This entry was posted on Wednesday, June 27th, 2007 at 8:45 am and is filed under Property news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
UK Property Market
independent property advice
Homes Are Sold Faster Without an Estate-Agent
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).
The author of this post is Myra Needham, she is a regular contibutor to the marketerers rag and London Hogwash. Myra is fast becoming an authority on IPL skin clinic. Read her online journal here.
- Family saves over £20,000 selling two houses online!
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- One Quarter of Landlords See Returns Over 30%
- Newly built houses reach record price of £260,832
- One third of house hunters use online services