Web makes home selling quicker
June 15, 2007 by admin
Filed under News, News-Mortgages
Homeowners can sell their house quicker if they miss out an estate agent and advertise the property themselves on the internet.
New research, included in the Alliance & Leicester movingimproving index, shows that web-savvy sellers can shift a house up to one month faster than an agent.
Despite this, 85 per cent of people looking to sell their house opt to go through an estate agent, with the average sale time being around three months.
Those who choose to go it alone, erecting homemade ‘For Sale’ signs and advertising the property online, have an average sale time of just two months.
As well as saving time and getting through the required processes quicker, selling your property yourself is generally cheaper for the homeowner.
“Using an estate agent to sell your home is generally viewed as part and parcel of the moving process with many homeowners continuing to use them to sell their home,” said Stephen Leonard, director of mortgages at Alliance & Leicester.
“But the research suggests that DIY methods such as using the internet to sell a home are becoming more popular.”
The research also showed that 55 per cent of people solely use estate agents to value their property.
