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Choosing An Estate Agent
With so many estate agencies vying for your business, choosing the right agency can be difficult. We have put together the following top ten tips to help you find and use the most appropriate estate agent to sell your house. 1 - Shop around Shopping around different agents is a must and will allow you to get a good idea of the different prices and service you can expect. If the agent knows that you are talking to their competitors, you are more likely to get the deal you want on their fees. 2 - Local presence Opt for agents with a good local presence. Good indicators of a local presence are plenty of boards, reading 'sold', a prominent office on the local high street and listings in the local papers. Speak to friends, family and colleagues about agents they have used in the past as personal recommendations are often invaluable. 3 - Valuations Always get more than one valuation and don't always accept the highest. Quoting a high figure is one thing, actually achieving the sale is another. Try to find out from the estate agent if the figure is a result of knowledge and experience in the area or are they just trying to win your business. Do your own research, using the internet and local papers to compare the valuation against other similar properties in the area. 4 - Sales and marketing package Find out how the agent is planning to market your property and what the marketing collateral, i.e. brochures, adverts, website, will look like. When it comes to selling, try to find out how good the agents will be at negotiating on your behalf. Do they appear organised, focussed and professional? Would you buy a house from them? 5 - Website The Internet is now a very popular tool amongst people looking for new homes and it is vital that your agent has a good website to market your property with. Can the site be found on search engines, does it provide clear navigation to the property listings and are properties presented appropriately? A number of agents also list their properties in the large national property search engines like RightMove and Fish4Homes, extending their reach to a further national audience. 6 - Trade association Try to use agents that are members of associations, such as The National Association of Estate Agents (NAEA) or The Ombudsman of Estate Agents Scheme (OEA). You are more likely to get a professional service and if anything goes wrong the associations will often help you and the agent resolve the dispute. 7 - Fees Negotiating a lower fee with the agent may prove to be a false economy. Remember the agent is working for you and by cutting their money, you will be reducing their incentive to work as hard on your sale. Instead, try to create an incentive to benefit both parties. If the agent can get the full asking price, then let them have the full fee, but maybe you can negotiate a reduction in the fee, if they are not able to achieve the full asking price. 8 - Contracts Read the contract thoroughly, ask questions and never sign up to anything that you do not understand. Check the period of time for which you will be legally bound. There is nothing worse than being locked in with an agent providing poor service. Insist on a time period that will allow you to change agents easily, such as monthly or even weekly. 9 - Multiple agents To achieve a quick sale, you may want to use more than one agent to market your property. If so, another point to check on the contract is whether the agent insists on 'sole agency'. This means that they will still be able to charge you a commission fee, even if you sell your home privately or through another agent. 10 - Transparency Estate agents are required by law to not make false or misleading statements about the features of a property. They must also declare both promptly and in writing if either they, a business partner or relative would like to buy your property or if the agent will benefit in any way (above and beyond the agreed commission) from the sale of your property. Don Suter is Managing Editor of the UK Property Portal (http://www.ukpropertyportal.co.uk), an online directory and magazine for UK property sales, rental, surveyors, mortgages, conveyancing, property insurance, removals, news, investment and development. For more information on selling your home and finding estate agents, browse through our property search pages
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Norada Real Estate Investments The Michael Houck Real Estate Guide for May 19 Oil City News MCB Real Estate Revives Long-Awaited Viva White Oak Mixed-Use Project Source of the Spring Washington state ahead of the game as lawsuit rewrites real estate commission rules - Puget Sound Business Journal The Business Journals Yes, there are other coastal Delaware towns besides Rehoboth Washington Blade Dutchess County, NY real estate 2024: What's on the market for $579K Poughkeepsie Journal Baltimore real estate: 4 waterfront condos for sale The Baltimore Banner STAR resource center Department of Taxation and Finance Home Prices Hit Record Highs in April 2024: Trends & Forecast Norada Real Estate Investments Real Estate Briefs: Lakeside homes, news condos, and more news Rough Draft Atlanta REAL ESTATE | UPDATE | Johnson Bus selling lot for new West Bend Fire Department No. 1 washingtoncountyinsider.com VIDEO | REAL ESTATE | Construction finally underway for Taco John's in West Bend, WI washingtoncountyinsider.com Revolution in real estate: How the NAR settlement is changing the game Eden Prairie Local News James Quinn's Data Center Advisory Expertise at JLL Drives Innovative Real Estate Solutions for Global Corporations Markets Insider Oceanport's Denholtz recognized by commercial real estate organization themonmouthjournaleastern.com Here are recent property transfers up to $1.28 million St. Albans Messenger Westmoreland County Real Estate Transfers | Real Estate | latrobebulletinnews.com latrobebulletinnews.com Innovative Leaders Vanderstraaten and Rohrman Inducted into North Texas Commercial Real Estate Hall of Fame ... dallasinnovates.com OT Real Estate Spotlight of the Week: 2115 Sheridan Place The Owensboro Times Real Estate Mogul Grant Cardone Closes Largest All-Cash Multifamily Deal In South Florida This Year Yahoo Finance Routt County real estate sales at $17.6M for May 9-15 Steamboat Pilot & Today Robert Willett may be targeting female Realtors in Northeast Ohio Akron Beacon Journal China Says It Will Start Buying Apartments as Housing Slump Worsens The New York Times My Co-op Neighbor Never Pays His Maintenance on Time. Can We Make Him? The New York Times Navigating Northern Virginia Real Estate: An Insight Into Rhonda Campbell's Bespoke Approach Grit Daily Number of homes for sale in Metro Atlanta increased significantly, real estate brokerage says – WABE WABE 90.1 FM What's real estate wellness? Fortune Ellison sues real estate broker Chad Banken over alleged schemes involving contracts for deed Star Tribune Billionaire Frank McCourt raises his hand to buy TikTok Business Insider Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 Real Estate Transactions for May 18-19 | News, Sports, Jobs Nashua Telegraph Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 Sean Bloom Investments Announces $2B Real Estate Project in Las Vegas InvestorsObserver KKR Real Estate Finance Trust Inc. (NYSE:KREF) Given Average Recommendation of “Moderate Buy” by Analysts Defense World Edgefront Real Estate Investment Trust (TSE:NXR) Forecasted to Earn FY2024 Earnings of $0.73 Per Share Defense World Do starter homes still exist? Here's what NJ realtors said NorthJersey.com Letter: Clarifying changes to real estate industry Morgan Hill Times Local couple buys Pat Burrell's former Center City penthouse for 38% under original asking price The Business Journals Berkshire County Real Estate Transactions for April 29-May 3 Berkshire Eagle First Capital Real Estate Investment Trust (TSE:FCR.UN) Share Price Crosses Above Two Hundred Day Moving ... 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