When selling property, most homeowners automatically think of going through an estate agent.
However, with the rise of digital platforms like the Property-Hub, selling your property privately has never been easier or more advantageous.
Here are the key benefits of choosing to sell your property on your own, directly to buyers.
Save on Commission Fees
One of the most compelling reasons to sell privately is the cost savings. Real estate agents typically charge commissions ranging from 5% to 7.5% of the property’s sale price. On a R1 million sale, that’s up to R75,000 in commission fees alone. By listing your property privately, you avoid this significant expense, keeping more profit from your sale.Direct Control Over the Process
When you sell your own property, you have complete control over every aspect of the transaction. You decide the listing price, how and when viewings happen, and how you want to negotiate offers. You’re not dependent on an agent’s schedule or strategies, which means you can move as quickly or as slowly as you’d like.
Personal Connection with Buyers
Selling privately allows you to deal directly with potential buyers. This can be beneficial because you have a personal understanding of your property’s unique features, neighborhood perks, and recent renovations. You can communicate these advantages to buyers more effectively than a third-party agent might.
Access to Digital Marketing Tools
Thanks to platforms like Property-Hub, private sellers can now reach a wide audience without needing the traditional marketing network of an estate agent. Property-Hub allows you to easily list your property, share it on social media, and access add-on services like professional photography or contracts. This kind of digital exposure is vital in today’s property market, ensuring that your listing is seen by the right buyers.
Flexibility with Negotiations
Negotiating directly with buyers allows you to be more flexible and creative in the terms of the sale. Whether it’s adjusting the price, agreeing on repairs, or settling on a move-in date, you’re free to find terms that work best for both parties without intermediaries complicating the process.
Access to Professional Services When Needed
Selling privately doesn’t mean you’re on your own entirely. Platforms like Property-Hub also connect you with professional services, such as contract assistance, transfer attorneys through Property-Portal24, and even legal advice if necessary. This hybrid model allows you to manage the process yourself, while still accessing expert help when you need it.