How to sell your house Private house sales

It's possible to skip the middle man and sell your house yourself. Check out our case study to help you decide whether you're better off going it alone.

Private house sales allow homeowners to save thousands of pounds by avoiding hefty estate agent fees.

Selling your house privately can be a good idea if it's a buoyant market - where there's likely to be an abundance of potential bidders and homes are selling quickly - or if you already know someone who wants to buy your home.

A private house sale will involve a lot more effort, though, as you'll have no agent to help advertise your property or show people around your home.   

Here, we suggest some of the best places to advertise your property if you want to sell it privately, and explain what documents you'll have to provide to a potential buyer. 

How to advertise a property for sale

Around eight out of ten property buyers already live within five miles of the home they purchase, so spreading the word of the sale around your local area is ideal. 

You could advertise in the local press, including advertising-only newspapers, as well as local noticeboards or smaller local publications, such as parish council newsletters. 

Most online property portals are typically aimed at estate agents, but there are some websites, such as houseweb.co.uk and thehouseshop.co.uk, that offer basic packages that allow you to advertise your house relatively cheaply. If you're keen to secure prominent advertising on the major property websites, consider using an online estate agent.  

If you put a 'For Sale' sign up outside your property, you'll need to ensure it complies with legal requirements regarding its size; your sign should be no larger than 0.5 square metres, or 0.6 square metres if using two signs joined together. They must have a different advertisement on each side. 

Preparing documents for a private house sale

You'll need to provide potential buyers with documents explaining the finer details of your home. 

You should create a detailed room-by-room guide, listing the dimensions and points of interest for each room, including the number of windows, telephone lines, radiators, electrics and TV cable points. Imagine the route you will take to show buyers, and follow this room order in the particulars. 

A floor plan is often a major selling tool, while the energy performance certificate, recent energy bill and interior and exterior photographs are also desirable. 

There is plenty of free software available online which makes it simple to create a floor plan for your property - just search 'create floor plan' - and our EPC explained page tells you how to get hold of an energy performance certificate.

How to conduct house viewings

The manner in which you show people around your home has a huge impact on whether they decide to make an offer. 

Before showing anyone around, ensure the house looks as presentable as possible. Is it tidy? Are the windows clean? Does anything need repairing? Does your garden look cared for?

Greet your buyers at the front door and remain positive about the property. The atmosphere you create will influence how people feel about your home.  

Consider writing down all the things you like about each room to work into the conversation. These show your home's advantages over similar properties. 

It is usually best to start the tour in the living room, complete the rest of the downstairs area, move upstairs, then show them the garden. At the end of the tour, ask if they have any questions about the property or the area in general. This will allow you to ease any nagging worries they may be harbouring, and could help you market your property better in the future.   

Find out more: viewing a property - our buyer's guide to property viewings could help you prepare  

When should you use an estate agent?    

If your property has a complicated leasehold situation, or if ownership is disputed, you're probably better off leaving the sale to an experienced estate agent. 

If you don't sell your property or gain any interest within 8 to 12 weeks, consider taking the property off the market for a while before putting it back up for sale through an agent. 

When a property has been on the market for a couple of months, buyers can sometimes be reluctant to match the asking price, as they often suspect there is little competition for the property.  

Estate agents and private buyers

If you know of someone who might be interested in buying your property, but still want to put it on the market with an agency, tell your agent (in writing) that you may have a private buyer before you sign the contract. 

If the private buyer dealing directly with you subsequently purchases your property, you won't have to pay the estate agent's fee.  

Find out more: estate agents: finding the best - tips on choosing your agent 

Amy and James's story: buying a house privately

Amy and James couldn't find a suitable property listed with an estate agent, so they ended up organising a private house sale.

Watch the video to find out how they bought their dream property without the help of an estate agent - a benefit for both them and the seller in this case.

 

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Video transcript

I think when we first decided to move, our vision of other preserve a bill we would, within two months, have sold our property, had enough accepted on where we would like to move, and things would go very smoothly.

Smoothly and
actually, it took us probably three months to even get enough of, and it was about six months before we got [xx] sale on that.

So, because we were competing with people in a much better position and that's because we still hadn't sold our flat. We decided to concentrate on make ourselves chain free, so we sold the flat and moved in with our parents and were in a much better position to a property we wanted.

I think living with our parents
was interesting, but I think we were fortunate in the sense that, and we were able to live with them free for as long as we needed, and all we lived in front of the property that we wanted.

The prices of trying to find our dream house was taking a lot longer than we first thought. So to kind of try get advance show other buyers, we would decide to think outside the box and whether you didn't really agree with the idea we decided to leave it drop, and two strings I think? which was an ambitious idea, but it turned out that within the hour we had replying looking at the house and that was it, happy ending.

I suppose obviously for us we got to cut out the estate agents in the prices of having to compete with other buyers, which is a real plus, and but from her point of view I suppose she saved the money on me and the estate agent phase which if we wanted to we probably could have used to negotiate on the price, and she had two kids finding the time to sought of decorate and get a house ready to put on the market was property more than she had, so I think it probably benefited her, and saved her a lot of time and hustle as well.

Advice we'd give to someone buying a house, I suppose if the opportunity is there, you can develop a bit of a relationship or at least have an icon conversation with the seller about your position, and it definitely helps in if you can get them to like either or may have that, that plays a big part of it. People are emotionally attached to their houses, and I think selling it to someone that they consider nice is probably peace of mind. think.
  • Last updated: July 2016
  • Updated by: Stephen Maunder

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