“We sold for £70k more than one of the agent valuation and saved £7,000
Lucy Pedler told us how she went about selling her rental investment.
needed to sell this property in London because we no longer lived in it. It was rented out, but it had become too hard to
manage the tenants as we were now living outside London.
was the first time we had sold privately but we had no
reservations - it seemed like an obvious solution to paying
estate agents money for old rope. Once we’d decided to go it
alone, we did some research on the Internet and the information
on HouseWeb’s site was very clear and understandable, so we
decided to sign up for their services.
As we weren’t living in the house, we had to think
about how we were going to conduct the viewings. Fortunately,
our tenants have been great and so we decided to pay them to
show prospective buyers around. So although we did have an
initial outlay, it was more than compensated for by the £7K we
saved by selling it privately.
The whole process was much less stressful than using an
agent, as we weren’t relying on agents ‘untruths’ about
the progress of the sale. Also at the time we had two
valuations, one at £650,000 and one at £710,000 and we sold
for £720,000, so that was a bit of a result!
I would recommend anyone selling property to try
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