Because each home is unique, there are many ways, more or less traditional, to sell your property. When you put your property up for sale, there are several ways to find a buyer. In most cases, the sale is made through a real estate agency. In addition to this traditional method, there are less well-known ways to sell real estate, such as life annuity, property exchange or auction. Here you can find a presentation of these different methods and their advantages and disadvantages, and if you want to know more about a property for sale, visit for-sale.com/.
Between individuals or through an agency: traditional methods
Every year, sales between private individuals account for one third of all real estate transactions. To do this, it is possible to use your network of acquaintances or, more commonly, to publish classified ads on specialized sites. What are the disadvantages of selling between private individuals? You will have to carry out all the tasks usually assigned to the real estate agent in charge of the sale. Estimation of the property, realization of the DPE, realization of the sales agreement… These are all technical tasks that will be your responsibility. If you want to learn more about
Entrusting the sale to a real estate agent is also a very common solution. This professional will take care of all the administrative formalities for you and will do everything possible to obtain the best price for your property. However, going through a real estate agency has a major disadvantage: its cost. Indeed, it can represent between 1 and 10% of the total selling price.
Original solutions for selling
Nevertheless, you should know that as owners you have other solutions, which can be described as alternatives, to sell your property.
The fastest and safest solution is an auction. To do this, it will be necessary to go through a notary and accept that the person offering the best price obtains the property, even if it means that it is below the market price.
Life annuity sales also have their advantages and disadvantages. In this way, the seller obtains a starting sum (called the bouquet) as well as a regular income (called the life annuity) until his death.
Although unknown, the exchange of goods is a very simple sales technique. It consists in exchanging one’s home for another. Of course, both parties must accept the transaction. In this case, it will be sufficient to sign an exchange contract before a notary. Note that if the two units are of equal value, the fees will be divided equally. However, a balance will have to be paid as compensation if one of the units is more expensive than the other.
Which solution to choose to sell your home?
Faced with the multitude of techniques used to sell a property, it is essential to choose the one that best meets your expectations. Sell at the best price between individuals, sell easily with an agent, and sell quickly at auction… it’s up to you to choose the solution that suits you best.