Selling Your House During The Credit Crunch

The credit crunch has had such a knock on effect that even selling your home is not as easy as it was this time last year.

There's no doubt that things have changed drastically in the UK housing market over the past few months but it is still possible to sell your house in a falling market and selling it privately makes even more sense than ever when you need to gain maximum profit from the sale.

By using an estate agent, you'll have their commission to pay - money which is better served in your pocket and do you really want to pay perhaps an average fee of £5000 or more when maybe the value of your property is falling.

Furthermore, have you seen the comments on recent reports on the TV news stating that some estate agents are cutting down on advertising etc ... all this will have an adverse effect on how often your property is viewed, for sale.

As the end of the day, you want your estate agent to promote your property - don't you ...

So with the ever increasing risk of recession, take a look at selling privately which can cost as little as £47 - just a very small dent and percentage of your property value.

£199 gets your property an online brochure with twenty colour photographs, it will be advertised on an extensive number of well known property web sites, reaching up to 3 million house hunters each month ... and not to mention a For Sale board which is important at any time and vital in a reducing market place as you need to maximise your exposure in your local area.

Now, imagine the money you have saved by not using an estate agent, having no estate agents fees to cough up - that could go a long way to putting in a new kitchen or bathroom, a conservatory or a garden make-over ... alternatively, your saving would also cover your home moving costs such as a removal firm, legal fees, stamp duty on the home you are buying - get the picture ...

You might be worried there are no house buyers out there but rest assured, there are always people on the look out to move property because of changes in their personal life - a new baby, their home is too big or too small and they want to down-size or up-size accordingly.

If you are sitting on the fence thinking it's not the right time, think again - putting your house up for sale might be a good tactic especially if house prices drop further as many experts predict.

Selling your house privately also allows you to find out with the minimal of risk with just a small upfront fee and no commissions to pay.

There are a number of establishments online to help you in your private sale venture however, Houseweb.com have pioneered private property selling on the internet allowing you, the seller to easily place your property online for sale within just 30 minutes - yet another point scored over using an estate agent.

Finally, last but not least, don't forget about your Home Information Pack also known or referred to as HIP's - this is a requirement when selling.