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How do I find the value of my property without an estate agent?

I have had 3 estate agents valuations done on my property, they are all quite different. Do I take the middle ground, or find another way to get a valuation. I don't want to be over or under priced when I market my property. I want to sell, not sit there waiting for the estate agent to call and ask me to reduce. What do you think?

Asked on Feb 7 2013, House Prices in Chorley | Report content

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  • Hi ainehoey321. There is no guaranteed hassle free way to sell property AND get a good price. You can sell to a cash buy company for 60-70% of the value of your property, and there is no hassle. When selling on the open market, anything can happen, so you can't predict a good price with a hassle free buyer. What you can do is market your property close to market value, or slightly below. This will undoubtedly place your property at a price lower than most similar properties in the area. Get a good agent working for you, and be prepared to go into a rental property, or at least have a list of properties with ‘no chain’ on their side that you could move to in order to keep the chain short. Complicated chains often break, leaving everyone disappointed. So many buyers will opt to avoid chain properties, or at least long chains. Price is everything, so get several valuations and look at recent sold prices to confirm what people are paying. Asking prices on most properties are too high, once you market at a price that attracts buyers in, you are far more likely to sell... and for a decent price. It all depends on how quickly you want to move!

    Answered on Feb 7 2013, Report content
  • A RICS surveyor would provide you with the most accurate property value, but would probably want £100 - £200 for his valuation. If you want to go with the valuations that you already have, then I would advertise "offers in excess of" the lowest valuation and look for the response from the viewing public. Remember that the price that you advertise your property for is not an offer. It is an invitation for interested parties to make an offer to you. A large number of viewers would indicate to you that the guide price is too low. If you receive multiple offers then you can ask for those offering to sumbit a "best and final" offer and you are still not bound to have to accept any offer.

    Answered on Feb 22 2013, Report content

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