We want to sell - EA or "Jump" property retailer?

stustu92

Hi everyone,

We want to move and we've have 3 EAs round and Jump who say they are a 'property retailer'. They seem to have different ways of working, and i was wondering if anyone on here has any experience of Jump and what are the pros and cons of using an EA or property retailer.

Jump told us a figure which they said we would walk away from the sale with (61500) and then they told us the value they'd market at(65500). The difference between the two is £4000! on a 2 bed mid terrace where these type of houses are selling in our area for between £60k & £80k.

I'm confused, but the best EA close to us wants to charge us £895 +VAT when he thinks our house will sell for £61,500.

Shold we stick with the EA or go with Jump?

Please help!

Gem_

Is this jump as in http://www.jumpnow.co.uk/ ? If so then I think they give you a guarrenteed price and then try to sell for more, if they do sell for more then they keep ALL of this money as their comission (now this could be out of date but this was what they told me 6 months ago when I had a valuation).

Its not a way I would want to sell.

The other estate agent sounds more reasonable. The best you will ever get, in my experience, is 1 % but with cheaper houses (ie under £100,000) it is not uncommon to pay a fixed fee. Does give the EA less incentive to fight for the highest price!

Hope that helps

Gem

gadg

If it's not too late for you, avoid Jump.
The company went into administration in August and the assets sold to another company run by the same people and operating under a similar name. I used them prior to that and they failed to place many of the newspaper ads they said they would.