau.
Once you have chosen an agent they will arrange for potential purchasers to view your home.
Click here to proceed to: dealing with viewings
