Selling with an agent?
Estate agents are the traditional method of selling and letting property but Move on the net is committed to providing an alternative service that provides a complete freedom of choice and a massive cost saving benefit.
More and more people are deciding to sell/let their own property but all too often are only able to purchase and display a private for sale sign and/or pay for a local paper advert. Although this may produce a successful sale/let, the chances are that it will not.
Move on the net have created an opportunity for private sales to take place at a fraction of the cost of an estate agent by;
- Allowing a Seller to present their property themselves in a professional, clear and user-friendly way online.
- Through local, national and online advertising, Buyers will be directed to view the site looking for their new home.
- Interested Buyers will be able to make contact directly cutting out delays, lack of communication and worries.
- The ability to include photographs of their own choosing, Virtual tours of their property and other benefits such as, SMS text and e-mail alerts, personalised for sale/to let signs, gauge buyer interest etc.
If you are using an estate agent we would recommend that you get more than one estimation of the value, invariably there is a large difference in each agent's valuation.
It should be remembered that an estate agent could be anyone. They don't have to be qualified to do business. Great care is therefore needed in dealing with an agent who, after all, is in the business of maximising profits. We would recommend that you only use an estate agent who is a member of a recognised professional body.
We would not recommend that you accept an agent's valuation without doing your own research (click here for tips on valuing your property). Essentially, without assessing the value yourself you will never know whether an agent is valuing too low so they get a quick sale or too high to win your business over other agents. Either way this is not in your best interests.
You can advertise your property with Move on the net and with an estate agent. You should agree with your estate agent that his commission is not payable if you find a buyer yourself through the Move on the net website. Once you have agreed this make sure you confirm it back to the estate agent in writing.
We would recommend that you carefully check the terms and conditions in any estate agent's agreement you enter into. If your estate agent's agreement document refers to him having ‘Sole selling rights' with you then you would breach your agreement if you sold your property yourself.
If you are already with an estate agent and you want to find your own buyer privately without an estate agent then you should give notice to end your agreement. There will normally be a period of notice where you will have to wait for the agreement to end and where you will not be able to advertise you property privately. The agents should still market your property during this period. Once the notice period ends and you are free from the terms and conditions of the agreement, you can then try to find a Buyer privately and use the services of Move on the net if you so wish.
Once you have negotiated and agreed a price for your property then you should contact a solicitor to arrange the legal formalities to complete your sale. It will be your Solicitor who will advise you regarding the process and the legalities.
