DIY house selling

Discussion in 'UK DIY' started by Autolycus, Jul 13, 2004.

  1. Autolycus

    Autolycus Guest

    I'm about to sell a bungalow near Derby, and want to try advertising it
    myself. Google turns up many web sites, some free, some charging up to
    150 quid or so. The more expensive ones claim they get your house onto
    other sites such as assertahome, fish4homes, and so on - but I've not
    found one that claims to put it on rightmove, who all our local agents
    use.

    Any advice, please, on the relative merits of these sites, experiences,
    dire warnings, other ideas?
     
    Autolycus, Jul 13, 2004
    #1
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  2. Only agents can use Rightmove, which is probably the most popular sight.

    Doing it yourself you might get lucky, but only have yourself to blame
    when the usual things dont go right, and no-one with experience to help
    you through the various problems and negotiations.
     
    Richard Faulkner, Jul 13, 2004
    #2
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  3. Autolycus

    G&M Guest


    Try your local Loot first. Reaches people in your area far better.
     
    G&M, Jul 13, 2004
    #3
  4. Autolycus

    Anna Kettle Guest

    Any advice, please, on the relative merits of these sites, experiences,
    Or the local weekly paper. Much better than internet where there are
    far too many sites with very few interesting houses on them :)

    Anna

    ~~ Anna Kettle, Suffolk, England
    |""""| ~ Plaster conservation and lime plaster repair
    / ^^ \ // Freehand modelling in lime: overmantels, pargeting etc
    |____| www.kettlenet.co.uk 01359 230642
     
    Anna Kettle, Jul 13, 2004
    #4
  5. Autolycus

    G&M Guest

    Some places you can get a good deal by going in both.
     
    G&M, Jul 13, 2004
    #5
  6. Autolycus

    AK Guest

    If you live in a desirable area that is within an hour and a half of
    London (door to station) then market your house in the London evening
    standard. A friend of mine sold a house on Eastbourne marina within
    a week. It's not cheap ( acouple of hundred but he did use a photo)
    but an estate agent would have cost him £7,000 !!
     
    AK, Jul 13, 2004
    #6
  7. I have not sold my house yet, despite changing agents three weeks ago.
    I am, however, getting more viewings through the new agent, and the
    type of viewer is more applicable to the style and price of the
    property. Note that the market has cooled considerably in some parts
    of the country, following the recent spate of negative reports in the
    media about an impending crash.

    But I have also placed printed postcards in newsagents' windows, not,
    I hasten to add, to try and cheat the agent out of his fee (since the
    card plainly states that it is not a private sale), but to get every
    possible chance of making my property known to as wide a section of
    the public as possible. I also have made use of a free web site to
    publicise my property.

    However, despite cards being in newsagents' windows for weeks, I have
    had exactly two enquiries, neither of which led to a viewing. Since
    it's only a few pounds spent, there's no harm done, but I think you
    need to use much bigger guns if you want to stand a chance of selling
    your property on your own. Also, the web site has not produced one
    single enquiry so far!

    I think far more drastic measures would be called for, such as
    leafletting households (but which areas to choose?), putting leaflets
    on cars in superstore car parks, adverts in papers, and so on. I did
    discover only a day or two ago that Tesco don't charge for placing a
    card in their customer advertising boards and you can imagine how many
    hundreds of eyes peruse those in a week! (I popped down to two local
    Tesco stores sharpish!)

    Maybe others know of other free outlets for cards, hint, hint! I did
    wonder whether it would be cost effective to mail many local
    companies, enclosing a card, with a polite request to place the card
    on their employee notice board. If the letters were addressed to Human
    Resources (aka Personnel) departments there'd be less likelihood of
    the cards just ending up in the bin. Obviously many would, as company
    policy would prohibit such use of their private facilities, but if you
    pointed out that it may be in their interests to have their employees
    move closer to work, or attract new staff, there could be a hit rate
    as high as 50%. So if you mailed a hundred letters second class, it
    would cost £21 for theoretically unlimited advertising on the notice
    boards in 50 companies.

    In any case, when my agent finally does find me a buyer, I won't mind
    paying the fee. It's a very small amount compared to the total chunk
    of cash I'll be getting!

    Finally, when doing it entirely on your own, you do run the risk of
    inviting some dubious characters into your house.

    MM
     
    Mike Mitchell, Jul 14, 2004
    #7
  8. Autolycus

    usenet Guest

    We, and a number of other people we know, often buy houses on the basis of
    'For Sale' signs outside the house. There's a very good reason for this,
    we often decide where we want the house to be and a quick drive around
    the area is a much quicker way to get some suitable houses to see than
    'cold' visiting estate agents. We may miss some that don't have signs
    but on the other hand we may see some being sold by agents we wouldn't
    otherwise visit (and/or some being sold privately).

    FWIW of the 5 houses we've sold over the past 30 years or so one was
    definitely sold to someone who saw the sign outside. The others I
    don't really know what attracted the buyers.

