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A Guide on how to Sell Your House Privately

If you’ve ever sold a property before you may have first-hand experience of how stressful selling a property can be, so if you are considering selling a property privately it will be beneficial to consider the following aspects before commencing with a private house sale.

  • Current Housing Market Conditions

What are the current housing market conditions? If the housing market is buoyant then you may be able to sell a property with limited advertising.

  • Complicated property issues

Does your property have any issues such as complications with the properties Title Deeds or leasehold arrangements? If so, make sure you have a conveyancer who has experience with these complex situations.

  • Have you already located a buyer?

If you already have a potential buyer lined up, then this would be an ideal situation to progress with a private house sale and benefit from the cost-saving related to selling your property without an estate agent.

  • Available Time

Selling a property privately can be very time consuming if you have not already found a buyer. You will need to be prepared to spend lots of time advertising your property, arranging, and conducting viewings.

What is a private house sale?

Selling your home, yourself without the help of an estate agent is called a private house sale. By taking on this responsibility, you’re responsible for everything from obtaining an energy performance certificate, advertising the property, conducting viewings, negotiating with potential buyers, and finding a solicitor or conveyancer. The majority of people go down this route when they want to avoid commission fees, in this guide we will explain everything you need to know when selling a home privately from the steps involved in selling a home to the pros and cons involved with a private house sale.

A step-by-step guide to selling your property privately

You have the potential to save money by selling your property privately, however, be warned you’ll spend a lot of time managing the sale process. From setting up advertisements to talking with potential buyers and arranging viewings, usually estate agents do this work in the sale process. Taking on the responsibility for your property sale won’t be easy, it’ll consist of lots of hard work and dedication. However, if you know the processes involved and you’re willing to do the work then managing your home sale is achievable and could prove financially beneficial too. we’ve created a step-by-step guide to assist you on your journey to sell a house privately.

Step 1: Get your home sale-ready

Nobody enjoys having to endure countless house viewings, night after night, week after week. One sure way to speed up the sale process is to make sure your house is looking its best. Because when it comes to house viewings, first impressions are everything. here are a few things you can do to make your property more attractive to potential buyers:

Exterior Improvements

Because first impressions are the most important factor when trying to sell your property, if a house looks tired and unkempt you might struggle to gain interest in the property. Getting people through the door is the most important aspect when selling a home, here are a few ideas that could change the appearance of any tired-looking exterior:

o             Replacing or painting windows

o             Painting or replacing the garage door

o             Repointing brickwork

o             Replacing the front door

o             Fresh painted exterior

o             Well-groomed lawn

o             Include some well-placed plants

o             Consider some exterior lighting

o             Move wheelie bins out of sight

o             Replace/add a house sign number

Interior Improvements

Giving your house a fresh coat of paint in neutral colours and undertaking some general maintenance repairs, can both be completed at a relatively low cost compared to the potential benefit this could offer, in making your home both easier and quicker to sell. Although these small jobs will may not directly affect the property value, they will certainly have a big impact on its kerb appeal. Here is a list of simple repairs that you should consider rectifying:

o             Ripped wallpaper

o             Peeling / tired paint

o             Broken light bulbs or light fittings

o             Squeaking doors, floors and stairs

o             Update flooring finishes with new carpets, laminate, vinyl or timber flooring

o             Remove bad smells or odours

o             Replace tired curtains and blinds

o             Undertake a deep clean on the property

o             De-clutter the property, minimising and furniture and personal objects

When it comes to staging a property for potential buyers there is nothing more off-putting than a house that smells bad, remember not to cook any strong odour foods right before a house viewing. Also, the cleaner the property the better, take your time to ensure the property has been thoroughly cleaned and de-cluttered, if you don’t undertake these simple but effective tips you might struggle to sell a house fast as is. 

