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UK diy (uk.d-i-y) For the discussion of all topics related to diy (do-it-yourself) in the UK. All levels of experience and proficency are welcome to join in to ask questions or offer solutions. |
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#1
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OT selling house via web sites
"dave" wrote in message ... Sorry for OT but I was just wondering of anyone here has had an success (or failure!) at selling their house on the web - rather than via an estate agent? I see there are a few sites around that will list/advertise a property for a cut of the proceeds on sale via any contact supplied by themselves. I appreciate the risks that are possible with this and that's why I thought I'd ask for any persoanl experiences with this. I suppose I could put up my own site and advertise the proprety there - but the problem then is (as I see it) how do potential buyers find it. There is also ebay of course... comments? :-) Thanks. Yes. We used Houseweb - It was on for about 5 weeks without much interest and just as we got the bloke round from Taylors (we we're in a hurry) we had two people phone in two days. I think we paid about 120 for permanent advertising on all the usual websites (you just need to renew for free once a month - by clicking a button) and also got a professional looking sign for the front. We've saved a mint on the costs (about 1300 quid we were quoted from Taylors). Just get your solicitors to deal with any negotiations with buyers that are required and you don't have to do much work yourself. If you are not in a hurry you might as well do it yourself and then change to an estate agents if you feel it's not working for you. You can advertise privately and sell through an agent at the same time, just make sure the agents contract states "Sole agent" rather than "Sole seller" - if it is the last they can sting you for a cut even if they do not provide the buyer. I wouldn't sell a house on eBay, I think you'd have to be nuts TBH! Rich. |
#2
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OT selling house via web sites
On Mon, 16 Jan 2006 17:17:10 GMT, "Mold" wrote:
I wouldn't sell a house on eBay, I think you'd have to be nuts TBH! Um why? If you put a reserve in for the least amount you are willing to accept I don't see a problem. Do you think there are more timewasters on ebay than there are wandering around estate agents? And you never know - you might get someone who can pay via paypal -- If you think education is expensive, try ignorance. |
#3
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OT selling house via web sites
Hi All
On Mon, 16 Jan 2006 18:22:23 GMT, Geoffrey wrote: On Mon, 16 Jan 2006 17:17:10 GMT, "Mold" wrote: I wouldn't sell a house on eBay, I think you'd have to be nuts TBH! Um why? If you put a reserve in for the least amount you are willing to accept I don't see a problem. Do you think there are more timewasters on ebay than there are wandering around estate agents? And you never know - you might get someone who can pay via paypal Actually - property 'auctions' on eBay work differently to other eBay sales.... quote Due to the wide variety of laws governing the sale of properties in UK and Ireland, eBay property listings are not legally binding offers to buy and sell that property. Instead, they are simply a way for sellers to advertise their property and meet potential buyers. At the close of the auction, the seller should contact the winning bidder to discuss entering into a contract for the real property. However, neither party is obligated to complete the property transaction. This type of transaction is called a Non-binding Auction. What is a Non-binding auction? Non-binding auctions of properties do not involve binding commitments by members to buy and sell property. Instead, these "auctions" are simply a way for sellers to advertise their properties within the auction-style environment familiar to eBay's members. At the close of the auction, the seller is expected to contact the high bidder to discuss entering into a contract for the real sale of the property. Neither party is obliged to complete the transaction. unquote So the business of 'reserves', 'final fees' etc don't come into it - there's a flat listing fee of £35 - which either represents an enormous saving over using an estate agent, or a waste of £35 - depending on whether you're successful or not. There's probably a good reason why there are only 164 properties advertised on eBay at this moment...... Adrian Suffolk UK ======return email munged================= take out the papers and the trash to reply |
#4
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OT selling house via web sites
On Mon, 16 Jan 2006 18:22:23 GMT, Geoffrey wrote:
On Mon, 16 Jan 2006 17:17:10 GMT, "Mold" wrote: I wouldn't sell a house on eBay, I think you'd have to be nuts TBH! Um why? If you put a reserve in for the least amount you are willing to accept I don't see a problem. Do you think there are more timewasters on ebay than there are wandering around estate agents? And you never know - you might get someone who can pay via paypal Well, does it work differently to a normal auction? I just couldn't imagine a house going in 2 weeks and netting you want you want for it. Just seems a bit odd to me, maybe I'm missing something! |
#5
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OT selling house via web sites
On Mon, 16 Jan 2006 18:22:23 GMT, Geoffrey
wrote: On Mon, 16 Jan 2006 17:17:10 GMT, "Mold" wrote: I wouldn't sell a house on eBay, I think you'd have to be nuts TBH! Um why? If you put a reserve in for the least amount you are willing to accept I don't see a problem. Do you think there are more timewasters on ebay than there are wandering around estate agents? And you never know - you might get someone who can pay via paypal All ebay auctions for houses are non binding, regardless of the final bid price. This is in the ebay T&Cs It's simply a way of getting buyer and seller together. As it only costs £35 it's worth a go. sponix |
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