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We are interested in doing a part exchange on our property. Please explain pros and cons. Thanks

We are interested in this privately owned property and it's double the price of our current property. They are willing to consider part exchange with us. How do we go about this?

Asked on Dec 15 2011, Selling in Leicester | Report content

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  • Answered on Dec 7 2012, Report content
  • Hi, Approach an honest and trustworthy estate agent who will provide you with an open market valuation on the property you are choosing to buy. The average fee for this service is normally around £200 and as long as you get the permission of the seller this will give you confirmation that you are paying the right price. You could then ask the agent how much they would charge to handle the negotiations between yourself and the seller. This would normally be shared between yourself and the seller and most reasonable agents would do this for a nominal fee. Good luck, we hope you find your perfect home.

    Answered on Sep 19 2013, Report content

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