You can sell your house privately and attract buyers successfully by using some of the techniques a property agent would use (for example – newspaper advertising, social media or sometimes a for sale board).
If you have time, you can organise and conduct viewings, do negotiations with your potential buyers and also deal with solicitors. However, you will have to devote a lot of your own time to the sale as practically the process demands more time from attending to calls, viewings, negotiations, working with solicitors, and much more when following up as the process is slowed down with manual system when it comes to searches and the entire paperwork throughout the transaction. Normally in Malawi to close a sale it may take you at least a month or more depending on the circumstances surrounding the sale.
That put aside, selling your property alone may deprive you benefits of the cheap newspaper or magazine bulk advertising which the property agent or broker takes advantage of because of their long listings. It can cost you a lot to run your property advert if you plan to advertise in newspapers or magazines. Adding to that, you may not benefit from the ready potential buyers which the property agent is already in contact with. Again, research from buyers indicates that the majority prefer not to deal with owners directly.
All said, if the decision is not based on expected outlay, you can sale without engaging a property agent and still succeed.
This is the reason Nyumba24.com website was established in Malawi to offer easy services to people looking for houses to rent and sale.
The procedure is simple; nyumba24 uploads all types of Real Estates Properties in Malawi sourced from Real Estate Property Agents or Landlords on its website www.nyumba24.com which has thousands plus viewers worldwide.
Nyumba24 is different from other ordinary means of advertising agencies whose the viewing public is becoming minimal due to the rampant Information Technology growth rate.
Landlords or Real Estate Agents provides properties with full description and high resolution pictures for easy viewing and decision making before physical viewing of the property site. The advantages of advertising and renting or buying Real Estate Property through www.nyumba24.com would be; time saving, transport saving and security.
Nyumba24 which has its operation office in Sunnyside in Blantyre has listings of plots, furnished and unfurnished residential houses and commercial properties both for sale and rent in all regions of Malawi.