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Quick House Sale Guide >> Sell Your Property Privately >> The Pros and Cons of Selling Privately
The Pros and Cons of Selling Privately
The pros of selling your house privately include:
- It is much more cost effective to sell your house privately than to use an estate agent. Most online agencies will either charge a commission of around 0.5% on a 'no sale, no fee' basis, or will charge you a one off fee of around a few hundred pounds. Do shop around to get the best deal.
- You can sell your house privately alongside estate agent's 'sole agency' agreements as long as you do not use another estate agent as part of the selling process.
- Some online property selling sites offer many of the same services offered by a high street estate agent.
The cons of selling your house privately include:
- You may not be offered the full range of services offered by high street estate agents.
- Depending on which company or website you register your property with, you may not be able to get it listed on Rightmove.co.uk, which is the UK's most popular website for property buyers. The lower the number of people that see your property details, the less likely you are to get a quick house sale.
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