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A recent UK survey by Alliance & Leicester has shown that selling your house privately with an FSBO* website (such as Sellityourself.ie) actually leads to a quicker sale than with an estate agent.
Of the 2,384 people polled, Alliance & Leicester found that sellers who sell a house privately make a sale in an average of two months or less while those using the more conventional (estate agency) route to sell their UK property were taking over three months.
In addition, the number of people interviewed who had used a private property sale site had risen from 5% last year to 8% this year, a sure sign that the FSBO trend is definitely on the up, as confirmed by Stephen Leonard, Alliance & Leicester’s director of mortgages:
A spokesperson for A&L said “Using an Estate Agent to sell your home is generally viewed as part and parcel of the moving process, but the research suggests that DIY methods , such as using the Internet to sell a home are becoming more popular.”
So, you not only save money, you also sell faster privately. Not a bad combination!
* FSBO = For Sale By Owner
01 November 2007
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