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Assessing The Unique Features Of Commercial Real Estate Parcels
As commercial real estate development progresses into the 21st century, many of the principles upon which the market was founded remain the same. Whether you are a property owner, developer, or commercial real estate agent, identifying and marketing...
Canadian Gardening
People around the world tend to have a prejudice about the prospects of Canadian gardening or simply, the gardening in Canada. Its position in North America, to the north of United States and near the artic circle adds an air of chill to the whole...
Following A Builder For Profits - An Example
As the real estate market begins to calm down, many worry about making a profit on their homes. Here’s an example of the "follow the builder" profit strategy.
Follow That Builder
In many areas of the country, there are builders who build...
Hiring A Contractor - 10 Tips
A very smart attorney I know paid $7,000 for a roof repair, only to have the roof leak the next time it rained. The contractor stalled, made excuses, but never did a thing about it. Anyone can have these kinds of problems when having repairs or...
Home Buying Seminars - Powerful Marketing For Real Estate Agents
Home buying seminars are a perfect complement to your personal marketing program. They're educational, popular and much more personal than any marketing piece. They can also position you as an authority, which can easily lead to future clients.
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Massachusetts Real Estate – History Personified
Massachusetts is a state overflowing with history and yet oddly modern. Massachusetts real estate prices are very pricey.
Massachusetts
Massachusetts is an incredible mix of history and bustling modern influences. Historically, the state took...
Sell Your Home For The Biggest Profit By Keeping Things Uncluttered!
Getting your house decluttered will help you clear your own mind and get you ready for the prospective buyers to start coming. The best way to get organized is to try to see your house through new eyes. When you pretend like you are the one who is...
Staging A Home For Sale
So your house is up for sale. It's a good house, well-priced for the neighborhood, and in decent repair. But nobody's buying. What's wrong?
The fact is, you might be looking right past the problem. You've lived in your house day in and day out,...
The Smart Way To Look At Home Improvements
What home improvements really pay off when the time comes to sell your house?
That’s an important question for any homeowner contemplating moving or remodeling. And the only possible answer is a somewhat complicated one.
That answer...
Utah Real Estate – Mother Nature’s Masterpiece
Mother nature has done some amazing work in Utah. Fortunately, you can live in the middle of the masterpiece with reasonable prices for Utah real estate.
Utah
Utah is a state of open desert in the south and raging mountains in the north....
Why You Should Sell Your Property Privately
With 70% of potential home buyers looking online to find property and with estate agents charging up to 4% in sales commissions, more and more people are starting to consider selling their property privately.
In this article we’ll examine why you...
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Why You Should Sell Your Property Privately
With 70% of potential home buyers looking online to find property and with estate agents charging up to 4% in sales commissions, more and more people are starting to consider selling their property privately.
In this article we’ll examine why you should think about selling your property yourself rather than using an estate agent to do it for you.
Estate Agents Charge Hefty Sales Commissions
Estate agents usually charge a sales commission of between 1.5% to 4%, plus VAT.
This means that on a £150,000 property where the sales commission is 2.5% you would have to pay £3,750 sales commission plus £656 in VAT.
If you sell your property privately, you don’t have to pay any sales commission.
You Don’t Need an Estate Agent to Value Your Property
Valuations carried out by estate agents are not recognised by insurance companies as a basis for building insurance rates. This is because all estate agents rely on when they make valuations is experience based on what similar properties in the area have been sold for.
Furthermore, estate agents often value properties at a lower amount than they are actually worth so that they can close the sale more easily and receive their sales commission sooner.
Instead of using an estate agent to value your property, you would be better
of using a qualified surveyor whose valuation would be recognised by insurance companies and who doesn’t have a vested interest in the asking price that you choose.
Estate Agents are Notoriously Disreputable
There have been some cases where estate agents have been punished by the Office of Fair Trading for conning their clients leading to them losing thousands of pounds.
Estate Agents Act in Their Own Interests
Ultimately estate agents are only really interested in making their sales commission which means that they might try and persuade a vendor to accept an offer that he or she doesn’t really want to, simply to secure the commission.
There is Another Option- Sell your Property Privately
By advertising your property on private sales sites you can sell your home and save thousands of pounds in sales commissions and the stress of managing estate agents.
About the Author: Property for me.co.uk (http://www.propertyforme.co.uk) is a private sales site covering the whole of the UK designed to help you save money in estate agents commission fees.
Source: www.isnare.com
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