Top Ten Tips For Choosing An Estate Agent To Sell Your House
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Choosing the best estate agent to sell your house can be a difficult task. Selling your house is one of the biggest financial decisions you will make in your adult life, so it is extremely important to select an estate agent who has your best interests at heart and who will do best for your property. The decision shouldn’t just be down to the cheapest estate agency fees either. There are plenty of other important factors that must be considered when choosing an estate agent to sell a property, and here are Which Property Agent's top 10 tips:
1. Ask people for their recommended estate agency.
When you first read this it may have sounded an obvious one but you’d be surprised how many vendors simply choose the estate agent they drive past each day on the way to work with no proper prior knowledge of them. Your friends, colleagues and neighbours have more than likely sold a property in the past. Ask them who they used, who they wouldn’t use and which estate agents they recommend.
2. Think about what is the most important factor for you when selling your property.
Are you after a quick sale? Do you need the highest sale price? Are you selling a fairly niche property type? Is it all of the above? These factors will determine which agent you should choose as certain agents have better track records in different areas than others and with dealing with different property types.
3. Choose an estate agent who has a good track record of selling the same property type in the same area as yours.
As stated in tip number 2, different estate agents have different strengths and weaknesses. There is no point choosing an agent to sell your city centre apartment if the agent you choose is struggling to sell the ones they already have on their books. You are best going with an agent who will give your property the time and resources it needs. The same can be said if you are selling a 6 bed country mansion; there are certain estate agents who specialise in prestigious property types. Which Property Agent matches the best estate agent for a particular property.
4. Think like a property purchaser and put yourself in their shoes.
When you buy houses, where do you look and what influences your decision? Walk around you local area looking for For Sale signs, and even more importantly, Sold signs! These agents must be getting enquiries from potential buyers.
5. There is no need to sell through the same estate agent you are buying from.
Just because you are buying a property from one agency, doesn’t mean they are necessarily the best to sell your property. What’s important when selling isn’t the same when buying. I.e. When buying you want to pay as little as possible for a property and when selling you want to get the highest sale price as possible.
6. Consider multiple agents when selling a house.
There is nothing wrong with a bit of friendly competition amongst estate agents (as long as the contract you sign with them doesn’t say there is!)
7. Check the contract and small print before you instruct an estate agent.
Even if you are only going to instruct the one agent and not multiple agents, it is essential you check the contract thoroughly. If necessarily get your solicitor to read it through first. Contracts can sometimes tie in vendors for long periods of time, so if you do encounter any poor standards of service or other problems along the way, you are stuck with that agent!
8. Find out how the estate agency intends to market and advertise your property.
Which property portals do they advertise on? Have a good look at their property brochures and compare them to other estate agents. Ask yourself “How will a potential buyer find my property through this agent?”
9. Check the estate agent’s credentials and trading history.
Sometimes easier said than done but ask which accreditation schemes and regulatory bodies they are a member of. Here at Which Property Agent we support these following schemes as they are the main ones, but there are other good schemes: NAEA, RICS, and The Property Ombudsman.
10. Compare estate agents and shop around before you commit.
It’s possible to compare other services such as credit cards, so why not estate agents? Choosing the best estate agent to sell your property is such an important decision that it makes sense to find which agent is going to be best at selling your house. Thanks to Which Property Agent it is now possible to compare estate agents from all over the UK.
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