Choosing the Right Estate Agent

24 Aug 2017

Choosing the Right Estate AgentsWhen it comes to selling your home / property choosing the right estate agent to handle to sale can seem a little daunting.  Not all agents are the same especially with the rise of Online Estate Agents although most sellers still go down the traditional route.  I’ve put together a short list of things to look out for and ask when deciding.

  1. Online or Traditional – Firstly it would be best to decide what you require from your estate agent.  Most online companies advertise on all the usual platforms but do not have an office to visit, you would conduct the viewings yourself and deal with the sales progression once an offer has been agreed.  Payment for this service is usually up front.  Traditional Agents have a high street office, deal with the sale from start to completion including viewings and most importantly sales progression (this is key to make sure the sale goes through to completion.)  Fees are usually a % of the sale agreed price.
  1. Marketing – It is vital that the agent you choose are on the main property portals including Rightmove, Zoopla and S1homes.  It is also important that good photos are taken along with a  clear floorplan.  More and more buyers are doing more research online before visiting and they want this information up front..
  1. Referrals – Speak to friends and or neighbours who have sold and get first hand experience on the agent they used.  Find out if they were kept informed, given feedback after viewings and if any recommendations were made by the agent.
  1. Personal Touch – When selling your biggest asset you want to be confident in the person you will be dealing with.  Are they professional, responsible to hold keys for your property and carry out viewings and most importantly will they be able to sell your home to potential buyers.  A friendly manner goes a long way in Sales!
  1. Valuation – If you have a number of agents out to value your home most will probably be around the same figure but it is best to ask them to justify their opinions by giving comparable evidence.  It is not always best to go with the agent giving the highest value as this may result in your home sitting on the market for longer.
  1. Fees – As discussed above Online Agents usually charge an up – front fee that is non – refundable if the property does not sell.  Traditional agents charge a % of the sale price on completion and on a no sale no fee basis.  It does pay to shop around but make sure you get all the costs to work out the overall amount before deciding.
  1. Timing – Make sure the agent can work with your timescale, if you are looking to place on the market quickly (within a week) some agents might not be able to cover this so it is best to ask.
  1. Home Reports – In Scotland when selling you must commission a Home report and your agent should be able to organise this on your behalf.  Costs of home reports do vary and your agents should be able to give you a cost.
  1. Time to Decide – Now you have all the facts about the different agents its time pick your agent.  They will be delighted you have chosen them
  1. Work with your agent – Tell your agent what you are looking to achieve, the reason for selling and your preferred timescale for moving as this will help them achieve your goals.

Hopefully this is helpful – remember Fineholm offer both levels of services when selling your home so get in touch to discuss

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