Step 2: Decide on an asking price for your property

When it comes to selling a property without an estate agent, setting a realistic asking price may seem overwhelmingly difficult, however, don’t be alarmed as it can be a relatively simple task. Although you don’t want to use an estate agent to manage the sale process why not consider using an estate agent to value your property, most estate agents will offer you a free valuation. Obtain two or three valuations to give you a good idea. if you would like to undertake the valuation process yourself this can be done by doing some research online using websites such as Rightmove and Zoopla to research what similar properties are selling for in your local area. Also, don’t forget to study the previous house sales as this will give you a good indication of what similar properties sold for. You can also get a good indication of the current market value of your property by Zoopla on the following link: https://www.zoopla.co.uk/home-values/

This may not always be 100% correct, however, it can usually give you a good indication if there’s been a few recent house sales on your street or local area.

Here are some factors to consider when calculating your asking price:

  • Property Type
  • Number of bedrooms
  • Plot size
  • Property Condition
  • Parking spaces available
  • Location and proximity to amenities

Step 3: Obtain an Energy performance certificate (EPC)

When selling a property, you must provide an energy performance certificate (EPC), to potential buyers. The information in this certificate will tell potential purchasers what the energy efficiency level is for your property using A to G ratings, with A being the most efficient and G being the least efficient. The report is produced by an accredited domestic assessor.

It’s a legal requirement that a property has an EPC in place before advertising, this document also needs to be visible on the property advertisement. if the property has already had an EPC assessment carried out within the last 10 years, then this assessment can still be used. If you advertise your property without an EPC you could face a £200 fine from Trading Standards.

An EPC will cost in the region of £45 and will take around 20 minutes for an energy assessor to survey your property, if you would like to find an assessor in your area take a look here on GOV.UK government websites list many local assessors who will be able to assist you in obtaining an EPC.

Step 4: Advertise your property

If you’ve made it this far, you’re halfway there. Although before you can start showing off your freshly painted house to potential buyers, you must ensure you advertise the property to its best potential. This can be achieved by completing the following task:

 

  1. Write a description

It’s important to spend some time writing a description for your property that will help to entice buyers through your door. Get some tips from other property descriptions from properties advertised in your local area on Zoopla or Rightmove. Keep your description informative and concise mentioning any key selling point such as designer ovens and appliances. Don’t get carried away going into too much detail as the most important aspect of a property advertisement is the photographs.

  1. Take Great Photos

There is nothing worse than bad quality photographs of a property, if you are serious about selling your home make sure you have the best photographs you possibly can. Because this is what will entice all those potential buyers through the door. We would strongly recommend hiring a professional photographer to take the pictures and create a floor plan for your property. Although this will cost you a few hundred pounds, you are likely to generate lots more interest with high-quality photographs.

  1. Start Advertising

According to some research, Savills undertook in 2020 around 50% of home movers moved within a three-mile radius. Taking this into account it’ll be important to consider creating a leaflet for your property for the nearby streets, use community notice boards to advertise the property and you could even list the property in your local newspaper. Put up a “For Sale” sign outside the property, these can be purchased online for a few pounds. Although some of these methods might seem outdated, they can be very effective.

To maximise the reach of your property consider using social media to advertise your property.

One important thing to consider generally when someone is looking for properties to buy, they usually start their search online. The two main property websites in the UK are Rightmove and Zoopla, but unfortunately, neither of them allow private sellers to list their properties directly. One way around this would be to use an online estate agent who can arrange for your home to be advertised on these websites for free or for a small fee in some instances. Some examples of online agents who offer this service are as follows:

  1. Strike
  2. doorstep
  3. 99 Home
  4. I Am the Agent
  5. VISUM
  6. Esale
  7. Yopa

For a full in-depth review of these online estate agents listed above, take a read of an interesting article from the Landlord Blog.

Step 5: Conduct the perfect house viewing

  • Prepare your Home

It is really important to prepare your home for viewings and show your property to the best of its potential, the aim is to make people feel like they can imagine themselves living there. make sure that the property has been thoroughly cleaned and any clutter has been removed. Open all the curtains and turn on all the lights and ensure there are no nasty food odours. If you have any pets or children, it might be worth asking a family member if they can look after them for a short while.

  • Show them around or not that’s the question?

