Hard economic times often push through changes in the way we go about doing things. People’s budgets are often squeezed, and therefore new ways to save money start to come about. The ‘For Sale By Owner’ model of selling property is nothing new, in America it is extremely popular, although here in the UK it’s still and unknown quantity.
Pros:
The benefits are that you cut out the middle man, thus saving thousands on estate agent commission. You also have the complete freedom of how to market your property, and you also have 100% control over the sale of your house. You can arrange viewings when it’s convenient for you and no-one else!
Cons:
The biggest problem surrounding this business model is that it’s unknown, and many people fear this especially when it’s the sale of their home. It’s still quite a new market, so the amount of potential viewings maybe limited.
We’ve yet to see whether this will be a popular way of selling property in the UK, but it could be quite an interesting watch, especially as people are looking for new ways to save money.
Well...he who dares rodders....he who dares!!
Us For Homes are one of the UK’s largest For Sale By Owner portals, with thousands of privately advertised properties across the UK. Take a look at the site to find out what it’s all about...
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