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Estate agent fees - advice for first time seller

135

Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I sold my £415,000 house a few weeks ago via the online estate agent House Network ....

    In which area of the country....?
  • googler wrote: »
    In which area of the country....?

    Hertfordshire.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Not far outside the M25, then....?
  • DadDee
    DadDee Posts: 26 Forumite
    I would also recommend using a virtual/online estate agents, unless you are targeting the retirement market. Most buyers use rightmove.com so houses correctly priced will sell themselves.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    DadDee wrote: »
    I would also recommend using a virtual/online estate agents, unless you are targeting the retirement market or are in an area where Rightmove doesn't have the lion's share of the available properties. Most buyers use rightmove.com so houses correctly priced will sell themselves.

    I expanded that for you...
  • googler wrote: »
    or are in an area where Rightmove doesn't have the lion's share of the available properties

    There can't be many places in the UK where Rightmove doesn't have the majority of properties that are on the market. EVERYONE I know uses Rightmove as their first (and in most cases only) port of call.

    What area did you have in mind where RM doesn't have the lion's share?
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Scotland.

    In my neck of the woods, RM has less than 25% of the pre-owned properties. Lots of new-builds, popular with the big builders, but majority of the second-hand stock to be found elsewhere.
  • googler wrote: »
    Scotland.

    In my neck of the woods, RM has less than 25% of the pre-owned properties. Lots of new-builds, popular with the big builders, but majority of the second-hand stock to be found elsewhere.

    Do you have any evidence that that is true?

    A cursory glance at Scotland's biggest estate agents suggests they all advertise their properties on Rightmove.
  • Skinto_7
    Skinto_7 Posts: 264 Forumite
    googler wrote: »
    Scotland.

    In my neck of the woods, RM has less than 25% of the pre-owned properties. Lots of new-builds, popular with the big builders, but majority of the second-hand stock to be found elsewhere.

    Im suprised at that stat googler, im in Scotand and just about to put my property on the market and wouldnt dream of doing it with an agent, no matter how good they were in other areas, who didnt advertise it on Right Move.
  • Rudess
    Rudess Posts: 197 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    googler wrote: »
    So you propose that the OP basically lies about a fictitious rate that they've supposedly been quoted....?

    It's not lying, it's manipulating and that's exactly what EAs are doing, so why not do the same? You should want to save yourself money, not to finance the EA who make enough money.
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