What do EA's actually Do?

sugarwalsh

I'd add one. So what if your shower room is tiny, if it puts people off on paper it will put them off in real life too.
What about checking out flats which are similar to yours in the local area, not necessarily on your road? Or seeing what else is available for the same price? Try and be objective and decide if yours is priced competitively with them?

Fire_Fox

partialycloudy wrote: »

Thanks, I don't think I would be inclined to move EA's if we had more viewings. Fair enough if people were viewing and not liking what they see but if we can't even get them in the door its rather frustrating.

We decided not to have a floorplan as the shower room is on the small size and we didn't want to put people off even coming to look as the two double bedrooms and mass of outside space more then make up for the small shower room.

The area is very popular and has kept its value over the years but we right next to a school so don't know if that would put people off.

Didn't your agent advise you to have a floor plan? A floor plan is expected these days. People in general have poor imagination, they are useless at seeing past clutter or working out what the layout is from photos. It would put some buyers off, others might put the property lower down the list, ie. they won't rush out to view in the first fortnight as you are expecting.

Is it a good school, if so is your listing selling this as a benefit? Again if you post your Rightmove link we can give specific advice, at present we are guessing.

partialycloudy wrote: »

We have looked at similar flats in our area as in our road the prices vary massively! Next door is a three bed mid terrace and was on for £270,000 but the house at the end of the street is a 5 bed victorian detached property with turret!!! and was on for half a mil! Our area is very strange every house is of a completely different size and style!

Are you saying this is a three bedroom flat? If so that is a niche market, many will see it as a two bedroom with an extra reception, partly depending on the layout.

Local area is wider than your street. No point in looking at totally different sizes, look at the same type, plus one more and one less bedroom. If you accept an offer the lender will have to value, they will do this.

martinsurrey

partialycloudy wrote: »

Really??
So if you were looking for a 3 bed property and one came up in your price range and location and the pictures showed it was not a doss hole you wouldn't go and see it purely because it had no floor plan?

( I am not asking this is a snippy way, just geninuely never thought it would be that off putting)
I love seeing a floor plan of houses we would like to view but it wouldn't put me off going to see something if they didnt have one

Not if I had been looking for ages or had a tiny search area.

but if I started looking and had 15 3 bed houses in my search area, I would more than likely view the 5 that ticked most of my boxes first, and without a floor plan, a house would be put to the back of the pile, and only viewed once I’d seen the rest, and who knows if I would get that far before falling in love and buying one.

partialycloudy

sugarwalsh wrote: »

I'd add one. So what if your shower room is tiny, if it puts people off on paper it will put them off in real life too.
What about checking out flats which are similar to yours in the local area, not necessarily on your road? Or seeing what else is available for the same price? Try and be objective and decide if yours is priced competitively with them?

Yep we did that, and was quite hard as no other flats have the outside space we do, and our second bedroom is a proper double room rather then a box room, we also have just purchased the freehold. But we think the price is right for marketing and we are negotiable, we had three agents round and they came in around the same valuation.

googler

partialycloudy wrote: »

...in regards to rightmove statistics, we are in the top five viewed properties on their books and he was disappointed that hadn't resulted in more viewings.

... what exactly would another EA do differently? Now that properties are on RightMove et al surely it makes very little difference what EA you are with??

What about the buyers who don't have PCs, who don't look at RM et al? You seem to be suggesting that everyone in the land looks at it, which definitely isn't the case.

However, what could EAs do outwith Rightmove?

Well, I'd expect a decent EA to be keeping details of potential buyers and promoting properties to them personally. For every poster here who says "There's no point in registering with an EA, because I'm looking on RM" there's another who says "My house sold before it went on RM, to someone on the EA's buyer list"

I'd expect a decent EA to be cross-selling properties. If buyer A views house A, for instance, and don't like it, I'd expect the EA to at least TRY to sell them on house B or C, rather than just letting them go away. Many folks have said on here they ended up buying a different house to the one they originally viewed with an EA, because the EA determined what they were after, and what would suit them.

I'd expect a decent EA to be networking in their community, whether that's with other local financial professionals, the legal network, business associations, and generating interest and referrals that way.

Assuming both your current and proposed EAs have high-street offices, you may find one is in an area which gets more footfall than the other, and this may generate more interest in your property.

etc

etc

partialycloudy

its a two bed flat and we have looked in our area and its a niche area, the next town over is...well not so diserable, and most properties are about 50% cheaper.

partialycloudy

They have sent details out to there registered clients also.

The two viewers were buy-to-let investors who were seeing alot of properties so I think cross selling is being done.

Dan-Dan

right move link please!!

partialycloudy

Dan-Dan wrote: »

right move link please!!

Dont think I am brave enough for that! Lol I would worry someone might ID me!

Fire_Fox

partialycloudy wrote: »

its a two bed flat and we have looked in our area and its a niche area, the next town over is...well not so diserable, and most properties are about 50% cheaper.

If your area is so much more desirable why have you had BTL but not singles/ couples/ small family buyers?

partialycloudy wrote: »

They have sent details out to there registered clients also.

The two viewers were buy-to-let investors who were seeing alot of properties so I think cross selling is being done.

If it's in a location/ of a type to attract BTL then you definitely want a floor plan, time is money they don't want to be wasting effort looking round a place that is unsuitable for their target market. They don't need to see the flat to fall in love with it.