"We
sold within 4 months for £11,500 more than the estate agent's
valuation!"
Roger Traves from Bournemouth told us about his move
following his retirement.
“When
I retired I didn't need my work residence any more so I decided
to move back to my family home in Bournemouth.
I
decided to sell privately because I had plenty of time on my
hands and of course I could save some money doing it myself. I
had no reservations other than finding out what were the best
methods to advertise and getting a little bit of advice.
After
doing some investigation I found some good
reports for HouseWeb in the national newspapers and in
Which? magazine. I visited the website and phoned their office
to confirm some questions then I decided to register on the net.
We
sold within 4 months for £11,500 more than the estate agent’s
valuation. From my experience Estate Agents want a quick turn
over so they tend to under value some properties rather give a
true market price.
I
could have sold it earlier as I initially put the house up for
sale on an informal tender basis where sealed bids had to be
submitted to my solicitor before a deadline. This was a failure
and cost me 5 to 6 weeks. I then put the house back on the
market with an asking price or nearest offer. I had far more
enquiries and an offer within 3 weeks.
Once
I got my advert sorted I found the whole experience interesting
and enjoyable. I had full control over the process and felt I
was always up to date. The main benefit is not to have a third
party involved.
My
recommendation would be to only use an estate agent if you are
super rich. If you are not, then I would recommend that you
spend a little of your own time to take control of your own
assets and save more cash that you can earn in the same time.
After advertising and other costs I probably saved in excess of
£3,500.
It’s
important that you do your homework before you commit your house
to the market. It is essential to follow a clearly
constructed path of events from beginning to end. HouseWeb
provides very useful information to achieve this on their
website.”
More Case Studies
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