UK Property Market

According to a recent study, owners who sell homes themselves, using the internet and “for sale” signs, need an average of two months to close a deal. Comparatively, people who choose to go through an agent are bound to spend more than three months on average to see their house sold. In spite of this, the study reveals that selling through an estate agent remains the option preferred by most owners –with about 85 percent doing so.

At the same time, approximately 55 percent of owners rely on estate agents to set a price for their house. Other commonly used methods include checking the prices in the neighborhood (22 percent), or consulting prices on online portals such as Land Registry (about 10 percent).

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