Sacking an Estate Agent

GAH

Keep it on with them, don't reduce the price, if you get a sale then missioned accomplished, and if they don't sell then it has cost them money into marketing for 5 months.

If they have that many properties on, then it sounds as though, they work on a stack them high basis, and see how many we can sell.

googler

Look at Zoopla, OurProperty, nethouseprice etc and see what similar houses have been SELLING for recently. How does your price compare to these? Do you think you're realistically priced, even though you 'hate' to reduce your price at the agent's recommendation.....?

brit1234

Have you a rightmove link so we can give you advice about the pictures and price.

Many estate agents overvalue to get business locking them into long contracts before asking them to lower the price.

fannyanna

Being locked in for 4 months sounds excessive and an unfair contract term to me.

Have a look on the OFT website as I swear there was some guidance on estate agents and how long you can be locked into their contracts.

EDIT: Ignore me I think I'm talking tosh lol.

starlitegaize

brit1234 wrote: »

Have you a rightmove link so we can give you advice about the pictures and price.

Many estate agents overvalue to get business locking them into long contracts before asking them to lower the price.

googler wrote: »

Look at Zoopla, OurProperty, nethouseprice etc and see what similar houses have been SELLING for recently. How does your price compare to these? Do you think you're realistically priced, even though you 'hate' to reduce your price at the agent's recommendation.....?

It is realistically priced, yes. It's one of the cheaper ones on the development. The last house to sell was a 2 bed, 2 storey (much smaller in sq ft) that went for £172K. Just don't think the agents are being as creative with the marketing as they could be...

googler

fannyanna wrote: »

Being locked in for 4 months sounds excessive and an unfair contract term to me.

Why do you think it's 'unfair'?

StevenMarks

All the agents I dealt with were asking for six months sole agency but I refused to sign unless they reduced it to three.

starlitegaize

googler wrote: »

Why do you think it's 'unfair'?

Unfair, because they've not achieved very much in the first - and most important - month of marketing. The agent has not even managed to get a single viewing, we've priced the house competitively and it's in a "nicer" part of the town.

googler

starlitegaize wrote: »

Unfair, because they've not achieved very much in the first - and most important - month of marketing. The agent has not even managed to get a single viewing, we've priced the house competitively and it's in a "nicer" part of the town.

None of which has anything to do with the contract....

flora48

I changed estate agents when selling last year but to be quite honest in this market there is not much to choose between them unless the EA is truly awful. I just kept ringing each week to ask for updates and getting them to alter the entry on Rightmove so that it showed up in new searches. If the property is correctly priced it will sell... eventually. Get them amend the pics on the details to take account of the seasons, eg. no snow in April. Ask how they are actively promoting your property. In fact you need to become a bit of a pain in the a** to the EA!