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Changing Estate Agents / Multi Agency
mrsmcfly
Posts: 38 Forumite
hello after a little bit of advice.
We are trying to sell our property instructed ea 1 on 18th june this makes the 12 weeks sole agency due to expire 3rd Sept. We have had 2 viewings in that time 1 couple really like but need to sell first.
Would you keep ea1 and get another agent in on a multiagency? or swap completely to another agent? If we did swap agents what would happen if the couple did sell and still want to proceed with our property.
Many Thanks
We are trying to sell our property instructed ea 1 on 18th june this makes the 12 weeks sole agency due to expire 3rd Sept. We have had 2 viewings in that time 1 couple really like but need to sell first.
Would you keep ea1 and get another agent in on a multiagency? or swap completely to another agent? If we did swap agents what would happen if the couple did sell and still want to proceed with our property.
Many Thanks
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Comments
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Hi there, it depends on your T&Cs about whether you can go multi-agency or not, but if you move to another EA and the couple come to you afterall, then fees would be due to your first EA as they introduced the buyer. You could go multi-agency if you can strike some sort of a 'winner takes all' fees deal (I did this on my house). The plus is that you can get both EAs to work harder to effectively get the commission, on the downside, it can seem like a sign of desperation from a selling point of view having two agents advertising your property. Also the first EA may not bother as much knowing they may not get the fee after all their 'hard' work.
It did work for me going MA, as my new EA got my buyer (although I'm still waiting on exch/completion but that's another story)!.
Good luck with whatever you decide,
Az0 -
Multi-agency works best if the agencies have different marketing strategies - e.g. if one has a great high street presence and advertises in the local paper, and the other has a fantastic website and appears on rightmove and all the other property sites - so that you can maximise your target audience. But if they both advertise in the same places, buyers will just dismiss your property as something they've seen before.0
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hello after a little bit of advice.
We are trying to sell our property instructed ea 1 on 18th june this makes the 12 weeks sole agency due to expire 3rd Sept. We have had 2 viewings in that time 1 couple really like but need to sell first.
Would you keep ea1 and get another agent in on a multiagency? or swap completely to another agent? If we did swap agents what would happen if the couple did sell and still want to proceed with our property.
Many Thanks
If you are not happy with the current agents, I suggest it is better to select others. Nowadays you can find many real estate agents in the market, who will be available in every corner of the city. You can easily find agents by searching internet, which is a simpler way where you can get agents as well as buyers.0 -
If you are not happy with the current agents, I suggest it is better to select others. Nowadays you can find many real estate agents in the market, who will be available in every corner of the city. You can easily find agents by searching internet, which is a simpler way where you can get agents as well as buyers.
You're not from the UK, are you?0
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