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Guide to a Private Sale

Looking to sell your home either in 2024 or 2025, at private sale we have an option to sell your home with you having the power and the control of how you sell your home. We will be fixing our introductory price of £200 including vat till the end of January 2025.  

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Firstly not all houses are really suitable for selling privately I would advice against selling a leasehold flat outside the M25 or a house over £750k as both will need more time in order to get you sold and show your home off at its best to the majority of people. 

 

High street agent will instruct on any house as that’s what they do, at Private sale we want you to sell, but you are in control. No one can argue if you sell your house yourself you will save THOUSANDS of pounds, the average UK estate agency fee is 0.8% plus vat and the average house price in the UK is currently is £281,000 (as of April 2024) so the UK Average estate agency fee is £2697.60 inc vat. Our promotional figure till the end of Jan 2025 is £200 inc vat a saving of £2497.60

 

Follow our step by step guide to get you sold and to save you all that money if you have any questions email info@private-sale.co.uk

 

What is a private house sale?

A private house sale is a process of selling a property without an estate agent being involved. This means that you, as the seller, are responsible for marketing the property, arranging viewings, and negotiating with potential buyers.

Private house sales have become more popular in recent years as the internet has made it easier for sellers to advertise their properties to a wider audience.

 

How do I sell my house privately? A step-by-step guide to private house sales

Selling privately is similar to selling through an agent with a few key differences. 

 

  1. Firstly, you'll need to get your property ready for sale and set an asking price. 

  2. You'll also need to create high-quality LANDSACPE photos and descriptions of your property to advertise it effectively online. 

  3. Once you have generated interest from potential buyers, you'll need to arrange viewings and negotiate with the buyer directly. 

  4. Finally, once you have agreed on a price with a buyer, you'll need to instruct a solicitor to handle the legal aspects of the sale. ​

 

Before going ahead with your private house sale, it’s also important to get an estimate of the total costs involved here is a link to the cost that we feel you will incur. 

 

How to advertise a private house sale

There are many ways to advertise a private house sale, whether you choose to use property websites, social media platforms, print advertisements in your local area, or simply just word of mouth. Here are some of the options to consider:

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Social media

Platforms such as Facebook, Twitter, and Instagram can be great tools for advertising your private house sale. You can create a post with photos and details of your property and share it with your friends and followers far and wide. You can also join local buy and sell groups on Facebook, which can help you reach a wider audience. 

 

Online property sites

There are many online property sites available to help advertise your house in the UK, such as Rightmove, Zoopla, with private-sale you will be listed on both of these sites for up to 12 months or till the property sells 

Word of mouth

Don't underestimate the power of word of mouth. Tell your friends, family, and colleagues that you’re selling your property and ask them to spread the word. You never know who might be interested or who they might know who is looking to buy a property like yours. 

Print advertisements

Many local newspapers and magazines have a property section where you can advertise your property for sale. Contact your local news outlets to place your own ad today. 

For Sale sign

Place a 'For Sale' sign outside your property to attract the attention of passers-by. We can provide you with a for sale sign for you to put up at your property along with a QR code that links straight into your property details online where people can enquire, browse and book a viewing directly with you. 

Setting your asking price

Setting the right asking price is crucial to the success of your sale. You want to make sure that the price reflects the value of the property but is also competitive enough to attract potential buyers. You can use online tools and research similar properties in your area to get an idea of what the market value is. It's also important to be open to negotiation and to be willing to adjust the asking price if necessary. We will give you a valuation and an idea how likely your property is to sell privately. Always set the asking price to match the Rightmove price brackets this will expose your property to the highest number of buyers. 

 

Required documents for a private house sale

From legal contracts to sale forms and reports, there are a variety of documents you need when conducting a private house sale. The documents typically include: 

 

Energy Performance Certificate (EPC)

The Energy Performance Certificate rates the energy efficiency of your property on a scale from A to G. You'll need to have an up-to-date EPC to sell your property. We can provide one for £80 if needed but check on the link above as you may already have one. 

 

Property Title Deed

This document serves as proof that you have legal rights to the property and have the authority to transfer ownership. You'll need to supply a copy of this to the purchaser's solicitor. We will provide you with a title deed and plan (as long as the property is registered on the land registry) 

 

Property Information Form (TA6)

This is a standard form that provides details about the property, such as boundaries, services, rights of way, and any disputes or issues with the property. This form is usually filled out by the seller and given to the buyer.