Every person is different and will have a different perspective on this, however, with our experience on viewing lots of properties in the past, our view it’s probably best to let the viewers have a look on their own without you lingering. However, some viewers might want you to show them around, so you could ask the viewer on entry if they would like to help themselves or would they like to be shown around. If the viewer would like you to show them around, ensure you plan your route and highlight all the key selling points about the property.

  • Plan the viewings

Nobody wants to spend all their time staging a home ready for viewers day after day, try to organise your viewings so they occur on the same day with 30 minutes between each viewing if possible. When undertaking viewings remember to be friendly, professional and always be positive about the property. Try not to rush the viewers and at the end of the viewing always ask if they have any questions they would like to ask.

Step 6: Negotiate a sale price

Sometimes estate agents can earn their fee when negotiating for a higher sale price with a potential buyer, selling your house privately means you’ll be doing all the negotiating with potential buyers.

However, if you remember these tips, you’ll be ready for the challenge. You’ve already done your homework for the sale price of your property so you should have a good indication of what the minimum figure is, that you’re willing to accept, to sell the property.

Once you have decided on a figure ensure you stick to that price when negotiating, if any buyers fall short of that figure ensure you politely turn them down, as they could easily increase their initial offer.

If you have multiple parties interested in putting in offers on the property, it might be worth telling the potential buyers to submit their full and final offer before a set date and time. Alternatively, you could ask them to submit sealed bids before a deadline too.

Step 7: Accepting an Offer

Finally, you have received an offer that you’re happy to accept. Before accepting an offer ensure the buyer has been validated to confirm they can purchase the property, if they are using a mortgage broker, the broker can usually confirm that the buyer can afford the property.

Alternatively, if they are purchasing with cash, you can ask to see proof of funds. When you accept an offer, this should initially be done verbally then follow up with a confirmation letter or email, nothing Is legally binding until contracts have been exchanged.

Step 8: Instruct a solicitor or a conveyancer

Now you have accepted an offer, you will need to instruct either a solicitor or a conveyancer to undertake the conveyancing required to complete the sale of the property. Likewise, your buyer will instruct their representative to complete the conveyancing aspect on their behalf.

The conveyancing aspect could easily take in the region of 12 weeks to complete, that’s without taking into consideration any complications that could delay the process.

How will a solicitor or a conveyancer help you when selling a property?

They will:

  • Represent you in dealings with the buyer or buyer’s representatives.
  • Help you complete all legal documentation.
  • Review the contract of sale and ensure the property meets council standards.
  • Arrange finances, payments of deposits, and stamp duties.

Steps in the conveyancing process:

It is important to note that the conveyancing procedures and practices differ across the country. That said, the general process is largely unchanged and can be divided into three main stages:

–              Initial Agreement

–              Exchange of Contracts

–              Completion

For further information on the conveyancing processes, the costs involved and how to find the right conveyancer or solicitor please read our article on All You Need To Know About Conveyancing.

What are my alternatives other than using an estate agent?

By reading this article hopefully, you will have a good understanding of how you can sell property privately, although the process might still seem a little daunting or too time-consuming for some. Don’t despair there are other options available to you as follows:

Online or hybrid estate agents:

As indicated under step 3, there are online estate agents that can sell your property on your behalf for a much lower rate than a traditional estate agent. You could generally save more than 50% compared to a traditional estate agent. However, ensure you read all the reviews along with the terms and conditions associated with the service, so you clearly understand what they are providing for the fee they are charging.

We Buy Any House Companies

If you don’t want to manage the house sale process or involve an estate agent, then perhaps a reputable We Buy Any House company similar to Sell My Home Now might be able to purchase your property for you.

Some companies offer a stress-free solution to selling property, by purchasing a property in its current condition and completing a purchase in a matter of days or a flexible timeframe to suit you. Expect to receive in the region of 85% of the market value.


Would you like to know more about We Buy Any House Companies or if you would like a free quotation, give one of our friendly team members a call today on 0800 644 54311 or request a free online quotation here.

