Article: Private Property Sales Process
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Private Property Sales Process
With 70% of potential home buyers looking online to find property and with estate agents charging up to 4% in sales commissions, more and more people are starting to consider selling their property privately.
Estate agents usually charge a sales commission of between 1.5% to 4%, plus VAT.
This means that on a £200,000 property where the sales commission is 2.5% you would have to pay £5,000 sales commission plus £875 in VAT.
If you sell your property privately, you don?t have to pay any sales commission.
In this article we have outlined the private property sales process to help you understand the different steps involved.
Step 1: Valuing your Property
A property valuation is necessary whether your sel...
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