How to Sell Your Home Online and Save More Money


by Iain Stubley - Date: 2008-10-09 - Word Count: 545 Share This!

The crash of property prices in the UK and buoyed by the spiraling of the economy have prompted many house sellers to think of ways of maximizing their earning potential. One of these is to do away with the hiring of real estate agents. This makes a lot of sense since most real estate agents charge up to 3% of the total sale value, which is definitely a lot of money considering the economic crunch that the nation is in.

Selling one's property can churn out a lot of savings for any house seller. Consider that when a London property can be fetched for GBP 400,000, the real estate agent can gain as much as GBP 10,000 in commissions. Taking the real estate agent from the equation can really bring a lot of savings for any house seller.

With the advent of the Internet, selling a property has become less complicated. The Internet answers some of the basic assistance provided by real estate agents, particularly in getting a good number of prospective buyers. Real estate agents are often hired because they have an extensive network of real estate buyers who can potentially buy the house of their clients. This makes the selling easier and faster for house sellers. However, with the advent of Internet-based house selling advertisements, house sellers can now gain a good number of potential buyers from the Internet. Selling a home online can also save a house seller time. There are many UK websites that allow house sellers to advertise their homes on sale. The process is usually simple and takes a couple of minutes to finish.

While many people think that it is hard to estimate the value of their property without the expert help of a real estate agent, the truth is that there are website that can provide free estimates of any property. These websites can even compare prices of properties in any area in the UK. There are also websites that offer listings of prices of homes recently sold in a particular area.

Selling a home online requires taking some shots of the property for sale. Using a digital camera, home owners should take pictures of the house for sale from various angles. Since websites now allow uploading of multiple images, a house seller can effectively portray the entire look of a property for sale just by posting as many images as he or she can. It's worth noting that property ads that show photos of the home get 40% more inquiries.

There are also websites that provide Home Information Pack or HIP to those who want to sell their homes online. As most Britons know, laws require house sellers to have HIP before selling any property in Wales and England.

Advertising a house for sale should be made by posting essential details about the property such as the number of rooms and their respective measurements, as well as other facilities that may be noteworthy to mention. Once the potential buyers visit the property for sale, house sellers are a couple of steps closer from completing the sale of their houses. House sellers can then get the assistance of a solicitor to finalize the various legal requirements. After exchanging deeds of sale, the house selling process is finally complete.


Related Tags: mortgage, fsbo, sell home, property for sale, buy home, investment property, realtor fees, homesonsale

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