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Selling property privately – clever or crazy?

By Carolyn_G 26 August 2012 41

Hi all

My husband and I are hoping to sell in the next few months and are currently looking at our options. We have met with an agent who was very nice but had a commission of almost 3%. We find it hard to imagine that the work of selling our house is worth over $12,000! A private seller ad on All Homes is a little over $1500 and it’s not much for a For Sale sign on Vistaprint or the like. Besides those and a few brochures to hand out I don’t think we would need for much more marketing.

We have a friend who takes property photographs for a living and I have already whipped up some words about the place (took all of 5 minutes).

I have read some other Riot ACT posts about selling privately and am thinking more and more than we could do it.

Would love to hear how other people went. Did it go terrible wrong for anyone? Also interested in suggestions for a great solicitor to help us through the process.

And just curious, would you think that an open house is the way to go, or viewings by appointment only?

What’s Your opinion?

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Selling property privately – clever or crazy?
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gsp 3:38 pm 24 Sep 12

It depends on your property (how good is it)and the state of the market(how quick will it sell). Doesn’t hurt trying it yourself initially and then as a last resort go to an agent. That is if you can wait. Also try contacting a few agents and negotiate the commission. G’Luck!!

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