Share Via:

Can I Sell My House Without An Estate Agent?

Whilst it is still commonplace for people to use a high street estate agent to sell their home, numbers are decreasing. Throughout the pandemic, online estate agencies thrived as they already had the virtual tools in place to facilitate the buying and selling of property. The digital evolution, in general, has had an impact on the property industry and there is now a wide variety of different companies operating under the estate agent umbrella. Cash house buyers, sell house fast agents, and a plethora of other services are available to those who would prefer to avoid a traditional estate agent.

If you’d prefer an alternative way to sell your home, you will be pleased to hear there are countless benefits. You can sell your house without a high street estate agent and enjoy the likes of free valuations, quick completion times, and fully managed sales.

Can I save money by not using an estate agent?

Estate agents typically charged between 0.75% and 3% on the final sale value of your property. This means, if your home sold for £280,000 you could see up to £8,400 of that go to your estate agent. Furthermore, if you’re purchasing another property you will need to pay stamp duty. Stamp duty cannot be avoided but estate agent fees can if you look for an alternative.

Some online estate agents have a set fee when you sell your home with them. This can vary but often falls between £300 and £1,500. The fee will not change depending on how much your home sells for. If your property sells for £800,000 you will still only be expected to pay the flat fee.

At SOLD.CO.UK we offer our customers an opportunity to sell their house for free. Unlike other ways of selling, it doesn’t cost you anything to sell your property with us. We even cover your legal fees to make selling your home as affordable as possible.

Can I sell my house myself?

Much of the work estate agents carry out is marketing your home effectively and securing viewings. If a relative is buying your home or somebody has expressed an interest in your property, then there is no rule that you will need to get an estate agent involved.

Understandably there are a lot of considerations with DIY property sales. You will need to determine:

  • Do you have enough knowledge to help you with the process?
  • Do you have enough time to organise the sale?
  • Are you comfortable negotiating directly with people?
  • Do you and an interested party and tight timeframes?
  • Are you happy to conduct viewings on your own?

These questions will be particularly useful if you are marketing your home yourself and there is not already an interested party lined up. You will be your own estate agent and you will need to be aware of costs relating to EPC certificates, solicitors, floor plan designers, photographs, and content writers if you aren’t an expert. There are a lot of online resources, forums and groups available online where other successful DIY sellers share their stories.

Please see below some of the most common and basic costs associated with selling your home privately:

Conveyancing£500 – £1,800
EPC£50 – £120
Total£550 – £1,920

Comparatively, bricks and mortar estate agent costs are below:

Estate agent fees0.75% – 3% of selling price
Conveyancing£500 – £1,800
EPC£50 – £120

If you sold a property for £350,000 privately your max expenditure would be around £1,920. If you were to use an estate agent this figure would settle between £3,175 and £12,420. Using an online estate agent, this figure could vary between £300 and £1,500. Therefore, looking at all options before automatically selecting a traditional estate agent may be wise.

Sell your home with SOLD.CO.UK

You may want to sell your home but doing it privately isn’t feasible and you’re put off my estate agent fees. Perhaps you want to move quickly, are going through a divorce, or simply want a hassle-free sale. Our services are fully managed and completely free, allowing you to focus on other things. If you’d like to get the ball rolling call us on 0800 566 8490 or book a free valuation.

Previous Next

Get it SOLD.CO.UK today

  • By submitting your details, you agree that we may keep this information safely.
    Our Privacy Policy has further details

  • This field is for validation purposes and should be left unchanged.