Estate Agent Vs “For Sale By Owner”

Why is it worth getting a professional to sell your property?

It may appear that selling your property yourself is the way to go in the hope of saving thousands of pounds. After all, an estate agent’s fee might range from 5% to 6%, which translates to £12,500 to £15,000 on a £250,000 house. Given the enormity of this cost, you may believe that saving money by acting as your own seller’s agent is a no-brainer. Here are a few reasons why we think you should think again.

1) Sales based on emotion are avoided

Selling a property is usually an emotional experience. Using an Estate Agent keeps you one step removed from the process. It reduces your chances of making costly mistakes like overpricing your house, refusing to contest a low offer because you’re insulted, or giving in too readily when you’re on a tight schedule. An Estate Agent will follow up without appearing too eager, as they do this day-in-day-out. 

An Estate Agent may also take the harsh sting out of rejection and turn any bad feedback into something beneficial. It’s more difficult for the seller to keep their emotions out of the sale because there isn’t a third party to bounce things off. Our staff are very experienced. Our 40 years of experience in Estate Agency will remove the emotional stress that can come with selling a property. 

2) It’s a Full-Time Job in Estate Agency

Is it possible for you to rush home from work every time someone requests a tour of your house? When your phone rings with a potential buyer, can you excuse yourself from a meeting? Do you have the energy to take advantage of every chance to advertise your home at the end of a hard day? Are you an expert in the field of marketing properties? Do you have much prior experience with this? It’s most likely you will have to respond “no” to each of these questions. Not to worry, as we take care of this for you. At Qube Residential, we market all our properties on all major online platforms. Including Rightmove and Zoopla, so you can be sure your property is getting in front of as many eyes as possible. 

3) Spotting Ineligible Buyers

We can determine if someone is a qualified buyer or simply a daydreamer or curious neighbour. It’s a lot of effort and an inconvenience to constantly plug your property that’s for sale into everything you do. Having no idea when marketing your property will be the most beneficial. You want to keep the showings that are most likely to result in a no sale to a minimum. A qualified estate agency will do this for you.

4) Negotiations 

Haggling for the best price when selling a home takes a specific skill set; our Agents are vastly experienced in selling property and guarantee to find the best price for your home. We will be able to pick up on the small warning signs of a disingenuous buyer, saving you time and headaches in the long run. 

Those who sell on their own can be unfamiliar with local norms and market conditions. Estate Agents are aware of the market’s ‘pulse’ and what drives demand, giving an advantage in determining which conditions are worth negotiating and which are worth letting the other side win.

We have over 40 years of experience selling properties, making the process hassle-free, simple and transparent! Give our team at Qube Residential a shout for any queries.