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Why not Sell your Property Privately?
First off, lets make a few things perfectly clear about selling property privately:
1. It can be done!
2. It is not terribly difficult!
3. Using an Estate Agent does not guarantee you''ll sell your house for more!
A lot of people feel strongly that traditional Estate Agents don''t deserve the fees they charge - Rightly so! Property prices have risen dramatically over the last decade. As fees are based on the percentage of your property''s value, Estate Agents have been making a killing (over £4 billion last year). Are they working any harder for their money? Are they providing you with a better service?
Selling Property Privately is a Growing Trend!
As many people have realised, to sell property privately all you need are:
Common sense
Decent organisational skills
The desire to save a considerable sum of money
Figures from the Office of Fair Trading show that 1 in 10 homeowners now attempt to sell property privately. The OFT interviewed a sample of these private sellers and their findings were dramatic: 91% reported the whole process ran extremely smoothly. Most said they would do it again.
There is even a recent study by the ''Interactive in Media Retail Group'', IMRG (the global e-retailing industry body) looking at the rise in popularity of selling a house privately. They forecast that by 2010 nearly half (that''s 700,000) of all homes sold in the UK each year will be without the help of a traditional Estate Agent.
 


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