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Why not Sell your home yourself or even swap?
Irish Independent - 1st September 2009

NOT so long ago, there was a surge of interest in the idea of selling your home yourself as a way to cut out the sometimes astronomical commissions charged by many estate agencies. Thanks to websites like www.privateseller.ie homeowners can advertise their properties themselves for a nominal fee and avoid paying commissions of between 1-2pc to agencies, which could result in average savings of €6,000. "While we are obviously quieter in the last 18 months than in the previous three years, sellers that wouldn't have considered selling privately in the past are now changing their minds with a lot of success," says Fiona Mc Loughlin of Privateseller.ie.

"Almost 70pc of the properties listed on our website were previously listed with an estate agent who failed to sell the property and we're successfully selling those properties".  There are no hard statistics on private sales in Ireland, but it is estimated that in the UK private sales now make up about 10pc of the overall market.  In the current stagnant market, you could also consider property swapping, says Liz O'Kane, a professional house hunter.

"Estate agents fees, which can be up to 2pc of the price of the property depending on where you live, are eliminated", she says. "Financial approval is not required.

"At least half a dozen have done it successfully and happily since last May via myswap.ie" she adds .
 

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