 

If you would like to sign up to our newsletter please enter your email below

A Guide on how to Sell Your House Privately

If you’ve ever sold a property before you may have first-hand experience of how stressful selling a property can be, so if you are considering selling a property privately it will be beneficial to consider the following aspects before commencing with a private house sale.

  • Current Housing Market Conditions

What are the current housing market conditions? If the housing market is buoyant then you may be able to sell a property with limited advertising.

  • Complicated property issues

Does your property have any issues such as complications with the properties Title Deeds or leasehold arrangements? If so, make sure you have a conveyancer who has experience with these complex situations.

  • Have you already located a buyer?

If you already have a potential buyer lined up, then this would be an ideal situation to progress with a private house sale and benefit from the cost-saving related to selling your property without an estate agent.

  • Available Time

Selling a property privately can be very time consuming if you have not already found a buyer. You will need to be prepared to spend lots of time advertising your property, arranging, and conducting viewings.

What is a private house sale?

Selling your home, yourself without the help of an estate agent is called a private house sale. By taking on this responsibility, you’re responsible for everything from obtaining an energy performance certificate, advertising the property, conducting viewings, negotiating with potential buyers, and finding a solicitor or conveyancer. The majority of people go down this route when they want to avoid commission fees, in this guide we will explain everything you need to know when selling a home privately from the steps involved in selling a home to the pros and cons involved with a private house sale.

A step-by-step guide to selling your property privately

You have the potential to save money by selling your property privately, however, be warned you’ll spend a lot of time managing the sale process. From setting up advertisements to talking with potential buyers and arranging viewings, usually estate agents do this work in the sale process. Taking on the responsibility for your property sale won’t be easy, it’ll consist of lots of hard work and dedication. However, if you know the processes involved and you’re willing to do the work then managing your home sale is achievable and could prove financially beneficial too. we’ve created a step-by-step guide to assist you on your journey to sell a house privately.

Step 1: Get your home sale-ready

Nobody enjoys having to endure countless house viewings, night after night, week after week. One sure way to speed up the sale process is to make sure your house is looking its best. Because when it comes to house viewings, first impressions are everything. here are a few things you can do to make your property more attractive to potential buyers:

Exterior Improvements

Because first impressions are the most important factor when trying to sell your property, if a house looks tired and unkempt you might struggle to gain interest in the property. Getting people through the door is the most important aspect when selling a home, here are a few ideas that could change the appearance of any tired-looking exterior:

o             Replacing or painting windows

o             Painting or replacing the garage door

o             Repointing brickwork

o             Replacing the front door

o             Fresh painted exterior

o             Well-groomed lawn

o             Include some well-placed plants

o             Consider some exterior lighting

o             Move wheelie bins out of sight

o             Replace/add a house sign number

Interior Improvements

Giving your house a fresh coat of paint in neutral colours and undertaking some general maintenance repairs, can both be completed at a relatively low cost compared to the potential benefit this could offer, in making your home both easier and quicker to sell. Although these small jobs will may not directly affect the property value, they will certainly have a big impact on its kerb appeal. Here is a list of simple repairs that you should consider rectifying:

o             Ripped wallpaper

o             Peeling / tired paint

o             Broken light bulbs or light fittings

o             Squeaking doors, floors and stairs

o             Update flooring finishes with new carpets, laminate, vinyl or timber flooring

o             Remove bad smells or odours

o             Replace tired curtains and blinds

o             Undertake a deep clean on the property

o             De-clutter the property, minimising and furniture and personal objects

When it comes to staging a property for potential buyers there is nothing more off-putting than a house that smells bad, remember not to cook any strong odour foods right before a house viewing. Also, the cleaner the property the better, take your time to ensure the property has been thoroughly cleaned and de-cluttered, if you don’t undertake these simple but effective tips you might struggle to sell a house fast as is. 

