Guide to Selling Your Own Home Going into 2015

Blog entry by Katies_DIY_Blog posted 06-19-2015 02:44 PM 22038 reads 0 times favorited 13 comments Add to Favorites Watch

Many people assume that using an agent is necessary to sell one’s home, especially in the current housing market. However, this is not the case. Selling your own home without an agent can be more complicated, but it is possible if you follow certain steps.

Why Sell Without an Agent?

While an agent handles a great deal of the home selling footwork for you, there is one good reason to sell without one: finances. An estate agent will charge a fee, usually a percentage of the home’s price, once the home is sold. Many people decide to save this money by selling their own home.

Preparing Your House for Sale

The first step to selling your own home is to prepare for the market. Declutter and move extra belongings and furniture to storage. A tidy and uncluttered home looks larger and more pleasing to buyers.

Repairs that need doing

Second, make any necessary repairs. Focus on inexpensive repairs that will increase the home’s visual appeal: painting the interior, planting flowers in the garden, etc. Ask a friend to honestly assess your home’s appeal. In addition, home sellers must provide an Energy Performance Certificate that tells potential buyers about the home’s energy usage and costs. Here is a guide to preparing your home for sale from Clydesdale Bank that covers this subject in more depth.

Focus on Marketing

The next step is to get the word out about your home. There are many ways to do this: social media, advertisements in newspapers, and more. Many people choose to use a business such as The House Shop, which specializes in marketing homes and estates. Nick Marr of The House Shop says, “Our direct sales service is an effective and recognised alternative. We aim to help home owners by allowing them to take more control while at the same time saving them money.” Because marketing is one of the most important aspects of selling a home, many home sellers choose to let an expert handle this.

Accepting an Offer

Once you have an offer and have decided to accept it, you must draw up legal paperwork including a contract that transfers ownership. There are many templates for this that can be found on the internet; alternately, many sellers decide to let an attorney handle this step. Once the contracts are exchanged, the house has officially been sold. If the property was sold for certain amounts, a Stamp Duty Land Tax will need to be paid.

Selling one’s own home is a cheaper alternative to using an estate agent, even if the home owner decides to use a company such as The Little House Company and an attorney. Many people find that the small amount of time involved in selling one’s own home is worth the savings.

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13 comments so far

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2 posts in 1275 days

posted 06-22-2015 02:03 PM

I also prefer to sell my home without using the services of a sales agent. Some of them get way to greedy. I prefer to wait a little longer, but save the commission or fee. Here’s a useful article about UK home salesman commissions and fees: http://hoa.org.uk/advice/guides-for-homeowners/i-am-selling/how-much-should-i-pay-the-estate-agent/

Clean spaces create happy faces!

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3 posts in 1271 days

posted 06-27-2015 09:37 AM

In France we have now a lot of website tha twe can use to sell all hings or just exchange some goods. I prefer to work in my own than to to give money to some one to do it for me in general. But thank you for this article ! It can be usefull

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1 post in 1259 days

posted 07-08-2015 07:36 AM

Great guide! I also want to sell my house without using services of sales agents. So this guide will help me a lot!

-- Lucy Stone, London, http://www.carpetcleaning-clapham.co.uk/

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4 posts in 1267 days

posted 07-20-2015 11:51 AM

Thanks for the guide. I also have a home for sale in stockport.

-- http://www.carpetcleaningsouthkensington.co.uk/carpet-dry-cleaning/

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posted 11-19-2015 12:27 PM

This is a great guide on how to sell your home.
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