Ok you’ve decided it’s time to sell your property. So where do you begin? How do you know how much your property is worth? Answer ask the estate agent. Good starting point but also make sure you do your own research.
In order to get a good understanding of the market, start doing your own research. Check the local paper and websites to get an idea of the asking prices people are looking for. Note down what factors make one house more expensive than another.
When the estate agent does come around for a valuation, firstly make sure they do not charge you, all valuations should be free. If they charge you then they are probably not worth dealing with anyway.
Ask the Estate Agent the following questions:-
IMPORTANT: Make sure you always get at least three estate agent valuations
Here are some major factors which increase the value of a property:-
Here are some major factors which cause a negative effect on the properties value:-
Did you know it is actually possible to find out the actual property price paid for every property transaction in the UK. How do you find this out? Well The Land Registry recently opened up their database so that you can view property prices.
What can I use this information for?
You can use this property price information to get an excellent indication of house prices in your area or why not just be a nosey neighbour and find out how much your neighbour has just sold their property for?!
If you have a complaint about an estate agent then you need to speak to The Ombudsman for estate agents
Estate agents are not regulated but around 10,000 (70% of them) are part of a voluntary association The National Association of Estate Agents . They have signed up to a code of practice to become a member and therefore you are guaranteed a good level of service.
Go to our house price news channel and find out the sold house prices of property in your area