Step 2: Decide on an asking price for your property

When it comes to selling a property without an estate agent, setting a realistic asking price may seem overwhelmingly difficult, however, don’t be alarmed as it can be a relatively simple task. Although you don’t want to use an estate agent to manage the sale process why not consider using an estate agent to value your property, most estate agents will offer you a free valuation. Obtain two or three valuations to give you a good idea. if you would like to undertake the valuation process yourself this can be done by doing some research online using websites such as Rightmove and Zoopla to research what similar properties are selling for in your local area. Also, don’t forget to study the previous house sales as this will give you a good indication of what similar properties sold for. You can also get a good indication of the current market value of your property by Zoopla on the following link: https://www.zoopla.co.uk/home-values/

This may not always be 100% correct, however, it can usually give you a good indication if there’s been a few recent house sales on your street or local area.

Here are some factors to consider when calculating your asking price:

  • Property Type
  • Number of bedrooms
  • Plot size
  • Property Condition
  • Parking spaces available
  • Location and proximity to amenities

Step 3: Obtain an Energy performance certificate (EPC)

When selling a property, you must provide an energy performance certificate (EPC), to potential buyers. The information in this certificate will tell potential purchasers what the energy efficiency level is for your property using A to G ratings, with A being the most efficient and G being the least efficient. The report is produced by an accredited domestic assessor.

It’s a legal requirement that a property has an EPC in place before advertising, this document also needs to be visible on the property advertisement. if the property has already had an EPC assessment carried out within the last 10 years, then this assessment can still be used. If you advertise your property without an EPC you could face a £200 fine from Trading Standards.

An EPC will cost in the region of £45 and will take around 20 minutes for an energy assessor to survey your property, if you would like to find an assessor in your area take a look here on GOV.UK government websites list many local assessors who will be able to assist you in obtaining an EPC.

Step 4: Advertise your property

If you’ve made it this far, you’re halfway there. Although before you can start showing off your freshly painted house to potential buyers, you must ensure you advertise the property to its best potential. This can be achieved by completing the following task:

 

  1. Write a description

It’s important to spend some time writing a description for your property that will help to entice buyers through your door. Get some tips from other property descriptions from properties advertised in your local area on Zoopla or Rightmove. Keep your description informative and concise mentioning any key selling point such as designer ovens and appliances. Don’t get carried away going into too much detail as the most important aspect of a property advertisement is the photographs.

  1. Take Great Photos

There is nothing worse than bad quality photographs of a property, if you are serious about selling your home make sure you have the best photographs you possibly can. Because this is what will entice all those potential buyers through the door. We would strongly recommend hiring a professional photographer to take the pictures and create a floor plan for your property. Although this will cost you a few hundred pounds, you are likely to generate lots more interest with high-quality photographs.

  1. Start Advertising

According to some research, Savills undertook in 2020 around 50% of home movers moved within a three-mile radius. Taking this into account it’ll be important to consider creating a leaflet for your property for the nearby streets, use community notice boards to advertise the property and you could even list the property in your local newspaper. Put up a “For Sale” sign outside the property, these can be purchased online for a few pounds. Although some of these methods might seem outdated, they can be very effective.

To maximise the reach of your property consider using social media to advertise your property.

One important thing to consider generally when someone is looking for properties to buy, they usually start their search online. The two main property websites in the UK are Rightmove and Zoopla, but unfortunately, neither of them allow private sellers to list their properties directly. One way around this would be to use an online estate agent who can arrange for your home to be advertised on these websites for free or for a small fee in some instances. Some examples of online agents who offer this service are as follows:

  1. Strike
  2. doorstep
  3. 99 Home
  4. I Am the Agent
  5. VISUM
  6. Esale
  7. Yopa

For a full in-depth review of these online estate agents listed above, take a read of an interesting article from the Landlord Blog.

Step 5: Conduct the perfect house viewing

  • Prepare your Home

It is really important to prepare your home for viewings and show your property to the best of its potential, the aim is to make people feel like they can imagine themselves living there. make sure that the property has been thoroughly cleaned and any clutter has been removed. Open all the curtains and turn on all the lights and ensure there are no nasty food odours. If you have any pets or children, it might be worth asking a family member if they can look after them for a short while.

  • Show them around or not that’s the question?

