FAQ

How does it work?
This is a private sale. More and more people are now are using the internet to find their next property from the comfort of their home.


1. An email is sent to all buyers that have registered with EFP where your property meets their search criteria.

2. Buyers will find our website through search engines and will find your property by our property search engine.


Can I privately sell or let my property and use an Estate Agent or Letting Agent at the Same time?
You can sell or let your home privately and NOT pay the agents commission if you find the buyer or tenant yourself. As EFP is not an Estate Agent, but helps you to sell or let your property privately, there is no conflict with sole or multiple agency agreement. The Office of Fair Trading also states this in their publication 'Using an Estate Agent to buy or Sell your home', for a free copy visit www.oft.gov.uk

Why do Estate Agents and Letting Agents charge so much?
Who knows! However, the general public have been willing to pay the commission and so the Estate Agents and Letting Agents keep charging such high fees. Would it not be better to keep this commission and have a bigger deposit on your next home.

Why do EFP not charge commission?
We choose not to charge commission as we have reasonably low outgoings, we have no rent to pay on a shop in a busy high street and no unnecessary staff. Our aim is to give the public an alternative way to sell their property and save thousands in commission.

Does your service work?
Yes our service works, we cover every aspect of advertising we target traditional home seekers with our For Sale boards and our adverts in the Sunday Times and other property publications. The internet home seekers are targeted by our excellent search results on Google and our presence on the UK’s largest property portals, which the estate agents actually use.

What work do I need to do?
If your property is in the Epping Forest area and you choose Price Band A, you will not have to do anything apart from handle your viewings. If you choose Price Band B you will have to handle your viewings, take the appropriate photographs write a description and then email them to us then we will do the rest. Either way you stand the chance of saving thousands of pounds in commission, which is not bad for half an hour’s work.

How many photos can I display?
Initially 1 photo will be displayed on our website any interested parties can contact us to request further photos which we will send to them. We will have up to 10 photos on record. Up to 6 photos will be displayed on the portal website’s.

What property publications do you advertise in?
We advertise in Property Mart and will have space for 4 properties displaying a single photo and a brief description. Properties will be on rotation every fortnight.

What is classed as the Epping Forest area?
Please contact us regarding information on the Epping Forest area.

How do I pay?
You can pay by personal cheque or credit/debit card.

How do I value my property?
The value of your property is simply the price a buyer or tenant is willing to pay. Do not be tempted to price too high or you simply will not receive any viewings. Look at similar properties in your area and rank your home against them. This is all the Estate Agents and Letting Agents do. If you have any problems with this feel free to contact us for advice.

Do I legally need an Estate Agent or Letting Agent?
No, all Estate Agents do is introduce buyers to sellers, and tenants to landlords. They have no legal function. Most people do not even go to an Estate Agent to find a property, they go straight to the internet and search for their next home online. They only then go to the Estate Agents because most people still use Estate Agents and Letting Agents to market their property.

What about security?
Most Estate Agents use this to scare people away from private selling, but consider the facts:

• You decide what contact details are published, where most Estate Agents will give a property address to anyone who walks off the street.
• People only visit your home when you invite them and you are present. Estate Agents may bring anyone to your home even when you are out.
• Our ‘For Sale’ and ‘To Let’ boards do not contain any of your personal details. Buyers and tenants will contact EFP direct using our published Website address, email address or telephone number.
• When arranging a viewing always ask for their telephone number, name and address and ask them to bring some ID with them. Always have a friend or relative with you while the viewing is taking place.

What do I do when a find a Buyer or Tenant?
When you have agreed a price, pass your details to a solicitor or conveyancer who will perform the legal function.

If you have a question feel free to contact us:
info@eppingforestproperties.co.uk
0208 8200 805

 

 

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