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Which agent?
redhead123
Posts: 171 Forumite
I had a few agents round last month to do valuations...one gave me a low valuation (119 to get 115:( ) most were at 125, and one said put it on for 130, 129 and expect to get 125. I'm not in it to make money but i paid 125 and want to break even if possible!!
Now one agent doesn't advertise much and doesn't seem to have tons of properties on their books but offers a deal with the conveyancing, their fee is 1.5 percent. This agent also happens to be the one my partners mother works for and does the conveyancing!for So...
Do I go with a bigger agent who has plenty of properties on their books, higher fee...possibly more selling power then?? Or the one that my OH's mum works at because I'll be able to nag her! Or I could just use her for the conveyancing...Hmm. She suggested using them as sole agent for six weeks and then swapping if nothing happened. Or would you go with the bigger agent in the first instance??
Now one agent doesn't advertise much and doesn't seem to have tons of properties on their books but offers a deal with the conveyancing, their fee is 1.5 percent. This agent also happens to be the one my partners mother works for and does the conveyancing!for So...
Do I go with a bigger agent who has plenty of properties on their books, higher fee...possibly more selling power then?? Or the one that my OH's mum works at because I'll be able to nag her! Or I could just use her for the conveyancing...Hmm. She suggested using them as sole agent for six weeks and then swapping if nothing happened. Or would you go with the bigger agent in the first instance??
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Comments
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Have you researched land registry sold prices to see whether you idea of breaking even if realistic? No point in free conveyancing if the agent doesn't get the punters through the door. Go with whichever agent has impressed you with their professionalism and market knowledge and will give your house a starring role on Rightmove.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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The ones that have sold near me have been at depressingly low prices - but these ones (that have sold quickly) are mainly re-possessions or need a lot of updating. The ones that sold within my postcode sold a few months after mine for about 5K more. But as that's 2 years ago it's not an accurate reflection.
It's really hard to know who to go with. The one who impressed me the most actually charges quite a high fee, but they seemed to know what they were talking about - or at least convincingly, and knew a lot of the 'history' on the houses for sale in the area (or maybe this is common knowledge among estate agents)(>They said put it on for 129,995 (which i thought was unrealistic) because they said 'you can't go up you can only go down'....:eek:
Hmmmm!0 -
If someone can afford £125k, they'll be looking at houses up to that level. They won't be looking at anything priced over the stamp duty threshold of £125k, and they're even less likely to be looking at ones priced at almost £130k. Well, there may be one or two people out there who'll look between 125-130 and then offer £124,995. ....
IF you want/need £125k, price it at £125k. When did you pay £125k for it?0 -
The problem is that it's rare for buyers to just go in at the asking price - so normally you price up and expect to get less, if I put it on at 125 then I'd probably get offers around 120 or less. When I bought it, 2 years ago, it was on at 135 (bit unrealistic when prices were down) and I offered 125 cos of the stamp duty0
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