    For *letting* as opposed to buying/selling our experience with agents
    has been almost wholly negative.
     
    usenet, Jul 14, 2004
    #8
  9. When I was buying, I had signed up with all the local agents, but
    I just got bored looking through the sackload of house details
    which kept arriving. Eventually, I went and drove around the areas
    I was interested in looking for "For Sale" boards. The house I
    eventually bought was found this way. When I was chucking out the
    sackloads of house details afterwards, I had been sent details of
    that one some weeks before, but the leaflet quoted a price above
    my range so I had ignored it at the time.

    Anyway, you might want to put up a board was what I was getting
    round to saying;-)
     
    Andrew Gabriel, Jul 14, 2004
    #9
  10. To anyone who is interested, if you are willing to supply such details as
    can be found on my website under 'items For Sale' BUNGALOW and get the
    estate agents permission for me to link to them, I am willing to give you a
    page on my website FREE.
    Please, if you are interested, use the contact button on the website.
     
    troubleinstore, Jul 14, 2004
    #10
  11. Autolycus

    G&M Guest

    How much was the house worth ?!

    If you're paying more than 1.5% to an estate agent haggle and try elsewhere.
     
    G&M, Jul 14, 2004
    #11
  12. Autolycus

    Autolycus Guest

    and is grateful for the advice from all who responded.

    Richard Faulkner's advice to use an agent was unsurprising - "well he
    would, wouldn't he"

    My local Loot is Admag, which is a bit thin on property for sale above
    about ninepence, but certainly worth a try.

    The local paper has some curiously inflexible packages on offer, but
    I'll certainly try it: I could advertise every night for a year for less
    than an agent's commission (what was that joke about "how many
    insertions?)

    I'm just outside London commuterland - 10 minutes to Long Eaton station,
    then almost two hours to St Pancras.

    Mike Mitchell raises two interesting points: the agent's fee is small
    compared with the selling price, and that you might get dubious
    characters by selling directly. I don't go for logarithmic money -
    three thousand quid is the same whether its out of a 200k house sale or
    on an ice lolly. Do agents really filter their viewers that well? Even
    if they accompany, I'd as soon deal with such characters myself than let
    a 20-year old girl do so. Mine is also a slightly special case in that
    I live next door to the bungalow being sold.

    Christian's point about the overwhelming majority buying as a result of
    visiting agents was, curiously, contradicted by all four local agents
    who I got to pitch for selling the place: they all rather shot
    themselves in the foot by gushing about how many of their sales now came
    via their web sites, even sales to older buyers who I'm expecting to be
    my main target. The variation in their suggested selling price was also
    interesting: from 160k to 200k, with one of the two 200k valuers being
    the only one of the four to adduce any evidence, in the form of property
    details for similar houses they'd sold recently. Christian's
    correlation between cheapskate and dubious ethical values was
    interesting, but I would argue that it is at best only a very loose one.
    I'm a cheapskate, but a very honest one, and one of my reasons for
    avoiding agents is their often breathtaking disregard for truth (ime, of
    course).

    I'll certainly go for a "For Sale" board, and may even (shock, horror)
    ohl one. I think I'll also splash the hundred quid to get it on
    assertahome, fish4homes, and homesandproperty, and, if I can find the
    site again that offers it, rightmove.

    Then I'll do my own conveyancing again.... (ducks, runs for cover)
     
    Autolycus, Jul 15, 2004
    #12
  13. Autolycus

    RichardS Guest

    I think he's a reformed character now - an ex-agent :)

    One thing to bear in mind is that if you're advertising or producing any
    literature for the house at all then you _may_ very well be bound by a lot
    of the provisions of the Estate Agent's Act (I think it's called that -
    IANAL, quite evidently!), notwithstanding the fact that this is a DIY sale
    and not using an agent.

    You would do well to read up on this, and seek advice if necessary.
     
    RichardS, Jul 15, 2004
    #13
  14. Autolycus

    RichardS Guest

    scrub that - it doesn't seem that the act applies because you are not
    engaging in business as an Estate Agent.

    The act that I was thinking of is the "The Property Misdescriptions Act
    1991"
     
    RichardS, Jul 15, 2004
    #14
  15. FYI I have sold my agency and do not have a vested interest.

    However, if I was selling a property, I would use an agent. In fact, not
    so long ago, I sold my home which was not on my patch, and used an
    agent.
     
    Richard Faulkner, Jul 15, 2004
    #15
  16. Autolycus

    MBQ Guest

    So what's with http://www.estate.demon.co.uk/ ? Looks like an estate
    agency to me, complete with mug shot (as of 3:45pm GMT 15/07/04).

    MBQ
     
    MBQ, Jul 15, 2004
    #16
  17. I'm so relaxed in early retirement that I forgot all about it.

    The new owners now use rightmove.co.uk

    Phone them - I dont work there anymore!
     
    Richard Faulkner, Jul 16, 2004
    #17
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