PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

One or two agents

I am coming to the end of my contract with my present estate agent and would like to put my house with another agent.

I can't decide whether to have one or two as I would like to sell quickly.

Apart from the extra cost would it be a bad thing having 2 agents?
«13

Comments

  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    It smacks of desperation - if you are desperate, if might be the thing to do. Why not 3?

    Why 1 appearance on Rightmove might not find a seller, but 2 would, eludes me.

    I note from your old thread, you priced £10k below the EA valuation. https://forums.moneysavingexpert.com/discussion/2476575

    If the EA got it wrong by £10k, you are simply pricing it at the average level.

    To sell quickly, you may need to be more obviously competitive compared to other properties for sale.
  • delmar39
    delmar39 Posts: 1,447 Forumite
    If you get the right agent you only need the one. Why has your current agent not sold? Have you had many viewings? Is there a problem? Assess why you haven't sold and take it from there.
  • Gwhiz
    Gwhiz Posts: 2,322 Forumite
    Part of the Furniture Combo Breaker
    Where I am it makes sense to use 2 because they seem to have different clients and I know that one, although brilliant at selling, often !!!! people off so won't be used by a certain proportion of potential buyers.
  • delmar39
    delmar39 Posts: 1,447 Forumite
    Gwhiz wrote: »
    Where I am it makes sense to use 2 because they seem to have different clients and I know that one, although brilliant at selling, often !!!! people off so won't be used by a certain proportion of potential buyers.

    Good point. Along similar lines I'd go for an EA who has sold a lot of properties similar to yours. Get them to demonstrate to you how they will sell your property based on what they've achieved in the past.
  • petunia100
    petunia100 Posts: 536 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    It smacks of desperation - if you are desperate, if might be the thing to do. Why not 3?

    Why 1 appearance on Rightmove might not find a seller, but 2 would, eludes me.

    I note from your old thread, you priced £10k below the EA valuation. https://forums.moneysavingexpert.com/discussion/2476575

    If the EA got it wrong by £10k, you are simply pricing it at the average level.

    To sell quickly, you may need to be more obviously competitive compared to other properties for sale.

    I've reduced it by 20,000 now, as I realised that they had way overpriced it and I'm very annoyed about it as all they did was waste precious time putting it on the market too high to serve their own greed, as their fixed price commision was based on the value of the property.
  • petunia100
    petunia100 Posts: 536 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    It smacks of desperation - if you are desperate, if might be the thing to do. Why not 3?

    Why 1 appearance on Rightmove might not find a seller, but 2 would, eludes me.

    I note from your old thread, you priced £10k below the EA valuation. https://forums.moneysavingexpert.com/discussion/2476575

    If the EA got it wrong by £10k, you are simply pricing it at the average level.

    To sell quickly, you may need to be more obviously competitive compared to other properties for sale.

    I don't understand your comment about Rightmove. I'm more interested in the fact that it would be 2 mailing lists and shop fronts as opposed to 1.
  • petunia100
    petunia100 Posts: 536 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    delmar39 wrote: »
    If you get the right agent you only need the one. Why has your current agent not sold? Have you had many viewings? Is there a problem? Assess why you haven't sold and take it from there.

    I've had many viewings but they overpriced it which wasted a lot of time. They always send their newest member of staff which have been very young and had no selling skills. The people they send are often looking for something totally different to our house and on one occasion they even sent someone for who they had no contact details. They have lied on numerous occasions and been very rude at times. Also their photo's were crap.
  • petunia100
    petunia100 Posts: 536 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    delmar39 wrote: »
    Good point. Along similar lines I'd go for an EA who has sold a lot of properties similar to yours. Get them to demonstrate to you how they will sell your property based on what they've achieved in the past.

    How do you know if they've sold similar properties to yours, can you view their records?
  • Only ever need one agent. It's a complete myth about buying lists of agents being different, they all have the same people registered.

    Fact is, nobody cares who your agent is, it's all about how your property is marketed on Rightmove.

    Get a few agents round and have them produce a set of details prior to signing up, whoever does the best job, so long as you like them, go with them. State your position clearly and consider putting a low guide price to encourage lots of viewings and hopefully you'll still get fair money and a quick sale.

    Good luck.

    In response to the poster on having two shop fronts - everyone goes on the internet. Paper advertising and big shop fronts are there to attract sellers, not buyers.
    I'm an estate agent. :j
  • petunia100
    petunia100 Posts: 536 Forumite
    Part of the Furniture 100 Posts Combo Breaker

    In response to the poster on having two shop fronts - everyone goes on the internet. Paper advertising and big shop fronts are there to attract sellers, not buyers.

    Unfortunately that doesn't seem to be the case round here, I hardly know anyone who uses the internet - seriously they are afraid of it.

    Can you explain why shop fronts and paper advertising attract sellers and not buyers?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.