Fittings and Contents Form (TA10)

This form lists the items that are included in the sale of the property, such as fixtures, fittings, and appliances. It also includes any items that will be excluded from the sale.

Memo of Sale

The document that is sent to all parties on agreement of an offer a template for ours can be found clicking this link

Sale Contract

This is a legally binding agreement between you and the buyer that sets out the terms and conditions of the sale. You may want to hire a solicitor or conveyancer to help you draft this document.

 

How to do a house viewing?

When conducting a house viewing, it's important to make a good first impression. Here are some top tips to keep in mind when you’re doing your house viewings:

Make your home presentable

Before the viewing, make sure your home is clean and tidy. Clear away any clutter, make the beds, and clean the bathrooms and kitchen. You want to create a welcoming atmosphere that allows potential buyers to envision themselves living in the space.

Provide information

Answer the buyers questions, this will normally be the same, local schools, boiler when it was installed, wiring when was that done and what are the neighbours like. 

Be open to questions

Be prepared to answer any questions the buyer may have about the property, such as the age of the house, the condition of the roof, the number of bedrooms and bathrooms, and the size of the yard. Be honest about any issues with the property, but also highlight its positive features.

Do a follow-up

After the viewing, follow up with the buyer to answer any additional questions they may have and to gauge their interest in the property. If they're interested, you can arrange for a second viewing or provide them with more information about the purchase process.

how likely your property is to sell privately. Always set the asking price to match the Rightmove price brackets this will expose your property to the highest number of buyers. 

Negotiations with the buyer

It can be challenging to negotiate a price with the buyer during the selling process. It's important to get a fair price for your property, but you also don't want to scare off potential buyers with an unrealistic asking price. 
During the sale, be willing to negotiate and compromise on certain aspects, such as the completion date or any necessary repairs.

Accepting an offer

When you're satisfied with an offer, accept it. It’s important that you understand the terms of the offer, including the price, any conditions, and the completion date. 

Advice from a solicitor

Once you have agreed to the offer, you must hire a solicitor to take care of the legal details of the purchase. The solicitor will be in charge of creating the contract, transferring ownership and making sure all legal requirements are fulfilled. It's important to choose a solicitor who is knowledgeable in property transactions and whom you feel comfortable with.

Finalising your private house sale

The final step to selling a house privately is to make sure that all of the legal and administrative aspects of the sale are completed, and that the property is transferred to the new owner.

During this process, you will need to work closely with your solicitor, who will manage the transfer of ownership and the payment of any outstanding bills, taxes or fees associated with the property. You may need to sign legal documents, provide information or documentation, and liaise with the buyer or their solicitor to ensure that the sale proceeds smoothly.

Benefits of using an estate agent

Private sales sound a bit daunting? Getting help and advice from an estate agent can take some of the stress out of the selling process. Here are the main benefits of using an estate agent rather than selling privately:

Professional expertise

They have the experience, knowledge, and training to help you navigate the complex process of selling a property. They can provide guidance on everything from pricing and marketing, to negotiating and closing the sale.

Wider reach

With access to a broad network of potential buyers, estate agents can market your property to a wider pool of people looking for a property matching yours. 

Time-saving

Selling a property is time-consuming, especially if you’re doing everything yourself. By using an estate agent, you can save time and focus on your other commitments while the agent handles the sale.

Negotiations

Estate agents are skilled negotiators and can help you get the best possible price for your property. They can also handle any difficult negotiations on your behalf.

Legal protection

Estate agents are regulated by law and have a legal duty to act in your best interests. They can help you navigate any legal issues that may arise during the sale process and ensure that all legal requirements are met.

Emotional detachment

Selling a property can be an emotional process, and it might be challenging for you when dealing with potential buyers and negotiations, etc. An estate agent can provide an objective perspective and help you make decisions that are in your best interests.

Ultimately, using an estate agent to sell your property can be very beneficial, making the process smoother, more efficient and less stressful. 

Book a valuation

Ready to sell your home? Our experienced team of Estate Agents with a minimum 5 years of experience will send you a valuation that also includes an opinion on how likely your home is to sell in the current market via our method. I would also get a few other valuations to see if the figures are in the same region. 

Remember if you have any questions, we are here for you!

If you have any questions just feel free to ask. We have a huge amount of experience in selling homes over 35 years of combined experience we should be able to answer any questions that you have on selling your home. 

Private sale, part of Keogh Estates regulated by property redress scheme and member of NAEA, ARLA, UKALA and NRLA

© 2024 Private Sale - Keogh Estates

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