How do I go about selling my property privately?
Important things I should know:
More and more people are discovering the benefits of selling their property privately. It’s not nearly as daunting a prospect as it might initially seem. After all, who else is more informed, more inspired and more committed than you are when it comes to making that sale? One of the main benefits is that selling property privately promotes a much more open and healthy buyer/seller relationship – apart from the obvious fact that you’ll both save a lot of money.
Can I list property privately if I’ve given a mandate to an estate agent?
Yes, but if you’ve given the estate agent a sole mandate (which must, by law, be in writing) and you have not reserved the right to sell privately in such an agreement then you cannot sell privately until the mandate has expired.
What are the 4 golden rules that I should keep in mind when selling privately?
- Ensure that the selling price is market-related and remember that there is no agent’s commission associated with the sale, so don’t pitch too high.
- List your property on a website that sells property privately and market your property effectively.
- Consider initiating your sale campaign with additional newspaper advertising.
- Conduct show houses.
If you would like to buy or sell property in South Africa, please visit www.sahometraders.co.za.
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