This depends entirely on your circumstances, but here’s what you need to consider.
Many people think selling off market will save them estate agent fees, perhaps a few thousand pounds. While that’s technically true, it often costs you far more in the long run.
The problem with off-market sales:
When you sell privately, the buyer has no competition. They know they’re the only one viewing, so they have no incentive to offer the highest price. You’re unlikely to achieve market value.
The benefit of using an estate agent:
At Bridges Properties, we generate competition for your property. Multiple interested buyers drive the price up, and the difference in sale price typically far exceeds our 1% fee.
The value we provide:
Beyond achieving a higher sale price, consider the amount of work involved from valuation to handing over the keys. Some sales are straightforward, but most require significant time, effort, and expertise to navigate successfully. Our service alone is worth the fee, never mind the additional thousands we can achieve for you.
Our advice:
If you’re motivated purely by saving fees, you may end up losing tens of thousands in sale price. If you want the best possible outcome, professional marketing and competition are essential.
