Best way to sell my house, by yourself, privately in Norwich
Your Norwich Home is most likely going to be your largest asset. This is the case for the majority of people. Therefore a careful and considered approach should be used when it comes to selling your property.
Agency fees of 2% here, solicitor fees there, all these fees and costs add up and slowly chip away at your capital and before you know it, you’ve spent nearly £10,000 to have the property on the market, sold and documents signed.
This leads a lot of people down the path of selling privately. So Why sell privately? What are the benefits?
Well, as mentioned above it can save considerable amounts of money because of no/less fees. This is normally the first reason at the top of people’s list. Other reasons can be that you already know of someone, through family or friends, that would be interested in the property, therefore there would be no need to go to a high street agency or online estate agency. Sometimes it’s the case that you’d like to personally vet the people whom are potentially buying the property.
So how would you sell your Norwich house by yourself?
- The first thing to do is to find out the value of the property. If you don’t know how much the property is worth then you’ll have a difficult time advertising it. Check out similar properties in your local area that have recently sold and try to make a comparison. Websites like Zoopla can aid with this and help you find a figure. Alternatively, speak to a local agent and have a valuation completed.
- Once you have valued the property, you need to set a realistic asking price, this will be based on how quickly you’d like to sell, whether the property condition is great or in need of small refurbishment and also where you property is located. Is it in a nice area that’s recently had a rejuvenation with new shops and restaurants, or is there a good school nearby that will entice parents. All of these things will need to be taken into consideration in order so set a competitive price for the property.
- Now you’ll need to decide how you’re going to sell your property. Are you going to sell through an agent? They have good market knowledge, it’s hassle-free, they’re likely to have buyers already but you’ll have to pay a fee of around 2% upon completion. Or perhaps you’d like to sell privately, whereby you advertise online and locally with a ‘For Sale’ board, you would have to conduct viewings yourself but you have good local knowledge of the area and your neighbours. Lastly, you could sell direct to ZebraBuyer, with us there’s no fees, no legal costs and we are a guaranteed buyer.