Every person is different and will have a different perspective on this, however, with our experience on viewing lots of properties in the past, our view it’s probably best to let the viewers have a look on their own without you lingering. However, some viewers might want you to show them around, so you could ask the viewer on entry if they would like to help themselves or would they like to be shown around. If the viewer would like you to show them around, ensure you plan your route and highlight all the key selling points about the property.

  • Plan the viewings

Nobody wants to spend all their time staging a home ready for viewers day after day, try to organise your viewings so they occur on the same day with 30 minutes between each viewing if possible. When undertaking viewings remember to be friendly, professional and always be positive about the property. Try not to rush the viewers and at the end of the viewing always ask if they have any questions they would like to ask.

Step 6: Negotiate a sale price

Sometimes estate agents can earn their fee when negotiating for a higher sale price with a potential buyer, selling your house privately means you’ll be doing all the negotiating with potential buyers.

However, if you remember these tips, you’ll be ready for the challenge. You’ve already done your homework for the sale price of your property so you should have a good indication of what the minimum figure is, that you’re willing to accept, to sell the property.

Once you have decided on a figure ensure you stick to that price when negotiating, if any buyers fall short of that figure ensure you politely turn them down, as they could easily increase their initial offer.

If you have multiple parties interested in putting in offers on the property, it might be worth telling the potential buyers to submit their full and final offer before a set date and time. Alternatively, you could ask them to submit sealed bids before a deadline too.

Step 7: Accepting an Offer

Finally, you have received an offer that you’re happy to accept. Before accepting an offer ensure the buyer has been validated to confirm they can purchase the property, if they are using a mortgage broker, the broker can usually confirm that the buyer can afford the property.

Alternatively, if they are purchasing with cash, you can ask to see proof of funds. When you accept an offer, this should initially be done verbally then follow up with a confirmation letter or email, nothing Is legally binding until contracts have been exchanged.

Step 8: Instruct a solicitor or a conveyancer

Now you have accepted an offer, you will need to instruct either a solicitor or a conveyancer to undertake the conveyancing required to complete the sale of the property. Likewise, your buyer will instruct their representative to complete the conveyancing aspect on their behalf.

The conveyancing aspect could easily take in the region of 12 weeks to complete, that’s without taking into consideration any complications that could delay the process.

How will a solicitor or a conveyancer help you when selling a property?

They will:

  • Represent you in dealings with the buyer or buyer’s representatives.
  • Help you complete all legal documentation.
  • Review the contract of sale and ensure the property meets council standards.
  • Arrange finances, payments of deposits, and stamp duties.

Steps in the conveyancing process:

It is important to note that the conveyancing procedures and practices differ across the country. That said, the general process is largely unchanged and can be divided into three main stages:

–              Initial Agreement

–              Exchange of Contracts

–              Completion

For further information on the conveyancing processes, the costs involved and how to find the right conveyancer or solicitor please read our article on All You Need To Know About Conveyancing.

What are my alternatives other than using an estate agent?

By reading this article hopefully, you will have a good understanding of how you can sell property privately, although the process might still seem a little daunting or too time-consuming for some. Don’t despair there are other options available to you as follows:

Online or hybrid estate agents:

As indicated under step 3, there are online estate agents that can sell your property on your behalf for a much lower rate than a traditional estate agent. You could generally save more than 50% compared to a traditional estate agent. However, ensure you read all the reviews along with the terms and conditions associated with the service, so you clearly understand what they are providing for the fee they are charging.

We Buy Any House Companies

If you don’t want to manage the house sale process or involve an estate agent, then perhaps a reputable We Buy Any House company similar to Sell My Home Now might be able to purchase your property for you.

Some companies offer a stress-free solution to selling property, by purchasing a property in its current condition and completing a purchase in a matter of days or a flexible timeframe to suit you. Expect to receive in the region of 85% of the market value.


Would you like to know more about We Buy Any House Companies or if you would like a free quotation, give one of our friendly team members a call today on 0800 644 54311 or request a free online quotation here.

 

If you would like to sign up to our newsletter please enter your email below

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