Hi Irish Bhoy,
I wish more sellers would sell themselves, so that buyers know exactly who they are dealing with and not have to put up with the rudeness of EAs, who, by the way, have no idea how to actually SELL a house, due to the fact that the last couple of years they have just stood at the door and let bidders fight over them.
In saying that though, I agree with extopia in the sense that they will have to be willing to do evening viewings, weekend viewings, and they may run into 1/2 silly people. If they price realistically however, it could be gone in a jiffy & they will have saved themselves a bundle.
Make sure they do all sites. Daft, My home, sellityourself & private seller. Make sure there is lots of pics(don't know how many houses I've looked at on-line with 1 bloody photo(EAs at work, my behind), garden, bathroom, living room, etc. Include which way the house is facing. Include if garden is private over overlooks a green. Things like that. Tell them to try their best with measurements of rooms.
Good luck
Hi Irish Bhoy,
I wish more sellers would sell themselves, so that buyers know exactly who they are dealing with and not have to put up with the rudeness of EAs, who, by the way, have no idea how to actually SELL a house, due to the fact that the last couple of years they have just stood at the door and let bidders fight over them.
In saying that though, I agree with extopia in the sense that they will have to be willing to do evening viewings, weekend viewings, and they may run into 1/2 silly people. If they price realistically however, it could be gone in a jiffy & they will have saved themselves a bundle.
Make sure they do all sites. Daft, My home, sellityourself & private seller. Make sure there is lots of pics(don't know how many houses I've looked at on-line with 1 bloody photo(EAs at work, my behind), garden, bathroom, living room, etc. Include which way the house is facing. Include if garden is private over overlooks a green. Things like that. Tell them to try their best with measurements of rooms.
Good luck
... daft.ie, newspaperA few points:
It is not just a case of letting people in the door and them saying "yes" or "no" - the house has to be advertised,
viewings have to be conducted and the seller must be prepared for a wide variety of qusetions on the house and area.
...basic negotion skills, - utimately culminating in yes or no on the price.Bids have to be managed
An EA will do very little or nothing in this regard for you, - once the house is sale agreed with or without an EA, - you will need to chase up your solicitor.and once the deal is agreed then it is important to keep things moving along with the Solicitors.
OP - be prepared for the house sale to fall through and have to start all over again; lots of would be purchasers are finding it difficult to get the financing at the moment or to sell their own houses.
In the above quote is says something about it being gone in a jiffy if it is priced realistically - this simply isn't the case at the moment. Through my work I know of a large number of properties priced very reasonably and they are still not attracting interest. Note to the above poster - EAs are acting on the instructions of the vendor. Many vendors specifically ask that no interiors be shown.
My advice to the OP would be to consider selling it yourself but do your research first and be prepared for it to be a slow process.
In this current market, why would they try and sell at all?
Why on earth won't they use an estate agent?
They can advertise, put a sign up but how will they attract purchasers?
People will tell you that this is possible but I would never try it.
Personal opinion
mf
They can advertise, put a sign up but how will they attract purchasers
....FUD, there's nothing difficult about itPeople will tell you that this is possible but I would never try it.
Don't think you are. Any buyer should take what you or an EA would say with a grain of salt, - to some extent at least.Interesting thread.
If I were selling my house, I dont think that there is any question about the house or area that a potential buyer could ask that I wouldnt be able to answer myself better than any estate agent. Am I missing something here?
It's very little trouble really. you can base the description on other ads anadding a few phyway, - at least to use as a template. You should have it knocked up in a couple of hours. After that and adding a few photos taken on a nice day, - its just a matter of answering calls.There is the hastle of advertising, arranging viewings, noting down interested peoples details, accepting bids etc.......this can be very time consuming, but I dont think it would be beyond the average persons capabilities - common sense stuff really.
That wasn't my experience at all, - most people really just didn't care.I do agree that there is a perception among buyers that an owner selling is to be avoided.
My feeling is that this perception is more to do with a fear of the legals being messed up than the viewing/bidding. I think people buying houses subconsciously link both the selling and legal aspects of a house sale and subconsciously think that if the selling is "done on the cheap" then so will the legals.
Would one way of avoiding this be to use a well known reputable solicitor and have the solicitors details displayed prominently on the brochures (with his/her agreement)? And to reassure house viewers by telling them that the sale is being handled by this solicitor, so the legals will be done to the highest possible standard?
One advantage of not using an estate agent is eliminating conflicts of interest such as the EA recommending other properties, also acting for the buyer, not passing on bids if a friend/regular customer of the EA is bidding etc.
Interesting thread.
If I were selling my house, I dont think that there is any question about the house or area that a potential buyer could ask that I wouldnt be able to answer myself better than any estate agent. Am I missing something here?
Alot of people are not comfortable with details regarding to construction and planning questions. ?IAVI EA's will have covered alot of planning regulation, construction and property law in gaining their degree. There is also the basis for how you portray the info so that the client feels comfortable that it is indeed fact and not best guess.
There is the hastle of advertising, arranging viewings, noting down interested peoples details, accepting bids etc.......this can be very time consuming, but I dont think it would be beyond the average persons capabilities - common sense stuff really.
You are right, basic time management will allow you to set aside a format to keep everything clear. You may not be accepting bids as it can often be the case that bids are coaxed out of viewers who otherwise might sit on the fence. There is also the ability to talk about what is actually happening in the market, what you have dealt with in that location recently etc that can add to the EA's selling power.
I do agree that there is a perception among buyers that an owner selling is to be avoided. My feeling is that this perception is more to do with a fear of the legals being messed up than the viewing/bidding. I think people buying houses subconsciously link both the selling and legal aspects of a house sale and subconsciously think that if the selling is "done on the cheap" then so will the legals.
The legals may be a point, but it is also a major factor that people do not feel comfortable dealing directly. With an EA you have a place to complain if unhappy, a neutral ground to deal on, and of course confidentiality. I would not and could not divulge info if your bid fell through because your mortgage wasn't approved, but that would not be the case for a sell it yourself person and as we all know Ireland is a small country.
One advantage of not using an estate agent is eliminating conflicts of interest such as the EA recommending other properties, also acting for the buyer, not passing on bids if a friend/regular customer of the EA is bidding etc.
This may seem like an advantage, but to the buyer it is a disadvantage as their choice is narrowed to one and they are what it's all about. If I walk into your home I get one aspect, an EA might tell me that he has 4 houses that suit the criteria that I outlined so now I have a greater choice.